Winnipeg Free Press Newspaper Archives Apr 17 2015, Page 31

Winnipeg Free Press (Newspaper) - April 17, 2015, Winnipeg, Manitoba C M Y K PAGE B7 S & P / T S X TSX VENTURE D O W J O N E S N A S D A Q C A N A D I A N S T O C K S FPMARKETS TSX CLOSES IN THE RED 15,386.77 - 64.10 - 0.41% 705.59 + 0.34 + 0.05% 18,105.77 - 6.84 - 0.04% 5,007.79 - 3.23 - 0.06% B Y A L E X A N D R A P O S A D Z K I T O R O N T O • The Toronto stock market closed in the red Thursday even as oil prices continued their recent advance and the financial sector rebounded from earlier losses to reach positive territory. The S& P/ TSX composite was down 64.10 points at 15,386.77 after rising nearly 62 points on Wednesday. Meanwhile, the loonie extended its gains for a third day, rising 0.80 of a U. S. cent to 82.10 cents. On Wall Street, markets were relatively flat after a recent spate of uninspiring economic reports. For instance, the number of Americans who applied for unemployment support last week rose for the second consecutive week. The Dow Jones industrial average was down 6.84 points at 18,105.77, while the Nasdaq fell 3.23 points to 5,007.79 and the S& P 500 slipped 1.64 points to 2,104.99. Although analysts have been anticipating a rough earnings season, with the strong U. S. dollar expected to hurt profits at large, multinational companies, most of the earnings reports that have come in so far have beat analyst expectations. On the commodity markets, the May crude contract rose 32 cents to US$ 56.71 a barrel, while the June gold contract dipped $ 3.50 to US$ 1,198.00 an ounce and May copper surged six cents to US$ 2.77 a pound. The Canadian Press FP CAREERS Every Wednesday & Saturday Reach quality candidates by showcasing your organization’s employment opportunities. Place your ad today: 1- 866- 588- 7678 | careers@ nationalpost. com For Career Advice For Job Search / jobs C O M M O D I T I E S C R U D E O I L US$ 56.71 US32¢ N Y M E X G A S US$ 2.68 US7¢ G O L D US$ 1,198.00 - US$ 3.50 S I L V E R US$ 16.29 US5¢ AG Growth Intl Inc 1.56 52.24 48,507 All In West! Capital Corp nil 0.01 5,400 Arctic Glacier Income Fund nil 0.06 8,156 Artis Real Estate Invmt Tr 0.11 14.96 148,749 Bird River Resources Inc nil 0.07 0 Boyd Group Inc ( the) 0.36 54.95 32,421 Buhler Industries Inc 0.01 5.21 200 Canickel Mining Limited - 0.05 0.11 1,501 Copper Reef Mining Corp nil 0.04 0 Craig Wireless Systems Ltd nil 0.05 7,333 Diamedica Inc 0.04 0.15 318,515 Empire Industries Inc - 0.01 0.13 378,936 Exchange Income Corporation 0.17 21.83 28,162 FP Newspapers Inc - 0.02 2.18 12,635 Gendis Inc nil 3.60 1,000 Gossan Resources Limited nil 0.03 59,000 Great West Lifeco Inc 0.20 37.02 489,514 Hudbay Minerals Inc - 0.38 10.40 1,104,814 IGM Financial Inc - 0.58 45.59 242,035 Imris Inc - 0.03 1.00 51,722 Kane Biotech Inc nil 0.05 0 King’s Bay Gold Corp nil 0.01 0 Lakeview Hotel Investment Corpnil 0.35 0 Lanesborough Real Estate Inv 0.02 0.54 1,000 Legumex Walker Inc - 0.05 3.65 2,650 Mainstream Minerals Corp nil 0.01 0 Manitoba Telecom Services 1.05 26.28 510,976 Medicure Inc - 0.06 2.19 7,410 Miraculins Inc nil 0.12 336,973 New Flyer Industries Inc - 0.34 14.36 45,966 Nordic Oil & Gas Ltd nil 0.01 5,100 North West Co Inc - 0.31 25.21 36,044 Novra