TD
NYSE · Banking
Toronto-Dominion Bank
$122.65
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TD News30 articles
Micron Rallies 3.2% Ahead of Earnings, 86% Margin in Focus
Micron shares gained 3.2% to $1,076.98 on Tuesday, eight days before fiscal Q4 results. The company's 86% gross margin and $50 billion revenue guidance face a critical test on September 30.
Canada's C$500B Summit: Bank Financing Dominates Pledges
Canada's summit pledges C$500B, but C$325B is bank financing. TD, Scotiabank, BMO lead; Bell AI hub, Maple Fund included.
Canada's Mortgage Rate Gap: Fixed at 4.09% vs Variable at 3.30%
Canada's lowest advertised fixed mortgage rate is 4.09% versus 3.30% variable. The 79-basis-point gap costs fixed borrowers C$211/month more, but variable rates carry future risk.
Canadian Fixed Mortgage Rates Climb Despite BoC Hold; Bank Investors Eye Renewals
Fixed mortgage rates in Canada are rising due to higher bond yields, despite the Bank of Canada holding its policy rate at 2.25%. Banks face a mixed outlook as higher yields boost margins but volumes and credit risks loom.
BRP Shares Slide as US-Canada Trade Dispute Shifts to Import Bans
BRP Inc. shares dropped 2.22% after US imposed import bans on Canadian motorcycles over 800cc, affecting Can-Am Spyder. The trade war escalates from tariffs to market access restrictions.
TSX Drops 1.1% as Shopify, Financials Drag; Oil Rally Not Enough
The TSX fell 1.1% to 36,123, dragged by Shopify's 7.8% plunge and financial sector weakness, even as oil prices rallied.
TD Faces AML Cost Test as CEO Prepares Summit Remarks
TD shares fall 1.2% before CEO Raymond Chun's summit appearance, as investors weigh a US$550M AML bill against strong Q3 earnings and capital levels.
Fixed-Rate Mortgage Premium Widens as Bank of Canada Holds Rates
The gap between Canada's lowest fixed and variable mortgage rates widened to 79 basis points after the Bank of Canada held its policy rate, adding C$211 to monthly payments on a C$500,000 mortgage.
TD Bank's Record Quarter Puts Valuation Under Scrutiny
TD Bank reported a 21% rise in adjusted profit, lifting shares to C$166.75. The bank's valuation at 17.9 times earnings faces market scrutiny.
Scotiabank Hits Record Profit, ROE Exceeds Target, Shares Jump 5%
Scotiabank shares jumped 5% after record quarterly profit lifted adjusted ROE to 14.2%, above its 14% target and beating analyst forecasts. Revenue rose 11.1%.
Scotiabank Shares Slip 1.7% as Analyst Targets Signal Limited Upside Ahead of Q3
BNS shares dropped 1.68% to $86.22, with the average analyst target implying only 1.4% upside. Q3 results are due Aug 25.
AbCellera Shares Soar 37% on Promising Menopause Drug Data
AbCellera (ABCL) surged 37.5% after its menopause drug ABCL635 met all primary and secondary endpoints in a Phase 2 trial, reducing hot flash frequency by 83%.
Hormuz Tensions Could Pressure Gold and Silver Before Any Rally
Gold and silver may face headwinds from higher oil and rate expectations before any safe-haven boost from the Strait of Hormuz escalation. Key inflation data and Fed testimony loom.
TD Bank Trails TSX Despite $44B Rally Since April
TD Bank shares advanced in Toronto but trailed the broader TSX, which was lifted by metals stocks. The bank has added roughly C$44 billion in market value since its last quarter-end.
Scotiabank's Dividend Yield Premium Holds Ahead of Ex-Dividend Date
Scotiabank stock closed at C$122.39, yielding 3.73%—109 bps above the peer median—as it prepares to go ex-dividend on July 7 with a C$1.14 quarterly payout.
FFN Class A Shares Rise After Split, Preferreds Trade at Discount
FFN Class A shares rose 1.08% after a 110-for-100 split, while preferreds trade at C$10.73, below the C$10.90 offering price, with a yield near 7%.
RBC Shares Outpace Analyst Targets as ETF Weight Amplifies Moves
Royal Bank of Canada shares continue to trade near record levels, outpacing analyst price targets, as the bank's significant weighting in major ETFs magnifies its market influence.
RBC Shares Dip as OSFI Reduces Capital Buffer for Big Banks
Royal Bank of Canada shares slipped 0.36% as OSFI reduced the Domestic Stability Buffer to 3.0%, freeing capital for lending but not immediately boosting earnings.
TD Bank Hits 52-Week High After OSFI Cuts Capital Buffer
TD Bank shares hit a 52-week high after Canada's OSFI lowered the Domestic Stability Buffer to 3.0%, freeing up capital for lending. The stock rose 0.44% to C$169.38, but U.S. anti-money-laundering issues remain a key risk.
TD Bank Shares Surge to 52-Week Peak on Wholesale Earnings and Leadership Revamp
TD Bank shares rose to a 52-week high on record wholesale earnings and a leadership reshuffle at TD Securities, as the broader Canadian market also hit new highs.
RBC Shares Surge to 52-Week High Amid Mixed Toronto Market
RBC shares hit a 52-week high of C$277.09, closing up 1.24% at C$276.01, after Q2 net income of C$5.5 billion beat estimates, as the TSX slipped 0.2%.
TSX Advances as Tech and Gold Rally Mask Economic Weakness
Canada's S&P/TSX Composite gained 0.7% on Friday, closing May up 2.4% and near record highs, driven by tech and gold stocks despite weak GDP data.
CIBC Stock Dips Despite Strong Earnings and Caribbean Asset Sale
CIBC shares fell 5.5% despite beating Q2 profit estimates and announcing the sale of its Caribbean unit for about $1.6 billion.
Canadian Stocks Hit New High as Tech and Mining Rally Offsets Energy Slide
The S&P/TSX Composite Index reached a new closing record of 34,830.89, up 1%, as tech and mining stocks advanced, while energy shares declined on a near 7% drop in Brent crude.
RBC Stock Hits New 52-Week High Ahead of Q2 Earnings Report
Royal Bank of Canada shares hit a new 52-week high of C$265.10 on the TSX, driven by optimism ahead of its Q2 earnings release on May 28. The broader TSX also set a record, buoyed by hopes of U.S.-Iran talks.
BMO Shares Near Record as TSX Hits New High Ahead of Q2 Earnings
Bank of Montreal shares rose to a 52-week high on the TSX, nearing record levels ahead of its fiscal Q2 earnings report on May 27. The bank's dividend of C$1.67 is due May 26.
TD Bank Shares Hit 52-Week High Ahead of Q2 Earnings Report
TD Bank shares hit a 52-week high in Toronto ahead of its Q2 earnings report on May 28, with investors focused on margin pressure and US compliance costs.
RBC Shares Rise Ahead of Q2 Earnings Amid Analyst Divergence
RBC shares rose 1.46% to C$261.09 ahead of its May 28 fiscal Q2 earnings report, with analysts split on the bank's outlook.
Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers
U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.
TSX Set for Lower Open as Oil Spike Sparks Inflation, Recession Fears
Canada's main stock index is poised for a lower open Monday, with futures down 0.92%, after a surge in oil prices to multi-year highs intensified inflation and recession concerns, pressuring financial and mining sectors.