Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (12,797.79, up 44.19 points):
Goldcorp Inc. (TSX:G). Miner. Down $2.81, or 13.05 per cent, to $18.73 on 15.5 million shares. Goldcorp slashed its dividend by two-thirds after reporting a US$4.3-billion net loss in the fourth quarter. The Vancouver-based miner booked a US$3.9-billion impairment in the quarter, largely due to 15 per cent downward revision of its long-term gold price outlook to US$1,100 an ounce.
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down two cents, or 1.85 per cent, to $1.06 on 14.4 million shares. A move by Republic Airways to file for bankruptcy protection has cast into doubt the U.S.-based airline’s firm order for 40 of Bombardier’s new CSeries jetliners, along with a conditional order for 40 others.
Encana Corp. (TSX:ECA). Oil and gas. Up 24 cents, or 4.72 per cent, to $5.32 on 9.1 million shares.
First Quantum Minerals Ltd. (TSX:FM). Miner. Up 26 cents, or 5.65 per cent, to $4.86 on 7.8 million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 11 cents, or 3.81 per cent, to $3 on 7.6 million shares.
Kinross Gold Corp. (TSX:K). Miner. Down 13 cents, or 3.22 per cent, to $3.91 on 7.2 million shares.
Companies reporting major news:
Magna International (TSX:MG). Auto parts. Up $3.51, or 7.30 per cent, to $51.62 on 1.6 million shares. Magna, which reports in U.S. dollars, reported full-year sales for 2015 were US$32.1 billion, down from $34.4 billion in 2014. The Canadian autoparts giant blamed the impact of foreign currency translations for shaving US$3.35 billion from revenue. Without that, last year’s sales would have been up three per cent from 2014, it said.