All generations of pre-retirees are facing some level of savings shortfall, but there are steps anyone can take to help build their 401(k).» Read More
Here's a look at the contest stocks making news. Earnings boosted Jos A Bank to one of the best performing stocks--as the clothing store chain saw its income rise from a year ago. Also on the best performing list--East West Bancorp. We noted earlier that this stock pushed Serge Amelayn into the current top spot on the leaderboard. Here ya go:
The Dow closed within striking distance of a new record following another batch of strong earnings reports. "I think this market is acting great," said Todd Leone head of listed trading at Cowen & Company. "We've had a tremendous rally and we’re still making a number of new highs. It's really acting well."
Two major online brokerages are facing selling pressure Tuesday after reporting mixed earnings results. TD Ameritrade said second-quarter profit fell 18% from the year-ago period and warned full-year results would be lower than its previous forecast, hurt by reduced trading volume and weaker commissions. Charles Schwab, meanwhile, reported that its biggest asset growth in more than five years sparked a 12% profit gain.
Cramer makes calls on pharmaceuticals, restaurants, cable TV, oil, retail and more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Hear what Cramer has to say about Ameritrade, Six Flags, ExxonMobil and more...
If you were trying to access your online brokerage account during Tuesday’s market nosedive – or even earlier today -- you may have encountered some trouble.
Instead of heading for the exits, investors are using Tuesday's massive sell-off as an opportunity to rebalance their portfolios and add to their stock positions, Joe Moglia, chief executive officer of TD Ameritrade, told CNBC's Maria Bartiromo.
Don't expect Ameritrade to cut its commissions as competition continues to heat up among banks and online brokerages. Wells Fargo is the latest big bank to offer free online trading to active traders with accounts of a certain size, following a similar move by Bank of America last fall. But Joe Moglia, chief executive officer of Ameritrade, doesn't feel pressured to follow suit.
The Dow closed at a record for the third straight session and Nasdaq fell slightly as investors bought selectively ahead of earnings reports and on a steep drop in oil.
The online brokerage, formed last year when Ameritrade Holding bought TD Waterhouse USA from Toronto-Dominion Bank, said first-quarter net income rose to $146 million, or 24 cents per diluted share, from $86 million, or 21 cents, in the year-ago period.