TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,547.76, up 70.50 points.)
Kinross Gold Corp. (TSX:K). Materials. Down one cent, or 0.13 per cent, to $7.51 on 6.9 million shares.
Inter Pipeline Ltd. (TSX:IPL). Energy. Up two cents, or 0.1 per cent, to $20.08 on 6.8 million shares.
Bombardier Inc. (TSX:BBD.B) Industrials. Up six cents, or 3.64 per cent, to $1.71 on six million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 39 cents, or 1.68 per cent, to $23.55 on 5.4 million shares.
BlackBerry Ltd. (TSX:BB). Technology. Up $1.15, or 8.95 per cent, to $14 on 4.9 per cent.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 41 cents, or 4.08 per cent, to $10.45 on 4.4 million shares.
Companies in the news:
BMO Financial Group. (TSX:BMO). Up $2.15 or 1.67 per cent to $130.87. BMO Financial Group topped expectations as it reported a third-quarter profit of nearly $2.28 billion, up from a profit of $1.23 billion a year ago. The bank says it earned $3.41 per diluted share for the quarter that ended July 31, up from $1.81 per diluted share in the same quarter last year. Revenue totalled $7.56 billion, up from $7.19 billion. The result came as BMO posted a recovery of credit losses of $70 million for the quarter, compared with a provision for credit losses of $1.05 billion a year ago. On an adjusted basis, BMO says it earned $3.44 per diluted share in its latest quarter, up from an adjusted profit of $1.85 per diluted share in the same quarter last year. Analysts on average had expected an adjusted profit of $2.94 per share, according to financial market data firm Refinitiv.
Bank of Nova Scotia. (TSX:BNS). Down 63 cents or 0.79 per cent to $79.60. Scotiabank beat expectations as it reported a third-quarter profit of $2.54 billion, up from $1.30 billion in the same quarter last year. The bank says the profit amounted to $1.99 per diluted share for the quarter ended July 31, up from $1.04 per diluted share a year ago. Revenue totalled $7.76 billion, up from $7.73 billion in the same quarter last year. Provisions for credit losses fell to $380 million in what was the bank’s third quarter compared with $2.18 billion a year ago and $496 million in the second quarter. On an adjusted basis, Scotiabank says it earned $2.01 per diluted share, up from an adjusted profit of $1.04 per diluted share in the same quarter last year.
This report by The Canadian Press was first published Aug. 24, 2021.
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