Most actively traded companies on the TSX, TSX Venture Exchange markets

TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange:

Toronto Stock Exchange (12,464.32, down 74.89 points):

Bombardier Inc. (TSX:BBD.B). Transportation equipment. Down 19 cents, or 3.95 per cent, at $4.62 on 8,375,647 shares.

Manulife Financial Corp. (TSX:MFC). Insurer. Down 64 cents, or 5.10 per cent, at $11.91 on 8,093,573 shares. The financials sector was the major decliner, down 1.67 per cent after UBS downgraded two of the big insurers, Manulife and Sun Life Financial (TSX:SLF) to neutral from buy. Sun Life stock was off $1.06, or 5.02 per cent, at $20.05 on 1,678,470 shares.

Kinross Gold Corp. (TSX:K). Miner. Up 18 cents, or 1.59 per cent, at $11.48 on 7,224,353 shares.

Trevali Mining Corp. (TSX:TV). Miner. Down two cents, or 1.65 per cent, at $1.19 on 6,709,950 shares.

Talisman Energy Inc. (TSX:TLM). Oil and gas. Down 35 cents, or 2.86 per cent, at $11.90 on 6,532,638 shares.

B2Gold Corp. (TSX:BTO). Miner. Up eight cents, or 2.23 per cent, at $3.67 on 6,512,871 shares.

TSX Venture Exchange (1,614.77, up 10.73 points):

Wild Stream Exploration Inc. (TSXV:WSX). Oil and gas. Down two cents, or 0.21 per cent, at $9.67 on 7,931,077 shares.

CardioComm Solutions Inc. (TSXV:EKG). Health care. Down 3.5 cents, or 8.75 per cent, at 36.5 cents on 7,874,113 shares.

Companies reporting major news:

Canadian Pacific Railway Ltd. (TSX:CP). Railway. Unchanged at $71.65 on 814,290 shares. The company, under fire from a dissident investor who wants to change the CEO, reported higher earnings in its most recent quarter but saw its operating efficiency ratio deteriorate.

Transat (TSX:TRZ.B). Travel services. Up seven cents, or 1.03 per cent, at $6.88 on 35,973 shares. Transat is buying Quebec's oldest tour operator, Caribbean specialist Vacances Tours Mont-Royal, as it continues to confront growing competition in the industry.