International Business News - SCHW http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Charles Schwab Corp.'s May average daily trading volume rose 15 percent in May, the online brokerage said Friday. Average daily trading volume rose to 304,700 last month from 265,000 a year ago. http://www.ibtimes.com/articles/20080613/schwab-may-daily-trading-volume-jumps-15-percent.htm Fri, 13 Jun 2008 10:53:09 EDT A Northern California man was arraigned Wednesday on federal charges after he allegedly used the names of cartoon characters to open fraudulent online brokerage accounts. http://www.ibtimes.com/articles/20080528/calif-man-charged-with-defrauding-brokerages.htm Wed, 28 May 2008 21:20:57 EDT Discount broker Charles Schwab Corp. spent almost $500,000 in the first quarter lobbying on tax rates and other issues, according to a disclosure form. http://www.ibtimes.com/articles/20080522/charles-schwab-spent-490-000-lobbying.htm Thu, 22 May 2008 15:57:34 EDT Oppenheimer & Co. analyst Meredith Whitney predicts the credit crisis gripping financial companies is "far from over," and believes losses could be far worse than even the most pessimistic estimates suggest. http://www.ibtimes.com/articles/20080520/oppenheimer-analyst-says-financial-losses-not-over.htm Tue, 20 May 2008 10:44:37 EDT Cash is starting to flow out of money market accounts as interest rates on those accounts have tumbled along with the Federal Reserve Board's recent spate of cuts. http://www.ibtimes.com/articles/20080502/market-spotlight-money-market-funds-and-recent-rate-cuts.htm Fri, 02 May 2008 17:42:15 EDT It has been a terrible six months for financial stocks _ or at least most of them. A handful of companies, including Charles Schwab Corp., Discover Financial Services and MasterCard Inc. have thrived in spite of the credit crisis, or in some cases because of it. http://www.ibtimes.com/articles/20080425/some-financial-stocks-thrive-amid-credit-crisis.htm Fri, 25 Apr 2008 16:03:57 EDT E-Trade Financial Corp. may have reported a loss while TD Ameritrade Holding Corp. showed a profit, but the results tell the same story: The discount brokerage industry remained healthy in the first ... http://www.ibtimes.com/articles/20080417/e-trade-td-ameritrade-report-customers-kept-trading-in-1q.htm Thu, 17 Apr 2008 18:10:50 EDT As retail brokerages begin to report first-quarter financial results, their performance should be boosted by market volatility. But, analysts widely agree that boost is likely short lived. "We're p... http://www.ibtimes.com/articles/20080416/market-spotlight-volatility-seen-boosting-retail-brokers.htm Wed, 16 Apr 2008 16:57:16 EDT Among the earnings stories for Tuesday, April 15, from AP Financial News: SAN FRANCISCO (AP) Charles Schwab Corp. first-quarter profit rose 12 percent to catapult the discount stock brokerage to the... http://www.ibtimes.com/articles/20080415/earnings-roundup-charles-schwab-j-j.htm Tue, 15 Apr 2008 14:23:55 EDT Charles Schwab Corp. first-quarter profit rose 12 percent to catapult the discount stock brokerage to the most prosperous start in its history, providing a glimmer of good news amid the gloom hanging... http://www.ibtimes.com/articles/20080415/schwab-posts-its-best-1q-ever-lands-246-000-new-accounts.htm Tue, 15 Apr 2008 12:58:44 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Northwest Airlines Corp., down 64 cents at $10.58 Analysts forecast more cons... http://www.ibtimes.com/articles/20080415/northwest-crocs-j-j-among-big-market-movers-tuesday.htm Tue, 15 Apr 2008 12:30:34 EDT Charles Schwab says its profit leaped 12 percent in the first quarter as clients continued to open new accounts and entrust more money to the brokerage despite a tumultuous period in the stock market... http://www.ibtimes.com/articles/20080415/new-accounts-drive-charles-schwabs-1q.htm Tue, 15 Apr 2008 09:23:50 EDT Charles Schwab says its profit leaped 12 percent in the first quarter as clients continued to open new accounts and entrust more money to the brokerage despite a tumultuous period in the stock market... http://www.ibtimes.com/articles/20080415/charles-schwabs-1q-profit-jumps.htm Tue, 15 Apr 2008 09:20:05 EDT Charles Schwab Corp. is slated to report its results for the first quarter next week. Following is a summary of analyst commentary and key developments related to the period: OVERVIEW: Charles Schwa... http://www.ibtimes.com/articles/20080411/earnings-preview-charles-schwab.htm Fri, 11 Apr 2008 17:50:28 EDT Retail brokerage Charles Schwab Corp. said Wednesday it expanded its platform to provide more services to independent investment advisers. Schwab increased its managed account services platform, including expanding the selection of available strategies and introduction of multi-strategy portfolio options. http://www.ibtimes.com/articles/20080326/schwab-expands-managed-services-platform.htm Wed, 26 Mar 2008 13:50:11 EDT E-Trade Financial shares are slipping after analysts said they have become more pessimistic about brokerage stocks. UBS analyst Glenn Schoor downgraded shares of rival online brokerage TD Ameritrade Holding Corp. and five other financial services stocks Monday, saying a cash squeeze in the financial markets is going to get worse. Schoor lowered his rating to "Neutral" from "Buy." http://www.ibtimes.com/articles/20080317/e-trade-falls-on-downgrades-of-rival.htm Mon, 17 Mar 2008 09:56:22 EDT Bear Stearns Cos. led financial shares sharply lower in premarket trading Monday, as news of a last-minute buyout of the ailing investment house and an emergency rate cut by the Federal Reserve confirmed fears about the economy. http://www.ibtimes.com/articles/20080317/premarket-movers-bear-stearns-falls.htm Mon, 17 Mar 2008 07:34:26 EDT Discount brokerage Charles Schwab Corp. said Friday daily average trades in February rose 5 percent to 289,400. The company, which competes against TD Ameritrade and E-Trade, said it added $12.5 billion in net client assets in the month and finished February with 10 percent higher client assets of $1.39 trillion. http://www.ibtimes.com/articles/20080314/schwab-february-volume-up-5-percent.htm Fri, 14 Mar 2008 08:36:45 EDT Donald Layton, newly appointed chief executive of E-Trade Financial Corp., said Monday there are no plans to sell or break up the embattled online brokerage. http://www.ibtimes.com/articles/20080303/e-trade-ceo-sees-sale-unlikely.htm Mon, 03 Mar 2008 13:39:42 EST Breaking even has never sounded so good. As a once-bull market boom extends its descent into bear market misery, the Big Three U.S. online brokerages are having to rewrite their sales pitches. While Charles Schwab, E-Trade, and TD Ameritrade used to talk about making money for investors, now in the credit crisis era, it's instead about preserving capital. http://www.ibtimes.com/articles/20080222/sales-pitch-changes-for-online-brokers.htm Fri, 22 Feb 2008 17:10:33 EST