TD Banknorth Warns Earnings Estimates 'Too High'

Reuters, 15 March 2006TD Banknorth Inc., a large Northeast U.S. bank, said analysts' consensus forecast for first-quarter profit of 60 cents per share was "too high," leading some analysts to cut their estimates.Chief Executive William Ryan said at an investor conference on Tuesday that first-quarter profit should be between 55 cents and 60 cents per share. The Portland, Maine-based bank also