|Bid||43.40 x 6100|
|Ask||43.41 x 1700|
|Day's Range||43.31 - 43.69|
|52 Week Range||30.66 - 46.21|
|PE Ratio (TTM)||29.17|
|Forward Dividend & Yield||0.32 (0.71%)|
|1y Target Est||N/A|
Oct.16 -- Jeff Kleintop, chief global investment strategist at Charles Schwab & Co. Inc., examines stock valuations and earnings expectations. He speaks on "Bloomberg Daybreak: Americas."
Bank of America Corp. (NYSE:BAC) has regained its reputation as America’s best consumer bank.Source: Mike Mozart via Flickr
Charles Schwab's third quarter marked the third quarter in a row in which trading volume declined. Also hurting earnings, rising expenses.
State Street Global Advisors on Monday joined an ongoing low-fee battle by launching a suite of 15 ultra-low-cost equity and bond ETFs.
Charles Schwab reported third-quarter profit Monday that edged past forecasts, while revenue fell well short of estimates.
TD Ameritrade is overhauling its commission-free ETF trading platform, adding dozens of new funds and jettisoning all offerings from Vanguard. The move is intended to put TD on better footing to compete with rivals like Charles Schwab, which offers a broad selection of ETFs. Vanguard, which doesn’t pay brokerage firms to sell its funds, won’t appear on TD Ameritrade’s list of commission-fee options.
Charles Schwab's (SCHW) shares fell half a percentage point despite reporting solid quarterly results on Monday. The fifth-largest exchange-traded fund provider reported diluted earnings per share of $0.42, up 20% year-over-year. Net revenue came in at $2.2 billion in the September quarter, up 13% from the previous period a year ago.
Stocks hit new highs early Monday. Netflix will report after the close, while Apple regained its 50-day line.
The San Francisco-based company said it had earnings of 42 cents per share. The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was ...
Netflix and Charles Schwab are in buy range with earnings due Monday. Meanwhile, new IPO Roku has formed a short IPO base and its first potential buy point.
The S&P 500 has been enjoying a monumental bullish run during the past month that many market analysts were convinced could never happen. You’ve all heard the adage “Buy the rumor and sell the news.” Well, the S&P 500 is in a precarious situation because it appears that everyone on Wall Street, except the perma-bears, has been buying the rumor that earnings season is going to be great and that things could get even better if tax-reform passes. With so much “rumor-buying,” the S&P 500 has risen more than 130 points since its recent low in mid-August, generating a lot of profits that are just sitting there waiting to be taken off the table if the earnings season surprises aren’t bullish enough and traders decide to “sell the news” (see Fig. 1).
With a rate hike probable in December and three more expected in 2018, “money-market funds will become more attractive than they’ve been in a decade,” says Peter Crane, president of Crane Data. Consider the Vanguard Prime Money Market fund (VMMXX), yielding 1.13%, or the Fidelity Money Market fund (SPRXX), yielding 0.99%. Ten years ago, on the cusp of the financial crisis, net annual returns on money funds were just under 5%.
Charles Schwab’s performance in the first half of 2017 was strong, and we expect this trend to continue when the company reports its third quarter earnings on October 16. We believe that interest-earning assets and assets under management will be the key drivers of growth. However, trading revenues
President Trump recently signed into a law concerning research on ETFs which should help Charles Schwab differentiate.
Charles Schwab's director of business consulting services Kimberly Sanders lays out how RAs can standout in a crowded marketplace.