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United States

Toronto-Dominion Bank (TD.TO)

TD.TO on Toronto Stock Exchange

69.55CAD
10 Dec 2018
Change (% chg)

$-0.28 (-0.40%)
Prev Close
$69.83
Open
$70.05
Day's High
$70.11
Day's Low
$69.37
Volume
6,375,143
Avg. Vol
3,095,155
52-wk High
$80.05
52-wk Low
$69.21

Latest Key Developments (Source: Significant Developments)

TD to issue bail-in bonds in first quarter of fiscal year -CFO
Thursday, 29 Nov 2018 07:00am EST 

Nov 29 (Reuters) - Toronto-Dominion Bank ::TD BANK CFO SAYS BANK IS LIKELY TO ISSUE 'BAIL-IN' BONDS IN FIRST QUARTER OF FISCAL YEAR.TD BANK CFO SAYS BANK EXPECTS MID-SINGLE DIGIT MORTGAGE SALES GROWTH IN 2019.TD BANK CFO SAYS BANK EXPECTS CONTINUED IMPROVEMENT IN NET INTEREST MARGIN IN 2019.  Full Article

TD Bank Group Comments On Expected Impact Of TD Ameritrade Holding Corp's Q4 Earnings
Monday, 22 Oct 2018 04:10pm EDT 

Oct 22 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP COMMENTS ON EXPECTED IMPACT OF TD AMERITRADE HOLDING CORP.'S FOURTH QUARTER EARNINGS.TD BANK GROUP - SEES TD AMERITRADE'S Q4 EARNINGS TO TRANSLATE INTO ABOUT C$235 MILLION REPORTED EQUITY IN NET INCOME OF INVESTMENT IN TD AMERITRADE FOR Q4.  Full Article

Toronto-Dominion Bank eyes U.S. acquisitions
Thursday, 30 Aug 2018 07:00am EDT 

Aug 30 (Reuters) - Toronto-Dominion Bank ::TORONTO-DOMINION BANK'S CFO SAYS ACQUISITION OPPORTUNITIES ON U.S. EAST COST WOULD BE ATTRACTIVE.  Full Article

Unifor Says Has Reached Out To Aeroplan & Air Canada For More Information On The Long-Term Implications Of Agreement To Purchase Aeroplan Business
Tuesday, 21 Aug 2018 05:10pm EDT 

Aug 21 (Reuters) - Air Canada ::UNIFOR SAYS HAS REACHED OUT TO AEROPLAN & AIR CANADA FOR MORE INFORMATION ON THE LONG-TERM IMPLICATIONS OF AGREEMENT TO PURCHASE AEROPLAN BUSINESS.  Full Article

Mittleman Brothers LLC Release Statement On Sale Of Aeroplan
Tuesday, 21 Aug 2018 11:04am EDT 

Aug 21 (Reuters) - Mittleman Brothers LLC::MITTLEMAN BROTHERS LLC STATEMENT ON SALE OF AEROPLAN.MITTLEMAN BROTHERS LLC SAYS SALE OF AEROPLAN FOR C$450 MILLION IN CASH "WAS THE BEST AVAILABLE OUTCOME FOR ALL AIMIA STAKEHOLDERS".MITTLEMAN BROTHERS LLC SAYS AEROPLAN SALE SHOULD LEAVE AIMIA INC. WITH JUST OVER C$1B IN CASH.  Full Article

Air Canada, Td, Cibc, Visa And Aimia Reach Agreement For Acquisition Of Aeroplan Loyalty Business
Tuesday, 21 Aug 2018 07:30am EDT 

Aug 21 (Reuters) - Aimia Inc ::AIR CANADA, TD, CIBC, VISA AND AIMIA REACH AGREEMENT IN PRINCIPLE FOR ACQUISITION OF AEROPLAN LOYALTY BUSINESS.AIMIA INC - PURCHASE PRICE CONSISTS OF $450 MILLION IN CASH AND ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY.AIMIA INC - PURCHASE PRICE INCLUDES ASSUMPTION OF APPROXIMATELY $1.9 BILLION OF AEROPLAN MILES LIABILITY..AIMIA - MITTLEMAN BROTHERS HAS PROVIDED LOCK-UP AND SUPPORT AGREEMENT UNDER WHICH HAS AGREED TO VOTE IN FAVOUR OF PROPOSED TRANSACTION.AIMIA INC - TRANSACTION SUBJECT TO NEGOTIATION OF DEFINITIVE AGREEMENTS AND OTHER CONDITIONS.AIMIA INC - AGREEMENT IN PRINCIPLE WAS UNANIMOUSLY APPROVED BY AIMIA'S BOARD OF DIRECTORS AND IS SUPPORTED BY MITTLEMAN BROTHERS.AIMIA INC - MITTLEMAN BROTHERS OWNS APPROXIMATELY 17.6% OF AIMIA'S COMMON SHARES.  Full Article

Mittleman Brothers Sends Open Letter To Board Of Aimia
Monday, 6 Aug 2018 11:59am EDT 

