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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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773 dias atrás
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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861 dias atrás
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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932 dias atrás
TSX Down More Than 4% As Trade Tensions Resurface
The Canadian market is deep down in negative territory on Thursday, with investors taking some profits following the previous afternoon's sharp rally after U.S. President Donald Trump announced a 90-day pause on new "reciprocal tariffs."
Also, trade tensions between the U.S. and China weigh on sentiment.
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2h 38min atrás
U.S. Weekly Jobless Claims Inch Up To 223,000, In Line With Estimates
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits crept slightly higher in the week ended April 5th. The Labor Department said initial jobless claims inched up to 223,000, an increase of 4,000 from the previous week's unrevised level of 219,000. The uptick by initial jobless claims came in line economist estimates.
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5h 7min atrás
U.S. Consumer Prices Unexpectedly Edge Down 0.1% In March
The Labor Department released a report on Thursday unexpectedly showing a slight decrease by U.S. consumer prices in the month of March. The report said the consumer price index edged down by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected consumer prices to inch up by 0.1 percent.
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5h 10min atrás
Krispy Kreme Unveils Tax Break On Doughnuts For Tax Day
Doughnut maker Krispy Kreme Inc. has unveiled its Tax Day special offer on dozens of doughnuts for the third consecutive year. On the Tax Day on Tuesday, April 15, guests who purchase an Original Glazed or assorted dozen doughnuts at regular price in shop can receive a second Original Glazed dozen for only the sales tax in their state.
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6h 2min atrás
U.S. Consumer Prices Unexpectedly Edge Lower In March
The Labor Department released a report on Thursday unexpectedly showing a slightly decrease by consumer prices in the U.S. in the month of March.
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6h 30min atrás
