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Thursday, December 4, 2014

Toronto-Dominion Bank reports weaker-than-expected profit, (NYSE: TD), (NYSE: TRI), (TSE: TRI.TO)

Toronto-Dominion Bank reported a weaker-than-expected fourth-quarter profit on Thursday, even as its revenue and earnings rose, and said it expects a more challenging operating environment in 2015. Canada's second-largest lender said its net income rose to C$1.75 billion, or 91 Canadian cents per share, in the fourth quarter ended Oct. 31, from C$1.62 billion, or 84 Canadian cents a share, a year earlier.Excluding special items, earnings were 98 Canadian cents a share. Analysts had expected C$1.05 per share, according to Thomson Reuters data.

The Toronto-Dominion Bank, is a Canada-based bank, offering a range of financial products and services through TD Canada Trust, TD Bank, TD commercial Bank, TD commercial Banking and TD Auto finance. Shares of TD traded higher by 0.52% or $0.26/share to $50.05. In the past year, the shares have traded as low as $42.62 and as high as $53.49. On average, 1186180 shares of TD exchange hands on a given day and today's volume is recorded at 1693518.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.55% or $0.22/share to $39.96. In the past year, the shares have traded as low as $33.21 and as high as $40.66. On average, 759369 shares of TRI exchange hands on a given day and today's volume is recorded at 481285.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.15% or $0.07/share to $45.42. In the past year, the shares have traded as low as $36.86 and as high as $46.50. On average, 719564 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 423569.



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