Joe Moglia successfully guided TD Ameritrade through the "Armegeddon" of the financial crisis. Then, he went back to land his dream job.» Read More
Some of Wednesday's midday movers:
TD Ameritrade on Wednesday reported fiscal first-quarter profit of $211 million.
Jan 21- Discount broker TD Ameritrade Holding Corp's quarterly profit rose about 10 percent as net new assets increased. The company's net income rose to $211 million, or 39 cents per share, for the first quarter ended Dec. 31, from $192 million, or 35 cents per share, a year earlier. Net revenue rose about 9 percent to $819 million.
NEW YORK, Jan 11- In the last month, the U.S. stock market is down just 0.8 percent, but it's been a bumpy ride: Since Dec. 9, the S&P 500 has had a 4 percent selloff, a 6 percent rally, and a 4 percent drop that ended Thursday with a two-day gain of 3 percent. "This year has the potential to be a very good year for stocks but we will see more and bigger spikes in volatility," said Brian...
Analysts expect companies presenting at the conference- which include Lululemon Athletica, Big Lots and Guess- to shine a light on holiday trends and discuss business expectations for 2015, and in some cases update their outlooks. J.C. Penney Co, American Eagle Outfitters and Aeropostale Inc all had strong results, though Macy's disappointed.
NEW YORK, Dec 31- U.S. stocks fell on Wednesday as crude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains. The best-performing S&P component in 2014 was Southwest Airlines Co up 124.6 percent, while Transocean Ltd, down 62.9 percent, was the worst. "The fact of the matter is markets put in a solid year in spite of...
NEW YORK, Dec 23- A plan by the U.S. Securities and Exchange Commission to widen the minimum trading increments of some small-cap stocks to test if that would spur more trading could end up harming mom-and-pop investors, retail brokerages said in letters to the regulator. The potential cost of the program to all investors could be up to $455 million dollars...
When it comes to housing, low gas prices not only help pad people's pocketbooks, but they are also boosting consumer confidence.
NYSE now says it will eliminate transaction fees for orders originating from retail investors that are priced midway between the best bid and offer available at the time, priced at $1 or above, starting Jan. 2. NYSE currently charges 25 cents per 100 shares for those types of orders. NYSE executes a little over 20 percent of U.S. stock trades on its three stock...
The ETF has plummeted since the end of September and the most recent sharp drop came on Friday after OPEC, led by Saudi Arabia, agreed to stick to its production quota, even in the face of declining oil prices. With OPEC failing to agree on cutting production, the risk that oil prices are headed lower in the short-term is keeping volatility expectations high, said...
Some of the names on the move ahead of the open.
TD Ameritrade said profit climbed 5.5 percent on a jump in net new assets, and forecast asset growth of 7 to 11 percent in 2015.
Suggestions QE might go on a U.S. reunion tour helped to stem market losses, but don't hold your breath waiting for the Fed to whip out the checkbook, analysts said.
Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.
These companies are taking unusual steps to help the planet.
Several advisers said they had expected a scramble from clients. But the phone has not been ringing off the hook.
Some attempt to add an additional level of security to critical financial accounts. Sadly, not many companies are able to do it.
There have been several hearings on stock trading since "Flash Boys," but this one is a little different. Here's why.
Wall Street lobbyist SIFMA suggests changes to market structure that could make trading less complex and fragmented.
A reconstitution of the Russell Indexes occurs at the close of Wall Street trading Friday, reflective of the growth vs. value debate.