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Toronto-Dominion Bank

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  • Apple in talks to launch Apple Pay in Canada - WSJ Friday, 17 Apr 2015 | 11:41 AM ET

    April 17- Apple Inc is planning to launch its electronic payments service in Canada in November, the first international expansion of Apple Pay, the Wall Street Journal reported, citing people familiar with the matter. The iPhone maker is in talks with Canada's six biggest banks, Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal,...

  • TORONTO, April 8- Canadian Finance Minister Joe Oliver announced legislation on Wednesday committing the government to a balanced budget except if there is recession or an "extraordinary circumstance." Oliver has pledged to deliver a balanced budget for 2015-16 on April 21 despite the damage to Canada's economy inflicted by low oil prices.

  • TORONTO, April 8- Canadian Finance Minister Joe Oliver will announce legislation on Wednesday committing the government to a balanced budget except under "extraordinary circumstances," a government source said. It will be Canada's first federal balanced-budget bill, though eight of the 10 provinces enacted such legislation during the 1990 s.

  • NEW YORK, March 10- TD Ameritrade Holding Corp has no interest at the moment in buying smaller discount brokerage rival E* Trade Financial Corp, TD Ameritrade Chief Executive Fred Tomczyk said on Tuesday. They forecast that E* Trade, whose shares fell 1.3 percent on Tuesday to $27.56, could be acquired by TD Ameritrade at $45 a share and by Schwab at $55 a share without...

  • March 3- Bank of Nova Scotia posted a lower-than-expected quarterly profit on Tuesday, hurt by an increase in credit-loss provisions and higher expenses, sending its shares down about 1.6 percent. The results at Scotiabank, Canada's No. 3 lender, round out a mixed quarter for the country's big banks, with Royal Bank of Canada and Canadian Imperial Bank of Commerce...

  • TORONTO, Feb 26- Canadian Imperial Bank of Commerce, the country's No 5 lender, reported better-than-expected first-quarter earnings on Thursday, helped by strong growth in its wholesale banking business, and unexpectedly raised its dividend. Excluding items, CIBC earned C $2.36 per share in the quarter ended Jan. 31, topping the average analyst estimate of C...

  • TORONTO, Feb 26- Toronto-Dominion Bank, Canada's second-largest lender, reported a slightly higher profit on Thursday in line with expectations, as gains at its retail division offset weakness in wholesale banking. TD Bank's net income rose to C $2.06 billion, or C $1.09 per share in the first quarter ended Jan. 31, from C $2.04 billion, or C $1.07 per share, a year...

  • Feb 26- Toronto-Dominion Bank, Canada's second-largest lender, reported a marginally higher quarterly profit on Thursday, held back by its wholesale banking business. T-D Bank's net income rose to C $2.06 billion, or C $1.09 per share, from C $2.04 billion, or C $1.07 per share, a year earlier. Net income from the lender's Canadian retail business rose 20 percent to C...

  • Toronto-Dominion Bank posts higher quarterly profit Thursday, 26 Feb 2015 | 6:43 AM ET

    The lender's net income rose to C $2.06 billion, or C $1.09 per share, in the first quarter ended Jan. 31, from C $2.04 billion, or C $1.07 per share, a year earlier.

  • *TSX ends down 71.86 points, or 0.47 percent, at 15,212.75. TORONTO, Feb 18- Canada's main stock index slipped on Wednesday, its first decline in six sessions, as shares of oil and gas companies were weighed down by the stalling momentum of a recent rally in the price of oil. "If the dollar backs off a little bit and crude oil continues to gain some traction at these prices,...

  • TORONTO, Feb 18- Canada's main stock index slipped on Wednesday as a recent rally in the price of oil began showing signs of losing momentum, weighing on energy producers' shares. Investors also followed news that Greece will submit a request to the euro zone to extend a "loan agreement" for up to six months. However, Germany said no such deal was in the works and Athens...

  • Feb 17- Saladworks LLC, which calls itself the largest U.S. franchised fresh salad chain, filed for bankruptcy on Tuesday to fend off litigation by Commerce Bancorp Inc founder Vernon Hill II, its minority shareholder. Commerce was sold in March 2008 to Toronto-Dominion Bank. Hill in March 2008 invested $7.75 million for a 30 percent equity stake, with founder...

  • NEW YORK, Feb 5- William Gerber, chief financial officer of TD Ameritrade Holding Corp for the last eight years, will receive a $2.5 million retirement package when he leaves the discount brokerage firm at the end of September, the company said in a quarterly regulatory filing on Thursday. Gerber, 56, began his career at TD Ameritrade in 1999 as director of finance...

  • UPDATE 1-Canada's RBC and BMO move to cut prime rates Tuesday, 27 Jan 2015 | 5:04 PM ET

    TORONTO, Jan 27- Royal Bank of Canada, the country's biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada's big banks to trim borrowing costs nearly a week after the central bank stunned markets with a rate cut. Canada's biggest banks, which also include Toronto-Dominion Bank, Bank of Nova Scotia,...

  • TORONTO, Jan 27- The Royal Bank of Canada, Canada's biggest lender, said on Tuesday it would cut its prime lending rate by 15 basis points, becoming the first of Canada's big banks to trim borrowing costs nearly a week after the central bank stunned markets with a rate cut. It is the first of Canada's big six banks to cut its prime lending rate in the wake of the Bank of...

  • *Falling copper prices weigh on First Quantum. TORONTO, Jan 5- Canada's main stock index recorded its biggest single-day percentage drop in about 20 months, tumbling nearly 2.5 percent on Monday, as a deepening selloff in oil prices hit shares of energy companies. Nine of the 10 main sectors on the Toronto equity index were trading in the red.

  • TORONTO, Dec 5- Shares of Bank of Nova Scotia and National Bank of Canada weakened after the lenders reported quarterly results on Friday, closing out an earnings season in which Canadian banks largely disappointed investors. National Bank of Canada, the country's sixth-largest lender, reported a higher profit largely in line with analysts' expectations, led...

  • TORONTO, Dec 4- Shares of Toronto-Dominion Bank and Canadian Imperial Bank of Commerce slid on Thursday after posting soft results in what is shaping up to be a disappointing fourth-quarter earnings season for Canadian lenders. TD Bank reported a weaker-than-expected profit, even as its revenue and earnings rose, and said it expects a more challenging...

  • TORONTO, Dec 4- Toronto-Dominion Bank reported a weaker-than-expected fourth-quarter profit on Thursday, even as its revenue and earnings rose, and said it expects a more challenging operating environment in 2015.. Canada's second-largest lender said its net income rose to C $1.75 billion, or 91 Canadian cents per share, in the fourth quarter ended Oct. 31, from...

  • TORONTO, Dec 4- Toronto-Dominion Bank reported a weaker-than-expected fourth-quarter profit on Thursday, even as its revenue and earnings rose, and said it expects a more challenging operating environment in 2015.. Canada's second-largest lender said its net income rose to C $1.75 billion, or 91 Canadian cents per share, in the fourth quarter ended Oct. 31, from...