TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,022.86, down 40.31 points.)
Athabasca Oil Corp. (TSX:ATH). Energy. Down six cents, or 2.7 per cent, to $2.13 on 16 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down 19 cents, or 0.8 per cent, to $23.34 on six million shares.
Canadian Natural Resources (TSX:CNQ). Energy. Down 79 cents, or 1.2 per cent, to $63.94 on 5.9 million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Down 28 cents, or three per cent, to $9.15 on 5.3 million shares.
First Quantum Minerals Ltd. (TSX:FM). Materials. Down $1.71, or 6.4 per cent, to $25.00 on 5.1 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Down 88 cents, or two per cent, to $42.43 on 4.7 million shares.
Companies in the news:
Rogers Communications Inc. (TSX:RCI.B). Down 73 cents or 1.2 per cent to $61.54. Canadians woke up Friday morning to a widespread network outage at Rogers Communications Inc. that left many customers without mobile and internet service and caused trouble for 911 services, debit transactions and even Service Canada's beleaguered passport offices. A notice on the Toronto-based telecommunications company's website said the outage was impacting both its wireless and home service customers and is also affecting phone and chat support. The company offered no explanation for the outage, its expected length and how many customers were impacted or their whereabouts. For the bulk of Friday morning and into the afternoon, businesses and organizations notified customers that their operations were being impacted by Rogers and delays and service interruptions should be expected. Many retailers and businesses were also facing trouble when trying to accept payments because Interac, which processes electronic financial transactions, said its online and checkout debit offerings and e-transfer services were impacted. Among the most serious impacts of the outage were warnings from police in Toronto and Ottawa, who reported connection problems when Canadians called 911.
MTY Food Group Inc. (TSX:MTY). Down $2.04 or 3.7 per cent to $53.15. Canadian restaurant franchisor and operator MTY Food Group Inc. is seeing a rebound in sales and traffic even as it grapples with inflation, supply chain snags and ongoing labour shortages. The Montreal-based company said Friday sales are back to pre-pandemic levels for most of its brands as restrictions are lifted and economies reopen from COVID-19 shutdowns. Yet Eric Lefebvre, chief executive of MTY, said a worker shortage is forcing some of its restaurants to curtail operating hours. His comments came as the company reported its second-quarter profit and revenue rose compared with a year ago, helped by a lifting of pandemic restrictions in Canada. The restaurant franchisor and operator said its net income attributable to owners totalled $28.6 million or $1.17 per diluted share for the quarter ended May 31. The result compared with a profit of $23 million or 93 cents per diluted share in the same quarter last year. Revenue for the quarter totalled $162.5 million, up from $135.9 million a year earlier.
This report by The Canadian Press was first published July 8, 2022.
The Canadian Press
