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April 16- Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp..
SUNNYVALE, California— Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18- year absence. The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. The Coca-Cola Co., up $1.45 to $40.18. MasterCard Inc., up 97 cents to $72.15.
SAN FRANCISCO— Charles Schwab Corp.' s first-quarter net income jumped nearly 61 percent as clients proved more eager to invest. Charles Schwab reported that its net income available to shareholders increased to $318 million, or 24 cents per share, for the quarter. That is up from $198 million, or 15 cents per share, in the same quarter last year.
April 15- Discount broker Charles Schwab Corp reported a higher-than-expected quarterly profit due to a rise in trading commissions and fees for managing client assets. Net income available to common stockholders rose to $318 million, or 24 cents per share, in the first quarter ended March 31 from $198 million, or 15 cents per share, a year earlier.
Some of Monday midday movers:
WASHINGTON, April 11- U.S. producer prices recorded their largest increase in nine months in March, but that jump will probably not ignite inflation pressures as economic growth remains moderate.
*VIX, Wall Street's fear index, jumps 15 percent. NEW YORK, April 10- The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including Gilead Sciences and TripAdvisor, increasing investor anxiety about a broader pullback.
*Biotech index has worst day since August 2011. NEW YORK, April 10- The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including Gilead Sciences and TripAdvisor, increasing investor anxiety about a broader pullback.
Renowned investor Charles Schwab on Thursday said high-frequency trading undermines fairness in the stock market and erodes investor confidence.
Take a look at some of Thursday's midday movers:
It's time for a public hearing about what's going on with our stock market.
NEW YORK, March 25- U.S. stocks rose by late afternoon on Tuesday in a volatile session, rebounding from a two-day decline as a strong read on consumer confidence increased optimism about the economy. By about 3 p.m., the index was down only 0.2 percent after moving quickly in and out of positive territory.
E-Trade Financial gave its CEO $13.5 million in compensation for his first year on the job.
*Walgreen, McCormick shares rally after results. NEW YORK, March 25- U.S. stocks sharply trimmed gains by midday on Tuesday as many of the market's momentum stocks turned negative. So-called momentum stocks fell sharply near midday, including Netflix, down 3 percent at $367.50, and First Solar Inc, down 4 percent at $70.93.
NEW YORK, March 25- E* Trade Financial Corp, the smallest of the publicly traded online discount brokers, gave its chief executive officer $13.5 million in compensation in his first year on the job, based on his performance "during an important transition period" and comparisons with pay for comparable industry executives.
*Putin says Russia does not want further Ukraine split. *Microsoft shares rally 4 pct, lead S&P 500. NEW YORK, March 18- Major world equity markets rose on Tuesday after comments from Russian President Vladimir Putin soothed anxiety that tensions over Ukraine could escalate, while U.S.
NEW YORK, March 18- U.S. Treasuries yields edged lower on Tuesday on uncertainty ahead of the Federal Reserve's two-day policy meeting and lingering concerns that East-West tensions surrounding Ukraine could escalate.
Here's how to stop high-frequency trading: Institute a "cancellation tax" or eliminate payment for order flow.
U.S. baby boomers, desperate for retirement income, are increasingly turning back to reverse mortgages, but big banks stay away.