TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,579.29, down 95.11 points):
Enbridge Inc. (TSX:ENB). Energy. Down 15 cents, or 0.29 per cent, to $51.20 on 10.1 million shares.
Canadian Imperial Bank of Commerce (TSX:CM). Financials. Down 66 cents, or 1.12 per cent, to $58.41 on 6.6 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 76 cents, or 3.11 per cent, to $25.19 on 6.5 million shares.
TC Energy Corp. (TSX:TRP). Energy. Down 63 cents, or 1.08 per cent, to $57.82 on 6.4 million shares.
Royal Bank of Canada (TSX:RY). Financials. Down $1.55, or 1.26 per cent, to $121.73 on 5.7 million shares.
Bank of Nova Scotia (TSX:BNS). Financials. Down 94 cents, or 1.45 per cent, to $63.95 on 5.7 million shares.
Companies in the news:
Mullen Group Ltd. (TSX:MTL). Down $1.33, or 9.07 per cent, to $13.34. Mullen Group Ltd. reported its third-quarter profit more than doubled compared with a year ago as its revenue rose nearly 20 per cent. The trucking and logistics company says it earned net income of $38 million or 39 cents per diluted share for the quarter ended Sept. 30. The result was up from a profit of $17.5 million or 18 cents per diluted share in the same quarter last year. Mullen Group chair and senior executive officer Murray Mullen says the growth in revenue reflected strong customer demand across all of the company's operating segments, increased pricing year over year and a couple of small acquisitions.
Imperial Oil Ltd. (TSX:IMO). Down 21 cents, or 0.31 per cent, to $66.85. Imperial Oil Ltd. has announced a collaboration with a manufacturer of electric vehicle charging solutions looking to expand its EV charging network across Canada. Imperial says it has signed an agreement with FLO, a Quebec-based company that manufactures EV charging stations for property managers, business owners and employers. The agreement will see the two companies develop a charging service option for Imperial’s Esso and Mobil-branded wholesalers. FLO has over 70,000 fast and level 2 EV charging stations deployed at public, private and residential locations across North America.
This report by The Canadian Press was first published Oct. 20, 2022.
The Canadian Press
