|Bid||50.92 x 4000|
|Ask||51.80 x 1000|
|Day's Range||50.32 - 51.01|
|52 Week Range||38.06 - 60.22|
|PE Ratio (TTM)||25.82|
|Earnings Date||Oct 15, 2018 - Oct 19, 2018|
|Forward Dividend & Yield||0.52 (1.03%)|
|1y Target Est||60.00|
Schwab (SCHW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Charles Schwab's (SCHW) revenues likely to improve, moving ahead, driven by steady growth in client assets and average interest earning assets.
New research from Charles Schwab , which surveyed 2,000 young Americans aged 16 to 25, suggests that young people may be too optimistic about their financial future and may not yet fully understand some important financial concepts. "Our personal responsibility for financial management has increased dramatically, but our basic understanding of our finances has lagged behind," says Carrie Schwab-Pomerantz, board chair and president of the Charles Schwab Foundation. To see how young people would handle a small cash windfall, Charles Schwab asked survey respondents: If you instantly had an extra $1,000 that you could do whatever you want with, what would you do with it?
For the first half of 2018, three exchange-traded fund (ETF) issuers in the U.S. captured more than 80% of all net U.S. ETF inflows. In the ETF space, the expense ratio is one of the most significant considerations that investors keep in mind when determining where to invest. At this point, ETFs have to keep expense ratios at a shockingly low level if they hope to compete with a growing field of rivals.
Young adults aged 16 to 20, or "Generation Z," have accumulated over $4,000 in debt on average, according to a new survey by Charles Schwab.
A decade after the onset of the financial crisis, American young adults are optimistic about their future financial success but demonstrate behaviors that suggest they may be unprepared for the realities of achieving it. New research from Charles Schwab indicates that while 81 percent of young adults age 16 to 25 witnessed their parents experience financial hardship, 76 percent believe they will have a better financial future than their parents. Unfortunately, they simultaneously face real personal financial challenges—having incurred average savings of just $1,628 and debt of $8,003—and seem to have a genuine lack of understanding about debt in general.
Women who want to manage money seem to be having better luck doing it someplace other than Wall Street. U.S. firms with the highest share of female portfolio managers are located thousands of miles from Manhattan, according to new Morningstar Inc. research. Dodge & Cox and Charles Schwab Corp. -- both with headquarters in San Francisco -- are top ranked at 30 percent and 28 percent, while Franklin Resources Inc., with $724 billion in assets as of June 30, is tied for the third and based in nearby San Mateo, California.
Stock trading platforms such as AvaTrade and IQOption are failing to secure sensitive data including passwords, according to a report exposing significant vulnerabilities in their software. Cyber security company IOActive discovered that many desktop, web and mobile apps used to trade stocks were often far less secure than retail banking apps, opening the way for cyber criminals to intercept data and communications. IOActive examined 16 desktop applications, 34 mobile apps and 30 websites in the past year.
This month, one of the biggest investment firms decided not only to make lunch free but to throw in dinner as well. On one hand, this was only a small, natural progression in the intensifying price war that is reshaping the investment industry.
When some investment firms say they will treat your money as if it were their own, they mean it?all too well. Investors invest, but of course they leave billions in cash in brokerage accounts, too. At Morgan Stanley, $6.3 billion of that cash is in a money-market mutual fund yielding 1.8%.
When some investment firms say they will treat your money as if it were their own, they mean it -- all too well. Investors invest, but of course they leave billions in cash in brokerage accounts, too. At Morgan Stanley , $6.3 billion of that cash is in a money-market mutual fund yielding 1.8%.
Kully Samra, U.K. managing director at Charles Schwab, discusses the outlook for the U.S. economy and Federal Reserve policy ahead of today's jobs data. He speaks on "Bloomberg Surveillance." ...
Fidelity's two free index funds are part of a move intended to give Fidelity a leg up on the retail investment industry’s dominant player, Vanguard Group, and other close competitors like Charles Schwab.
Fidelity Investments rolled out a number of new products and features Wednesday aimed at providing investors with value and flexibility. What Happened? Fidelity announced a series of changes and enhancements ...
In the race to the bottom, Fidelity Investments has apparently come in first. The funds, Fidelity Zero Total Market Index and Fidelity Zero International Index, will use in-house benchmarks, which means Fidelity won’t be paying an outside vendor to manage them. “Other asset managers will likely be forced to follow suit and slash their own rates yet again, but zero seems like a hard stop.” While Fidelity was at it Wednesday, it also announced that it’s eliminated investment minimums for its mutual funds and 529 college savings plans available to individual investors directly from Fidelity or through financial advisors.
Shares of asset managers, including industry giant BlackRock (BLK), are falling on Wednesday, on news that privately held Fidelity Investments is launching what may be the first no-cost index funds, the same month that Vanguard Group is waiving fees on all ETF trades on its platform. In many cases, it hasn't been a good year to be an asset manager, with major players throughout the industry, including BlackRock (BLK), Charles Schwab (SBHW), Federated Investors (FII), Franklin Resources (BEN), Invesco (IVZ), and Legg Mason (LM) in the red since the start of 2018. Both the Fidelity Zero Total Market Index fund and the Fidelity Zero International Index fund will be available to investors on Friday, the mutual fund giant said.
Fidelity Investments is introducing two core equity index mutual funds covering the U.S. and international markets without any management fee. The fee war in the index fund and ETF space has been intense with leaders Vanguard Group, Schwab and BlackRock iShares engaged in an endless battle to be the low-fee leader. Experts have long expected that a major fund company would make the move soon to offer core index funds without any fee.
Aug.15 -- Liz Ann Sonders, chief investment strategist at Charles Schwab, discusses the plunge of the Turkish lira and its impact on broader markets. She speaks on "Bloomberg Daybreak: Americas."
Aug.03 -- Steve Wieting, global chief investment strategist at Citi Private Bank, and Kully Samra, U.K. managing director at Charles Schwab, discuss the state of markets and the focus for the Federal Reserve. They speak on "Bloomberg Surveillance."
Aug.03 -- Kully Samra, U.K. managing director at Charles Schwab, discusses the outlook for the U.S. economy and Federal Reserve policy ahead of today's jobs data. He speaks on "Bloomberg Surveillance."