TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,329.73, down 36.12 points.)
Cenovus Energy Inc. (TSX:CVE). Energy. Down 73 cents or 6.93 per cent, to $9.80 on 7.1 million shares.
Enbridge Inc. (TSX:ENB). Energy. Down 29 cents or 0.58 per cent, to $49.16 on 6.9 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Down 36 cents or 7.5 per cent, to $4.45 on 5.9 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 83 cents or 3.35 per cent, to $23.92 on nearly 5.6 million shares.
Bombardier Inc. (TSX:BBD.B) Industrials. Up three cents or 2.04 per cent, to $1.50 on 5.5 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 11 cents or 0.46 per cent, to $24.12 on 5.1 million shares.
Companies in the news:
Great-West Lifeco Inc. (TSX:GWO). Up 28 cents or 0.74 per cent to $38. Great-West Lifeco Inc. says its net profit decreased 9.2 per cent in its latest quarter compared with a year earlier when it benefited from a bounce back from COVID-19 pandemic related shocks in the prior quarter. The Winnipeg-based insurer says its net income attributable to shareholders was $784 million or 84 cents per diluted share, down from $863 million or 93 cents per share a year earlier. Excluding one-time items, "base" earnings were $826 million or 89 cents per share, up 17 per cent from $706 million or 76 cents per share in the second quarter of 2020. The increase was due to the $63-million contribution from Massachusetts Mutual Life Insurance Company acquired in December, higher equity markets and favourable morbidity experience in Europe and Canada. Great-West was expected to report 79 cents per share in base earnings, according to financial data firm Refinitiv. Canada was the biggest contributor to base earnings at $293 million, but that was down seven per cent from the prior year. U.S. earnings more than doubled to $190 million while Europe rose 2.8 per cent to $184 million.
This report by The Canadian Press was first published Aug. 4, 2021.
The Canadian Press