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Stock Market & Financial Investment News

News Breaks
May 13, 2013
19:32 EDTSCHWCharles Schwab founder sells 1.5M shares, Barron's says
Charles Schwab sold 1.5M shares of the company that bears his name for total proceeds of more than $25M, reports Barron's Inside Scoop. The report says this sale brings Schwab's direct holdings to 1.38M shares, or less than 1% of the company, though Schwab indirectly holds more than 163M Schwab shares through various entities. Reference Link
News For SCHW From The Last 14 Days
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August 27, 2014
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

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