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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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912 days ago
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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1000 days ago
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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1071 days ago
Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect
Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.
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31 minutes ago
Swiss Market Settles Modestly Higher
The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters.
The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
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43 minutes ago
Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
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51 minutes ago
Thai Bourse May Halt Losing Streak On Thursday
The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
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1h 0min ago
Australian Market Slightly Lower
The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
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1h 8min ago
