2011 Q1 Earnings: Schwab Earns $0.20 per Share on 23% Jump in Revenue
Charles Schwab reported that net income in the first quarter of 2011 was $243 million, or $0.20 in EPS, slightly beating analysts’ earnings consensus.
Schwab RIAs to Benefit From OptionsXpress Acquisition: Bernie Clark
Schwab Advisor Services chief Bernie Clark says options trading on one platform will benefit its advisors after the $1 billion optionsXpress acquisition closes.
Schwab to Acquire OptionsXpress for $1 Billion in Stock
Charles Schwab Corp. announced Monday that it had signed a definitive agreement to acquire Chicago-based optionsXpress Holdings for Schwab stock valued at $1 billion, based on Schwab’s closing price on March 18 of $17.91 per share.
Breakaway Broker Recruitment Slows at Major Custodians
But Pershing added 30 teams with $4.8 billion in assets in 2010, and TD Ameritrade saw a 40% rise in breakaways
Chuck Schwab Recuperating Following Heart Surgery
Company says Schwab Corp. chairman is 'resing comfortably and recuperating'
Schwab to Acquire ETF Manager Windward for $150 Million
Charles Schwab Corp. announced Monday, August 30, that it has agreed to acquire Boston-based Windward Investment Management, Inc., for $150 million in stock and cash.
Schwab Sues BofA's Merrill, UBS and Bear Stearns over MBS Sales
Suit alleges banks lied or omitted critical information
Schwab Earnings Drop 45%, but Advisor Business Strong
Cut in trading fees fueled dismal results; $624 billion AUM at Advisor Services
In a economic commentary published March 12, Liz Ann Sonders, senior VP and chief investment strategist at Charles Schwab Corp., and Brad Sorensen, director of...
Investors Jump Back Into Market but Are Uncertain of Steps Ahead
Schwab sees areas of improvement and concern in economy