TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:
Toronto Stock Exchange (20,437.12, up 20.81 points.)
Enbridge Inc. (TSX:ENB). Energy. Up 51 cents, or 0.99 per cent, to $52.10 on 12.5 million shares.
Canadian Natural Resources (TSX:CNQ). Energy. Up 31 cents, or 0.63 per cent, to $49.93, on 10.8 million shares.
The Toronto-Dominion Bank (TSX:TD). Financials. Down 60 cents, or 0.7 per cent, to $85.69 on 10.5 million shares.
Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 0.49 per cent, to $2.04 on 9.7 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 37 cents, or 1.28 per cent, to $29.18 on nine million shares.
Fission Uranium Corp. (TSX:FCU). Energy. Up 25 cents, or 30.86 per cent, to $1.06 on 8.6 million shares.
Companies in the news:
Dorel Industries Inc. (TSX:DII.B). Up $10.67 or 102.4 per cent to $21.09. Dorel Industries Inc. shares more than doubled Tuesday after it announced a deal to sell its Dorel Sports bicycle segment that makes brands such as Cannondale, Mongoose and Schwinn to Dutch mobility group Pon Holdings B.V. for US$810 million. Dorel says it will use the proceeds of the sale to reduce debt, return capital to shareholders and for general corporate purposes. The transaction will consist of the sale of 100 per cent of the shares of Dorel's wholly owned subsidiary companies comprising Dorel Sports, which it has owned since 2004, as well as certain related assets. The company’s move comes after a “deep” strategic review that began earlier this year. Dorel said the transaction would allow it to focus on growing the businesses of its two remaining divisions, furniture and juvenile products. These activities face some challenges related to inflation and pressures on supply chains. Management clarified that the remaining two divisions are not for sale.
Unither Bioélectronique — University Health Network and Unither Bioélectronique say they have completed the world’s first lung transplant delivered by an unmanned drone. The Toronto health-care group and Bromont, Que., bioengineering company say the drone carrying lungs travelled from Toronto Western Hospital to Toronto General Hospital on Sept. 25. The journey lasted six minutes and was completed around 1 a.m. local time. UHN surgeon-in-chief Dr. Shaf Keshavjee says the recipient was a male engineer with an interest in drones and his transplant went well. Unither Bioélectronique chose Toronto General Hospital to be part of the historic moment because it completed the world’s first lung transplant in 1983 and the first double lung transplant in 1986. The lung delivery comes as tech companies are racing to courier organs by drone after some U.S. firms made successful flights with kidneys, corneas and a pancreas.
This report by The Canadian Press was first published Oct. 12, 2021.
The Canadian Press