On Tuesday, Toronto-Dominion Bank (NYSE:TD)’s shares inclined 2.17% to $44.11.
TD Bank, America’s Most Convenient Bank®, and TD Ameritrade Holding Corporation (AMTD) declared the launch of the TD Ameritrade, Inc. Client Rewards credit card, a new high rewards card with flexible redemption options.
TD Ameritrade Client Rewards cardholders earn 1.5 percent rewards on purchases, redeemable for merchandise, gift cards, statement credits, cash and travel. Cardholders also have the option to earn an extra 10 percent in rewards by redeeming their points as cash into an eligible TD Ameritrade account.
Consumers across all 50 states can apply for the TD Ameritrade card online at tdbank.com/client rewards and tdameritrade.com/client rewards or by phone at 1-855-489-5689.
The TD Ameritrade card enables consumers to travel and shop confidently and securely, with the benefit of Visa travel and purchase protection, roadside dispatch, and a built-in microchip.1
The Toronto-Dominion Bank, together with its auxiliaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments. The Canadian Retail segment offers various financial products and services, in addition to telephone, Internet, and mobile banking services to about 15 million personal and small business customers through a network of 1,165 branches and 2,867 automated banking machines in Canada.
Deere & Company (NYSE:DE)’s shares gained 0.26% to $91.85.
Deere & Company (DE) Board of Directors declared a regular quarterly dividend of $.60 per share on common stock, payable August 3, 2015, to stockholders of record on June 30, 2015.
Deere & Company, together with its auxiliaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, counting large, medium, and utility tractors; loaders; combines, corn pickers, cotton and sugarcane harvesters, and related front-end equipment and sugarcane loaders; and tillage, seeding, and application equipment, counting sprayers, nutrient administration, and soil preparation machinery.
At the end of Tuesday’s trade, Urban Outfitters, Inc. (NASDAQ:URBN)‘s shares dipped -0.10% to $36.08.
Urban Outfitters, Inc. (URBN) a leading lifestyle specialty retail company operating under the Anthropologie, Bhldn, Free People, Terrain and Urban Outfitters brands, declared net income of $33 million for the three months ended April 30, 2015. Earnings per diluted share were $0.25 for the three months ended April 30, 2015.
Total Company net sales for the first quarter of fiscal 2016 raised 8% over the same quarter last year to a record $739 million. Comparable Retail segment net sales, which comprise our comparable direct-to-consumer channel, raised 4%. Comparable Retail segment net sales raised 17% at Free People, 5% at Urban Outfitters and 1% at the Anthropologie Group. Wholesale segment net sales rose 18%.
As of April 30, 2015, total inventories raised by $49 million, or 14%, on a year-over-year basis. The growth in total inventories is primarily related to an enhance in comparable Retail segment inventories and the acquisition of inventory to stock new and non-comparable stores. Comparable Retail segment inventories raised 8% at cost while decreasing 5% in units.
For the three months ended April 30, 2015, selling, general and administrative expenses, expressed as a percentage of net sales, raised by 13 basis points when contrast to the prior year period. The enhance was primarily due to raised marketing and technology expenses that were used to drive higher direct-to-consumer traffic.
The Company`s effective tax rate for the first quarter of fiscal 2016 was 35.6% contrast to 37.0% in the prior year period. The tax rate variance is due to state tax adjustments in the prior year quarter.
Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and Wholesale. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers. The company operates retail stores under the Urban Outfitters, Anthropologie, Free People, Terrain, and Bhldn brands.
Navient Corp (NASDAQ:NAVI), ended its Tuesday’s trading session with -0.84% loss, and closed at $18.90.
Navient Corp (NAVI) declared that Chief Financial Officer Somsak Chivavibul will present at the Barclays High Yield Bond and Syndicated Loan Conference at 2:45 MDT (4:45 p.m. EDT) on Thursday, June 11, 2015, in Colorado Springs, Colo.
A live audio webcast, together with any written materials or slides used during the presentation, will be accessible at navient.com/investors. A replay will be accessible about two hours following the presentation through June 25.
Navient Corporation provides financial products and services in the United States. The company operates in four segments: FFELP Loans, Private Education Loans, Business Services, and Other. It provides federal family education loan program (FFELP) loans and servicing for FFELP loan portfolio; and servicing and asset recovery services for loans on behalf of guarantors of FFELP loans, guaranty agencies, higher education institutions, the United States Department of Education, and other federal clients, in addition to states, courts, and municipalities.
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