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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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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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