Bloomberg Toronto-Dominion Bank agreed to buy First Horizon Corp for $13.4 billion, putting its massive capital stockpile to use for its largest deal ever and expanding its presence in the US Southeast. The Canadian bank will pay $25 a share in cash for Memphis, Tennessee-based First Horizon, according to a statement Monday. The purchase price is about 37% higher ...

  Bloomberg US stock index futures slumped on Monday following a weekend of mounting sanctions on Russia, kicking off another potentially tumultuous week for equity investors. March contracts on the S&P 500 Index slid as much as 2.9% before trimming losses to 1.5% in New York. Futures on the Nasdaq 100 and the Dow were each down 1.3%. The poor ...

Bloomberg Shares in European airlines slid after most of Europe closed its airspace to carriers from Russia, which reciprocated with its own bans. A Bloomberg gauge of European airlines dropped as much as 4.8%. In the broader market, the biggest decliners included British Airways-parent IAG SA, Deutsche Lufthansa AG and Air France-KLM. Smaller peer Finnair Oyj, which faces a wipeout ...