October 29, 2008 |
The worsening U.S. economy is leading more Americans to curtail saving for retirement, a new TD Ameritrade Holding Corp. study said. The economy was cited by 50% of those who said they had stopped or reduced contributions to their retirement plans, said TD Ameritrade, an online brokerage. Unemployment and the cost of healthcare were other common reasons cited, respectively, by 32% and 25% of people surveyed. Pressure on retirement account funding is expected to grow as fewer U.S. employers offer traditional pension plans and the federal government struggles to shore up Social Security's long-term finances.
July 25, 2008 |
NEW YORK -- Tribune Co. is inviting at least three potential buyers who submitted bids for the Chicago Cubs and Wrigley Field near or above $1 billion to participate in a second round of proposals, according to a person involved in the process.
February 20, 2007 |
E-Trade Financial Corp. unveiled a global trading platform that makes it the first U.S. discount brokerage to give customers the ability to trade foreign-listed stocks online. The pilot project, which begins with 1,000 E-Trade customers this week, allows them to buy, hold and sell stocks in Canada, France, Germany, Hong Kong, Japan and Britain. The rollout is expected to take two months before all customers have access, and could one day expand to 42 international markets.
February 17, 1999 |
Online brokerage Ameritrade Holding Corp. is broadcasting its annual shareholders meeting live this morning at 7:30 Pacific time on its Web site. Those wishing to take part can register by selecting the annual meeting icon at http://www.amtd.com. * Marimba Inc., a Mountain View, Calif., supplier of technology that lets companies distribute and update software over the Internet, filed Tuesday for a $56-million initial public offering.
July 18, 2007 |
Charles Schwab Corp. said Tuesday that its second-quarter profit increased 16% as its "Talk to Chuck" ads and rising stock prices helped drive the discount brokerage's fastest growth in customer accounts in five years. Net income climbed to $292 million, or 23 cents a share, from $251 million, or 19 cents, a year earlier. Revenue rose 10% to $1.21 billion.
September 30, 1999 |
Internet brokerage stocks surged late Wednesday as analysts reported increased trading volume and President Clinton pledged a fight to block taxes on electronic commerce. E-Trade Group Inc., the No. 2 Internet broker, rose $2.75, or 12%, to $25, its biggest jump in six weeks. National Discount Brokers Group Inc. soared $3.38, or 13%, to $28.50. Knight/Trimark Group Inc. climbed $2.94, or 9%, to $31. Ameritrade Holding Corp. gained $1.44, or 8%, to $19.13. Charles Schwab Corp. rallied $1.
January 19, 2004 |
Here are the key upcoming business and economic events. Monday U.S. financial markets closed for Martin Luther King Day. Tuesday * Treasury Department reports on federal budget for December. * Jury questioning scheduled to begin in the trial of Martha Stewart, accused of lying about her sale of nearly 4,000 shares of ImClone Systems stock. * Among those reporting fourth-quarter earnings: 3M Co., Advanced Micro Devices Inc., Ameritrade Holding Corp., Bank One Corp., Citigroup Inc.
January 4, 2007 |
The Securities and Exchange Commission will review a decision that allows markets such as the New York Stock Exchange to charge fees for stock price information, granting a request by opponents of the fees such as Google Inc. and Yahoo Inc. The SEC said it would examine its October decision to let NYSE Group Inc.'s Arca electronic market charge for market data that it had previously provided for free.
April 21, 2004 |
Charles Schwab Corp., the biggest U.S. discount brokerage, said Tuesday that its first-quarter profit rose as a strong increase in trading volume boosted the company's commission revenue. Schwab, based in San Francisco, reported net income of $161 million, or 12 cents a share, compared with $71 million, or 5 cents a share, in the year-earlier period. Revenue rose 32% to $1.1 billion, Schwab said. Analysts on average expected earnings of 12 cents a share. The company said it pulled in $13.
March 23, 2005 |
Charles Schwab Corp. will cut the fee it charges certain customers for options contracts by 32%, echoing a move this month by Ameritrade Holding Corp. Schwab customers who place 30 or more trades per quarter or have more than $1 million in assets at Schwab will pay $9.95 per trade plus 95 cents per option contract, down from $1.40 per contract, the San Francisco-based company said Tuesday.