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

RTTNews | 652天前
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天前
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天前
Swiss Market Settles Moderately Lower

Swiss Market Settles Moderately Lower

The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
RTTNews | 10小時11分鐘前
European Markets Close Weak After Cautious Session

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European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.
RTTNews | 10小時34分鐘前
Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction

Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction

A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
RTTNews | 14小時17分鐘前