On April 25, Charles Schwab Corp. declared its regular quarterly cash dividend of $0.05 share, but the company also announced that the Schwab board had authorized its second $500 million common stock repurchase plan of the year. Under the first authorization granted January 24, the company has repurchased 22 million shares for $426 million. As of the first quarter of 2007, the company said it had 1.3 billion weighted average common and common equivalent shares outstanding.
Simon also talks about IAA's push to restore and expand the deductibility of fees on financial planning advice.
As many states reopen, here's how advisory firms can refocus on growth opportunities while overcoming challenges.
Patrick Mahoney, a former chief marketing officer for the IEEE, has been named interim CEO.
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