On Monday, Shares of Toronto-Dominion Bank (NYSE:TD), lost -0.28% to $41.15.
Toronto-Dominion Bank, declared a domestic public offering of Non-Cumulative Fixed Rate Preferred Shares (non-viability contingent capital (NVCC)), Series 11 (the “Series 11 Shares”).
TD has reached a contract with a group of underwriters led by TD Securities Inc. to issue, on a bought deal basis, 6 million Series 11 Shares at a price of $25.00 per share to raise gross proceeds of $150 million .TD has also granted the underwriters an option to purchase, on the same terms, up to an additional 2 million Series 11 Shares. This option is exercisable in whole or in part by the underwriters at any time up to two business days preceding to closing of the offering.
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.
Shares of Legg Mason Inc (NYSE:LM), declined 0.04% to $49.36, during its last trading session.
Legg Mason, stated preliminary assets under administration of $699.2 billion as of June 30, 2015. This month’s AUM comprised of preliminary long-term outflows of $0.5 billion, reflecting equity outflows of $0.5 billion. Liquidity inflows were $1.1 billion. This month’s AUM comprised of $1.5 billion in positive foreign exchange impact.
Legg Mason, Inc. is a publicly owned asset administration holding company. The firm provides investment administration and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned auxiliaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.
At the end of Monday’s trade, Shares of Dollar Tree, Inc. (NASDAQ:DLTR), gained 2.04% to $82.11.
Dollar Tree, declared that it has accomplished the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise.
“We are happy to declare we have accomplished our acquisition of Family Dollar and we formally welcome the Family Dollar team to the Dollar Tree organization,” stated Bob Sasser, Chief Executive Officer. “This is a transformational opportunity for our business to offer broader, more compelling merchandise assortments, with greater values, to a wider array of customers. This acquisition will extend our reach to low-income customers, while strengthening and diversifying our footprint. We plan to leverage best practices across both organizations to deliver noteworthy cost synergies. Combined, our growth potential is improved with improved opportunities to enhance store productivity and to open more stores across multiple banners.”
Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise at the fixed price of $1.00. The companys stores provide consumable merchandise, which comprises candy and food, and health and beauty care products; and everyday consumables, such as paper and chemicals, and frozen and refrigerated food.
Finally, Senior Housing Properties Trust (NYSE:SNH), ended its last trade with 0.28% gain, and closed at $17.99.
Senior Housing Properties Trust, declared a regular quarterly common share dividend of $0.39 per common share ($1.56 per share per year). The next quarterly dividend will be paid to common shareholders of record as of the close of business on July 24, 2015 and distributed on or about August 20, 2015.
Senior Housing Properties Trust is a real estate investment trust, or REIT, which owns senior living communities, medical office buildings and wellness centers throughout the United States. SNH is headquartered in Newton, MA.
Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties.
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