| //11-24-2008 |
Is Change in Sight?
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| //11-24-2008 |
Rodger Riney, Founder, President and CEO of Scottrade, was named a national finalist for the Ernst & Young LLP Entrepreneur Of The Year® 2008 Award in the Financial Services category. Ernst & Young’s program recognizes outstanding entrepreneurs who are building and leading dynamic, high-growth businesses on a regional, national and global level.
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| //11-21-2008 |
Investors remain unconvinced that a spate of policy measures from governments and central banks can combat global recession, and are retaining defensive positions, according to Merrill Lynch's Survey of Fund Managers for November.
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| //11-21-2008 |
Charles Schwab is now making industry insights and benchmarking data compiled from clients on its retirement plan platform available to third party administrator (TPA) clients.
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| //11-21-2008 |
E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) released its Monthly Activity Report for October. The Company's gross new retail accounts opened in October were 131,475 with net new retail accounts of 63,538. Total Daily Average Revenue Trades ("DARTs") increased 15 percent over September levels to 248,817. The Company's total retail customer assets declined $22.8 billion from September to total $119.4 billion driven by the declining stock market.
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| //11-21-2008 |
Riney recognized for growing one of the largest online brokerage firms in the country
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| //11-21-2008 |
New Capabilities Give Online Traders Access to Hundreds of New Offerings Each Week and an Increased Ability to Search for the Right Bond Issue
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| //11-18-2008 |
Is Change in Sight?
October turned out to be one of the worst months in financial market history. During the first seven trading days of the month, the Dow lost more than 20% of its value and set multiple volatility records including a record 800-point intraday tumble on October 6th. Although the Dow rebounded over 900 points and set a new record for largest single-day point increase on October 13th, these gains were soon erased and stocks were at new five-year lows by October 27th. Overall, the Dow lost 15.4% for the month, making it the 11th-worst month in its history and worst month since 1987
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| //11-18-2008 |
The Society for New Communications Research (SNCR) Bestows Commendation of Excellence on TradeKing during 2008 Symposium and Awards Gala
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| //11-18-2008 |
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| //11-17-2008 |
Fidelity Investments today announced that it added more than 200,000 net new client accounts in Q3 2008 across its three brokerage units (Fidelity Retail Brokerage, Fidelity Institutional Wealth ServicesSM and National Financial®), totaling 18.3 million accounts, a 4 percent increase compared to one year ago. The company attributes the growth in part to individual investors seeking a firm with the strength and reputation of Fidelity.
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| //11-17-2008 |
Online investment firm’s free User Summit educates customers, incorporates social networking, Web casts, and branch office support
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| //11-17-2008 |
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| //11-14-2008 |
E*TRADE FINANCIAL Corporation (NASDAQ: ETFC) today announced that it will retire all $450 million of its 6.125% subordinated notes due 2018. The notes will be retired in connection with the issuance of 25 million shares of E*TRADE common stock on November 18, 2008, at an effective issue price of $18 per share. These notes are a part of the mandatory convertible debt securities E*TRADE issued in November 2005.
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| //11-13-2008 |
Firm Also Hires Jonathan Witter to Help Lead Retail Banking Expansion; Management Appointments Are Latest Step in Firm’s Effort to Build Out Retail Banking Business and Deposit Base
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| //11-13-2008 |
Corresponding Survey Shows That Respondents Are on the Right Track but Need Help Creating and Sticking to a Savings Plan
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| //11-13-2008 |
Online investment firm expands its Tampa branch office network to support online trading services
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| //11-13-2008 |
Firstrade will rebate the fee charged by the investor's financial institution when wiring funds into a new or existing Firstrade account.
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| //11-12-2008 |
2008 Scottrade American Investor Study reveals generational differences in confidence levels and decision-making habits among investors
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| //11-12-2008 |
Investment advisors are leaving established financial firms and becoming independent registered investment advisors (RIAs) because they want to work for themselves, deliver more personalized service to clients, and achieve long-term financial success, reports a Schwab Institutional survey of newly independent registered investment advisors.
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