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Toronto-Dominion Bank

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  • TORONTO, May 28- Royal Bank of Canada, the country's top lender, posted a better-than-expected quarterly profit on Thursday, helped by strength in its domestic banking and capital markets divisions. RBC has been expanding its U.S. wealth management business and launched a $5.4 billion bid in January for Los Angeles- based City National Corp. City National said...

  • TORONTO, May 28- Toronto Dominion Bank posted a quarterly profit that beat market expectations on Thursday, driven by strong growth in its Canadian retail and wholesale businesses. The results follow bullish quarterly numbers from Royal Bank of Canada, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada, which reported...

  • TORONTO, May 28- Toronto Dominion Bank posted a quarterly profit that topped market expectations on Thursday, driven by solid growth in its Canadian retail business. Net income was $1.86 billion, or 97 Canadian cents a share, for the second quarter ended April 30, compared with C $1.99 billion, or C $1.04 a share, a year ago. Excluding special items, earnings rose to C...

  • NYC approves skyscraper in exchange for transit hub work Wednesday, 27 May 2015 | 4:11 PM ET

    NEW YORK— City officials cleared the way on Wednesday for construction of a new, 65- story Manhattan skyscraper after the developer made an unusual tradeoff: a promise to make sweeping upgrades to nearby Grand Central Terminal that would allow more rush-hour trains on the subway's busiest lines. In exchange for getting more square footage, developer SL Green...

  • OTTAWA, May 27- The Bank of Canada held its key interest rate at 0.75 percent on Wednesday, largely shrugging off a weak U.S. economy in the first quarter, and said solid U.S. growth this quarter should help Canadian exports and business investment. The market had widely expected bank Governor Stephen Poloz to keep the benchmark rate steady, but some analysts had...

  • TORONTO, May 26- Toronto Dominion Bank said on Tuesday it will acquire Nordstrom's U.S. consumer credit card portfolio as the Canadian bank looks to use its strong balance sheet to expand its lending business in the United States. But under the terms, Nordstrom will receive a large slice of net revenue generated by the credit card accounts. Nordstrom's U.S. credit...

  • WASHINGTON— The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy. Builders broke ground on homes last month at the fastest pace in more than seven years. "If you're willing to buy a house, that speaks volumes about your confidence, job prospects and economic fortunes going forward," said Michael Dolega, a senior economist at TD Bank.

  • 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...