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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 14, 2014
10:57 EDTSCHWCharles Schwab DARTs momentum continued in July, says UBS
UBS noted that Charles Schwab's (SCHW) daily average revenue trades, or DARTS, increased 3% sequentially in July, adding that if the acceleration can continue deeper into the quarter that the firm sees upside potential relative to estimates. However, UBS also pointed out that Schwab's 3% sequential pickup is below what peers TD Ameritrade (AMTD) and E-Trade (ETFC) reported in recent days. UBS maintain its Buy rating and $32 price target on shares of Charles Schwab.
10:05 EDTSCHWOn The Fly: Analyst Initiation Summary
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08:47 EDTSCHWCharles Schwab reports July-end total client assets $2.38T
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07:47 EDTSCHWDeutsche Bank hosts an analyst Online Brokers/Industry conference call
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06:40 EDTSCHWCharles Schwab initiated with a Buy at Deutsche Bank
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