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Joe Moglia

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BUSINESS
October 22, 2003 | From Bloomberg News and Reuters
Online brokerages Charles Schwab Corp. and Ameritrade Holdings Corp. on Tuesday reported quarterly profits compared with year-earlier losses, as Wall Street's rally brought small investors back to stocks. Schwab, the largest discount broker by assets, had net income of $127 million, or 9 cents a share, compared with a loss of $4 million in the third quarter of 2002. But the San Francisco-based firm disappointed some analysts by reporting a decline in new-account openings.
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BUSINESS
June 8, 2004 | Josh Friedman, Times Staff Writer
JB Oxford Holdings Inc. agreed Monday to sell its discount brokerage business to Ameritrade Holding Corp., raising new questions about the troubled Beverly Hills firm's future. Ameritrade would buy JB Oxford's 50,000 online brokerage accounts for $26 million. That would leave JB Oxford with just one primary business, processing trades for independent broker-dealers.
BUSINESS
June 23, 2005 | Walter Hamilton, Times Staff Writer
Ameritrade Holding Corp. said Wednesday that it would buy electronic brokerage rival TD Waterhouse USA in an acquisition that analysts said underscored how cutthroat competition and anemic trading volumes were transforming the beleaguered online trading industry. The $2.
BUSINESS
April 9, 2002 | JOSH FRIEDMAN, TIMES STAFF WRITER
Ameritrade Holding Corp. agreed Monday to buy rival Datek Online Holdings Corp. for $1.3 billion in stock in a bid to become the biggest Internet broker as measured by average daily trades. The deal comes as online trading continues to wane amid the stock market's two-year slump. But Ameritrade said the combined company stands to benefit from cost savings and an eventual recovery in trading volume. Industrywide, online trading has plunged more than 50% from its peak in the first quarter of 2000.
BUSINESS
July 5, 2005 | Josh Friedman, Times Staff Writer
At Dartmouth College, Joe Moglia was defensive coordinator for two teams that won Ivy League football championships. But lately, as chief executive of online stock brokerage Ameritrade Holding Corp., Moglia is playing offense. Omaha-based Ameritrade agreed last month to buy rival TD Waterhouse USA from Canada's Toronto Dominion Bank in a deal valued at $2.
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