News for Toronto-Dominion Bank (TDB.SG)

Half of businesses say they do not know how long they can keep operating at their current level of revenue

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(RTTNews) - The Canadian stock market, which opened on a buoyant note Monday morning, remains high up in positive territory in early afternoon tra...

The Toronto-Dominion Bank (NYSE:TD) Q1 2021 Earnings Conference Call February 25, 2021 1:30 PM ET Company Participants Gillian Manning - VP & Head of IR Ajai Bambawale - Chief Risk...

Toronto-Dominion Bank said it will close 82 bank branches in the U.S. as part of a “store optimization” in its American unit, where net income dropped in the fiscal first quarter.

Also in the news today, Lady Gaga’s dog walker was shot and two of her pets stolen during an armed robbery in Hollywood

(RTTNews) - After moving up marginally at the start, the Canadian stock market tumbled Thursday morning, weighed down by losses in healthcare, mat...

All of Canada's top lenders managed to surpass earnings in the quarter

Toronto-Dominion Bank and Canadian Imperial Bank of Commerce closed out quarterly results reporting on Thursday, joining major rivals in beating expectations, thanks to much lower provisions for loan losses and trading strength even as their retail businesses posted muted growth or declines.

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Papa John’s International delivered lower-than-expected earnings in the fourth quarter. Meanwhile, shares of Papa John’s fell 7.4% in pre-market trading as the company posted earnings per share (EPS) of $0.40 during the fourth quarter, which were behind analysts’ expectations of $0.46. That said, revenue increased 12.5% year-on-year to $469.8 million, topping analysts’ estimates of $465.7 million. The increase in 4Q revenues was primarily attributable to higher comparable sales for North America restaurants, which saw 10.2% growth in company owned restaurants and 14.5% growth in franchised restaurants. Papa John’s (PZZA) international sales also increased on the back of higher commissary revenues and royalties resulting from comparable sales growth of 21.4%. For fiscal 2020, the company generated sales of $1.81 billion, up 12% from 2019. Diluted earnings per share came in at $1.40, versus $0.03 in the comparable year-ago period. Papa John’s President and CEO Rob Lynch said, “4Q was the third consecutive quarter of double-digit comparable sales growth and the sixth straight quarter of positive comparable sales in North America. We ended the year with the launch of Epic Stuffed Crust, the biggest product innovation in the company’s history, and our future is extremely bright.” In light of ongoing uncertainity about the future impact from the COVID-19 pandemic, Papa John’s did not provide any guidance. (See Papa John’s stock analysis on TipRanks) On Feb. 23, Deutsche Bank analyst Brian Mullan raised the price target to $110 (7.2% upside potential) from $91 and reiterated a Buy rating. Mullan believes the outlook for Papa John’s shares from here is favorable with a 12-month view. Turning to Wall Street, Papa John’s has a Strong Buy consensus rating based on 8 Buys and 1 Hold. The average analyst price target of $111.13 implies about 8.3% upside potential from current levels. Papa John’s stock has seen a runup of about 50% over the past year. Related News: Fisker Inks MOU With Foxconn To Develop EV; Shares Pop 22% Pre-Market Upwork Posts Better-Than-Expected 4Q Results; Shares Pop 18.7% After-Hours Nvidia Posts Better-Than-Expected 4Q Earnings; Street Remains Bullish More recent articles from Smarter Analyst: Jumia 4Q Revenues Miss Estimates, Losses Narrow To €40M Radian Group’s 4Q Earnings Beat Estimates; Street Sees 29% Upside Moderna Plans To Increase Supply Capacity For COVID-19 Vaccine; Shares Spike 5% Bilibili’s 4Q Sales Beat Analysts’ Estimates; Shares Rise 3.8%

Companies Reporting Before The Bell • PG&E (NYSE:PCG) is likely to report quarterly earnings at $0.23 per share on revenue of $4.78 ...

Also in the news today, two charges dropped against Bruce Springsteen, whose blood-alcohol level was below the state’s limit

Canada's recovery may lag its southern neighbour by up to six months

Before 10 a.m. ET on Tuesday, 267 companies hit new 52-week highs. Points of Interest: The largest company by market cap to break to a new ...

Friday morning saw 331 companies set new 52-week highs. Things to Consider: The largest company by market cap to break to a new 52-week high ...

TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Prime Dividend Corp. (The 'Company') declares its monthly distribution of $0.04583 for each Class A s...

(RTTNews) - The Canadian stock market came off the session's lows on Friday, but still finished on a negative note as several shares from the ener...

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- (TSX:LBS, LBS.PR.A)) ...