TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,200.76, down 242.52 points.)
Suncor Energy Inc. (TSX:SU). Energy. Down 37 cents, or 0.90 per cent, to $40.60 on 15.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 56 cents, or 2.42 per cent, to $22.58 on 14.6 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 79 cents, or 1.10 per cent, to $72.59 on 14.5 million shares.
Bank of Nova Scotia (TSX:BNS). Financials. Down 76 cents, or 1.17 per cent, to $64.48 on 9.7 million shares.
Canadian Imperial Bank of Commerce (TSX:CM). Financials. Down $1.09, or 1.97 per cent, to $54.35 on 9.6 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down six cents, or 0.25 per cent, to $23.91 on 8.5 million shares.
Companies in the news:
Freshii Inc. (TSX:FRII). Up 1.27, or 133.68 per cent, to $2.22. Foodtastic Inc. has signed a deal to buy healthy fast food restaurant chain Freshii Inc. for $74.4 million. Foodtastic CEO Peter Mammas says Freshii will help Foodtastic expand into a new category. The Montreal-based restaurant franchisor behind brands like Second Cup, Pita Pit and Milestones also recently announced plans to acquire Quesada Burritos & Tacos. Freshii says the deal will see Foodtastic pay $2.30 per share in cash, representing a total of $74.4 million on a fully diluted basis.
Enghouse Systems Ltd. (TSX:ENGH). Down 40 centsor 1.14 per cent to $34.60. Enghouse Systems Ltd. has signed a deal to buy Qumu Corp., a provider of cloud-based enterprise video technology, for US$18 million. Under the agreement, Enghouse will pay 90 cents US per share in cash for the company. Qumu shares closed at 44 cents US on Friday. Enghouse chairman and CEO Steve Sadler says the combination of Qumu's video creation, management and delivery offerings with Enghouse's video collaboration and streaming products strengthens the position of both companies. The deal, which is subject to customary and other closing conditions, is expected to be close in February 2023.
TC Energy Corp. (TSX:TRP). Down 86 cents, or 1.56 per cent, to $54.31. TC Energy Inc. says upcoming cold weather has the potential to slow the recovery of the oil spilled from its Keystone pipeline leak in Kansas. The company says it has recovered an estimated 7,233 barrels of oil from a creek as of 5 p.m. CT on Sunday. The Keystone pipeline suffered the worst leak in its history when about 14,000 barrels of oil spilled into a creek in Washington County, Kan., on Dec. 7. The company says the affected segment of the pipeline remains isolated as investigation, recovery, repair and remediation efforts continue. TC Energy restarted last week the section of the Keystone pipeline that was unaffected by the leak.
This report by The Canadian Press was first published Sept. 19, 2022.
The Canadian Press
