BUSINESS

Most actively traded companies on the TSX

10/17/2014 04:51 EDT | Updated 12/17/2014 05:59 EST
TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange:

Toronto Stock Exchange (14,469.00, down 74.82 points):

Ram Power, Corp. (TSX:RPG). Utilities. Unchanged at 1.5 cents on 10.7 million shares.

Bombardier Inc. (TSX:BBD.B). Aerospace. Up six cents, or 1.57 per cent, to $3.89 on 7.2 million shares.

Precision Drilling Corp. (TSX:PD). Oil and gas. Down 82 cents, or 8.24 per cent, to $9.13 on 3.9 million shares. The company announced it was increasing its dividend by 17 per cent to seven cents a share after posting net income of $53 million or 18 cents a share, up 82 per cent from a year earlier as revenue rose 19.7 per cent to $584.6 million. Both revenue and net income were in line with analyst expectations.

Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down 99 cents, or 2.54 per cent, to $37.95 on 3.7 million shares.

Encana Corp. (TSX:ECA). Oil and gas. Down 60 cents, or 2.91 per cent, to $20.03 on 3.3 million shares.

Suncor Energy Inc. (TSX:SU). Oil and gas. Down 72 cents, or 1.85 per cent, to $38.15 on 3 million shares.

Companies reporting major news:

Contrans Group Inc. (TSX:CSS). Transportation. Down one cent, or 0.07 per cent, to$14.92 on 108,228 shares. The trucking services company reported a third-quarter profit of $8.1 million, down from $9.6 million a year ago, due in large part to the sale of its garbage collection business. The company, which agreed in July to be bought by Montreal-based TransForce Inc. (TSX:TFI), said the profit amounted to 24 cents per share for the quarter ended Sept. 30 compared with 28 cents per share year ago.

Valeant Pharmaceuticals (TSX:VRX). Pharmaceuticals, health-care products. Up $1.63, or 1.12 per cent, to $146.84 on 402,612 shares. The company says that it's prepared to raise its takeover offer for California-based Botox maker Allergan to US$200 a share. That would be about US$21 per share higher than the value of Valeant's offer as of Friday. However, Valeant didn't spell out what sort of combination of stock and cash it is prepared to offer.