TD Ameritrade performing well but global problems may affect it and US economy this year

Associated Press

TD Ameritrade executives say the U.S. economy is performing well, but economic and political uncertainty in the rest of the world could affect that this year.

The online brokerage held its annual meeting Thursday.

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TD Ameritrade Chairman Joe Moglia says it would make sense for investors to bet on strength in the U.S. economy and weakness in much of the rest of the world.

Moglia says global events will affect TD Ameritrade. But company officials remain optimistic.

TD Ameritrade predicts earning between $1.45 and $1.70 per share in 2015, up from $1.42 in fiscal 2014.

Ameritrade said it earned $787 million, or $1.42 per share, in fiscal 2014 on $3.1 billion revenue. That was up from $675 million net income, or $1.22 per share, on $2.8 billion revenue.