|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||61.58 - 62.00|
|52 Week Range||54.66 - 62.00|
|PE Ratio (TTM)||14.01|
|Forward Dividend & Yield||2.07 (3.42%)|
|1y Target Est||N/A|
Millennials are optimistic about money. Despite student loan and credit card debt, they says the future looks bright. Yahoo Finance's Melody Hahm, Ethan Wolff-Mann, Andy Serwer and Dan Howley discuss.
Hormel, TD Bank, L Brands, Deutsche Bank, and Uber are the companies to watch.
May.07 -- Former Canadian Foreign Affairs Minister John Baird discusses the state of Nafta negotiations on "Bloomberg Markets."
Citigroup (NYSE:C) is having a fairly uneventful 2018 so far, at least as far as its stock goes. Since February, Citigroup stock has traded in a tight range between $65 and $75 per share. The Fed is steadily hiking interest rates while inflation has picked up, and the labor market is the strongest that it has been since the financial crisis.
If investors look north to the Toronto Stock Exchange, they can find undervalued, dividend-paying companies. One such name that I've long followed, but have never owned, is Toronto Dominion (TD). Toronto Dominion was originally known as the Bank of Toronto.
TORONTO—Toronto-Dominion Bank’s U.S. division helped drive profit higher in the company’s third quarter. The Toronto-based bank whose U.S. unit is among the 10 largest banks in the U.S. by assets, cited higher interest rates, increases in consumer and business loans and a reduction in U.S. tax rates for boosting its earnings. “The U.S. footprint is powerful,” said James Shanahan, an analyst with Edward Jones, based in St. Louis.
Toronto-Dominion Bank reported third-quarter profit which topped expectations, helped by a sharp rise in earnings from the United States, and said it is on the lookout for acquisitions. Net income, excluding one-off items, rose to C$3.13 billion ($2.42 billion) from C$2.87 billion a year earlier. Chief Financial Officer Riaz Ahmed said that gives the bank flexibility to invest in the business including making acquisitions.
Toronto-Dominion Bank posted a record quarter in the U.S., thanks to Americans who took out more loans and turned to the discount broker services of a bulked-up TD Ameritrade. The Canadian lender reaped C$225 million ($174 million) from its investment in the U.S. brokerage, which along with tax cuts and loan growth helped drive record profit of C$1.14 billion at its U.S. retail division, the Toronto-based bank said Thursday as it posted earnings that topped analysts’ estimates. “While TD came in ahead of expectations, it really was the strong contributions it received from TD Ameritrade that helped bolster earnings," Barclays Plc analyst John Aiken wrote in a note to clients.
Nine of the biggest banks won dismissal of a lawsuit claiming they rigged the market for bonds issued by government entities and institutions like the World Bank, after a judge said the investors who sued didn’t show how the alleged collusion caused them to pay higher prices for the securities. Investors in the market for supranational, sub-sovereign and agency debt -- often called SSA bonds -- sued almost a dozen banks in 2016, alleging they fixed prices that were quoted to clients, steered business to one another and shared confidential information with each other. U.S. District Judge Edgardo Ramos in New York tossed out the suit against the banks still remaining in the case -- Barclays Bank Plc, Credit Agricole SA, Citigroup Inc., Credit Suisse Group AG, HSBC Holdings Plc, Nomura Holdings Inc., Royal Bank of Canada, Toronto-Dominion Bank and BNP Paribas SA. In a ruling posted Tuesday, Ramos said the investors had failed to show how any specific transaction had harmed them.
Moody's has reviewed the following ABCP programs in conjunction with the proposed additions and amendments. At this time the additions and amendments, in and of themselves, will not result in any rating impact on the respective program's ABCP. Moody's does not believe they will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.
Moody's Investors Service ("Moody's) has taken various rating actions on the deposits, long-term debt and Counterparty Risk Assessments (CRAs) of The Toronto-Dominion Bank (TD), Bank of Montreal (BMO), ...
Moody's has reviewed the following ABCP programs in conjunction with the described amendments. At this time the amendments, in and of themselves, will not result in any rating impact on the respective program's ABCP. Moody's does not believe they will have an adverse effect on the credit quality of the securities such that the Moody's rating is impacted.
Moody's has reviewed the following ABCP programs in conjunction with the proposed additions and amendments. At this time the additions and amendments, in and of themselves, will not result in any rating impact on the respective program's ABCP.
Royal Bank’s pain is TD’s gain. Shares of Royal Bank of Canada are losing ground to its biggest rival, Toronto-Dominion Bank, which rose to a record on Wednesday. Toronto-Dominion’s returns more than doubled its Canadian competitor in the past year, eliminating the premium Royal Bank shares enjoyed for the better part of a decade.
The Toronto-Dominion Bank (NYSE:TD) delivered an ROE of 14.13% over the past 12 months, which is an impressive feat relative to its industry average of 8.48% during the same period.Read More...
Hormel (HRL) tops our list. The Hormel Bacon and Skippy peanut butter maker missed on earnings and revenue for its second quarter but reiterated its outlook for the rest of the year. Despite the miss, Hormel’s CEO noted record sales in its refrigerated foods division — with net sales up nearly 15% from a year ago.
Yahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.
A surge in business loans at Royal Bank of Canada and Toronto-Dominion Bank is helping lessen the sting of a mortgage slowdown. Royal Bank’s balances from Canadian business lending rose 22 percent to C$97.2 billion ($75.6 billion) in the fiscal second quarter from a year earlier, the Toronto-based lender said Thursday. Growth in that area, along with a 25 percent jump in wealth-management earnings, helped Royal Bank post profit that beat analysts’ estimates.
Find out if your bank is likely to be open on New Year's Day, MLK Day, President's Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving or Christmas.
Much of the new optimism could be attributed to the Tax Cuts and Jobs Act signed into law by President Donald Trump on Dec. 22, which reduced the corporate tax rate from 35 percent to 21 percent. With more money in their pockets, small business owners plan to grow their businesses but they still have some concerns about the future.
Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59 percent as government bond yields touched their highest levels since 2011 this week.