Toronto Stock Exchange :Argonaut Gold Inc. . Mining. Up one cent, or 2.60 per cent, to 39.5 cents on 14.3 million shares.Athabasca Oil Corp. . Energy. Down 15 cents, or 2.86 per cent, to $5.09 on 8.2 million shares.Canadian Imperial Bank of Commerce. . Finance. Down 69 cents, or 1.01 per cent, to $67.63 on 7.4 million shares.Rogers Communications Inc. . Telecom. Down $1.27, or 2.30 per cent, to $54.01; BCE Inc. . Telecom. Down $1.17, or 2.55 per cent, to $44.72; Telus Corp. . Telecom.
47 per cent, to $28.69. Shares of some of Canada's big telecommunications companies fell as BMO Capital Markets cut its share price targets for several names in the sector. The firm also lowered its ratings on both BCE Inc. and Quebecor Inc. to market perform from outperform on a slower growth outlook based on competitive pressures. BMO lowered its target price for BCE shares to $46 from $54, while its target for Quebecor shares fell to $33 from $42.
Source: News Formal (newsformal.com)
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