Fox Business - The Power to Prosper
Search Site

TD Ameritrade

Related Topics

  1. E*TRADE Financial
  2. Charles Schwab
  3. European Debt Crisis
  4. OptionsXpress
  5. Interactive Brokers Group
  6. Progressive Corp.
Get updates on TD Ameritrade
Online Brokerages Rally as Investors Bid Up Equities

More retail investors are putting their money into the market, and online brokerages are reaping much of the benefit.Shares of the major online brokerages ticked higher on Thursday following upbeat trading data for the month of May from both TD Ameritrade (NASDAQ:AMTD) and E*Trade (NASDAQ:ETFC) as investors poured cash into equities.TD Ameritrade said average client trades per day climbed 13% in May to 417,000 from the same period last year. Trades were up 9% from April.The Omaha, Neb.-based securities brokerage said total client assets as of May 31 were $530.9 billion, up 23% from the year-earlier period, while average spread-based balances grew 14% to $83.8 billion. Average fee-based balances grew 37% to $119.9 billion from the same period in 2012.Shares of TD Ameritrade jumped 2% to $22.90 in recent trade and are up close to 38% on the year. Credit Suisse (NYSE:CS) raised its price target on the company to $19 from $18.50, but maintained its "neutral" rating.E*Trade's shares rose 1%...

Read More ›

  1. 10 Things You Didn't Know About Your Finances

     Are you making the most of your money?  Read our list of 10 things you most likely didn't know about your own finances–then use these tips to get your finances in o...

  2. Schwab CEO: Company Scales Back Expense Growth Forecast for 2013

    Charles Schwab Corp. (SCHW) Chief Executive Walt Bettinger told investors on Thursday how many notches the firm will tighten its belt amid soft trading volumes and l...

  3. E*Trade 1st-Quarter Profit Falls 44% as Trading Activity Declines

    E*Trade Financial Corp. (ETFC) said its first-quarter profit fell 44% as the online brokerage experienced weaker customer trading volume, though it set aside less mo...

  4. How Can Investors Protect Their Money?

    United Advisors Chief Market Strategist Scott Martin, “Trade Like a Stock Market Wizard” author Mark Minervini and StreetTalk Advisors CEO Lance Roberts on the market outlook.

  5. TD Ameritrade Second-Quarter Profit Up 5.1%; Asset Revenue Climbs

    TD Ameritrade Holding Corp.'s (AMTD) fiscal second-quarter profit rose 5.1%, helped by a nearly 20% increase in net new assets, but the online brokerage said its tra...

  6. Planning for Retirement: Where to Start

    There are two keys to retirement: planning and starting early. And it seems as if the younger generations have taken note.According to a 2012 survey by TD Ameritrade...

  7. TD Ameritrade CEO: Trading Activity Remains Below Our Expectations

    TD Ameritrade Holding Corp. (AMTD) Chief Executive Fred Tomczyk said that while investor sentiment has improved, the engagement "remains tepid" and trading activity ...

  8. Coca-Cola Narrowly Tops Estimates, TD Ameritrade Matches

    FBN’s Diane Macedo breaks down the earnings reports.

  9. TD Ameritrade's 2Q Profit Up 5% Despite Low Trading Volume

    Aided by slightly improved revenue, TD Ameritrade Holding Corp. (NYSE:AMTD) recorded a second-quarter profit that rose 5.1% despite trading volume that remained weak...

  10. TD Ameritrade 2nd-Quarter Profit Rose 5.1% Amid Modest Revenue Growth, Lower Expenses

    TD Ameritrade Holding Corp.'s (AMTD) fiscal second-quarter earnings rose 5.1% as the online brokerage posted modestly stronger revenue and lower operating expenses, ...

  11. Charles Schwab 1st-Quarter Net Up 5.6%; Net New Assets Rise

    Charles Schwab Corp.'s (SCHW) first-quarter profit rose 5.6% from a year ago as a stock market rally boosted the company's net new assets by 12% and asset management...

  12. Benzinga Market Primer: Monday, April 8

    Futures Creep Higher Despite Korean Tensions, Weak PayrollsU.S. equity futures crept higher in early pre-market trade Monday despite North Korea increasing rhetoric ...

  1. New CBOE Chief Sees Global Trade in Fear

    The former trader who has just taken the reins of the biggest U.S. stock-options exchange wants to introduce more of the world to fear.Edward Tilly, who this week as...

  2. TD Ameritrade Hires Ex-E*Trade Executives

    TD Ameritrade Holding Corp. (AMTD) hired two former executives of online brokerage rival E*Trade Financial Corp. (ETFC) to fill lead roles within its fixed income bu...

  3. Schwab Shareholders Approve Company's Executive-Compensation Plan

    Charles Schwab Corp. (SCHW) shareholders approved last year's compensation for top executives of the discount brokerage and signed off on a company proposal to issue...

  4. Tax-Efficient Investing: Easy Tips to Increase Your Retirement Savings

    Among the thousands of theories written about investing, two stand above the rest to inspire awe and fear. The first, compound interest, is a seemingly magical prope...

  5. Big U.S. brokerage firms are thriving, not diving: report

    Forecasts of a steady deterioration in profit at Merrill Lynch, Morgan Stanley , Wells Fargo Advisors and UBS Wealth Management Americas are highly exaggerated, anal...

  6. Gov. Heineman: We Don’t Spend Money We Don’t Have

    Gov. Dave Heineman, (R-Neb.), on the economic impact of the Berkshire Hathaway annual meeting and the Keystone Pipeline.

  7. Big four U.S. brokerage firms are thriving, not diving: report

    Forecasts of a steady deterioration in profit at Merrill Lynch, Morgan Stanley , Wells Fargo Advisors and UBS Wealth Management Americas are highly exaggerated, anal...

‹ Prev12345…Next ›
Freebase CC-BY
Source: TD Ameritrade on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL