Toronto Stock Exchange :Baytex Energy Corp. . Energy. Down 38 cents, or 6.46 per cent, to $5.50 on 9.3 million shares.Manulife Financial Corp. . Finance. Down 24 cents, or 0.95 per cent, to $25.15 on 8.7 million shares.Royal Bank of Canada. . Finance. Down 44 cents, or 0.38 per cent, to $115.78 on 8.3 million shares.MEG Energy Corp. . Energy. Down 82 cents, or 3.08 per cent, to $25.85.
Cargojet Inc. . Transportation. Down $1.65, or 1.92 per cent, to $84.29. The slide in consumer spending has squeezed Cargojet Inc.'s bottom line, its CEO said, as Canadians shell out less on goods that land on shelves and doorsteps after a trip by air freighter. The Mississauga, Ont.-based company, which provides time-sensitive overnight air freight services and aircraft leases, reported a third-quarter profit of $10.5 million in the quarter ended Sept. 30, down from $83.
TransAlta Corp. . Utilities. Up 27 cents, or 2.54 per cent, to $10.92. TransAlta Corp. reported its third-quarter profit rose compared with a year ago as its power production and revenue also came in higher. TransAlta chief executive John Kousinioris said the third-quarter results demonstrate the value of the company's strategically diversified fleet, which benefited from its asset optimization and hedging activities.
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