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Stock Market & Financial Investment News

News Breaks
July 14, 2013
13:27 EDTSCHWCharles Schwab looks expensive, Barron's says
Charles Schwab looks expensive at 28 times earnings estimates when compared to other brokerages and especially against banks with large asset management businesses, Barron's contends in its The Trader column. 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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