By Dean Seal

Toronto shares slipped Tuesday, pulled down by losses within the power trade amid weakening oil and fuel costs.
At noon Tuesday, the S&P/TSX Composite Index was down 1.4% at 18575.12 and the blue-chip S&P/TSX 60 was 1.2% decrease at 1133.28.

As oil costs dropped to a 12-week low, shares within the power phase dropped 5%. Athabasca Oil Corp. led the decline as its shares retreated 8% to C$2.08, whereas shares of Baytex Power Corp. fell 8.5% to C$5.37.
Among the many few huge gainers on Wednesday was Resolute Forest Merchandise Inc. Its shares soared 64% to $20.47 after the corporate stated it could be acquired by a subsidiary of the Paper Excellence Group.
Different market movers:
Shares of Rogers Communications Inc. and Shaw Communications Inc. retreated Wednesday after the businesses stated an early mediation with the Canadian commissioner of competitors hadn’t resolved objections to their proposed $16 billion merger.
Roger Communications shares fell 2.5% to C$61.54 whereas shares of Shaw Communications slid 2.6% to C$37.23.
Write to Dean Seal at dean.seal@wsj.com