TSX Stocks to Watch; Thursday's Trading Leaders: (TSX: TLM), (TSX: BBD.B), (TSX: HAT), (TSX: AVM)
October 21, 20111 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for October 20, 2011. The Standard & Poor's/TSX Composite Index closed at 11,830.33, losing 19.17 points, or 0.16 percent.
TSX:TLM) was the most active gainer and added 0.04 (0.29%) to C$13.76. The stocks was recently started covering by Tudor Pickering with a “Buy” rating.
Bombardier, Inc. (TSX: BBD.B) ended higher by 0.10 (2.58%) to C$3.98 after SKF and Bombardier Aerospace reached a long-term contract for SKF to supply rod assemblies and titanium bearings for Bombardier’s all new CSeries aircraft, which are optimised for the single-aisle, 100 to 149 seat market.
Hathor Exploration Limited (TSX: HAT) was another notable active stock with the stock closing higher by 0.12 (2.73%) to C$4.52 after the company it acquired in the Canadian public markets 2.5 million common shares of Hathor Exploration Limited (the "Issuer") on behalf of West Face Long Term Opportunities Global Master L.P. ("GMLP"), a fund managed by WFCI.
Anvil Mining Limited (TSX: AVM) climbed 0.11 (1.44%) to C$7.77 and made a new 52-week high of C$7.81. The company said that MMG Malachite Limited (the "Offeror"), a wholly owned indirect subsidiary of Minmetals Resources Limited ("MMR") has mailed to shareholders of Anvil its offer and a take-over bid circular dated October 19, 2011, and related documents in connection with its previously announced offer for all of the outstanding common shares of Anvil at a purchase price of C$8.00 per share in cash (the "Offer").
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