Technologies Inc nil 0.07 0 People Corporation - 0.05 3.59 29,963 Pollard Banknote Ltd 0.15 7.35 12,500 Ridley Inc - 0.01 33.72 600 San Gold Corp - 0.01 0.01 607,853 Sgx Resources Inc nil 0.02 0 Temple Hotels Inc - 0.03 2.21 46,931 Victory Nickel Inc - 0.01 0.08 189,807 Wildcat Exploration Ltd nil 0.04 50 Winpak Ltd 0.15 41.60 36,313 Issuer Change Close Vol Issuer Change Close Vol ARC Resources 24.85 + 0.09 680 4.8 20.7 33.68 20.75 - 23.3 Agnico Eagle 36.63 - 0.72 1096 1.1 69.9 45.92 25.05 + 19.3 Agrium 130.58 + 0.73 311 2.9 19.5 146.51 92.81 + 26.3 Air Canada 12.15 + 0.06 1524 n. a. 34.7 13.35 6.52 + 64.2 Aliment B SV 49.45 - 0.37 811 0.4 24.2 51.83 28.50 + 64.8 AltaGas 41.12 - 0.27 320 4.3 54.8 53.06 36.19 - 13.2 Amaya Inc 26.71 - 1.73 1691 n. a. 55.6 39.25 6.36+ 359.7 BCE 53.98 - 0.67 1702 4.8 18.1 60.20 46.43 + 10.8 Bank of Mtl 79.62 + 0.01 1418 4.0 12.6 85.71 72.87 + 4.7 Bank of NS 65.73 + 0.30 2105 4.1 11.5 74.93 60.75 + 0.9 Barrick Gold 15.40 - 0.39 2398 1.6 n. a. 21.14 11.67 - 23.7 Baytex Energy 22.83 - 0.60 1872 5.3 n. a. 49.88 14.56 - 50.9 BlackBerry 12.10 - 0.17 1305 n. a. n. a. 15.10 7.78 + 54.1 Bombrdr B SV 2.71 + 0.03 15235 n. a. n. a. 4.43 2.26 - 33.4 BrkfldAsst LV 70.47 - 0.86 631 1.2 12.1 72.96 45.08 + 51.5 CCL Inds B NV 148.68 + 1.86 106 1.0 23.6 155.93 96.65 + 50.8 CGI Group SV 56.17 - 0.52 615 n. a. 19.2 57.69 35.42 + 55.3 CI Financial 35.87 - 0.05 497 3.5 19.4 37.00 30.56 + 3.0 Cameco 19.75 - 0.32 950 2.0 n. a. 25.97 16.73 - 20.9 CIBC 96.18 + 0.34 1016 4.4 13.2 107.37 88.04 + 0.5 Cdn Natl Rail 80.99 - 0.38 939 1.5 21.0 88.89 62.40 + 30.5 Cdn Natrl Res 40.84 - 1.16 2956 2.3 11.3 49.57 31.00 - 7.4 Cdn Oil Sands 12.96 + 0.12 5001 1.5 13.6 24.68 6.01 - 44.6 Cdn Pac Rail 229.66 - 2.51 229 0.6 26.9 247.56 161.74 + 41.6 Cdn Tire A NV 132.99 - 0.17 111 1.6 17.7 137.48 100.01 + 23.7 Cdn Wstrn Bnk 30.79 + 0.33 677 2.7 11.2 43.30 25.27 - 17.6 Cara Ops 31.65 - 0.44 444 n. a. n. a. 33.27 31.17 n. a. Catamaran 72.77 - 0.48 560 n. a. 39.0 76.21 40.52 + 65.5 Cenovus Enrg 23.02 - 0.41 1909 4.6 23.5 34.79 18.72 - 28.9 ConcordiaHlth 94.04 + 0.27 179 0.4 n. a. 104.74 21.00+ 333.4 ConstlltnSftw 494.85 - 4.86 27 1.0 83.4 503.43 230.08 + 86.7 CrescentPoint 32.37 - 0.16 1450 8.5 26.5 48.68 21.20 - 26.3 DH Corp 42.89 + 0.14 318 3.0 32.5 43.25 29.85 + 38.0 DHX MediaB 7.90 - 0.64 4461 0.7 n. a. 10.58 4.65 + 53.1 Dollarama 71.00 + 0.75 333 0.5 32.0 74.48 43.69 + 59.7 Eldorado Gold 6.11 - 0.18 2386 0.3 35.8 9.68 5.45 - 3.6 Element Finl 17.82 + 0.31 2133 n. a. n. a. 18.01 11.50 + 24.7 Enbridge 64.42 + 0.29 1423 2.9 48.1 65.13 47.43 + 24.7 EnCana 15.83 + 0.20 3012 2.2 2.8 26.85 13.31 - 38.3 Enerplus 15.50 - 0.05 1255 3.9 10.6 27.05 9.02 - 34.8 FairfaxFin SV 667.90 - 2.60 35 1.8 7.4 739.00 468.20 + 41.9 First Quantum 16.00 - 0.18 2109 0.6 9.4 27.29 9.89 - 23.8 Fortis 39.01 - 0.14 360 3.5 28.1 42.23 31.26 + 21.3 Franco- Nevada 59.34 - 0.96 410 1.6 68.6 74.10 49.08 + 16.4 Genworth MI 33.51 + 0.88 414 4.7 8.4 41.98 27.75 - 9.8 Gibson Energy 28.92 - 0.37 553 4.4 39.1 37.77 21.84 + 3.9 Gildan Actvwr 39.08 - 0.32 497 0.8 n. a. 40.25 27.265 + 41.6 Goldcorp 24.16 - 0.38 1309 3.0 n. a. 32.32 19.18 - 7.9 Gran Tierra 4.57 + 0.25 5464 n. a. n. a. 8.69 2.58 - 44.5 Grt- West Life 37.02 + 0.20 490 3.5 14.5 37.50 28.61 + 