TD Bank Expects Gain Of C$141 Mln In Q1 From Charles Schwab's Q4 Earnings

RTTNews | 652 일 전
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 Group Q4 Profit Surges; Results Top Estimates

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.
RTTNews | 1065 일 전
TD Bank, Target Extend U.S. Credit Card Partnership Through 2030

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.
RTTNews | 1136 일 전
CAC 40 Modestly Lower In Cautious Trade After Inflation Data

CAC 40 Modestly Lower In Cautious Trade After Inflation Data

The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.
RTTNews | 19 분 전
UK Nationwide House Price Growth Softens

UK Nationwide House Price Growth Softens

UK house prices increased at a slower pace in October as buyers were cautious ahead of the budget, data from the Nationwide Building Society showed Friday. House price posted a monthly growth of 0.3 percent in October, slower than the 0.5 percent rise seen a month ago. Nonetheless, the figure was better than the forecast of nil growth.
RTTNews | 24 분 전
DAX Drops To 2-month Low

DAX Drops To 2-month Low

German stocks are down in negative territory on Friday and the benchmark DAX is near two-month lows, as investors, assessing the recent interest rate decisions of the major central banks, and the developments on the trade front, remain cautious and mostly making cautious moves.
RTTNews | 1 시간 8 분 전
Sensex, Nifty End Lower On Mixed Global Cues

Sensex, Nifty End Lower On Mixed Global Cues

Indian shares ended lower on Friday as renewed foreign investor selling overshadowed upbeat corporate earnings and easing global trade tensions.
RTTNews | 1 시간 18 분 전
European Shares Subdued Before Key Inflation Reading

European Shares Subdued Before Key Inflation Reading

European stocks drifted lower on Friday, and the euro consolidated losses ahead of key Eurozone inflation data due later in the day. Earlier in the day, data showed that French consumer price inflation slowed further below the European Central Bank's target in October despite an unexpectedly strong upswing in the economy.
RTTNews | 2 시간 35 분 전