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Stock Market & Financial Investment News

News Breaks
January 4, 2013
09:23 EDTTD, EPHCEpoch Investment announces assets under management of $24.5B
Epoch Investment Partners (EPHC) announced that its assets under management were approximately $24.5B as of December 31, 2012, an increase of 1% from $24.2B as of September 30, 2012. Aspreviously announced on December 6, 2012, Epoch Holding Corporation entered into a merger agreement with The Toronto-Dominion Bank (TD) whereby Epoch will become an indirect wholly-owned subsidiary of TD. This transaction, which is subject to the approval of Epoch's stockholders and satisfaction of other customary closing conditions, is expected to close in the first half of 2013.
News For EPHC;TD From The Last 14 Days
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August 27, 2015
06:34 EDTTDTD Bank reports Q3 adjusted EPS C$1.20, C$1.18
Reports Q3 revenue C$8.01B, consensus C$7.36B. Canadian Retail delivered net income of $1.6 billion, an increase of 11% over the third quarter last year on a reported basis, and 8% over the third quarter last year on an adjusted basis. Earnings were primarily driven by good loan, deposit, and wealth asset volume growth and very strong insurance earnings. U.S. Retail reported net income for the third quarter was US$543 million and adjusted net income was US$524 million. Excluding the Bank's investment in TD Ameritrade, the segment generated adjusted net income of US$450 million, in line with the third quarter last year. The results reflect strong loan and deposit growth, and disciplined expense management, partially offset by lower margins and normalizing credit losses. TD's Common Equity Tier 1 Capital ratio on a Basel III fully phased-in basis was 10.1%, compared with 9.9% last quarter.
August 14, 2015
11:08 EDTTDNordstrom, J.C. Penney shares rise after better-than-expected Q2 earnings
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