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Toronto-Dominion Bank (NYSE:TD) reported quarterly earnings of $1.98 per share which beat the analyst consensus estimate of $1.74 by 13.79 percent. This is a 23.75 percent increase over earnings of $1.60 per share from
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Irving Forest Products is undertaking a modernization project at its Ashland Sawmill in Maine that will double annual lumber production capacity from 130 million to 250 million board feet. The project, supported by $112.9 million in combined federal and state New Markets Tax Credit allocations, is expected to create and retain 220 permanent full-time jobs while strengthening the regional forest products economy.
Premium Income Corporation announced the establishment of an at-the-market (ATM) equity program effective until October 2, 2028, allowing the Fund to issue up to $250 million in Class A and Preferred Shares through the TSX at prevailing market prices. The program replaces a prior ATM program from August 2024 and will be managed by National Bank Financial Inc. Proceeds will be used according to the Fund's investment objectives, which focus on Canadian bank equities.