23.9 Husky Energy 27.45 - 0.42 738 4.4 21.8 37.31 21.39 - 21.5 Imperial Oil 54.90 - 0.08 611 0.9 12.3 57.96 44.08 + 5.6 Intact Finl 93.30 - 0.11 417 2.3 16.1 95.77 69.43 + 33.3 Inter Ppln 31.31 + 0.27 597 4.7 29.8 38.95 27.13 + 7.6 Keyera 44.24 - 0.59 423 3.1 15.8 49.92 34.495 + 25.8 Legacy O+ G 2.60 + 0.05 5039 n. a. n. a. 10.03 1.17 - 68.5 Linamar 76.56 - 1.90 339 0.5 15.5 79.80 48.13 + 44.6 Loblaw Cos 63.35 - 0.50 415 1.5 n. a. 66.88 45.58 + 35.9 MEG Energy 24.90 + 0.26 682 n. a. n. a. 41.29 13.30 - 34.5 METRO 36.71 - 0.19 421 1.3 20.6 37.10 21.333 + 67.2 Magna Intl 66.52 - 0.13 655 1.6 12.4 69.71 46.445 + 23.5 Manitoba Tele 26.28 + 1.05 511 6.5 15.5 33.10 23.13 - 13.3 Manulife Finl 22.08 - 0.20 2415 2.8 12.1 23.09 18.91 + 8.4 Methanex 69.01 - 2.16 357 1.8 11.8 77.82 48.97 - 2.3 National Bank 48.96 + 0.80 1184 4.1 11.2 55.50 44.15 + 8.2 Open Text 71.12 - 0.23 226 1.2 25.9 76.71 49.91 + 38.4 Pac Rubiales 3.76 + 0.57 9471 21.4 n. a. 23.86 2.54 - 82.7 Parex Res 9.20 - 0.28 2012 n. a. n. a. 15.49 5.97 - 11.5 Pembina Ppln 42.14 + 0.16 542 4.1 39.4 53.04 36.16 - 0.8 PennWest Pete 3.02 - 0.02 5124 1.3 n. a. 11.00 1.67 - 69.7 Peyto Expl 36.64 + 0.10 601 3.6 21.4 41.95 29.67 - 6.6 Potash Corp 40.36 - 0.09 757 4.6 18.1 47.10 35.245 + 4.6 Power Corp SV 33.73 - 0.27 473 3.4 12.2 34.79 27.60 + 11.5 PrairieSky Rt 33.20 - 0.56 637 3.9 11.3 42.60 23.06 n. a. Precisn Drill 8.63 - 0.46 3324 3.2 78.5 15.65 5.70 - 37.3 PrgrssWaste 36.17 - 0.50 359 1.8 27.0 38.52 26.20 + 31.5 RogerCom B NV 42.03 - 0.07 1311 4.6 16.2 47.50 40.80 - 5.0 Royal Bank 81.24 - 0.01 3143 3.8 12.9 83.87 71.74 + 10.8 Russel Metals 27.71 + 0.71 504 5.5 13.8 37.63 22.39 - 9.3 SNC- Lavalin 43.60 + 0.71 588 2.3 5.0 59.63 36.24 - 7.7 Seven Generat 18.45 + 0.37 844 n. a. 25.3 24.70 14.25 n. a. Shaw Com B NV 27.33 + 0.26 1222 4.3 16.4 31.93 26.11 + 2.7 Silver Wheatn 23.44 - 0.50 811 1.0 34.4 29.98 18.92 - 3.7 Sun Life Finl 39.77 - 0.27 675 3.6 13.8 43.44 35.73 + 9.6 Suncor Energy 40.07 - 0.60 3067 2.8 21.8 47.18 30.89 - 0.2 TELUS 42.07 - 0.68 1363 3.8 18.2 45.14 37.13 + 9.3 TORC O & G 10.98 - 0.39 1221 4.9 n. a. 16.33 6.48 - 16.9 Tahoe Res 13.75 - 0.55 1581 2.1 18.2 30.15 13.19 - 42.0 Teck Res B SV 16.75 - 0.29 2477 5.4 26.6 26.98 12.46 - 31.4 ThomsonReuter 50.78 - 1.28 994 3.2 17.7 53.00 37.24 + 32.8 TD Bank 56.03 + 0.13 2425 3.6 13.4 58.20 49.67 + 8.5 Tourmaline 42.36 - 0.64 385 n. a. 17.2 59.25 32.80 - 22.4 TransCanada 55.87 - 0.29 1060 3.7 22.7 63.86 49.30 + 8.5 TricanWellSvc 5.04 + 0.09 2570 6.0 n. a. 18.19 3.03 - 65.8 Valeant Pharm 252.67 - 0.15 225 n. a. 76.3 266.60 116.01 + 89.1 Veresen 18.09 - 0.13 899 5.5 64.6 19.80 13.52 + 9.9 VermilionEnrg 58.67 + 0.68 374 4.4 23.0 78.24 44.05 - 16.7 WSP Global 43.51 - 0.27 357 3.4 44.4 44.19 31.02 + 17.5 West Fraser 62.24 - 1.52 422 0.4 20.3 78.55 46.15 + 29.3 Whitecap Res 15.18 - 0.02 2510 4.9 7.8 18.70 9.75 + 11.5 T H E T S X T O P 1 0 0 Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch Net Vol % 52 wk 52 wk 52 wk Stock Close ch 000s yield P/ E high low % ch C U R R E N C I E S Currency In $ Cdn Argentina peso 0.0927 Australia dollar 0.9510 Chinese yuan 0.1963 Denmark krone 0.1759 Dominican peso 0.0272 Euro 1.3124 Hong Kong dollar0.1570 India rupee 0.0195 Japan yen 0.0102 S. Korea won 0.0011 