All Posts Tagged With: "SCHW"

(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 | | 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 | | 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 | | 0 comments | Continued

(AAPL) A Busy Week Ahead – Earnings Preview

Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very... 

17Oct2011 | | 0 comments | Continued

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall... 

18Jul2011 | | 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 | | 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 | | 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 | | 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 | | 0 comments | Continued

(APC) Stock Market News for March 22, 2011 – Market News

Markets ended in the green for the third consecutive day as indices moved higher on Monday, bolstered by bullish sentiments over big ticket mergers and acquisitions. Signs of the nuclear crisis in Japan stabilizing added to the cheer and the Dow crossed its psychological mark... 

22Mar2011 | | 0 comments | Continued

(C) Company News for March 22, 2011 – Corporate Summary

• On Sunday AT&T (NYSE:T) announced its plans to buy T-Mobile USA from Deutsche Telekom AG in a cash-and-stock deal worth $39 billion. However, the deal could face regulatory issues since it would reduce the number of wireless carriers with national coverage to four • Charles... 

22Mar2011 | | 0 comments | Continued

(ALTR) Company News for March 07, 2011 – Corporate Summary

• Bank of America (NYSE:BAC) lowered its Q1 EPS estimate for Citigroup to $0.10 from $0.13, against a Zacks Consensus Estimate of $0.10 per share, and for Goldman Sachs to $3.91 from $5.93, against a Zacks Consensus Estimate of $4.23 per share • Wal-Mart Stores Inc (NYSE:WMT)... 

7Mar2011 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 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 | | 0 comments | Continued

(BAC) Bank of America Announces Plans For New Online Brokerage

On Thursday, Bank of America Corp. (BAC) announced that it expects to start an online trading service on June 21, which will likely attract young and new investors. The new service, Merrill Edge, is supposed to give tough competition to other online trading services. The existing... 

19Jun2010 | | 0 comments | Continued

(BK) Bank of New York Mellon Boosts Custody Business

In an effort to significantly penetrate the fast-growing Custody Business, the wealth management wing of Bank of New York Mellon Corp. (BK) is planning to expand its securities custody business among registered investment advisers (RIAs), Reuters reported on Monday. The fast-growing... 

25May2010 | | 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 | | 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 | | 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 | | 0 comments | Continued

(SCHW) Charles Schwab To Be Traded on New York Stock Exchange

Charles Schwab Corp. (SCHW) said on Monday that it will move its stock listing to the New York Stock Exchange (NYSE) from the Nasdaq on March 5, under its current symbol “SCHW”. Till then the shares of Schwab will continue to trade on the Nasdaq. Schwab is returning to... 

23Feb2010 | | 0 comments | Continued

(ETFC) E*TRADE Financial Corporation Reports Earnings In Line – Trims Loss

E*TRADE Financial Corporation‘s (ETFC) fourth-quarter loss of 4 cents per share was in line with the Zacks Consensus Estimate. The loss for the reported quarter significantly narrowed from the loss of 67 cents in the prior quarter and 50 cents in the prior-year quarter. E*TRADE... 

29Jan2010 | | 0 comments | Continued

(SCHW) Charles Schwab Corporation Misses Expectations by a Penny

Charles Schwab Corporation’s (SCHW) fourth quarter fiscal 2009 earnings of 14 cents per share were a penny short of the Zacks Consensus Estimate. However, this compares unfavorably with earnings of 27 cents in the year-ago quarter. The earnings for the quarter were also consistent... 

20Jan2010 | | 0 comments | Continued

(SCHW) The Charles Schwab to Slash Trading Fees

In an effort to grab more investments from customers, The Charles Schwab Corp. (SCHW) said on Thursday that it will cut trading fees 31% to a flat $8.95 for its smaller clients starting Jan 19, 2010. The new fees will be applicable to Schwab’s investors with accounts of less... 

8Jan2010 | | 0 comments | Continued

(SCHW) Charles Schwab Corporation Provides Weak Outlook

Charles Schwab Corporation (SCHW) said on Monday that it expects fourth-quarter earnings to be between 2 cents and 4 cents lower than its third-quarter earnings of 17 cents per share. The decrease in earnings will result from pressure on revenue due to lower interest rates and... 

15Dec2009 | | 0 comments | Continued