Investment Brokerage – National
(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 of 24 cents per share, though improved from...
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 partly offset by higher interest and non-interest...
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 expects its fourth quarter results to decline sequentially. Lower net interest...
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 the reported month, Daily Average Revenue Trades...
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 Brokers’ Market Making segment is positioned...
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 Brokers’ Market Making segment is positioned...
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 and settles trades globally for both individual...
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 Brokers’ first quarter 2011 operating...
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 Average Revenue Trades (DARTs) were 153,943, down...
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, substantially better than the Zacks Consensus Estimate...
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 mentioned in 2010 annual report filed at the end...
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. The initiation of a quarterly dividend was...
6May2011 | vitalstocks | 0 comments | Continued(IBKR) Interactive Brokers Group Reports Better Metrics
On Monday, Interactive Brokers Group Inc.’s (IBKR) business segment Electronic Brokerage announced its monthly performance data for the month of April. The segment clears and settles trades globally for both individual and institutional clients. Interactive reported 170,700...
4May2011 | vitalstocks | 0 comments | Continued(ETFC) E*TRADE Financial Reports Return to Profitability
E*TRADE Financial Corporation‘s (ETFC) first-quarter 2011 net income of 16 cents per share was above the Zacks Consensus Estimate earnings of 12 cents, on the back of operating net revenue, strong brokerage business, decrease in provision for loan losses and improved expense...
24Apr2011 | vitalstocks | 0 comments | Continued(SCHW) Charles Schwab First Quarter 2011 Earnings Beat by a Penny
Charles Schwab Corporation’s (SCHW) first quarter 2011 earnings came in at 20 cents per share, a penny ahead of the Zacks Consensus Estimate of 19 cents. This also compares favorably with the year-ago quarter’s earnings of 11 cents. Charles Schwab’s net income for the reported...
18Apr2011 | vitalstocks | 0 comments | Continued(IBKR) Interactive Brokers Group – Bear of the Day
We are downgrading our recommendation on Interactive Brokers Group (IBKR) to Underperform from Neutral based on its mediocre fourth-quarter 2010 results. Earnings for the reported quarter lagged the Zacks Consensus Estimate. Though results benefited from lower non-interest expenses,...
17Mar2011 | vitalstocks | 0 comments | Continued(ETFC) E*TRADE Financial’s Daily Average Revenue Trades Advance
On Wednesday, Online broker E*TRADE Financial Corporation (ETFC) reported an improved Daily Average Revenue Trades (DARTs) through February 22, 2011. The company also reported monthly delinquencies in its loan portfolio for November 2010, December 2010 and January 2011. For the...
26Feb2011 | vitalstocks | 0 comments | Continued(SCHW) Charles Schwab – Financial Tides – Chart of the day
Barchart.com’s Chart of the Day – Charles Schwab Corp (SCHW) Barchart Research Team – Barchart.com – Tue Feb 08, 7:18PM CST Related Stocks SCHW – The Charles Schwab Corporation Sym Last Chg Pct SCHW 18.75 -0.29 -1.52% The “Chart...
10Feb2011 | Shawn | 0 comments | Continued(ETFC) E*TRADE Financial Reports Third Quarter 2010 Earnings In Line
E*TRADE Financial Corporation‘s (ETFC) third-quarter earnings of 3 cents per share was in line with the Zacks Consensus Estimate. The income for the reported quarter compared unfavorably with 12 cents in the prior quarter. However, the company reported loss of $6.74 per...
2Nov2010 | vitalstocks | 0 comments | Continued(SCHW) Charles Schwab Earnings Report Substantially Beats the Street
Charles Schwab Corporation’s (SCHW) third quarter earnings came in at 18 cents per share, substantially ahead of the Zacks Consensus Estimate of 9 cents. This also compares favorably with the year-ago quarter’s earnings of 17 cents. Earnings for the reported quarter exclude...
