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TD Bank Group reports $3.8B Q2 profit, up from $3.7B a year ago

TORONTO — TD Bank Group reported its second-quarter net income totalled $3.81 billion, up from $3.70 billion in the same quarter last year. The bank said Thursday the profit for the quarter ended April 30 totalled $2.07 per diluted share, up from $1.

RBC reports Q2 profit rises to $4.25B, raises quarterly dividend

TORONTO — Royal Bank of Canada raised its quarterly dividend as it reported its second-quarter net income rose to $4.25 billion compared with $4.02 billion in the same quarter last year.

CIBC reports Q2 profit down from year ago, raises quarterly dividend

TORONTO — CIBC raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago. The bank said Thursday it will now pay a quarterly dividend of 83 cents per share, up from 80.5 cents per share. CIBC earned $1.
China wants 10 Pacific nations to endorse sweeping agreement

China wants 10 Pacific nations to endorse sweeping agreement

WELLINGTON, New Zealand (AP) — China wants 10 small Pacific nations to endorse a sweeping agreement covering everything from security to fisheries in what one leader warns is a “game-changing” bid by Beijing to wrest control of the region.
Twitter shareholders meet amid Elon Musk's takeover drama

Twitter shareholders meet amid Elon Musk's takeover drama

Twitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform.
Unionized Starbucks stores face hard work of bargaining

Unionized Starbucks stores face hard work of bargaining

It’s become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores.
Twitter to pay $150M penalty over privacy of users' data

Twitter to pay $150M penalty over privacy of users' data

WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span.
Boeing capsule lands back on Earth after space shakedown

Boeing capsule lands back on Earth after space shakedown

CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,383.75, up 97.55 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 25 cents, or 1.1 per cent, to $22.
Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios

Scotiabank, BMO report higher loan growth while ramping up stress-test scenarios

TORONTO — BMO and Scotiabank both reported higher loan growth and profits in the last quarter from a year ago and said commercial and consumer demand remains strong despite growing worries about the economy.