...Company History TD bank for more than 150 years, has been providing excellent customer service .They have a model of wowing the customer. This wow Factor has bin embedded in the the Td culture since the beginning the bank.The bank first opened in 1852 as Portland Savings Bank in Portland, Maine. Later on grew through many mergers and became Peoples Heritage Bank in 1983. The opportunity for expanstion came up ,as Peoples Heritage Bank, by going through some acquisitions, there growth grew deeper into New England and took the name Banknorth. In Cherry Hill, New Jersey-based company called Commerce Bank was turning heads and getting a lot of attention. The customers that they had already were turning into fans as America’s Most Convenient Bank. Commerce Bank was Founded in 1973,The founder Vernon Hill was a CEO of a well know food chain called Burger King. Commerce Bank rapidly grew over the next 35 years into Philadelphia. New york ,south florida and Washington DC. Since the CEO was from burger king he brought many of his traditions to Commerce. For example longer house and being customer friendly and giving them what customer want. In this model commerce , began winning new customers with WOW! service and convenience. Bank north, In 2004 began to caputure the attention of many other banks. In doing very well and being one of the top 10 banks in the Unites states. In doing this it grabbed the attention of TD Bank group of Toronto. TD bank group shortly after became a large...
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...Action Notes Pipelines, Power & Utilities Recommendation: Risk: 12-Month Target Price: 12-Month Total Return: Market Data (C$) Current Price 52-Wk Range Mkt Cap (f.d.)($mm) Dividend per Share Dividend Yield Avg. Daily Trading Vol. (3mths) $31.58 $25.51-$32.87 $24,000.8 $0.98 3.1% 1,487,005 December 760.0 750.0 63.7% $10.36 13.4% September 12, 2011 Equity Research 1 of 4 HOLD Unchanged LOW C$33.00 Unchanged 7.6% Linda Ezergailis, P.Eng. 416 983 7784 linda.ezergailis@tdsecurities.com Robert Hope, CFA 416 983 9717 robert.hope@tdsecurities.com Enbridge Inc. (ENB-T, ENB-N) C$31.58 Enbridge to Twin the Athabasca Pipeline for $1.2 billion Event Enbridge has announced that it will twin the southern portion of its existing Athabasca crude oil pipeline between Kirby Lake, AB and Hardisty, AB at an expected cost of $1.2 billion. Impact POSITVE. We estimate the expansion will contribute $0.04 of EPS on an annualized basis when volumes ramp up although we expect it will not contribute to earnings until 2015. Details Athabasca Expansion – Twinning Overview: • Overview: Enbridge has announced that it will install a new twin 345km, 36” liquids pipeline beside its existing Athabasca pipeline between Kirby Lake and Hardisty, Alberta. • Volumes: The twin line will accept volumes from oil sands projects in the Kirby area. We note that Enbridge’s Christina Lake Lateral, which services Cenovus’ and ConocoPhillips’ Christina Lake Enhanced Oil Project, delivers into the Athabasca...
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...Td Bank is a national banking institution in the United States that offers banking insurance, brokerage, and investment banking services along the east coast in 15 different states. Td bank is amongst the countries top 10 banks. The bank took its name through a merger with commerce bank and Banknorth. The company operates under Toronto Dominion Bank in Ontario Canada. Banknorth also added a sister company, Td Ameritrade formed under TD Waterhouse. One of the main things I like about Td Bank is its convenience to its costumers. Working for Td Bank, they take pride in their high customer service ratings. The have employees attend TDU a university to train employees how to do their job and also please the customer. The main reason I started banking at Td Bank was when they started no Atm fee campaign, I stayed with TD bank after I opened a free student checking and savings account. Also, they are open 7 days a week with the best hours a bank has to offer. “We will be the Best Run, Customer-focused, Integrated Financial Institution with a Unique and Inclusive Employee Culture.” The mission statement above is strongly exhibited through Td Bank. Td Bank is my choice for personal banking. What makes Td Bank different from most banking businesses, is that they have learned how to come out on top. As stated by Levitt in Marketing Myopia, think outside the box. People who focus on marketing strategy, various predictive techniques, and the customer's lifetime value can rise above...
