Take a look at some of Friday's midday movers:» Read More
Stocks closed higher in a shortened session as the kickoff to the holiday shopping season lifted retail stocks, while signs of progress in a plan to relieve credit market strain helped major banking stocks.
E-Trade Financial, the beleaguered online trader, is in talks to sell itself, according to people familiar with the situation. Bankers say that while there is plenty of interest, it is far from clear whether anything will get done.
Asset managers may be better insulated from subprime woes than banks, but should you bet on them as financials begin recovering from credit crisis?
For some time now, the watchword in investing has been "value." As a result, some fund managers think, the prices of growth stocks have slid to bargain levels. Tom Ognar, portfolio manager of the four-star Wells Fargo Advantage Growth Fund, agrees.
U.S. discount brokerage Charles Schwab posted a 40 percent increase in third-quarter profit Monday, beating analyst estimates as client assets grew to a record high.
U.S. discount brokerage Charles Schwab Corp reported a higher quarterly profit Monday as client assets grew to a record high.
Charles Schwab, the largest U.S. discount brokerage, Monday said it expects third-quarter profit from continuing operations per share to rise 30 percent to 35 percent from the second quarter.
Online brokerage TD Ameritrade Holding said Friday one of its databases was hacked and contact information for its more than 6.3 million customers was stolen.
The chief executive on TD Ameritrade told CNBC on Wednesday it could not comment on recent merger speculation but said the company continues to talk to competitors, as disclosed in a regulatory filing submitted several weeks ago.
Parts of the Charles Schwab Web site and phone system were temporarily knocked out or running slowly Thursday, leading to long waits for clients trying to access their accounts or execute trades, CNBC Silicon Valley Bureau Chief Jim Goldman has learned.
Discount brokerage Charles Schwab posted a 16% increase in second-quarter profit as new policies to attract clients paid off.
The Securities and Exchange Commission approved a plan to allow companies listed on the New York Stock Exchange to retain their three-letter ticker symbols should they transfer to rival Nasdaq Stock Market.
Brokerage and financial advisory firm Charles Schwab said it will use cash it received from selling off private wealth unit U.S. Trust to pay a special dividend and repurchase $2.3 billion in shares.
Bank of America's private bank business serving rich customers will be named U.S. Trust, marking the first time the company has adopted the name of a business it has bought, the New York Times reported on Monday.
Two hedge funds said Friday they plan to ask TD Ameritrade to disclose documents relating to any merger discussions, renewing pressure on the company to combine with a competitor.
Don't let the summer doldrums strike your portfolio. We've rounded up several five-star mutual fund managers to offer up on their latest strategies and best investment ideas.
Are Starbucks and Whole Foods falling out of favor?; What does the joint venture with Wal-Mart mean for eBay?; Figuring out Charles Schwab's numbers.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.
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.
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.