Some of Wednesday's midday movers:» Read More
May 15- The chief executive officer of Charles Schwab Corp on Thursday suggested that regulators require brokerage firms to disclose how much they are paid for selling their clients' orders. The U.S. Securities and Exchange Commission has begun issuing subpoenas and other demands to brokerage companies to learn how they handle their clients' orders.
Some of the biggest retail brokerage companies are Charles Schwab Corp., TD Ameritrade Holding, Fidelity Investments' Fidelity Brokerage Services and E* Trade Financial Corp, which can get paid $100 million a year or more for selling their orders.
The shift to passively-managed index funds keeps growing even though U.S. active equity funds have outperformed them. Higher fees may be the cause.
NEW YORK, April 24- Charles Schwab Corp has dropped a fight to require customers to waive their rights to participate in class action lawsuits, the company said on Thursday.
NEW YORK, April 24- Charles Schwab Corp has dropped a fight to require customers to waive their rights to participate in class action lawsuits, two sources said on Thursday.
Investors liked what they saw in Facebook and Apple, but Wall Street fell after a slew of earnings and data couldn't sustain the bounce.
April 23- Discount brokerage E* Trade Financial Corp's quarterly profit more than doubled, helped by a drop in provision for loan losses and a surge in trading activity. The company's net income rose to $97 million, or 33 cents per share, in the first quarter ended March 31, from $35 million, or 12 cents per share, a year earlier.
In honor of CNBC's 25th anniversary, the "Fast Money" traders give their top stocks to own for the next 25 years.
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..
Some of Tuesday's midday movers:
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.
U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.
A rush of earnings could help steer the market's direction on Tuesday, after Citigroup's earnings beat provided kindling for a market rally Monday.
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.