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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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864 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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952 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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1023 days ago
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
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36 minutes ago
Bay Street Seen Opening On Mixed Note
Canadian shares may open on a slightly mixed note on Thursday tracking the trend in the commodity markets, and somewhat firm European stocks. The focus, once again, will be on trade negotiations between the U.S. and several other major nations.
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39 minutes ago
FTSE 100 Rises To Record High As Mining Stocks Rally
The UK stock market climbed to a new record high Thursday morning, lifted by strong gains in the mining sector.
The undertone in major European markets is quite firm today amid optimism about a potential trade deal between the U.S. and the European Union.
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1h 48min ago
CAC 40 Moderately Higher On Trade Deal Hopes
French stocks are gaining some ground in positive territory on Thursday amid rising hopes the European Union will strike a trade deal with the U.S. sometime soon.
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2h 23min ago
DAX Modestly Up After Hitting Fresh Record High
German stocks are up in positive territory on Thursday, extending gains from the previous three sessions, as investors continue to focus on US-EU trade negotiations. Data showing a drop in Germany's consumer price inflation in the month of June is aiding sentiment.
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2h 43min ago
