Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,939.04, up 91.12 points):
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Down 40 cents, or 5.54 per cent, to $6.82 on 5.6 million shares.
Spartan Energy Corp. (TSX:SPE). Oil and gas. Down six cents, or 1.71 per cent, to $3.44 on 5.5 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down 20 cents, or 1.34 per cent, to $14.75 on 5.4 million shares.
Concordia International Corp. (TSX:CXR). Health-care. Up 73 cents, or 13.90 per cent, to $5.98 on 5.3 million shares. Concordia International says CEO Mark Thompson will step down following the appointment of a successor. Thompson founded the company in December 2012.
Precision Drilling Corp. (TSX:PD). Oil and gas. Up 25 cents, or 4.07 per cent, to $6.40 on 4.8 million shares. Precision Drilling had a $47 million net loss for the third quarter as revenue declined 45 per cent from last year. The loss amounted to 16 cents per share, which was an improvement from the Calgary-based drilling company’s 2015 third quarter loss of $87 million or 30 cents per share.
Yamana Gold Inc. (TSX:YRI). Miner. Down six cents, or 1.17 per cent, to $5.08 on four million shares.
Companies reporting major news:
Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down two cents, or 1.12 per cent, to $1.76 on 3.2 million shares. Bombardier said Friday it plans to eliminate 7,500 positions — more than 10 per cent of its global workforce — through the end of 2018, the company’s second mass round of layoffs in less than a year. About 2,000 positions will be cut across Canada, including 1,500 in Quebec, the Montreal-based aerospace giant said Friday. Two-thirds of all the job losses will come from Bombardier’s transportation division mainly in Europe, with the rest from its aerospace operations.