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Stock Market & Financial Investment News

News Breaks
May 14, 2014
08:48 EDTSCHWCharles Schwab reports April new net assets $0.3B
Charles Schwab released its Monthly Market Activity Report and company highlights for the month of April include net new assets brought to the company by new and existing clients in April totaled $0.3B, reflecting client cash disbursements during tax season. Reports total client assets were $2.31T as of month-end April, up 10% from April 2013 and flat compared to March. Reports clients’ daily average trades were 534.9K in April, up 14% compared to April 2013 and up 4% compared to March. Reports April 2014 trading activity included a 6% sequential decrease in daily average revenue trades.
News For SCHW From The Last 14 Days
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November 14, 2014
08:47 EDTSCHWCharles Schwab reports October net new assets $7.9B
The Charles Schwab Corporation released its Monthly Activity Report. Company highlights for the month of October 2014 include: Net new assets brought to the company by new and existing clients in October 2014 totaled $7.9B. Total client assets were $2.44T as of month-end October, up 12% from October 2013 and up 2% compared to September 2014. Average interest-earning assets on the company’s balance sheet were a record $141.5B as of month-end October, up 5% from October 2013 and up 1% compared to September 2014.

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