TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,548.26, up 157.83 points):
Romarco Minerals Inc. (TSX:R). Miner. Down three cents, or 5.26 per cent, to 54 cents on 7.9 million shares.
Yamana Gold Inc. (TSX:YRI). Miner. Down 33 cents, or 7.67 per cent, to $3.97 on 5.5 million shares.
Spartan Energy Corp. (TSX:SPE). Oil and gas. Up four cents, or 1.40 per cent, to $2.89 on 5.4 million shares.
Eldorado Gold Corp. (TSX:ELD). Miner. Down 13 cents, or 2.23 per cent, to $5.70 on 5.4 million shares.
Bombardier Inc. (TSX:BBD.B). Aerospace. Up five cents, or 1.33 per cent, to $3.80 on 4.8 million shares.
Delphi Energy Corp. (TSX:DEE). Oil and gas. Up one cent, or 0.52 per cent, to $1.93 on 4.7 million shares.
Companies reporting major news:
Magna International Inc. (TSX:MG). Automotive. Up $6.37, or 5.76 per cent, to $116.97 on 1.1 million shares. The auto parts maker said its third-quarter profit increased as the auto industry saw production grow in North America and Europe. It’s profit amounted to US$470 million or $2.19 per diluted share, up from $319 million or $1.39 per diluted share a year ago.
Tim Hortons Inc. (TSX:THI). Up 55 cents, or 0.60 per cent, to $92.39 on 649,340 shares. The iconic coffee chain earned $98.1 million or 74 cents per share in the third quarter, down from $113.9 million or 75 cents per share a year ago. Total revenue amounted to $909.2 million, up from $825.4 million. The company is in the midst of being taken over by American fast food giant Burger King.
Torstar Corp. (TSX:TS.B). Media. Down one cent, or 0.15 per cent, to $6.74 on 95,502 shares. Torstar says it plans to tear down the digital paywall at the country’s largest newspaper, the Toronto Star, as it focuses on developing a free new tablet app to be launched next year.
TransCanada Corp. (TSX:TRP). Oil and gas. Up $1.67, or 3.03 per cent, to $56.86 on 1.9 million shares. The company hopes that a Republican win in the U.S. midterm election might mean approval for its Keystone XL pipeline in the U.S. The price tag for the controversial Keystone XL pipeline has risen by about half to US$8 billion as the U.S. regulatory process drags into its seventh year.