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Stock Market & Financial Investment News

News Breaks
December 3, 2012
08:11 EDTSCHWCharles Schwab management to meet with UBS
Field trip to company headquarters to be held in San Francisco on December 3 hosted by UBS.
News For SCHW From The Last 14 Days
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March 6, 2015
06:41 EDTSCHWSchwab to launch automated software investment service, NY Times says
Charles Schwab will introduce a program that will use automated software to advise small investors on how to allocate their money, according to The New York Times. Schwab says the service will be free, but the newspaper notes that Schwab will make money from fees on some of its ETFs, by selling trade orders from other firms, and from the spread between the interest that the company will pay on investors' cash and the interest it earns on the cash, the newspaper stated. Schwab's new software program is generally recommending that investors hold higher levels of cash than many advisers recommend, the newspaper reported. Reference Link
March 2, 2015
08:14 EDTSCHWBlackRock, State Street may lose advantage over newer ETF firms, Reuters says
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