Canada: Toronto-Dominionâs Profit Rises 39%
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Toronto-Dominion Bank posted a 39 percent increase in fiscal third-quarter net income on higher profit throughout the company. For the period that ended July 31, the company posted net income of 1.1 billion Canadian dollars ($1 billion), or 1.53 Canadian dollars a share, compared with 796 million Canadian dollars, or 1.09 Canadian dollars a share, a year earlier. Revenue rose 11 percent, to 3.65 billion Canadian dollars, or about $3.43 billion.
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TORONTO (CP) - Canadian Tire reported a 17 per cent jump in quarterly earnings on Thursday, boosted by higher sales and improved business at the financial services business.
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Sears Canada Inc., the country&#39;s third-biggest department store chain, said third-quarter profit rose 4.5 percent, less than it expected, as sales of clothing were hurt by unseasonable weather.
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PARIS  - High oil prices helped Total SA's profit to jump 38 per cent in the third quarter, the French oil company said Wednesday, but production fell for the first time in four years.
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Profit at Tyco&#39;s electronics unit rose more than fourfold in the quarter as revenue climbed 15 percent on higher sales volume in automotive, communications, computer and consumer electronics.
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The company posted fourth-quarter profit of $414.9 million, helped by growth in emerging markets and the weaker dollar.
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Strong summer traffic on its trans-Atlantic flights helped boost Continental Airlinesâ profit by 15 percent in the second quarter.
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TD Ameritrade Holding Corp  on Thursday posted a higher quarterly profit as client assets grew and trading activity rose, prompting the discount brokerage to boost its 2008 profit forecast.
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Loblaw Cos. said third-quarter net income rose 19 percent as the company, Canada&#39;s largest supermarket chain, cut distribution costs and sold more of its profitable nonfood goods.
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Chicago Mercantile Exchange Holdings  Inc. CME.N on Tuesday said quarterly profit rose 89 percent  on strong derivatives volumes, especially for electronic  trading, and increased third-party processing revenues.
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Off-price retailer TJX Cos. on Wednesday said improvements in inventory, cost controls and marketing boosted its fourth-quarter profit by almost 47 percent.
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Air Canada expects to post stronger financial results for the third quarter, despite the impact of higher fuel costs on the airlines bottom line.
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The oilfield services provider said fourth-quarter profit rose almost 5 percent from a year ago, helped by growing business in the Eastern Hemisphere.
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Telecom Corp today reported its September first quarter net profit rose 19 per cent to $193 million. The profit bettered analysts&#39; average forecasts of $185m.
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Loews Corp., the conglomerate  controlled by the Tisch family, on Thursday said fourth-quarter  profit rose 37 percent, helped by investment gains at insurer  CNA Financial Corp., its largest business.
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The Toronto stock market was on positive ground this morning as energy stocks continued to benefit from record high oil prices that hit $53 (US) a barrel.
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Loews Corp., the conglomerate controlled by the Tisch family, on Thursday said fourth-quarter profit rose 37 percent, helped by investment gains at insurer CNA Financial Corp., its largest business.