Mexico peso 0.0803 Pakistan rupee 0.0120 Russia rouble 0.0245 Sri Lanka rupee 0.0091 Sweden krona 0.1420 Switzerland franc1.2735 Taiwan dollar 0.0392 U. A. E. dirham 0.3312 U. K. pound 1.8186 U. S. dollar 1.2166 C A N A D I A N D O L L A R US82.10¢ US0.80¢ Currency In $ Cdn Currency In $ Cdn Currency In $ Cdn M A N I T O B A S T O C K S These companies all have headquarters or major operations in Manitoba. Closing values are as of the end of trading yesterday. Provided by Laurentian Bank Securities FUTURES TRADING CANOLA May ’ 15 454.60 454.80 440.00 441.10 454.60 July 456.90 456.90 443.30 444.30 456.80 Nov. 447.10 447.50 435.60 436.40 448.10 Jan. ’ 16 455.90 445.90 437.10 438.20 449.30 March 435.70 435.70 435.70 437.20 448.60 May 0.00 0.00 0.00 437.90 448.80 July 0.00 0.00 0.00 438.40 449.30 Nov. 0.00 0.00 0.00 433.00 443.90 Jan. ’ 17 0.00 0.00 0.00 433.00 443.90 March 0.00 0.00 0.00 433.00 443.90 May 0.00 0.00 0.00 433.00 443.90 BARLEY ( WESTERN): May ’ 15 0.00 0.00 0.00 205.00 205.00 July 0.00 0.00 0.00 205.00 205.00 Oct 0.00 0.00 0.00 190.00 190.00 Dec 0.00 0.00 0.00 190.00 190.00 Mar ’ 16 0.00 0.00 0.00 190.00 190.00 May 0.00 0.00 0.00 190.00 190.00 July 0.00 0.00 0.00 190.00 190.00 Oct 0.00 0.00 0.00 190.00 190.00 Dec 0.00 0.00 0.00 190.00 190.00 Mar ’ 17 0.00 0.00 0.00 190.00 190.00 May 0.00 0.00 0.00 190.00 190.00 WINNIPEG ( CP) — Grain quotes yesterday. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. Open High Low Close Yest. T H E M A R K E T S O N 0 4 . 1 6 . 1 5 SAVERS & INVESTORS REACH WE MORE 74% THE FREE PRESS IN PRINT OR ONLINE EACH WEEK READ N EW YORK — The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own stock. Shares of arts and crafts retailer Etsy surged in opening trading on the Nasdaq Thursday. After pricing at $ 16 late Wednesday, the stock opened at nearly double that level, and hit a high of $ 35.73 in morning trading. The stock finished at $ 30 per share, up 87.5 per cent for the day and valuing the company at $ 3.33 billion. The healthy stock surge shows Wall Street has a big appetite for a well- known retail brand, even one that doesn’t yet make a profit. Thursday was one of the biggest days for initial public offerings so far this year, with party- store operator Party City and electronic trading firm Virtu Financial also making big debuts. “ It’s been a very slow IPO market so far this year, and investors have been on the sideline waiting for a new name, especially a new name that’s familiar,” said Sam Hamadeh, CEO of research firm Privco. Founded in 2005, Brooklyn- based Etsy sells anything from a $ 110,000 antique desk from the 1800s to a $ 20 handmade antler pendant and everything in between. In 10 years, it’s grown from a scrappy startup offering craftspeople a way to sell necklaces and needlepoint online to a marketplace of 54 million members that generated $ 1.93 billion in sales in 2014. While it doesn’t make a profit — it reported a loss of $ 15.2 million in 2014 — it has a very loyal customer base and room for revenue growth. The company says 78 per cent of people who bought items on the site in 2014 were return customers. And although it has a reputation for being a grassroots site, its revenue model is becoming more like Alibaba, the Chinese