Wednesday, November 16, 2011

TD Bank (NYSE:TD) to Create Over 1,600 Jobs in South Carolina - Share price potential upside of 26.7%


Uploaded by on Nov 16, 2011
TD Bank (NYSE:TD) announced that it will expand its corporate operations at the bank's campus on Interstate 85 in Greenville, South Carolina, creating more than 1,400 jobs in the next three to five years.

TD Bank will also add more than 200 new positions in Lexington, South Carolina.

Bharat Masrani, President and CEO, TD Bank said, "This is a major investment in the future of TD Bank. We are thrilled to announce the expansion of the Interstate 85 campus and creation of more than 1,600 jobs throughout South Carolina to support our growth. Our Greenville regional hub will provide TD Bank with a strong foundation and capacity to accommodate the expansion of America's Most Convenient Bank from Maine to Florida."

Toronto-Dominion Bank (NYSE:TD) has potential upside of 26.7% based on a current price of $70.42 and an average consensus analyst price target of $89.24.

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