Investment Brokerage – National
(IBKR) Interactive Brokers Group Earnings and Revenues Lag
Interactive Brokers Group, Inc.’s (IBKR) first-quarter 2013 earnings of 14 cents per share missed the Zacks Consensus Estimate by 2 cents. This also compares unfavorably with the year-ago quarter’s earnings of 27 cents. The...27Apr2013 | vitalstocks | Comments Off | Continued
(AMTD) TD Ameritrade Holding Beats Earnings Estimates
TD Ameritrade Holding Corporation (AMTD) reported its fiscal second-quarter 2013 (ended Mar 31, 2013) net income of 26 cents per share, marginally beating the Zacks Consensus Estimate of 24 cents. Net income also surpassed the prior-year...27Apr2013 | vitalstocks | Comments Off | Continued
(SCHW) Charles Schwab Corporation Misses Slightly on Earnings
Charles Schwab Corporation’s (SCHW) first-quarter 2013 earnings of 15 cents per share missed the Zacks Consensus Estimate by a penny. This was in line with the year-ago quarter earnings. Marginally lower-than-expected results...21Apr2013 | vitalstocks | Comments Off | Continued
(AMTD) TD Ameritrade’s November Metrics Up
TD Ameritrade Holding Corporation (AMTD) – an online brokerage firm – reported a 3% rise in average U.S. trades in its Activity Report for the month of November 2012. However, the U.S. trades declined 10% on a year-over-year...18Dec2012 | Shawn | Comments Off | Continued
(SCHW) Charles Schwab Reiterated at Neutral
We have reaffirmed our long-term ‘Neutral’ recommendation on Charles Schwab Corporation (SCHW), based on its third quarter results, synergies from the acquisitions and a stable capital position. However, we remain concerned about...7Dec2012 | vitalstocks | Comments Off | Continued
(ETFC) E*TRADE Financial’s October DARTs Slump
The online brokerage firm, E*TRADE Financial Corporation (ETFC), reported a slump in Daily Average Revenue Trades (DARTs) in October. According to the monthly market activity report for October, E*TRADE’s DARTs were 124,246, declining...3Dec2012 | vitalstocks | Comments Off | Continued
(ETFC) E*TRADE Financial Prices Senior Notes
On Tuesday, New York-based online brokerage firm, E*TRADE Financial Corporation (ETFC) announced the pricing of senior notes worth $1.3 billion. This particular step reflects the company’s efforts to refinance costlier debt. The...24Nov2012 | vitalstocks | Comments Off | Continued
(AMTD) TD Ameritrade’s August DARTs Slide
On Tuesday, TD Ameritrade Holding Corporation (AMTD) – an online brokerage firm – reported a fall in Daily Average Revenue Trades (DARTs) for the month of August 2012. The company’s DARTs stood at 303,000 in the reported month,...5Oct2012 | vitalstocks | Comments Off | Continued
(SCHW) Charles Schwab Cuts Down ETF Fees
The Charles Schwab Corporation (SCHW) has announced a massive fee diminution on 15 of its exchange-traded funds (ETFs). The fee reduction catapults the company’s position in the ETF market as the one with the lowest operating expense...24Sep2012 | vitalstocks | Comments Off | Continued
(NMR) Nomura Holdings to Cut Jobs
According to Reuters, Japan’s largest brokerage house — Nomura Holdings Inc. (NMR) — is moving ahead with the implementation of its cost-cutting strategies. The company plans to let go hundreds of employees, particularly...17Sep2012 | vitalstocks | Comments Off | Continued
(SCHW) The Charles Schwab Corporation Prices Exchange Offer
The Charles Schwab Corporation (SCHW) has declared the pricing terms of an earlier announced exchange offer. The offer involves replacement of outstanding 4.950% old senior notes (maturing in 2014) with 3.225% new senior notes (maturing...27Aug2012 | vitalstocks | Comments Off | Continued
(SCHW) Charles Schwab Corporation to Redeem Trust Preferred Securities
On Tuesday, The Charles Schwab Corporation (SCHW) became the latest bank to announce the redemption of trust preferred securities (TruPS). Schwab stated that it would redeem all the Fixed to Floating Rate TruPS issued by the Schwab...22Aug2012 | vitalstocks | Comments Off | Continued
(ETFC) E*TRADE’s July Daily Average Revenue Trades Perk Up
On Wednesday, E*TRADE Financial Corporation (ETFC) reported a 4% increase in average U.S. trades numbers compared with the prior month in its Activity Report for the month of July 2012. However, the U.S. trades dropped on a year-on-year...17Aug2012 | vitalstocks | Comments Off | Continued
(AMTD) TD Ameritrade Holding Corporation’s July Daily Average Revenue Trades DARTs Perk Up
Last week, TD Ameritrade Holding Corporation (AMTD), an online brokerage firm, reported a 1% rise in average U.S. trades compared with the prior month in its Activity Report for the month of July 2012. However, U.S. trades dropped...14Aug2012 | vitalstocks | Comments Off | Continued
(SCHW) The Charles Schwab Corporation Shares Downgraded to Neutral
We have downgraded our long-term recommendation on The Charles Schwab Corporation (SCHW) to Neutral from Outperform. The recommendation change is based on flagging equity markets, declining interest rate yields and legal predicaments. We...21Jun2012 | vitalstocks | Comments Off | Continued
