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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,102.33, up 70.69 points.) Tetra Bio-Pharma Inc. (TSX:TBP). Health care. Up seven cents, or 26.92 per cent, to 33 cents on 14.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:

Toronto Stock Exchange (19,102.33, up 70.69 points.)

Tetra Bio-Pharma Inc. (TSX:TBP). Health care. Up seven cents, or 26.92 per cent, to 33 cents on 14.9 million shares.

Enbridge Inc. (TSX:ENB). Energy. Down four cents, or 0.09 per cent, to $46.26 on 8.4 million shares.

Suncor Energy Inc. (TSX:SU). Energy. Up 22 cents, or 0.88 per cent, to $25.37 on 7.6 million shares. 

Manulife Financial Corp. (TSX:MFC). Financials. Up 30 cents, or 1.14 per cent, to $26.60 on 6.2 million shares.

Toronto-Dominion Bank. (TSX:TD). Financials. Up $1.46, or 1.76 per cent, to $84.21 on 5.6 million shares.

Bank of Nova Scotia. (TSX:BNS). Financials. Up 49 cents, or 0.63 per cent, to $78.00 on 4.8 million shares.

Companies in the news: 

Canadian Pacific Railway Ltd. (TSX:CP). Up $2.98 to $461.94. Railroad shippers have a much more negative view of a bid by Canadian National Railway Co. to take over the Kansas City Southern railroad than a competing offer by Canadian Pacific Railway Ltd., according to a "snap survey" published by a U.S. financial analyst on Friday. The Cowen survey of more than 100 shippers over a 24-hour period showed that 25 per cent had a positive view of the CN transaction, while 45 per cent had a negative view and 30 per cent had no opinion, the report noted. It said a similar prior survey found that 44 per cent had a positive view of the CP-KCS deal and 18 per cent had a negative view. The shippers in the latest survey voted 36 per cent in favour of CP as their preferred winner of the battle for KCS but almost as many, 34 per cent, said the best option would be for KCS to continue as an independent. Only 16 per cent wanted CN to succeed. The report arrives as a war of words continues to play out between Montreal-based CN, which on Tuesday announced a cash-and-stock bid valued at US$33.7 billion for Kansas City, Mo.-based KCS, and Calgary-based CP Rail, which made a bid valued at US$25 billion last month.

Sun Life Financial Inc. (TSX:SLF). Up 82 cents, or 1.3 per cent, to $66.27. Sun Life Financial Inc. has signed a deal to buy U.S. company Pinnacle Care International Inc. for $108 million. PinnacleCare helps people access an initial or second medical opinion to make treatment decisions for complicated diagnoses. The company is based in Maryland and has more than 170 employees. Sun Life says PinnacleCare will become part of its U.S. stop-loss and health business. The insurer says PinnacleCare's services are currently available to more than two million people and it will look to grow that through its distribution network and employer relationships. The deal is expected to close later this year, subject to customary closing conditions and regulatory approval.

This report by The Canadian Press was first published April 23, 2021.

The Canadian Press