TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,366.72, down 73.15):
Cenovus Energy Inc. (TSX:CVE). Energy. Down 86 cents, or 3.71 per cent, to $22.32 on 9.7 million shares.
Royal Bank of Canada. (TSX:RY). Financials. Up 47 cents, or 0.36 per cent, to $132.23 on 8.5 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.89 per cent, to $39.94 on 7.4 million shares.
Manulife Financial Corporation. (TSX:MFC). Financials. Up six cents, or 0.23 per cent, to $25.90 on 6.9 million shares.
Athabasca Oil Corporation. (TSX:ATH). Energy. Down seven cents, or 2.11 per cent, to $3.25 on 5.5 million shares.
TC Energy Corporation. (TSX:TRP). Energy. Down 52 cents, or 0.94 per cent, to $54.99 on 5.5 million shares.
Companies in the news:
Canadian Pacific Kansas City Limited (TSX:CP). Industrials. Down $2.41, or 2.23 per cent, to $105.71. Canadian Pacific Kansas City says its net income for the first quarter of 2023 was $800 million, up more than 35 per cent from $590 million a year earlier. The Calgary-based railway company says diluted earnings per share were 86 cents, up more than 36 per cent from 63 cents the same quarter last year.
Teck Resources Ltd (TSX:TECK.B). Basic Materials. Up $2.39, or 4.05 per cent, to $61.35. Teck Resources Ltd.'s move to cancel a key shareholder vote on its plan to separate its businesses may be seen as a win for Glencore in its ongoing campaign to acquire the Vancouver-based mining company. But Teck is standing by its assertion that the offer by the Swiss commodities giant remains a "non-starter," and Teck CEO Jonathan Price indicated Wednesday the company may be receptive to other suitors.
Rogers Communications Inc. (TSX:RCI.B). Basic Materials. Up $1.73, or 2.68 per cent, to $66.37. Rogers Communications Inc. is partnering with SpaceX and Lynk Global to deliver satellite-to-phone connectivity across Canada and bolster coverage in remote regions. The Toronto-based company announced at its annual general meeting on Wednesday the moves are aimed at widening coverage for Rogers customers in areas that aren’t served by traditional wireless networks.
This report by The Canadian Press was first published April 26,2023.
The Canadian Press
