TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,985.35, up 10.43 points.)
Suncor Energy Inc. (TSX:SU). Energy. Up $1.58, or 3.69 per cent, to $44.43 on 17.5 million shares.
Athabasca Oil Corp. (TSX:ATH). Energy. Up 11 cents, or 4.42 per cent, to $2.60 on 14.7 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Up 13 cents, or 0.56 per cent, to $23.28 on 14.7 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Down 12 cents, or 0.57 per cent, to $20.99 on 9.7 million shares.
Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.34, or 1.88 per cent, to $72.67 on seven million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Up 41 cents, or 4.15 per cent, to $10.29 on 6.6 million shares.
Companies in the news:
Canada Goose Holdings Inc. (TSX:GOOS). Down 16 cents, or 0.64 per cent, to $24.76. Canada Goose Holdings Inc. has named Larry Li to head its business in China. Li will oversee all of the luxury parka maker's business in the Chinese market and report to Paul Cadman, Canada Goose's president of Asia Pacific. He was most recently managing director, China, at Dunhill, part of the Richemont Group. Li has also worked at LVMH Group and for brands such as Louis Vuitton, Givenchy and Kenzo in Shanghai and Tokyo. Canada Goose chairman and CEO Dani Reiss says Li's luxury expertise in China makes him uniquely suited to lead the local team, drive the business forward and seize the strategic opportunities that the company sees ahead.
Brookfield Infrastructure Partners LP (TSX:BIP.UN). Up 37 cents, or 0.67 per cent, to $55.62. Brookfield Infrastructure Partners LP has signed a deal with Intel Corp. to help build a semiconductor fabrication facility in Chandler, Ariz. Under the agreement, Brookfield Infrastructure will invest up to US$15 billion for a 49 per cent stake in Intel’s manufacturing expansion at its Ocotillo campus. Intel will hold the remaining 51 per cent. The deal follows a memorandum of understanding between Brookfield and Intel signed earlier this year to explore project finance options. The transaction is expected to close by the end of the year, subject to customary closing conditions.
Canopy Growth Corp. (TSX:WEED). Up 16 cents, or 3.74 per cent, to $4.44. Canopy Growth Corp. and its U.S. subsidiary have settled a trademark violations lawsuit orange liqueur company Cointreau Corp. was pursuing against the cannabis firms. A recent New York court filing shows all parties voluntarily agreed to dismiss the case in June and cover their own legal costs stemming from the matter. The filing did not disclose the terms of the settlement and while Canopy confirmed the settlement, it would not share the terms. Cointreau did not immediately respond to a request for comment. The companies have been arguing over trademarks since last year, when Cointreau accused Canopy of naming its line of sparkling cannabidiol beverages Quatreau to confuse consumers with the similar names.
This report by The Canadian Press was first publishedAug. 23, 2022.
The Canadian Press
