brokerage firms

brokerage firms Articles

If someone told you that Charles Schwab Corp. (NASDAQ:SCHW) was back in positive territory on the day the market fell 300 points in the DJIA AND on a day that many of its customers could not even...
E*Trade Financial Corp. (NASDAQ:ETFC) released the industry metric that Wall Street looks at to see how its overall trading revenues are going.  Its DARTs (daily average revenue trades) rose a...
If you have followed the Blackstone Group L.P. (NYSE:BX) units on a post-IPO basis, then you will know it is almost impossible to cover without noting how the listed unit has traded lower and...
Citigroup Inc. (NYSE:), the largest bank by market cap in the U.S., is slated to post Q2 2007 earnings early Friday morning.  First Call estimates are listed as $1.13 EPS and almost $24.9 Billion in...
Rodman & Renshaw, a boutique brokerage firm, has effectively come public via a reverse merger with a shell company.  The company has filed to sell up to $86.25 million in security sales.   The...
Online brokerage giant, Charles Schwab Corp. (NASDAQ:SCHW) has unveiled some new pricing plans for its bond trading to entice more online brokerage account defections away from competitors.  It has...
Stock Tickers: GS, MER, MS, LEH, BSC The raw number of shares that are measured in the short interest in bulge bracket brokerage firm and investment banking stocks did increase, although if you look...
Bear Stearns (BSC-NYSE) $2.52 EPS net, but on an adjusted basis it is $3.40 EPS versus $3.50 estimate; Revenues were $2.51 Billion versus $2.33 Billion estimate.  The annualized return on common...
Lehman Brothers (LEH-NYSE) has reported Q2 2007 earnings.  The company posted $2.21 EPS and Revenues $5.51 Billion versus street estimates of $1.88 EPS and $4.97 Billion.  The results saw a 55%...
Stock Tickers: BSC, GS, LEH, MS This Week could have quite easily been titled "Brokerage Firms Earnings Season."  We have earnings reports from the major bulge-bracket Wall Street firms this week....
Eddie Lampert’s ESL Investments is reportedly set to raise a few billion dollars for the new ESL hedge fund.  What would Lampert be able to do with more money?  He’d be able to take larger and...
Stock Tickers: AMTD, ETFC, SCHW, IBKR S.A.C. and JANA have issued a response to TD AMERITRADE’s (AMTD-NASDAQ) noting that this was not necessarily the best time to pursue a combination.  Of course...
In a somewhat surprising move, Prudential Financial, Inc. (PRU-NYSE) has decided to jettison its institutional equity research, sales, amnd trading business known as Prudential Equity Group. This...
JANA Partners and S.A.C. Capital Advisors notified TD AMERITRADE that their funds have an aggregate “economic interest” in approximately 50 million shares of TD AMERITRADE, amounting to 8.4% of...
Stock Tickers: ETFC, AMTD, SCHW, NITE, OXPS, TRAD, IBKR The short interest in online brokers is often a guage as to what traders are thinking about the markets because it is one of the directly...