Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) ended Wednesday session in red amid volatile trading. The shares closed down -0.01 points or -0.03% at $35.70 with 2,063,632 shares getting traded. Post opening the session at $35.77, the shares hit an intraday low of $35.60 and an intraday high of $36.07 and the price vacillated in this range throughout the day. The company has a market cap of $18.69 billion and the numbers of outstanding shares have been calculated to be 526.36 million shares.
TD Ameritrade Holding Corp. (AMTD) announced that Brian Levitt has been elected to its board of directors.
Levitt, a designee of The Toronto-Dominion Bank (“TD”), will fill the vacancy created by the expiration of TD’s waiver of its rights to designate one of its directors, which accommodated the election of TD Ameritrade President and CEO-elect, Tim Hockey, effective Jan. 2, 2016. He joins the board as CEO Fred Tomczyk steps down upon his retirement from the company.
Levitt serves as chairman of the board for TD Bank Group, a position he has held since 2011. He is also the vice-chair of Osler, Hoskin, & Harcourt LLP, which he first joined in 1976. He was named a partner in 1979, and in 1991 left the practice to become president and subsequently CEO of Imasco Limited, a Canadian consumer products and services company. Imasco was sold in 2000, and Levitt returned to Osler in 2001.
Shares of First Horizon National Corp (NYSE:FHN) ended Wednesday session in red amid volatile trading. The shares closed down -0.10 points or -0.64% at $15.48 with 1,571,453 shares getting traded. Post opening the session at $15.61, the shares hit an intraday low of $15.46 and an intraday high of $15.66 and the price vacillated in this range throughout the day. The company has a market cap of $3.56 billion and the numbers of outstanding shares have been calculated to be 232.02 million shares.
First Tennessee Bank will contribute $1 million to expand its financial literacy efforts through a partnership with global financial dignity and economic empowerment nonprofit, Operation HOPE, Inc. The $1 million investment in Operation HOPE’s new HOPE Fund will support creation of the First Tennessee Financial Education & Empowerment Program, which will offer free financial education to youth, adults, and small businesses.
The curriculum will be facilitated by First Tennessee’s employee volunteers, strategic nonprofit alliance partners, and counselors at First Tennessee HOPE Inside offices.
First Tennessee will open a total of 15 HOPE Inside offices, including several offices specific to small business counseling. To date, First Tennessee has opened five HOPE Inside offices – in branches in Memphis, Nashville and Knoxville – and will open three more by the end of the year, including the first HOPE Inside location in Chattanooga. The seven other HOPE Inside offices will open in First Tennessee branches in 2017.
“First Tennessee is committed to providing financial literacy education, tools and support to help our customers and communities reach their financial goals,“ said Bryan Jordan, chairman, president and CEO of First Tennessee’s parent company, First Horizon National Corp. (FHN). “We are committed to making our communities stronger, because we know that when our communities succeed, First Tennessee can succeed.”