TSX Top Traders: (BB), (SU), (EMC), (TOG)
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Visit: Research In Motion Limited
New York, New York - February 6, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top traders on the TSX for February 6th, 2013.
Research In Motion Limited (TSX:BB) trading at $15.890 lowered by $-0.050 or -0.31% on a volume of 9,076,433 shares.
With the launch of Research in Motion's new BlackBerrys last week, it boasted of the 70,000 applications that had been built for the platform and were ready to use; which is still less than one tenth of the apps Apple has for its devices. RIM executives have since continued to reach out to developers in the U.S. and abroad.
This week in Amsterdam RIM is hosting a developer's conference called BlackBerry Jam Europe. There are tutorials, question and answer sessions, and presentations from RIM executives meant to assist existing BlackBerry developers and encourage new developers to come on board.
Suncor Energy Inc., (TSX:SU) trading at $32.530 dropped by $-1.850 or -5.38% on a volume of 6,968,070 shares.
Suncor Energy Inc., Canada's largest energy company by market value, reported its first quarterly loss in 3 1/2 years after a charge of C$1.49 billion ($1.5 billion) related to its Voyageur oil project in the province of Alberta, which may face cancellation.
The net loss in the fourth quarter was C$562 million, or 37 cents a share, the biggest in at least two decades, compared with net income of C$1.43 billion, or 91 cents, a year ago, the company announced yesterday in a statement that also disclosed it faces a possible C$1.2 billion tax bill. Operating earnings fell 30 percent to C$1 billion.
The Voyageur upgrader project, being built by Suncor and France's Total SA, will process about 269,000 barrels a day of bitumen from the Fort Hills and Joslyn mines, according to Total E&P Canada Ltd.'s website. The plant will use the heavy bitumen to produce 218,000 barrels a day of synthetic crude oil.
EMC Metals Corp., (TSX:EMC) trading at $0.085 moved up $0.050 or 142.86% on a volume of 5,607,940 shares.
EMC Metals Corp. announced it has agreed an out of court settlement to its dispute with Jervois Mining Limited in relation to the Nyngan Scandium project in NSW, Australia. The terms of the settlement transfer 100% ownership and control of the Nyngan Scandium project to EMC, in return for cash payments and a percentage royalty payable to Jervois on sales of product from the project.
Torc Oil and Gas Ltd., (TSX:TOG) trading at $2.120 gained $0.050 or 2.42% on a volume of 3,360,259 shares.
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