TORONTO – Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,457.72, up 172.72 points):
Bombardier Inc. (TSX:BBD.B). Transportation. Up 14 cents, or 3.51 per cent, to $4.13 on 17.5 million shares.
Romarco Minerals Inc. (TSX:R). Miner. Down one cent, or 1.85 per cent, to 53 cents on 5.6 million shares.
Surge Energy Inc. (TSX:SGY). Oil and gas. Down four cents, or 1.31 per cent, to $3.02 on 5.3 million shares.
Canadian Oil Sands Ltd. (TSX:COS). Oil and gas. Down five cents, or 0.63 per cent, to $7.94 on 4.5 million shares.
ARC Resources Ltd. (TSX:ARX). Oil and gas. Dow $1.04, or 4.46 per cent, to $22.30 on 4.1 million shares.
Bankers Petroleum Ltd. (TSX:BNK). Oil and gas. Up three cents, or 1.16 per cent, to $2.61 on 4.01 million shares.
Companies reporting major news:
Jean Coutu Group Inc. (TSX:PJC.A). Drug store chain. Down $1.55, or 5.66 per cent, to $25.83 on 509,980 shares. The Quebec-based company says its third-quarter net income was $56 million, down from $62.5 million in the same-year-earlier period, while net profit per share was flat at 30 cents. Revenue for the quarter was $736.7 million, up from $712.5 million a year earlier.
Postmedia Network Canada Corp. (TSX:PNC.B, PNC.A). Media. Unchanged at $1.88. The company posted a first-quarter loss of $10.3 million, or 26 cents per share. That compares with a loss of $11.8 million, or 29 cents per share, a year earlier. Overall revenue dropped 12.6 per cent to $169.5 million — mostly because of weaker print advertising sales, which plummeted 20 per cent to $93.1 million.
Valeant Pharmaceuticals International Inc. (TSX:VRX). Drugs, health-care products. Up $10.64, or 6.2 per cent, to $182.28 on 605,472 shares. The company now estimates 2015 cash earnings per share of between US$10.10 and US$10.40, up from an estimated US$8.32 in 2014. Cash flow from operations are expected to top US$3.1 billion compared with about US$2.5 billion in 2014. Analysts had estimated 2015 revenue of about US$9.1 billion and US$10.06 per share in earnings.