Press Releases

The Zacks Analyst Blog Highlights:TD Ameritrade Holding, Charles Schwab, Deutsche Bank, Nomura Holdings and UBS

CHICAGO, Oct. 8, 2012 /PRNewswire/ -- announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include TD Ameritrade Holding Corporation (NYSE:AMTD, The Charles Schwab Corporation (NYSE:SCHW), Deutsche Bank AG (NYSE:DB), Nomura Holdings, Inc. (NYSE:NMR) and UBS AG (NYSE:UBS).


Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:

Here are highlights from Friday's Analyst Blog:

Schwab, TD Ameritrade to Shutter in Europe

According to Reuters, key U.S. brokerage houses – TD Ameritrade Holding Corporation (NYSE:AMTD) and The Charles Schwab Corporation (NYSE:SCHW) – have decided to shutter their businesses in Europe. This move by the brokerage giants comes on the heels of the slowdown in trading activities in the market due to the reluctance of investors in betting their money attributed to the continued ambiguity regarding the prospects of the Euro Zone.

Though these firms have earned huge profits through trading in the share market, yet at current level, European dealers are scrambling to maintain profit levels. European share trading for the year has recorded its lowest level since 2009.

Reasons for Closure

Bearing the brunt of Europe's sovereign debt crisis and slow economic recovery, funds managers are striving hard to make profits by trading in European countries.

Schwab has come up with the closure of the European arm of its derivatives trading unit, OptionsXpress on November 30. The company has intimated clients to transfer their account to another company or get their positions liquidated and retrieve funds.

TD Ameritrade also restricted the opening of new accounts and new business transactions in some foreign countries. Moreover, accounts will be closed down in Italy and Belgium, while some European countries will be constrained with certain types of transactions.

In recent months, among others, Deutsche Bank AG (NYSE:DB), Nomura Holdings, Inc. (NYSE:NMR) and UBS AG (NYSE:UBS), reorganized their European equities units with huge layoffs.


For quite some time now, the investors have been losing huge amounts in trading. If this continues along with mounting regulatory pressure, it would be a huge blow to investors in the ongoing economic situation.

If the European crisis continues further, there will be significant impact on worldwide capital markets. On the other hand, the extremely low interest-rate environment is another manifestation of this uncertain macro backdrop.

Concerns about the European finances and soft U.S. growth prospects have made treasury instruments the choice of safe asset class. As a result, the yields on benchmark treasury bonds are hovering at low levels.

We don't expect the potency of the sector to return to its pre-recession peak anytime soon. The economic intricacies may lead to further disappointments in the upcoming quarters.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter:

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today:

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at

Visit for information about the performance numbers displayed in this press release.

Follow us on Twitter:

Join us on Facebook:

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339

SOURCE Zacks Investment Research, Inc.