Updating ATCO LTD. and TORONTO-DOMINION BANK

Article Excerpt

ATCO LTD. $75 (www.atco.com) has won a contract to design and build a noise-control barrier around a natural-gas-fired power plant in Texas. This barrier will shield nearby residential neighbourhoods from low-frequency sounds that rattle doors and windows. The company did not say how much the contract is worth or when it will complete the project. However, demand for these types of systems should keep rising as growing suburbs place more homes closer to industrial areas. Best Buy. TORONTO-DOMINION BANK $81 (www.td.com) owns 45% of TD Ameritrade Holding Corp. (Nasdaq symbol AMTD), a leading U.S. online broker. Ameritrade will contribute $51 million to TD’s earnings in its 2012 fourth quarter, which ends October 31, 2012. That’s down 5.6% from $54 million a year earlier. (TD earned $1.8 billion, or $1.91 a share, in the third quarter of 2012.) In its latest quarter, Ameritrade’s average daily trading volumes fell 21.0%. However, its average commission per trade rose 5.2%. Best Buy. Buy…