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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:48 EDTSCHWCharles Schwab reports Q4 EPS 23c, consensus 21c
Reports Q4 revenue $1.44B, consensus $1.4B. Net new retail brokerage accounts for the quarter totaled 34,000, up from 4,000 a year ago; total accounts reached 6.2M as of December 31, 2013, up 2% year-over-year.
News For SCHW From The Last 14 Days
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May 1, 2015
09:01 EDTSCHWCharles Schwab statement on money market fund reform
The company says "As a leader in money market fund reform, Charles Schwab Investment Management is committed to providing all investors with as much clarity as possible on the impact and implications of the money market fund reform issued by the Securities and Exchange Commission in July, 2014. We have spent significant time reviewing the amendments and listening to our investors' preferences. We want to assure our retail and institutional shareholders that we will continue to offer a variety of investment options and a robust product lineup that includes Prime, Municipal and Government money market funds. Specifically, retail investors will continue to have access to a lineup of Schwab Prime, Municipal and Government money market funds with a CNAV.2 For those no longer eligible for our CNAV Prime and Municipal money market funds under the new money market fund reform amendments, we plan to make floating NAV money funds available. At this time, our Board of Trustees has elected not to implement liquidity fees or redemption gates on Schwab Government money market funds."
April 23, 2015
09:26 EDTSCHWCharles Schwab to hold a webcast
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