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TORONTO Some of the most active companies trading on the Toronto Stock Exchange Monday: Toronto Stock Exchange (21,537.45, up 179.89 points.) TC Energy Corp. (TSX:TRP). Energy. Up 49 cents, or 0.78 percent, to $63.29 on 7.3 million shares.
TORONTO Some of the most active companies trading on the Toronto Stock Exchange on Monday:
Toronto Stock Exchange (21,537.45, up 179.89 points.)
TC Energy Corp. (TSX:TRP). Energy. Up 49 cents, or 0.78 percent, to $63.29 on 7.3 million shares.
Bank of Montreal (TSX:BMO). finances. Up $1.69, or 1.14 percent, to $149.85 on 4.8 million shares.
Bombardier Inc. (TSX:BBD.B). Industrial. Four cents, or 2.25 percent, rose to $1.82 on 4.3 million shares.
Baytex Energy Corp. (TSX:BTE). Energy. Up 14 cents, or 3.1 percent, to $4.66 on 3.9 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 35 cents, or 1.9 percent, to $18.99 on 3.6 million shares.
Sherritt International Corp. (TSX:S). materials. Six cents, or 11.3 percent, rose to 59 cents on three million shares.
Companies in the news:
Cineplex Inc. (TSX:CGX). Down nine cents or 0.68 percent to $13.15. Cineworld Group PLC is appealing a court decision that awarded $1.24 billion to Cineplex Inc., the theater chain that would one day acquire Cineworld. In documents filed with the Ontario Court of Appeal, British cinema giant Cineworld says Judge Barbara Conway erred in its Dec. 14 decision, finding the company was not right to walk away from its deal to buy Cineplex. buy when the COVID-19 pandemic hit. Cineworld argues that the court erroneously held that Cineplex did not violate the terms of the acquisition agreement when it stopped and delayed payments to landlords, suppliers, film studios and film distributors. Cineplex said in court that the moves were part of the normal course of business for theater companies during a pandemic and did not damage reputation with landlords and studios, but Cineworld now states that the suspension began even before Canadian cinemas were closed and were not allowed under his agreement. Cineworld also alleges that the judge erroneously ruled that the $2.18 billion agreement between the two companies allowed Cineplex to deviate from its normal course of business due to an outbreak.
This report from The Canadian Press was first published on January 17, 2022.
The Canadian Press
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