Wednesday, November 02, 2011

TSX Stocks to Watch; Tuesday's Trading Leaders: (TSX:BBD.B), (TSX: K), (TSX: YRI), (TSX: G)

November 2, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 01, 2011. The Standard & Poor's/TSX Composite Index continued to move lower by 136.96 (-1.12%) to end the day at 12,115.10 as North American markets once again reacted to the Greek debt problems.
All four leaders are continuing gains in early morning trading for Wednesday.
Bombardier, Inc. (TSX:BBD.B) was the most active stock gainer ending higher by 0.03 (0.73%) to C$4.15, off day’s low of $3.95. Bombardier Aerospace confirmed that final results of a three-phase wind tunnel test program provided further validation of the CSeries aircraft's aerodynamic design. They also support design predictions that the CSeries aircraft, optimized specifically for the growing 100- to 149-seat market, will deliver a step-change in fuel efficiency. The wind tunnel tests also contributed to the achievement of optimal integration of Pratt & Whitney's ultra high-bypass ratio (12:1) PurePower® PW1500G engine.
Kinross Gold Corporation (TSX:K) was the another active gainer and added 0.52 (3.66%) to C$14.73 with more than 6.02 million shares exchanged hands, compared to its average volume of 4.46 million shares. The stock has a 52-week range of $13.42-$19.77. The market is expecting Q3 2011 Kinross Gold Corp Earnings Release following today’s market close .
Yamana Gold Inc. (TSX:YRI) was another notable active stock with the stock closing higher by 0.32 (2.15%) to C$15.20. The stock has a 52-week range of $14.40-$15.40..Investors are expecting Q3 2011 Yamana Gold Inc Earnings Release at today’s market close.
Goldcorp Inc. (TSX:G) climbed 1.45 (2.99%) to C$49.95. The stock has a 52-week range of $38.99-$55.93..
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