TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (16,492.17, down 38.87 points).
Bombardier Inc. (TSX:BBD.B). Industrials. Up eight cents, or 3.62 per cent, to $2.29 on 10.2 million shares.
Vermilion Energy Inc. (TSX:VET). Energy. Down $1.78, or 7.33 per cent, to $22.51 on 8.2 million shares.
Hexo Corp. (TSX:HEXO). Health care. Up 48 cents, or 9.16 per cent, to $5.72 on 6.5 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 31 cents, or 0.7 per cent, to $43.93 on 6.1 million shares.
Encana Corp. (TSX:ECA). Energy. Down 12 cents, or 2.17 per cent, to $5.42 on 5.9 million shares.
Aurora Cannabis Inc. (TSX:ACB). Down 24 cents, or 2.84 per cent, to $8.20 on 5.6 million shares.
Companies in the news:
WestJet Airlines. (TSX:WJA). Up three cents at $30.73. WestJet chief executive Ed Sims says the grounding of the Boeing 737 Max is having a “substantial negative impact” on the airline, even as the company reported robust earnings in its first full quarter without the fuel-efficient jetliner and on the cusp of its acquisition by Onex Corp. In a phone interview, Sims said the grounding — now expected to continue at least through November — has forced WestJet to increase spending on fuel and cut its routes. Sims declined to quantify the financial hit, saying he is in discussions with Boeing about the “substantial loss” of WestJet’s 13 Max 8s, which comprise about 10 per cent of the carrier’s seat capacity.
Vermilion Energy Inc. (TSX:VET) — Vermilion Energy Inc. says a refinery outage in France led to a second-quarter oil and gas production decline from the prior quarter, offset by gains in its operations in the United States and Australia. CEO Tony Marino says the Calgary-based company averaged 103,000 barrels of oil equivalent per day, down about 400 boe/d from the prior quarter, as output in France slipped by about 1,300 boe/d or 15 per cent to 9,800 boe/d.
Thomson Reuters Inc. (TSX:TRI). Down $2.85 or 3.1 per cent to $89.89. Shares of Thomson Reuters Inc. are down slightly from last week’s highs amid news that it may sell its stake in Refinitiv to the company that owns the London Stock Exchange. The Toronto-headquartered multinational currently owns 45 per cent of Refinitiv, which was formerly a wholly owned division of Thomson Reuters that collects company information for the investment industry. Thomson Reuters said during the weekend that it would own 15 per cent of the LSE Group PLC under the proposed transaction, which values Refinitiv at US$27 billion including debt.
The Canadian Press