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Latest TD News From Around the Web
Below are the latest news stories about Toronto Dominion Bank that investors may wish to consider to help them evaluate TD as an investment opportunity.
Royal Bank of Canada will allow most employees to keep working from home into 2021, although a "very small number" of staff in the greater Toronto area may return to workplaces in mid- to late- September, according to an internal memo seen by Reuters on Thursday. "Plans may vary across businesses and functions depending on the nature of the work," Helena Gottschling, chief human resources officer at Canada's biggest lender, said in the memo. The bank will provide at least four weeks notice to employees returning to workplaces, Gottschling said.
TDAM continues to refine its investment fund line-up to provide investors with more features and flexibility, including new U. dollar purchase options, series extensions, a pricing reduction, name changes and updates to certain investment funds' risk ratingsTORONTO, July 29, 2020 /CNW/ - TD Asset Management Inc.
No one gets more from either CERB or EI during the 2020 pandemic. However, the Toronto Dominion Bank stock can provide Canadians with a more permanent financial relief. The post $2,000 CERB or EI: Which Should You Choose? appeared first on The Motley Fool Canada .
Most Small Businesses Project Revenue Decreases Due to COVID-19 Despite Nearly Half Avoiding Forced Closures, TD Bank Survey Shows
More than half (58%) of small business owners (SBOs) report they expect their revenue to decrease in 2020, even though 47% stated they did not have to close for any amount of time during the COVID-19 pandemic, according to results of TD Bank's Small Business Recovery Survey released today by TD Bank, America's Most Convenient Bank®. Conversely, just 16% of SBOs expect to see any increase in revenue in 2020, while 26% project it will stay the same.
Custodial Receipts (TD Bank), Custodial Receipts, Series 2020-13A -- Moody's assigns enhanced Aa1 to Custodial Receipts (TD Bank), Custodial Receipts Series 2020-13A
Moody's Investors Service (Moody's) has assigned a Aa1 enhanced rating to Custodial Receipts (TD Bank), Custodial Receipts, Series 2020-13A evidencing beneficial ownership of Public Finance Authority Health Care Facilities Revenue and Refunding Revenue Bonds (Blue Ridge HealthCare) Series 2020A (the Bonds). The rating is based upon joint default analysis (JDA), which reflects Moody's approach to rating jointly supported transactions.
(Bloomberg) -- Toronto-Dominion Bank’s stake in TD Ameritrade Holding Corp. will help cushion the earnings blow from the coronavirus pandemic.Toronto-Dominion expects its investment in the U.S. brokerage to add C$328 million ($244 million) to its fiscal third-quarter earnings when the Toronto-based bank reports results next month, according to a statement Tuesday. That’s a record quarterly contribution in the 14 years since Toronto-Dominion sold its U.S. brokerage and received part of the combined TD Ameritrade.Earlier Tuesday, TD Ameritrade, which is being purchased by Charles Schwab Corp., reported third-quarter adjusted earnings that beat the highest analyst estimate thanks to a retail trading boom seen across electronic brokerages during the pandemic. Toronto-Dominion, which owns ab...
TD Bank Group will release its third quarter financial results and host an earnings conference call on August 27, 2020. Conference call and audio webcast details will be announced closer to that date.
(Bloomberg) -- Canadian retail sales have rebounded sharply after historic declines in March and April, with vendors making up almost all of their pandemic losses, Statistics Canada reported Tuesday.Receipts rose 19% in May, the agency said in its first full release for the month. June looks to have recorded another strong gain, with a flash estimate predicting another 25% increase. That would bring sales last month to about 100% of February levels, according to Bloomberg calculations.The report confirms Canadian consumers are emerging from nationwide lockdowns with pent up demand and keen to spend. At issue is whether the sharp rebound will be sustained in coming months. Policy makers have warned a full rebound in consumer confidence could take years.“At the moment, sales are still bei...