Aug 6 (Reuters) - Mittleman Brothers LLC::MITTLEMAN BROTHERS LLC - SENDS OPEN LETTER TO BOARD OF DIRECTORS OF AIMIA INC.MITTLEMAN BROTHERS SAYS IS AIMIA INC.'S LARGEST SHAREHOLDER WITH A 17.6% STAKE.MITTLEMAN BROTHERS-IF FAIR VALUE ISN'T "FORTHCOMING" FROM AIR CANADA-TD-CIBC-VISA GROUP,LET AEROPLAN PURSUE STRATEGY JEREMY RABE PREVIEWED ON JULY 20.MITTLEMAN BROTHERS - IF AIMIA CANNOT OBTAIN STAND-ALONE VALUE OF AEROPLAN, C$1B, MODEST CONTROL PREMIUM OF 20%, THEN WOULD PREFER AIMIA NOT SELL IT.MITTLEMAN BROTHERS SAYS AIMIA SHOULD NOT ACCEPT LESS THAN C$1 BILLION NET FOR ITS CORE ASSET.MITTLEMAN BROTHERS - POTENTIAL ONEWORLD AIRLINE ALLIANCE DEAL REVEALED ON AUG 1 & PORTER AIRLINES DEAL WOULD BOOST AEROPLAN VALUE BEYOND 2020.  Full Article

Aimia gives update on discussions with current partners regarding conditional acquisition of Aeroplan business
Thursday, 2 Aug 2018 08:09pm EDT 

Aug 2 (Reuters) - Aimia Inc ::UPDATE ON DISCUSSIONS WITH CURRENT PARTNERS REGARDING CONDITIONAL ACQUISITION OF AEROPLAN BUSINESS.ORIGINAL CURRENT PARTNER CONSORTIUM CASH CONSIDERATION WAS $250 MILLION, UPDATED TO $325 MILLION.AIMIA-ENGAGED IN CONSTRUCTIVE DISCUSSIONS WITH CURRENT PARTNERS, AIR CANADA, TORONTO-DOMINION BANK, CANADIAN IMPERIAL BANK OF COMMERCE, VISA CANADA CORP.AIMIA - AIMIA'S CURRENT PROPOSAL IS $450 MILLION, INCLUDING REVISED TERMS THAT REMOVE ALL UNCERTAINTY FROM DISCUSSIONS WITH CURRENT PARTNERS CONSORTIUM.HAS ENGAGED IN DISCUSSIONS WITH CURRENT PARTNERS REGARDING THEIR MOST RECENT UNSOLICITED OFFER TO ACQUIRE AEROPLAN LOYALTY PROGRAM BUSINESS.  Full Article

Td Bank Group To Acquire Greystone Managed Investments
Tuesday, 10 Jul 2018 09:00am EDT 

July 10 (Reuters) - Toronto-Dominion Bank ::TD BANK GROUP TO ACQUIRE GREYSTONE MANAGED INVESTMENTS INC..TORONTO-DOMINION BANK - TD WILL ACQUIRE GCMI FOR A NET PURCHASE PRICE OF $792 MILLION, SUBJECT TO CERTAIN ADJUSTMENTS.TORONTO-DOMINION BANK - NET PURCHASE PRICE COMPRISES $730 MILLION OF ENTERPRISE VALUE, SEED CAPITAL OF ABOUT $105 MILLION AND CERTAIN OTHER NET ADJUSTMENTS.TORONTO-DOMINION BANK - PROPOSED TRANSACTION IS EXPECTED TO REDUCE TD'S CET1 ON CLOSE BY LESS THAN 10 BASIS POINTS.TORONTO-DOMINION BANK - SHAREHOLDERS OF GCMI WILL RECEIVE 30% OF NET PURCHASE PRICE IN TD SHARES WITH REMAINING BALANCE PAYABLE IN CASH CONSIDERATION.TORONTO-DOMINION BANK - ABOUT $170 MILLION OF TD COMMON SHARES ISSUED TO EMPLOYEE SHAREHOLDERS IN RESPECT OF PURCHASE PRICE WILL BE ESCROWED FOR TWO YEARS.TORONTO-DOMINION BANK - PROPOSED TRANSACTION IS EXPECTED TO REDUCE TD'S CET1 ON CLOSE BY LESS THAN 10 BASIS POINTS.TORONTO-DOMINION BANK - GREYSTONE WILL OPERATE AND SERVE CLIENTS UNDER NAME TD GREYSTONE ASSET MANAGEMENT WHILE CONTINUING TO OPERATE OUT OF REGINA.TORONTO-DOMINION - GCMI SHAREHOLDERS TO HAVE ABILITY TO ELECT UP TO INCREMENTAL 20% OF NET PURCHASE PRICE IN TD SHARES, FOR MAXIMUM OF 50% TD SHARE CONSIDERATION.TORONTO-DOMINION BANK - TD EXPECTS TO RECOGNIZE GOODWILL AND INTANGIBLES OF APPROXIMATELY $550 MILLION ON TRANSACTION.TORONTO-DOMINION BANK - TD EXPECTS TO RECOGNIZE GOODWILL AND INTANGIBLES OF APPROXIMATELY $550 MILLION ON TRANSACTION.  Full Article

TD Bank Sets Quarterly Dividend Of C$0.67Per Share
Thursday, 24 May 2018 06:31am EDT 

May 24 (Reuters) - Toronto-Dominion Bank ::SETS QUARTERLY DIVIDEND OF C$0.67PER SHARE.  Full Article

Customers say TD Bank’s multiple NSF fees breached contract, good faith duty

New Jersey-based TD Bank has been hit with a proposed class action accusing it of charging customers unwarranted fees for overdrawn accounts by resubmitting transactions for payment when it knows customers do not have enough money to cover them.