Stock Market & Financial Investment News

News For TD From The Last 14 Days Check below for free stories on TD the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 23, 2013 15:31 EDT TD Toronto-Dominion CEO says looking at permanent cost reductions Subscribe for More Information 15:23 EDT TD Toronto-Dominion says on course for 2H earnings to match 1H Says delivered $779M in earnings in U.S. dollars in the first half of year and "on course to match that level of earnings" in the second half. Says total Bank earnings grew 7% for the first half of the year, EPS grew 6% and company "working hard to get into the bottom of our 7 to 10% medium term target for adjusted EPS growth." Says operating environment in the U.S. "remains challenging," with low interest rates likely to keep margins under pressure for rest of this year and beyond. Says faces headwinds from slower loan growth in Canada and low interest rates globally. Comments from Q2 earnings conference call. 08:27 EDT TD Toronto-Dominion reports Q2 adjusted EPS C$1.90, consensus C$1.90 Subscribe for More Information 06:29 EDT TD TD intends to repurchase up to 12M common shares for cancellation TD Bank Group announced that, subject to the approval of the Office of the Superintendent of Financial Institutions Canada, or OSFI, and the Toronto Stock Exchange, it intends to launch a normal course issuer bid through the facilities of the TSX as well as through other designated exchanges and published markets in Canada to repurchase up to 12M of its common shares, representing approximately 1.3% of the common shares currently issued and outstanding. On May 21, there were 923,873,168 common shares issued and outstanding. TD will file a notice of intention with the TSX in this regard. As at April 30, the Bank's Common Equity Tier 1, Tier 1 and Total Capital ratios were 8.76%, 10.79% and 13.99% respectively. TD made the decision to launch the bid in light of its demonstrated ability to generate capital and has now allocated roughly $1B in capital for share repurchases under the bid. Sign up for a free trial to see the rest of the stories you've been missing.