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Stock Market & Financial Investment News

News Breaks
July 10, 2014
09:23 EDTCME, SCHWCME Group Charles Schwab outlook positive, says Bernstein
Bernstein believes that CME Group (CME) and Charles Schwab (SCHW) should benefit as investors position themselves for interest rates to rise next year.
News For CME;SCHW From The Last 14 Days
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August 27, 2014
17:22 EDTCMECME Group promotes John Pietrowicz to CFO
CME Group announced that it has promoted John Pietrowicz to Senior Managing Director and CFO as James E. Parisi, who has held that role since 2004, will retire from the company on December 31. Pietrowicz who has been with the company since 2003 and has been serving most recently as Senior Managing Director, Corporate Development & Finance and Deputy CFO, will move into the CFO role effective upon Parisi's resignation. Parisi will remain with the organization in his current role through yearend to ensure a smooth transition.
06:58 EDTSCHWMorgan Stanley wins $15M arbitration suit vs. Schwab, Reuters says
A Financial Regulatory Authority arbitration panel in San Francisco ruled that Morgan Stanley (MS) won a $15M arbitration lawsuit against Charles Schwab (SCHW), who accused the bank of unlawfully recruiting brokers from a Schwab San Francisco division that left with confidential data, according to Reuters, citing comments from a Charles Schwab spokesman. The ruling ended a disagreement which had lasted two years. Reference Link
August 25, 2014
06:42 EDTCMECME restarts electronic trading after mishap postpones open, Reuters says
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