Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (13,399.97, up 119.58 points):
Telesta Therapeutics Inc. (TSX:TST). Health-care. Down 39.5 cents, or 50 per cent, to 39.5 cents on 15.1 million shares.
GeneNews Ltd. (TSX:GEN). Health-care. Down half-a-cent, or 25 per cent, to 1.5 cents on 7.5 million shares.
Suncor Energy Inc. (TSX:SU). Oil and gas. Down $1.09, or 2.83 per cent, to $37.48 on 6.7 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 3.23 per cent, to $1.28 on 4.9 million shares.
Whitecap Resources Inc. (TSX:WCP). Oil and gas. Up 48 cents, or 4.21 per cent, to $11.87 on 4.9 million shares.
Teck Resources Ltd. (TSX:TCK.B). Miner. Up six cents, or 0.96 per cent, to $6.29 on 4.8 million shares. Teck is cutting 1,000 jobs around the world through a combination of layoffs and attrition as part of a plan to reduce spending next year by $650 million. The Vancouver-based company said the cuts will include senior management and brings total workforce reductions over the last 18 months to about 2,000.
Companies reporting major news:
Canadian Pacific Railway (TSX:CP). Transportation. Up $10.26, or 5.56 per cent, to $194.94 on 983,710 shares. CP’s dream of creating North America’s largest railway faces a long and uncertain future following Norfolk Southern’s cool initial response to the Calgary company’s US$28-billion takeover proposal. The deal would see the merged company oversee about 53,000 kilometres of track stretching from the Pacific to the Atlantic Ocean and down to the Gulf of Mexico.