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Toronto-Dominion Bank

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  • 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...

  • TD Bank misses 1Q profit forecasts Thursday, 26 Feb 2015 | 7:12 AM ET

    TORONTO _ The Toronto-Dominion Bank on Thursday reported fiscal first-quarter net income of $1.61 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share. Analysts expected $5.72 billion, according to Zacks.

  • 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...

  • For example, following its purchase of the RBS Sempra commodities business in mid-2010, JPMorgan Chase& Co sought Fed permission to trade a range of niche physical oil products such as asphalt, Canadian condensate and marine diesel. After it became clear that the Fed would not grant the request, JPMorgan withdrew it. "The decision of the Federal Reserve not to...

  • Nov 18- Canadian regulators are investigating traders' practice of circumventing domestic markets by sending stock orders to venues in United States in exchange for rebates, the Wall Street Journal reported. "But, in Canada, brokers are prohibited from paying them, and regulators there, including the Ontario Securities Commission, are exploring whether rule...

  • CANADA STOCKS-TSX climbs as resource prices rise Tuesday, 28 Oct 2014 | 4:56 PM ET

    TORONTO, Oct 28- Canada's main stock index rose more than 1 percent on Tuesday, with higher crude and other commodity prices helping boost energy and mining companies as investors returned to buying after a sharp sell-off in recent weeks. Suncor Energy Inc was the biggest positive driver, adding 2.2 percent to C $39, while Canadian Natural Resources Ltd gained...