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Thursday 6 August 2015
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Friday’s Trade Stocks Roundup: Toronto-Dominion Bank (NYSE:TD), Amphenol Corporation (NYSE:APH), Trina Solar Limited (ADR) (NYSE:TSL)

On Friday, Shares of Toronto-Dominion Bank (NYSE:TD), dropped -0.61% to $42.33.

Talking about money on a regular basis may be the key to a happy relationship, according to research released by TD Bank, America’s Most Convenient Bank. The bank polled 1,339 Americans that are either married, engaged or in relationships to explore the impact finances have on relationships.

The TD Bank Love & Money Study revealed that couples who regularly talk about money are happier in their relationships than those who talk about finances less frequently. Among respondents who said they talk about money at least once per week, 42 percent described their relationship as “extremely happy,” contrast with 27 percent of those who talk about money less than once per month and 38 percent of all respondents.

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.

Shares of Amphenol Corporation (NYSE:APH), dipped -0.80% to $56.99.

Amphenol Corporation, declared that it has reached exclusive negotiations and has made a binding offer to acquire 100% of the shares of FCI Asia Pte Ltd (FCI) for $1.275 billion (subject to a closing adjustment). FCI is a global leader in interconnect solutions for the telecom, datacom, wireless communications and industrial markets. FCI, headquartered in Singapore and owned by associates of Bain Capital, is predictable to have 2015 sales and an adjusted EBITDA margin of about $600 million and 20%, respectively. FCI employs about 7,400 people worldwide.

“We are extremely happy by the prospect of adding FCI and their talented employees to the Amphenol family,” said R. Adam Norwitt, Amphenol’s President and CEO. “FCI has enormous technological capabilities in the development of high-speed, input-output, power and miniaturized interconnect products. FCI’s strong offering will allow us to deliver a much wider range of high technology solutions to our respective customers in a broad array of end markets. In addition, we are excited about the possibilities created by the combination of Amphenol’s strong operating discipline and FCI’s advanced technologies and look forward to working together with FCI’s practiced administration team to drive superior operating performance in the future. Compriseent with our acquisition strategy and assuming a continuation of current economic conditions, we expect the FCI acquisition to be accretive to earnings per share in the first year post acquisition, not taking into account acquisition related costs.”

Amphenol Corporation, together with its auxiliaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions.

Finally, Trina Solar Limited (ADR) (NYSE:TSL) , gained 0.09% $11.53.

Trina Solar Limited, declared that it will hold its 2015 annual general meeting of shareholders on August 4, 2015, at 9:00 a.m. (Beijing Time). The meeting will be held at the board room, Changzhou Trina Solar Energy Co., Ltd., No. 2 Tian He Road, Electronics Park, New District, Changzhou, Jiangsu, People’s Republic of China. All shareholders of record as of June 30, 2015 will be eligible to vote and are invited to attend. The following resolutions are to be considered and passed, if thought fit, at the meeting:

  1. Re-election of Mr. Sean Shao as a director of the Company;
  2. Re-election of Mr. Zhiguo Zhu as a director of the Company; and
  3. Appointment of KPMG as an auditor of the Company to audit the accounts of the Company for the fiscal year ending December 31, 2015 and that the board of directors or the audit committee of the board of directors of the Company shall fix the fee for KPMG.

Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions.

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