TD Bank Stock Slips as $3B Penalty Hits Profits

Key TakeawaysTD Bank shares fell Thursday after the bank's fourth-quarter profits fell short of analyst projections, leading the bank to suspend several medium-term growth goals.Revenue and net interest income beat estimates.In October, the bank agreed to pay a fine north of $3 billion after pleading guilty to violating U.S. anti-money laundering laws. Shares of Toronto-Dominion Bank (TD) fell Thursday after the bank's fourth-quarter profits fell short of estimates, while it also suspended some of its mid- ...