15Oct2010 | vitalstocks | 0 comments | Continued(SCHW) Charles Schwab Keeps ETFs Commission-Free
Charles Schwab Corp. (SCHW), a big player in the fast-growing exchange traded fund (ETF) market, does not intend to change its commission-free trading policy on its ETFs, Reuters reported on Tuesday. This commission-free trading along with low expense ratio-based core assets...
11Aug2010 | vitalstocks | 0 comments | Continued(SCHW) Schwab Schwab Launches New ETFs
Last week, Charles Schwab Corporation (SCHW) announced the launch of three new bond Exchange-Traded Funds (ETFs). This will increase the tally of Schwab’s total ETFs to 11. Previously the company had 8 Equity ETFs. The new bond ETFs are expected to offer coverage to short-term,...
9Aug2010 | vitalstocks | 0 comments | Continued(ETFC) E*TRADE Financial Corporation Swings to Profit
E*TRADE Financial Corporation (ETFC) has turned to profitability in the second quarter of 2010 after reporting losses over the last three years. The company reported earnings of 12 cents per share versus the Zacks Consensus Estimate of a loss of 11 cents. The significant turnaround...
24Jul2010 | vitalstocks | 0 comments | Continued(SCHW) Charles Schwab Second Quarter Earnings Slightly Ahead of Estimates
Charles Schwab Corporation‘s (SCHW) second-quarter earnings came in at 17 cents per share, slightly ahead of the Zacks Consensus Estimate of 15 cents. However, the result was a penny below last year’s 18 cents. Net revenue was $1,080 million, an increase of 10% compared...
16Jul2010 | vitalstocks | 0 comments | Continued(ETFC) E*TRADE Financial Corporation Sees Improved Activity
Online broker E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for April 2010 on Wednesday, recording a 17.0% sequential gain in average U.S. trades. For the month of April, 2010, Daily Average Revenue Trades (DARTs) were 181,556, up 17.0% sequentially,...
20May2010 | vitalstocks | 0 comments | Continued(ETFC) E*Trade Financial Corporation Announces Reverse Split
In the company’s annual general meeting, hosted on Thursday, the board of E*Trade Financial Corp. (ETFC) announced the approval of a reverse split of the outstanding shares of common stock in the ratio of 1-for-10. This is expected to be effective by early June 2010. According...
17May2010 | vitalstocks | 0 comments | Continued(NMR) Turning Calamity Into Opportunity – Crisis-Induced Profits
Crisis is bad. (Just ask Lehman Brothers.) Crisis is good. (Just ask Nomura Holdings.) So which assertion is correct? Both of them. Borne out of the financial crisis, one – Lehman Brothers (OTC: LEHMQ.PK) – sits in Chapter 11 as the biggest bankruptcy case in history...
13May2010 | InvestmentU | 0 comments | Continued(SCHW) Charles Schwab Earnings Report Falls Short by a Penny
Charles Schwab Corporation’s (SCHW) first quarter earnings came in at 10 cents per share, a penny short of the Zacks Consensus Estimate of 11 cents. This also compares unfavorably with earnings of 19 cents in the year-ago quarter. The year-over-year decrease in earnings was...
15Apr2010 | vitalstocks | 0 comments | Continued(IBKR) Interactive Brokers Group Analyst Downgrades to Underperform
Based on substantially lower than expected results and weak fundamentals, we are downgrading our recommendation on Interactive Brokers Group Inc. (IBKR) to Underperform from Neutral. IBKR’s fourth-quarter earnings of 6 cents per share were substantially short of the Zacks Consensus...
29Mar2010 | vitalstocks | 0 comments | Continued(ETFC) E*TRADE Financial Hires ex-Citigroup CEO
On Monday, E*TRADE Financial Corporation (ETFC) announced that it has chosen the ex-chief executive of Citigroup Inc. (C), Steven Freiberg, 53, as its new Chief Executive Officer (CEO), effective Apr 1, 2010. Steven Freiberg comes with a 30-year valued experience at Citigroup...
25Mar2010 | vitalstocks | 0 comments | Continued