Dorel Industries Inc. (DIIBF)
- Simply Wall St.
With 44% stake, Dorel Industries Inc. (TSE:DII.B) seems to have captured institutional investors' interest
Key Insights Given the large stake in the stock by institutions, Dorel Industries' stock price might be vulnerable to...
- The Canadian Press
Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,831.02, up 61.80 points): Canadian Natural Resources Inc. (TSX:CNQ). Energy. Down one cent, or 0.01 per cent, to $97.25 on 18.1 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 38 cents, or 0.81 per cent, to $47.24 on 12.5 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Up 18 cents, or 0.75 per cent, to $24.19 on 11.1 million shares. Toronto-Dominion Bank. (TSX:TD).
- The Canadian Press
Dorel lays off workers as consumer spending slump weighs on earnings
MONTREAL — Dorel Industries Inc. laid off workers last quarter amid ongoing losses fuelled by low demand for furniture, even as it reported its best financial results in two and a half years. The maker of children's products and home furniture cut 40 employees in the latter segment — about five per cent of its North American total — according to financial filings Tuesday. "We basically restructured in a way where we've combined a couple of our operating units under one operating unit and reduced
