By The Canadian Press
TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:
Toronto Stock Exchange (12,706.38 up 25.67 points):
Bombardier Inc. (TSX:BBD-B.TO - News). Transportation equipment. Up a penny, or 0.25 per cent, at $3.96 on 5.16 million shares. The plane and train maker announced Monday that it has fully powered up the main electrical systems for the first time on its CSeries test aircraft. It also completed two crucial wing tests ahead of the commercial plane's first flight by the end of June, but one week later than analysts had forecast.
BlackBerry (TSX:BB.TO - News). Wireless technology. Up 16 cents, or 1.10 per cent, at $14.67 on 4.84 million shares. The company formerly called Research In Motion will be releasing its fourth-quarter results Thursday, after launching its newest touchscreen smartphone in the U.S. last week.
First Quantum Minerals Ltd. (TSX:FM.TO - News). Miner. Up six cents, or 0.31 per cent, at $19.47 on 3.59 million shares. The Vancouver-based company has offered to take over Inmet Mining (TSX:IMN.TO - News) in an all-stock bid. Shareholders have until April 1 to vote for the combination that will create a leading copper producer with operations in several regions of the world.
Mood Media Corp. (TSX:MM.TO - News). Advertising and marketing services. Up five cents, or 3.79 per cent, at $1.37 on 3.12 million shares. The Toronto-based company will be releasing its fourth-quarter results on Thursday.
Toronto Venture Exchange (1,096.03 down 7.32 points):
Eacom Timber Corp. (TSXV:ETR.V - News). Timber producer. Unchanged at 37 cents on 13.40 million shares. Eacom received a friendly takeover offer from Kelso & Co. early this week. The cash offer values the mill operator's equity at $181.8 million.
Companies reporting major news:
Bank of Montreal (TSX:BMO.TO - News). Bank. Up 51 cents, or 0.80 per cent, at $64.19 on 1.21 million shares. The bank said the posted rate for its five-year mortgage will go back to 3.09 per cent, from 2.99 per cent. The limited-time low-mortgage rate drew ire from Finance Minister Jim Flaherty when it was announced at the start of the month.
Inter Pipeline Fund (TSX:IPL-UN.TO - News). Pipeline. Down four cents, or 0.17 per cent, at $23.57 on 121,023 shares. The Calgary-based company reached binding long-term commitments for an expanded oilsands pipeline system that it plans to build for about $2.6 billion. It will build 840 kilometres of new pipeline and seven new pump stations to serve three oilsands operations.
Mega Brands Inc. (TSX:MB.TO - News). Toymaker. Up 76 cents, or 5.51 per cent, at $14.56 on 153,495 shares. The toys and arts supply company plans to significantly reduce its outstanding debt by having some of its investors either buy more shares or exchange debt securities for shares on a cashless basis.