|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||11.57|
|Earnings Date||Feb 28, 2019|
|Forward Dividend & Yield||2.68 (3.84%)|
|1y Target Est||85.60|
TORONTO , Dec. 10, 2018 /CNW/ - The Toronto-Dominion Bank (TD) (TD.TO) announced today that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions Canada (OSFI) have approved TD's amended normal course issuer bid. As previously announced, the purpose of the amendment is to increase the number of common shares that TD may repurchase from 20 million to 40 million. This increase represents approximately 1.1% of the 1, 845,631,873 common shares issued and outstanding as of March 31, 2018 . TD has completed the purchase of 20 million common shares for cancellation since the commencement of its current normal course issuer bid.
“The gradual path of increases in the federal funds rate has served us well by giving us time to assess the effects of policy as we have proceeded,’’ Brainard said Friday at a conference in Washington. Fed officials have left little doubt that they intend to raise the benchmark lending rate range a quarter point later this month. Brainard continued to make that point, deflecting a softer-than-expected November payroll report earlier on Friday to focus on the underlying trend of job creation over the past three months, which she called “well above’’ the pace necessary to absorb new entrants.
Nonfarm payrolls rose 198,000, according to the median of estimates in Bloomberg’s survey of economists before the Labor Department releases its monthly employment report Friday at 8:30 a.m. in Washington. Economists also project average hourly earnings will post a solid 3.1 percent gain from a year earlier. Such a pace would match October’s increase, which was the fastest since 2009.
Two-thirds of Americans will not finance any of their holiday purchases MT. LAUREL, N.J. , Dec. 6, 2018 /PRNewswire/ -- Every year consumers flock to stores with one goal in mind: finding the perfect presents ...
The Ottawa-based central bank held its overnight benchmark rate at 1.75 percent, reiterating it expects to eventually remove all monetary stimulus from the economy. The less-confident tone is an acknowledgment of growing risks, particularly in the oil sector, to what has largely been a strong expansion, casting doubt on whether the economy can cope with higher borrowing costs. Canada’s government bonds rallied and the loonie tumbled as traders repriced odds of a January hike.
“With the yield curve flattening driven by weakness in the long end, TLT has staged a comeback, rallying off a double bottom and moving above its 200-day moving average,” said Josh Lukeman, head of ETF market making for the Americas at Credit Suisse Group AG. The shift in the market’s view has picked up speed this week, with a section of the U.S. Treasury yield curve having just inverted for the first time in more than a decade.
While the Federal Reserve is widely expected to proceed with another quarter-point interest-rate increase in two weeks, overnight index swaps are pricing in just 16 basis points of tightening by the BOC’s Jan. 9 meeting, down from 27 basis points less than a month ago. Investors around the world are paring back expectations for policy tightening in the new year amid signs global growth is flagging. In Canada, tepid third-quarter GDP figures along with subdued oil prices are giving market participants reason to wager on a potential BOC pause.
The spread between 3- and 5-year yields fell to negative 1.4 basis points Monday, dropping below zero for the first time since 2007, and the 2- to 5-year gap soon followed. Longer-maturity bonds rallied sharply, flattening the long-end of the yield curve. The U.S. 10-year slipped another 3 basis points to 2.94 percent, dropping below the 200-day moving average for the first time this year.
Cumberland Trust & Investment Co. is the corporate trustee for roughly $3.3 billion in assets across the country, with clients spread across 48 states.
TORONTO , Dec. 3, 2018 /CNW/ - TD Bank Group ('TD') today announced the launch of the TD Wealth Management for Health Care Practitioners service – a wealth management program supported by a team of dedicated senior private bankers, specialized investment managers, financial planners and commercial lending specialists with a deep understanding of the unique financial needs and challenges faced by those dedicated to caring for others. "We understand medical and health care professionals have unique financial needs, and it can benefit those professionals and their families to work with a specialized team of banking, investment, commercial banking and wealth advisory services to help achieve their financial and life goals," says Dave Kelly, TD Senior Vice President for Private Wealth Management.
