Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (15,399.93, down 275.35 points)
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.78 on 14.5 million shares.
Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 45 cents, or 4.46 per cent, to $9.63 on 11.2 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Down 15 cents, or 11.11 per cent, to $1.20 on 7.6 million shares.
Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 64 cents, or 5.56 per cent, to $10.88 on 7.5 million shares. The Calgary-based company said Thursday it has been running its oilsands operations at reduced production rates and storing excess barrels due to wider-than-normal light-heavy oil price differentials and pipeline capacity constraints. Cenovus has been operating its Christina Lake and Foster Creek facilities at reduced production levels since February, CEO Alex Pourbaix said in a statement.
Aphria Inc. (TSX:APH). Healthcare. Down 43 cents, or 3.10 per cent, to $13.42 on 5.8 million shares.
Trican Well Service Ltd. (TSX:TCW). Oil and gas. Down 21 cents, or 6.23 per cent, to $3.16 on 5.3 million shares.
Companies reporting major news:
Canadian National Railway (TSX:CNR). Transportation. Down $2.05, or 2.16 per cent, to $92.93 on 1.5 million shares. CN and the Teamsters Canada Rail Conference say they have reached a tentative agreement to renew the labour contract for about 1,700 CN locomotive engineers in Canada. They say they’re not releasing details of the agreement until it’s ratified by members
Dorel Industries Inc. (TSX:DII.B). Manufacturing. Down 37 cents, or 1.19 per cent, to $30.66 on 13,182 shares. The Quebec-based manufacturer has incurred a US$3.8-million bad debt expense because of Toys “R” Us winding down its U.S. business and liquidating its inventory. Dorel, which reports its earnings in U.S. dollars, is also reporting a reduction of about US$3.1 million in net income for both its fourth quarter and year-end financials and it raked in US$13.4 million in revenue from sales to Toys “R” Us’s U.S. business in its first quarter.