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Stocks in play: TD Bank Group

Baystreet.ca - Baystreet - Tue Apr 16, 8:46AM CDT

Announced today that it expects The Charles Schwab Corporation's first quarter earnings to translate into approximately CDN $194 million of reported equity in net income of an investment in Schwab for the Bank's fiscal 2024 second quarter. Excluding acquisition-related charges of approximately CDN $5 million after-tax and amortization of acquired intangibles of approximately CDN $30 million after-tax, adjusted equity in net income of an investment in Schwab will be approximately CDN $229 million. TD Bank Group will release its second quarter financial results and host an earnings conference call on May 23. TD Bank Group shares T.TD are trading down $0.23 at $77.71.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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