Palladium, used as an autocatalyst in gasoline-fueled vehicles, climbed to a record for a fourth time this month as users of the precious metal compete for limited supply. Investors continue to pull the commodity from exchange-traded funds, taking holdings to the smallest in almost a decade. “This is a very tight market, there’s not enough supply for the number of buyers right now,” Daniel Ghali, strategist at TD Securities in Toronto, said in a telephone interview.
The Toronto-Dominion Bank (TSE:TD) is a large-cap stock operating in the financial services sector with a market cap of CA$135b. As major financial institutions return to health after the Global Read More...
Bond and money market traders around the world are reassessing the pace of tightening amid signs global growth is sputtering. Traders were cutting back bets on Federal Reserve hikes in 2019 even before dovish remarks from Chairman Jerome Powell opened the door for a potential pullback next year. Minutes from the Fed’s meeting earlier this month also set the stage for more flexibility.
Russia wants more predictability and “smooth price dynamics” in world crude markets, Deputy Foreign Minister Sergei Ryabkov said in an interview in Argentina. The remarks presaged a G-20 summit where Russia’s Vladimir Putin and Saudi Arabia’s Mohammed bin Salman are expected to discuss oil supplies ahead of a broader meeting of top petroleum exporters next week. West Texas Intermediate crude has fallen 21 percent this month, on track for its its worst monthly showing in a decade.
Canada’s largest lender by assets had a 44 percent jump in earnings from the U.S. retail segment in the fiscal fourth quarter, helped by improving net interest margins, record contributions from its stake in the TD Ameritrade brokerage and the federal tax overhaul, the bank said Thursday in a statement. Profit from U.S. retail rose to C$1.11 billion ($840 million), outpacing the 4.6 percent growth in Canadian retail and 24 percent gain in wholesale banking.
Let’s talk about the popular The Toronto-Dominion Bank (TSE:TD). The company’s shares saw significant share price volatility over the past couple of months on the TSX, rising to the highs Read More...
TORONTO , Nov. 29, 2018 /CNW/ - TD Bank Group (TD) (TD.TO) announced today that, subject to the approval of the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX), it intends to amend its existing normal course issuer bid to increase the number of common shares that it may repurchase for cancellation from 20 million common shares to 40 million common shares. This represents approximately 2.2% of the common shares currently issued and outstanding. To date, TD has completed the purchase for cancellation of 20 million common shares since the commencement of its normal course issuer bid. On October 31, 2018 , there were 1,830,396,240 common shares issued and outstanding. TD's current normal course issuer bid commenced on April 24, 2018 and continues until April 12 , 2019. Repurchases will continue to be made through the facilities of the TSX as well as through other designated exchanges and alternative trading systems in Canada in accordance with applicable regulatory requirements. The price paid for such repurchased shares will be the market price of such shares at the time of acquisition or such other price as may be permitted by the TSX. All repurchased shares will be cancelled.
Toronto Dominion Bank (NYSE: TD ) announces its next round of earnings this Thursday, Nov. 29. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement. Earnings and Revenue Toronto ...
/R E P E A T -- Media Advisory - TD Bank Group to release fourth quarter financial results/
The Toronto-Dominion Bank (TSE:TD) has pleased shareholders over the past 10 years, by paying out dividends. The company is currently worth CA$131b, and now yields roughly 3.8%. Let’s dig deeper Read More...
TD Capital Trust III Announces Redemption of TD Capital Trust III Securities - Series 2008
TORONTO , Nov. 26, 2018 /CNW/ - The Toronto-Dominion Bank ("TD") and Air Canada today announced the finalization of a long-term loyalty program agreement (the "Loyalty Agreement"). Under the terms of the Loyalty Agreement, TD will become the primary credit card issuer for Air Canada's new loyalty program when it launches in 2020 through to 2030.