TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,444.22, up 2.38 points)
Kinross Gold Corp. (TSX:K). Materials. Up 27 cents, or 5.48 per cent, to $5.20 on 10.4 million shares.
Barrick Gold Corp. (TSX:ABX). Materials. Up 73 cents, or 3.53 per cent, to $21.41, on 8.2 million shares.
Yamana Gold Inc. (TSX:YRI). Materials. Up five cents, or 0.81 per cent, to $6.25 on 7.4 million shares.
TD Bank (TSX:TD). Financials. Down 24 cents, or 0.28 per cent, to $84.72 on 7.1 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up nine cents, or 0.23 per cent, to $38.90 on 6.5 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Down 12 cents, or 0.56 per cent, to $21.22 on 5.7 million shares.
Companies in the news:
Algonquin Power & Utilities Corp. (TSX:AQN). Down seven cents, or 0.46 per cent, to $15.09. The company says it has signed a revised deal that cuts the price it will pay for Kentucky Power Co. and AEP Kentucky Transmission Co. Inc. by US$200 million. Under the new agreement, AQN says it will pay US$2.646 billion, including the assumption of US$1.221 billion in debt. The Canadian power utility had agreed last year to a purchase price of US$2.846 billion, including the assumption of US$1.221 billion in debt. AQN chief executive Arun Banskota said the deal will add to the company's regulated footprint in the United States.
Lululemon Athletica Canada Inc., which trades on the Nasdaq, reached a settlement with Peloton Interactive Inc. over allegations the exercise equipment maker copied several of the apparel company's designs. A notice of voluntary dismissal filed in a California court on Friday said the companies negotiated a "mutually agreeable settlement" of the trademark dispute. In a joint statement, Lululemon and Peloton said they are "pleased the matters could be resolved amicably, resulting in dismissal of the pending litigation" between them. "Without admissions of any kind, in an effort to resolve the dispute, Peloton has agreed to phase out certain designs identified in the complaint by lululemon," the statement said.
This report by The Canadian Press was first published Sept. 30, 2022.
The Canadian Press