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Stock Market & Financial Investment News

News Breaks
April 4, 2014
07:36 EDTAMTD, ETFC, SCHWE-brokers decline 'seems excessive,' says Wells Fargo
Wells Fargo believes that the decline in e-brokers E*TRADE Financial Corp.(ETFC), TD Ameritrade Holding Corp.(AMTD), and Charles Schwab Corporation (SCHW) "seems excessive." The firm believes the weakness was caused by concerns that the companies' payment for order flow, or PFOF, could be curtailed in the wake of the controversy over high frequency trading. Wells thinks these concerns are premature, as more data would be needed before PFOF could be banned. Wells keeps an Outperform rating on TD Ameritrade, and Market Perform ratings on Ameritrade and Charles Schwab.
News For ETFC;AMTD;SCHW From The Last 14 Days
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August 28, 2015
09:36 EDTSCHWCharles Schwab says systems issues 'should now be resolved'
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09:24 EDTSCHWCharles Schwab experiencing systems issues
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August 24, 2015
11:03 EDTAMTDTD Ameritrade says in tweet, 'observing street wide latency issues'
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09:41 EDTSCHWCharles Schwab fined $2M by FNRA for net capital deficiencies
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August 21, 2015
08:40 EDTAMTDCanadian Security Traders Association to hold a conference
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