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Deflated Tom Group Mired In Losses 23 Years After Splashy Debut - Alibaba Gr Holding (NYSE:BABA), Alphabet (NASDAQ:GOOG)

Key Takeaways: •     Tom Group returned to the red in the first half of this year, after posting its first annual profit last year since 2018 •     The company earns most of its revenue from a Taiwan publishing unit, and also invests in tech companies By Edith Terry ....

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Vaccines, oil prices and Husky takeover boost Cenovus outlook, says CEO Alex Pourbaix


Vaccines, oil prices and Husky takeover boost Cenovus outlook, says CEO Alex Pourbaix
by The Canadian Press
Last Updated May 12, 2021 at 4:58 pm EDT
CALGARY The CEO of Cenovus Energy Inc. says he’s optimistic that his oil and gas company’s second consecutive online annual shareholders meeting webcast on Wednesday will be its last.
Alex Pourbaix says the global rollout of vaccines to counteract the COVID-19 pandemic gives him hope that next year’s meeting will be held in person, with the possible addition of a simultaneous webcast for out-of-town investors.
In their first shareholders’ meeting since Cenovus bought Husky Energy Inc., former Husky directors Canning Fok, Wayne Shaw, Frank Sixt and Eva Kwok were elected to Cenovus’s 12-member board. They had been appointed earlier under terms of the acquisition. ....

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Most actively traded companies on the Toronto Stock Exchange | iNFOnews | Thompson-Okanagan's News Source


May 12, 2021 - 2:26 PM
TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (19,107.77, down 166.27 points.)
Enbridge Inc. (TSX:ENB). Energy. Up 11 cents, or 0.23 per cent, to $48.30 on 12.8 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 57 cents, or 2.06 per cent, to $28.24 on 10.2 million shares.
Manulife Financial Corp. (TSX:MFC). Financials. Down seven cents, or 0.27 per cent, to $25.55 on nine million shares.
Crescent Point Energy Corp. (TSX:CPG). Energy. Down two cents, or 0.39 per cent, to $5.06 on 8.9 million shares.
Cenovus Energy Inc. (TSX:CVE). Energy. Up 26 cents, or 2.78 per cent, to $9.60 on 7.7 million shares. ....

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