Toronto Stock Exchange (15,202.09, up 14.38 points):
Canadian Natural Resources Ltd. (TSX:CNQ). Oil and gas. Down $1.03, or 2.23 per cent, to $44.82 on 5.8 million shares. The company reported that its second-quarter net earnings doubled to $1.07 billion and said that it's seeking approval to resume extraction from an oilsands property that's under investigation due to leaks.
Air Canada (TSX:AC.B). Airline. Down 76 cents, or 8.21 per cent, to $8.50 on 5.2 million shares. The company says quarterly net income grew to $223 million, or 75 cents per share, compared to a loss of $23 million, or nine cents per share, a year ago. Operating revenues grew to $3.3 billion from $3.06 billion.
Manulife Financial Corp. (TSX:MFC). Life insurance. Down 27 cents, or 1.23 per cent, to $21.70 on 4.9 million shares. The insurance company is raising its dividend for the first time in five years after it more than tripled profits in the second quarter. The company reported that net income attributed to shareholders increased to $943 million, or 49 cents per share, as the growth of its insurance operations in Asia continued to escalate and its North American mutual fund business improved. A year ago, the insurance company reported net income of $259 million or 12 cents per share.
Semafo Inc. (TSX:SMF). Miner. Up 47 cents, or 9.73 per cent, to $5.30 on 4.8 million shares.
BlackPearl Resources Inc. (TSX:PXX). Oil and gas. Up two cents, or 0.94 per cent, to $2.14 on 4.4 million shares.
Redknee Solutions Inc. (TSX:RKN). Application software. Down 68 cents, or 14.53 per cent, to $4.00 on 4 million shares.
Companies reporting major news:
BCE Inc. (TSX:BCE). Communication services. Down 31 cents, or 0.63 per cent, to $48.57 on 3.2 million shares. Profits grew 6.1 per cent in the second quarter to $606 million, or 78 cents per share. Adjusted earnings grew to 82 cents per share from 77 cents, a cent short of estimates. Operating revenues increased 4.4 per cent to $5.22 billion.
Canadian Tire Corp. (TSX:CTC.A). Retail. Up $2.73, or 2.61 per cent, to $107.26 on 1 million shares. The company posted second-quarter net income of $178.9 million, or $2.12 per share, compared to $154.9 million or $1.91 a year earlier and above the consensus estimate of $2.02. Revenue increased to $3.17 billion from $3.02 billion.