(ETFC) E*TRADE Financial Corporation’s April DARTs Dip
On Wednesday, E*TRADE Financial Corporation (ETFC), an online brokerage firm, released its Activity Report for the month of April 2012, recording a fall in average U.S. trades from the prior month. Moreover, the trades also dropped...20May2012 | vitalstocks | Comments Off | Continued
(ETFC) E*TRADE Financial Doubles CEO’s Pay Package
E*TRADE Financial Corporation’s (ETFC) Chief Executive Officer (CEO) Mr. Steven Freiberg’s total compensation, including a cash bonus, had been raised to $6.3 million in 2011, according to a regulatory filing on Friday. In 2010,...13Mar2012 | vitalstocks | Comments Off | Continued
(ETFC) E*TRADE’s January DARTs Perk Up – Analyst Blog
Online broker E*TRADE Financial Corporation (ETFC) released its Activity Report for January 2012 on Monday, recording a sequential rise in average U.S. trades. However, trades dropped from the year-ago period due to high market volatility,...15Feb2012 | vitalstocks | 0 comments | Continued
(ETFC) E*TRADE Financial Reports Loss – DARTs Drop
E*TRADE Financial Corporation (ETFC) reported fourth-quarter 2011 net loss of 2 cents per share, significantly below the Zacks Consensus Estimate of 20 cents per share. Earnings compared unfavorably with the prior quarter’s earnings...30Jan2012 | vitalstocks | 0 comments | Continued
(IBKR) Interactive Brokers Group – Bull of the Day
Interactive Brokers Group (IBKR) third-quarter earnings were double the Zacks Consensus Estimate. Improved top line and substantially higher net income attributable to non-controlling interests were among the positives. These were...29Dec2011 | vitalstocks | 0 comments | Continued
(SCHW) Schwab Reports 4Q Outlook and DARTs
On Wednesday, Charles Schwab Corp. (SCHW) released its Activity Report for November 2011. Concurrently, the company has provided an updated outlook for the fourth quarter of 2011. The 4Q Guidance Schwab...20Dec2011 | vitalstocks | 0 comments | Continued
(ETFC) E*TRADE Financial Corporation’s October Daily Average Revenue Trades Perks Up
Online broker E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for October 2011 on Wednesday, recording a sequential as well as year-over-year rise in average U.S. trades driven by volatile markets. For...22Nov2011 | vitalstocks | 0 comments | Continued
(IBKR) Interactive Brokers Group – Bull of the Day
We are upgrading our recommendation on Interactive Brokers Group (IBKR) to Outperform as its brokerage business continued to perform well and the company reinstated its quarterly dividend. Despite declining market volumes, Interactive...17Oct2011 | vitalstocks | 0 comments | Continued
(IBKR) Interactive Brokers Group – Bull of the Day
We are upgrading our recommendation on Interactive Brokers Group (IBKR) to Outperform as its brokerage business continued to perform well and the company reinstated its quarterly dividend. Despite declining market volumes, Interactive...13Oct2011 | vitalstocks | 0 comments | Continued
(IBKR) Interactive Brokers Group’s June Metrics Improve
On Friday, Interactive Brokers Group Inc. (IBKR) reported June 2011 performance data for its business segment Electronic Brokerage, which recorded a slight improvement compared with the previous month. The segment under review clears...5Jul2011 | vitalstocks | 0 comments | Continued
(IBKR) Interactive Downgraded to Neutral
We are downgrading our recommendation on Interactive Brokers Group, Inc. (IBKR) to Neutral based on weak brokerage metrics for May. Primarily, a year-over-year decline in Daily Average Revenue Trades (DARTs) was disappointing. Interactive...24Jun2011 | vitalstocks | 0 comments | Continued
(ETFC) E*TRADE Financial’s May DARTs Decline
Online broker E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for May 2011 on Wednesday, recording a sequential as well as year-over-year decline in average U.S. trades. For the reported month, Daily...19Jun2011 | vitalstocks | 0 comments | Continued
(ETFC) E*TRADE Analyst Upgrades Shares to Outperform
We have upgraded our recommendation on E*Trade Financial Corporation(ETFC) to Outperform from Neutral based on improved first-quarter 2011 results. In April, E*TRADE reported first-quarter 2011 earnings of 16 cents per share,...14Jun2011 | vitalstocks | 0 comments | Continued
(SCHW) Charles Schwab Expects Costs to Rise
Last week, Charles Schwab Corp. (SCHW) announced its expectation for capital spending on client-related initiatives to increase approximately 40% in 2011 over 2010. The company increased its earlier projection of 35% increment...11May2011 | vitalstocks | 0 comments | Continued
(IBKR) Interactive Brokers Group – Bull of the Day
We are upgrading our recommendation on Interactive Brokers Group (IBKR) to Outperform based on substantially better-than-expected first quarter results with the rebound of Market Making and continuous growth in Electronic Brokerage....6May2011 | vitalstocks | 0 comments | Continued