e- commerce powerhouse. In addition to taking a small percentage of each transaction made on Etsy, it is increasingly offering services such as marketing and payment processing to its sellers. About 42 per cent of its revenue in 2014 came from services. “ We think that it’s a very interesting company, and investors are going to like the growth they see,” said Kathleen Smith, IPO exchange- traded fund manager at IPOresearch firm Renaissance Capital. Etsy is a B Corporation, a for- profit company with a stated social mission certified by a non- profit organization called B Lab. That could make for a tricky balancing act of keeping its socially conscious ethos alive while satisfying stockholder demands. But it could help that some shareholders will be Etsy sellers themselves — Etsy planned for five per cent of the shares sold to be set aside for individual investors, including people who use its site. And it is using $ 300,000 of the proceeds from the debut to fund Etsy. org, a website established to promote entrepreneurship for women in disadvantaged communities. — The Associated Press MONTREAL — Canadian National ( TSX: CNR) plans to spend $ 500 million in Western Canada to improve feeder rail lines that are handling rising volumes of industrial products, natural resources and energy- related commodities. About $ 100 million will be spent this year in northern Alberta to handle higher anticipated volume in the Peace River region, the railway said Thursday, adding feeder lines in Saskatchewan and Manitoba will be included in the $ 500- million multi- year program. “ CN sees significant long- term potential in its customer base located on its Western Canada feeder network,” chief executive Claude Mongeau said in a statement. “ We want to provide our customers with the capacity for continued efficient freight transportation services that increase their competitiveness in North American and global markets, as well as ensure our rail infrastructure is as safe as possible.” The improvements include heavier rails, crushed- rock ballast and ties along the roadbed. CN spokesman Mark Hallman said record volumes of some types of freight originating in Western Canada last year “ resulted in some increase in accidents owing to track issues on that part of CN’s network, including northern Alberta.” “ CN’s multi- year capital program announced today for Western Canada represents a major CN investment in longterm safety and capacity improvements,” Hallman said in an email. “ In 2015, CN plans to invest approximately C$ 2.6 billion in capital programs across its North American network, of which approximately C$ 1.3 billion is targeted toward maintaining the safety and integrity of the network, particularly track infrastructure. Total CN capital expenditures this year will account for more than 20 per cent of total revenues — this puts CN’s at the upper end of investment rates in the rail industry.” — The Canadian Press CN to spend $ 500M to boost feeder lines Etsy stock soars in its debut Nearly doubles as it hits Nasdaq MARK LENNIHAN / THE ASSOCIATED PRESS Etsy executtives, employees and guests celebrate the company’s IPO at the Nasdaq MarketSite Thursday. B_ 07_ Apr- 17- 15_ FP_ 01. indd B7 4/ 16/ 15 9: 53: 26 PM