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TD Bank Expects Gain Of C$141 Mln In Q1 From Charles Schwab's Q4 Earnings
(RTTNews) - TD Bank Group (TD, TD.TO) announced Thursday that it expects The Charles Schwab Corp's (SCHW) fourth quarter earnings to translate into approximately C$141 million of reported equity in net income of an investment in Schwab for the Bank's fiscal 2024 first quarter.
Excluding acquisition-related charges of approximately C$9 million after-tax, restructuring charges of approximately C$27 million after-tax, an FDIC special assessment of approximately C$22 million after-tax, and amortization of acquired intangibles of approximately C$31 million after-tax, adjusted equity in net income of an investment in Schwab will be approximately C$230 million.
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TD Bank Reaches $1.205 Bln Settlement Related To Litigation Involving The Stanford Financial Group
TD Bank Group (TD, TD.TO) announced Monday that it has agreed to a settlement in principle relating to litigation involving the Stanford Financial Group.
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vor 981 Tagen
TD Bank Group Q4 Profit Surges; Results Top Estimates
TD Bank Group (TD, TD.TO) on Thursday reported fourth-quarter net income available to common shareholders of C$6.56 billion or C$3.62 per share, up sharply from C$3.72 billion or C$2.04 per share in the year-ago quarter.
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vor 1069 Tagen
TD Bank, Target Extend U.S. Credit Card Partnership Through 2030
TD Bank (TD, TD.TO), America's Most Convenient Bank, announced Wednesday a multi-year contract extension with Target Corp. (TGT), in which TD will continue to be the exclusive issuer of Target co-branded and private label consumer credit cards.
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vor 1140 Tagen
Bay Street Likely To Open With Negative Gap
Sharply lower Canadian and U.S. futures and weak commodity prices point to a gap down opening on Bay Street Tuesday morning.
The focus will be on the Federal Budget to be presented by Canadian Prime Minister Mark Carney today.
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vor 2Std 19 Minuten
Uber Q3 Profit Surges On Higher Trips, Sees Growth In Q4; But Stock Drops
Uber Technologies, Inc. reported Tuesday significantly higher profit in its third quarter as revenues beat market estimates, benefited by strong growth in trips. Bookings also were higher than last year, and the ride-hailing and food delivery company issued fourth-quarter outlook, expecting a growth. Meanwhile, the shares were losing around 5 percent in the pre-market activity.
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vor 2Std 48 Minuten
FTSE 100 Drifts Lower; Miners Among Notable Losers
The U.K. market is down in negative territory on Monday, weighed down by losses in the mining sector. The mood remains quite cautious amid concerns about global economic growth as several central banks, including the Federal Reserve and the European Central Bank signaling that further interest rate cuts are unlikely in the coming months.
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vor 3Std 40 Minuten
CAC 40 Drops To 3-week Low On Widespread Selling
France's CAC 40 index dropped to a three-week low on Tuesday with investors choosing to trim down positions in riskier assets amid concerns about the potential impact of the government shutdown in the U.S., some hawkish comments from Fed officials and mixed corporate earnings from the region.
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vor 4Std 4 Minuten
DAX Down Sharply As Stocks Tumble On Growth Worries
The German market is down sharply in negative territory on Tuesday with stocks from across several sectors reeling under pressure as investors react to mixed earnings updates, and weak U.S. manufacturing data and hawkish comments from some Fed officials.
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vor 4Std 47 Minuten
