TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (17,779.41, down 126.61 points.)
BlackBerry Ltd. (TSX:BB). Technology. Up 86 cents, or 3.75 per cent, to $23.78 on 22 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 52 cents, or 2.33 per cent, to $21.81 on 10.1 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 4.17 per cent, to 69 cents on 9.8 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 12 cents, or 0.27 per cent, to $44.26 on 8.2 million shares.
Supreme Cannabis Company Inc. (TSX:FIRE). Health care. Down 2.5 cents, or 11.9 per cent, to 18.5 cents on 8.2 million shares.
Score Media and Gaming Inc. (TSX:SCR). Telecommunications. Down 30 cents, or 9.62 per cent, to $2.82 on 8.1 million shares.
Companies in the news:
Canadian National Railway (TSX:CNR). Down $1.32 to $136.27. CN says it will reinstate its guidance for 2021 and increase the company’s dividend by seven per cent after seeing improved demand for freight in the last three months of 2020. The Montreal-based railway says after markets closed that its net income surged 17 per cent in the fourth quarter to $1.02 billion or $1.43 per share. That was up from $873 million or $1.22 per share in the prior year. Adjusted profits for the three months ended Dec. 31 were up 14 per cent to $1.02 billion or $1.43 per share, from $896 million or $1.25 per share in last year’s quarter. Revenue increased two per cent, or $72 million, to $3.66 billion.
Nutrien Ltd. (TSX:NTR). Down 58 cents to $66.90. Canadian fertilizer giant Nutrien Ltd. says it will expand its use of a proximity alarm and contact tracing technology to help protect 14,500 of its employees from the COVID-19 pandemic. The Saskatoon-based company says it has rolled out its Proximity Trace equipment, made by U.S.-based Triax Technologies, to more than 8,000 employees to date and expects to introduce it to 6,500 more in coming months, representing 65 per cent of its global employee base. Proximity Trace tags are attached to workers’ clothing or hard hats and produce an audio and visual alert to those who come within two metres of one another. Nutrien says the sensors also automatically log data to allow contact tracing if a positive case is found, helping limit further spread and reassuring those not at risk.
Metro Inc. (TSX:MRU). Down 74 cents, or 1.3 per cent, to $56.20. Against headwinds from a labour conflict and a mild cold and flu season, grocery and pharmacy retailer Metro Inc. posted higher first-quarter sales and profit on Tuesday compared with a year ago. Although pandemic restrictions limited in-store foot traffic at the company’s supermarkets, same-store food sales climbed 10 per cent as shoppers bought more groceries with each visit or online order, the company said. But pharmacy same-store sales edged up only slightly, dragged down by a 3.8 per cent drop in front-store sales as COVID-19 measures reduced in-store traffic as well as demand for cough and cold products. The quarter was also impacted by a labour conflict at a Jean Coutu distribution centre in Quebec, which the company said had a dampening effect on overall sales.
Enerplus Corp. (TSX:ERF). Down 13 cents, or three per cent, to $4.15. Enerplus Corp. is increasing its bets on the Bakken light oil region in North Dakota with the purchase of a private rival for US$465 million, despite a legal fight that could shut down a major oil pipeline there. The Calgary-based company said Tuesday it has agreed to buy Bruin E&P HoldCo, LLC, which has current production of about 24,000 barrels of oil equivalent per day. The company did not immediately respond to a request for comment about a federal appeal court decision Tuesday to uphold the ruling of a district judge who last year ordered a full environmental impact review of the Dakota Access oil pipeline. Following a complaint by the Standing Rock Sioux Tribe, the district judge ruled last spring that the review conducted by the U.S. Army Corps of Engineers on the 1,886-kilometre pipeline that straddles the North Dakota-South Dakota border was incomplete.
This report by The Canadian Press was first published Jan. 26, 2021.
The Canadian Press