Tuesday 22 October 2019

TD Ameritrade CEO: We're ready for battle in the zero commission wars

Online brokers are beginning to adjust to life without commissions. TD Ameritrade is the latest broker to report solid earnings and revenue, even though it is about to take a big hit from eliminating commissions.
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TD Ameritrade CEO: We're ready for battle in the zero commission wars
Online brokers are beginning to adjust to life without commissions. TD Ameritrade is the latest broker to report solid earnings and revenue, even though it is about to take a big hit from eliminating commissions. Read more »
 
Will the housing market continue to prop up the US economy?
Despite a recent drop in retail sales, softer business spending and a slowdown in job growth, the housing market keeps humming along. That's good news for a US economy that may need housing to keep the current recovery alive. Read more »
 
WeWork takeover by SoftBank reportedly includes big payout for former CEO
WeWork co-founder Adam Neumann will reportedly get about $1.7 billion under a deal in which SoftBank will take control of the troubled company. Read more »
 
Hasbro hit hard by tariffs just before the holidays
The Force and Frozen couldn't save toy maker Hasbro from the US-China trade war. Read more »
 
Under Armour founder steps down as CEO
Under Armour is making changes at the top as it continues to struggle against its rivals. Read more »
 
McDonald's shares slip as competition heats up
Growth at McDonald's slowed in the third quarter, suggesting that the chain is feeling the heat from competitors who are getting aggressive on breakfast and plant-based menu items. Read more »
 
 
 
 
Dow Nasdaq S&P
-39.54   -58.69   -10.73
26,788.10   8,104.30   2,995.99
-0.15%   -0.72%   -0.36%
YTD +14.84%   YTD +22.14%   YTD +19.51%
 
Biggest Winners
Biogen Inc +26.11%
 
Harley-Davidson Inc +7.98%
 
Under Armour Inc +6.88%
 
L Brands Inc +6.81%
Biggest Losers
Hasbro Inc -16.76%
 
Travelers Companies Inc -8.29%
 
Kimberly-Clark Corp -7.05%
 
Cadence Design Systems Inc -5.71%
Hottest ETF
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NYSE Market Volume
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Oil $54.31 -0.17 / -0.31%
Gold $1,491.00 +3.50 / +0.24%
10-yr 1.77% -0.02
Euro $1.11 -0.00 / -0.24%
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