Ameritrade Holding News

It might be odd, but the online investment brokerage business might end up as a beneficiary of the great financial meltdown of late 2008.

TD Ameritrade Holding Corp. CEO Fredric Tomczyk commented on the recent move by a "competitor" to offer no-commission trading on its proprietary exchange-traded funds at an investor conference held Nov.

Both IBKR and OXPS are major players in the once-again booming options markets, as well as in equities, futures and FOREX.

OMAHA, Neb.-- --Fred Tomczyk, president and chief executive officer of TD AMERITRADE Holding Corporation , will give a presentation and Q&A session on Thursday, Nov.

A judge on Thursday overturned a settlement allowing major outdoor advertising companies to convert more than 800 billboards in Los Angeles into digital displays, but declined to revoke permits already granted for about 100 conversions.

Moreover, each company is scored relative to its market index and its industry group.

I made comment to a friend in the middle of last week that it seemed like the wheels were coming off the market.

Corporate executives have learned nothing from the recession. As the economy recovers, they should use the cash they piled up during the bad times to build new plants and make sensible acquisitions while costs are low and they can leverage their spending with low-interest debt.

Futures flat as traders digest plethora of earnings reports and a sharp drop in Asian stock prices.

While TD Ameritrade Holding Corp predicted a bold jump in trading by individuals next year, smaller online broker E*Trade Financial Corp , dealing with in-house loan losses, cautioned that much uncertainty still lies ahead.

E*Trade Financial Corp. , the online brokerage that hasna t turned a profit in two years because of bad home loans, reported a smaller third-quarter loss than analysts estimated as trading increased from a year earlier.

TD Ameritrade President & CEO Fredric J. Tomczyk, third left, is accompanied by colleagues and Nasdaq Executive Vice President Bruce Aust, second from right, during opening bell ceremonies in New York, Tuesday, Oct.

It's easy for individual investors to gravitate toward the discount brokers. If you're taking control of your finances and arriving at your own buy-and-sell entry points, online discounters look pretty good.

TD Ameritrade said profit fell to $156.7 million, or 26 cents a share, from $172 million, or 29 cents a share, a year earlier.

A decision by IBM Corp. to double its stock-repurchase plan propped up the Dow Jones industrials, but the Nasdaq composite index slid after Baidu Inc., the Chinese Internet search company, warned its revenue could take a hit as it switches its advertising system.

The Toronto stock market sustained a sharp triple-digit loss Tuesday as investors took profits for a third straight day amid mixed earnings results and disappointing American consumer data.

TD Ameritrade Holding Corp fourth quarter revenues rose 1.3% to $657.9 million and net income fell 9% to $156.7 million or 26 cents a share.

Official word came out Tuesday morning, that the family that founded Omaha-based TD Ameritrade now owns 95 percent controlling interest in the Chicago Cubs baseball team, its storied Wrigley Field ballpark, and a 25 percent share of Comcast Sportsnet.

TD Ameritrade Holding Corp ., the third-largest retail brokerage by client assets, said earnings fell 8.9 percent as lower interest rates curbed gains from more trading.

Online brokerage TD Ameritrade Holding Corp. says its fiscal fourth-quarter profit fell 9 percent as its expenses rose while low interest rates limited its revenue growth.