TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,545.94, up 40.61 points.)
Enbridge Inc. (TSX:ENB). Energy. Up eight cents, or 0.14 per cent, to $56.71 on 10.5 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down $1.60, or 3.73 per cent, to $41.31 on 8.4 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 45 cents, or 2.25 per cent, to $19.52 on 7.5 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Down 20 cents, or 8.48 per cent, to $2.16 on 6.4 million shares.
Lundin Mining Corp. (TSX:LUN). Materials. Down eight cents, or 1.19 per cent, to $6.64 on 6.2 million shares.
Argonaut Gold Inc. (TSX:AR). Materials. Up three cents, or six per cent, to 53 cents on 6.1 million shares.
Companies in the news:
Dye & Durham (TSX:DND). Down 41 cents or 2.18 per cent to $18.42. Dye & Durham says it is considering its options after the United Kingdom's competition regulator said the company must sell a 2021 acquisition due to competition concerns. The Competition and Markets Authority (CMA) says the acquisition of TM Group, which closed in July 2021, will "substantially" lessen competition in property search reports in both England and Wales. The CMA had previously expressed concerns about the deal and launched an investigation last October. Toronto-based Dye & Durham has responded by saying it "strongly disagrees" with the CMA's decision and continues to believe that the acquisition of TM Group would be "beneficial" for the search report market and its customers. The cloud-based software company for legal and business professionals says it will carefully consider its options, including a potential appeal of the decision.
NFI Group Inc. (TSX:NFI). Up $1.16 or 8.72 per cent to $14.46. Global supply chain constraints, inflation and restructuring costs put pressure on NFI Group Inc.'s second-quarter earnings, but the company said Wednesday that the outlook is improving. The Winnipeg-based bus maker reported a loss of US$56.7 million or 74 cents per share in the quarter, compared with earnings of US$2.6 million or four cents per share in the same quarter last year. Along with the general economic headwinds, the results were also down as the company received no wage subsidy support this year, compared with the US$56 million it received in the last fiscal year, while a lawsuit settlement and pension liability also weighed. Looking ahead though, the company sees improvements in its supply chain issues, and in customer demand.
This report by The Canadian Press was first published Aug. 3, 2022.
The Canadian Press
