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Stock Market & Financial Investment News

News Breaks
December 7, 2012
07:38 EDTSCHWSchwab wants ETFs avaliable commission free to its customers, Reuters reports
Charles Schwab Corp. (SCHW) has been meeting with exchange-traded fund providers in an attempt to convince them to join a new network that would make ETFs available commission-free to the brokerage's 8.6M customers, reports Reuters. But the ETF providers are reluctant to agree to the idea because they would have to pay Schwab a marketing fee they say is too high, sources say.Reference Link
News For SCHW From The Last 14 Days
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May 19, 2015
09:02 EDTSCHWCharles Schwab lowers fees in Schwab 529 College Savings Plan
Charles Schwab announced that it is reducing fees in the Schwab 529 College Savings Plan effective July 17, 2015. The actively-managed portfolios are being reduced by an average of 20 percent, with total expense ratios now ranging from 0.41 to 1.01%, down from 0.41 to 1.34%. The passive index portfolios will decrease 45 percent to a total expense ratio of 0.30% down from 0.55%. The fee reductions are aimed at giving parents, relatives and friends an even more cost-effective way to save for a child’s higher education, a top priority for many investors as college expenses continue to rise.
08:08 EDTSCHWCharles Schwab Advisor Services change positive, says JMP Securities
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May 14, 2015
08:47 EDTSCHWCharles Schwab reports April net new assets totaled $9.1B
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