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...AF 603/2010 Fall Term Paper <THE IMPACT OF THE BOSTON CELTICS ON THE LOCAL ECONOMY> Xujing Liu THE IMPACT OF THE BOSTON CELTICS ON LOCAL ECONOMY Background The Boston Celtics are a National Basketball Association (NBA) team based in Boston, Massachusetts. The team is founded in 1946, and is currently under the ownership of Boston Basketball Partners LLC. The arena of Boston Celtics is TD Banknorth Garden, where they play their home games. The Boston Celtics has a long and rich history. It was initially formed in 1946, and was at that time owned by Walter A. Brown as a team in the Basketball Association of America (BAA), and became part of the National Basketball Association (NBA) after the merger of the BAA and the National Basketball League in the fall of 1949. (1) In 1950, the Celtics became the first franchise to draft an African American player, signing Chuck Cooper. (2) It has been quite a struggle for the Celtics in their early years, until Red Auerbach (3) was hired to be the coach of the team, who had coached in the military during WW II. In 1964, Auerbach made the Celtics the first team to have an all African American starting lineup. The Boston Celtics of the mid-1950s-60’s are widely considered one of the most dominant teams of all time. According to the official statistics on Basketball Reference website, the Celtics have won 17 NBA Championships, more than any other franchise in the league.(4) When it comes to hanging Championship Banners, the Celtics...
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...Connor and I were posing with the statue of Bobby Orr with my cousin Otto, who was visiting from Germany. The statue is located outside the TD Garden, and depicts one of the greatest moments in history. The upper photo was taken on May 10, 1970, when Bobby Orr scored the winning goal in overtime in game 4 to win the series 4-0. The Bruins appeared in the Stanley Cup playoffs for the first time since 1958. Before the TD Garden was built, Boston Garden stood nearby, having been built in 1928 by Tex Rickard. The building was originally built specifically for boxing, but was a great venue for other sports as well. In 1999, the Fleet Center was built, using the unique parquet flooring from the original Boston Garden. The TD Garden, as it is named now, still houses one of the original four professional hockey teams, the Boston Bruins. This lower picture was taken at Boston Garden in December of 2011. My brother Connor and I were posing with the statue of Bobby Orr with my cousin Otto, who was visiting from Germany. The statue is located outside the TD Garden, and depicts one of the greatest moments in history. The upper photo was taken on May 10, 1970, when Bobby Orr scored the winning goal in overtime in game 4 to win the series 4-0. The Bruins appeared in the Stanley Cup playoffs for the first time since 1958. Before the TD Garden was built, Boston Garden stood nearby, having been built in 1928 by Tex Rickard. The building was originally built specifically for...
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...provide adventure and sport/travel packages to people in Toronto, specifically the Ontario area. An opportunity for STI's success exists because the national tourism and travel industry is growing at 4%, and adventure travel at 10% annually. Further, the Ontario adventure travel market is growing at least 12% annually and there are no providers who specialize solely in adventure travel in the Ontario area. STI is poised to take advantage of this growth and lack of competition with an experienced staff, excellent location, and effective management and marketing. STI's total start-up capital requirement is approximately $102,500. Start-up will be financed through the owner's personal investment and a long-term note of $85,000 secured from the TD Canada Trust Bank. STI's target customers are health-conscious couples and individuals, with median household incomes of approximately $50,000. They are interested in popular adventure activities such as skiing, whitewater sports, and mountain biking. STI's most important target customers, however, will be married couples, ages 25-35, with children and household incomes over $50,000. STI's pricing strategy will be a major consideration. Much of it will be determined by market standards. STI will attempt to maintain margins of 10% on all airline travel. Margins on all other products and services vary depending upon the provider but are expected to average 20%. STI will make every effort to maintain a competitive pricing policy. However, as...
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