|Bid||43.71 x 1800|
|Ask||43.91 x 1000|
|Day's Range||43.39 - 44.35|
|52 Week Range||42.93 - 60.22|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||11.68|
|Forward Dividend & Yield||1.20 (2.78%)|
|1y Target Est||N/A|
Both TD Ameritrade (AMTD) and Schwab (SCHW) are well poised for growth on the back of strong fundamentals. Yet, TD Ameritrade holds an edge over Schwab on the basis of several factors.
TD Ameritrade (AMTD) appears to be a promising bet, riding on robust fundamentals and long-term growth opportunities. However, elevated expenses are a concern.
The Toronto-Dominion Bank (TSX:TD)(NYSE:TD) is the fastest-growing big six bank, but this smaller bank may be even better
Student debt is on the rise, and instead of incurring that debt at a young age some people are putting off college.
Readers hoping to buy TD Ameritrade Holding Corporation (NASDAQ:AMTD) for its dividend will need to make their move...
(Bloomberg) -- Blockchain.com, which has created more than 40 million digital-asset wallets, is moving into the trading side of cryptocurrencies with a new exchange.The Pit, a London-based marketplace, will offer Bitcoin, Ether, Bitcoin Cash, Tether, Litecoin and Paxos. Customers can deposit funds immediately, with trading beginning soon. The idea came from the the boom-and-bust cycle of 2017 and 2018, when exchange performance was spotty at best, Blockchain.com Chief Executive Officer Peter Smith said in an interview.“After that cycle we stepped back and said, ‘What do we need to do differently next time?’ That’s when you start reinvesting,” Smith said. “We wanted to build a Wall Street or a Chicago-level matching engine,” he said, referring to software that pairs buyers and sellers.Exchanges for the $248 billion cryptocurrency market have a woeful record of hacks, thefts, fraud and mismanagement stretching to 2014 when 850,000 Bitcoins were stolen from Mt. Gox, the largest Bitcoin site at the time. Services to keep digital coins safe, known as custody, have been slow to develop.The Pit will execute orders in under 50 microseconds, compared with 200 to 500 milliseconds at most crypto exchanges, Smith said. He declined to identify any banks working with Blockchain.com, saying only that lenders will allow customers to deposit U.S. dollars, euros and British pounds on to the exchange.New Crypto Exchanges Don’t Want (to Hold) Your Money: QuickTakeThe exchange’s servers will reside in the Equinix LD4 facility in London, allowing connections to most of the world’s largest banks and investors.To help build the market, Blockchain.com brought in Nicole Sherrod as head of trading products. She spent more than 20 years in online brokerages and helped build the Think or Swim trading system at TD Ameritrade Holding Corp.“I thought I was retired,” Sherrod said in an interview. Then, looking at the crypto marketplace, “I realized there was a tremendous opportunity to do work there.”Sherrod said she watched as order books dried up and market-makers stepped away during the intensely volatile markets of 2017 when “reliability was a big issue, and then liquidity.” Since then, there hasn’t been much news about digital exchanges improving their systems and robustness, she said.Blockchain.com claims that 25% of all Bitcoin transactions originate with one of its wallets. The company will encourage users to keep their digital coins in their wallets rather than on the exchange, Smith said.“The promise of crypto is direct bearer assets” that form “the basis of a self-sovereign economy,” Smith said. The exchange is “an investment in the future of the crypto market.”To contact the reporter on this story: Matthew Leising in Los Angeles at firstname.lastname@example.orgTo contact the editors responsible for this story: Michael J. Moore at email@example.com, Dan Reichl, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Investors could soon be trading stocks while behind the wheel. TD Ameritrade is rolling out voice-activated technology that allows users to check their portfolios and listen to real-time quotes while driving.
TD Ameritrade Chief Information Officer Vijay Sankaran called this a "naturalnext step" and another way the company is "using complex technology to weaveinvesting seamlessly into our daily lives
(Bloomberg) -- TD Ameritrade Holding Corp. Chief Executive Officer Tim Hockey said his departure from the online brokerage no later than the end of February 2020 has nothing to do with mergers and acquisitions, “pro or con.”Hockey, in a phone interview, brushed off a direct question about whether the move was related to a potential deal with E*Trade Financial Corp. “Everything we do,” he said, seems to center around “M&A activity.”The exit wasn’t due to any “one thing,” and the decision came after a series of talks with the board, in keeping with “conversations CEOs have with boards.” He said the details of those should remain confidential.Shares of TD Ameritrade were lower by about 0.9% as of 11:36 a.m. in New York after erasing an earlier 1.3% gain. New York-based E*Trade’s shares gained as much as 2.4% to the highest since May 21.On Monday, the Omaha-based company abruptly announced Hockey’s departure and said the board will begin a search for a successor. The move surprised Wall Street, particularly as the stock has outperformed the S&P 500 during his tenure, and led to speculation the company may be on the hunt for an acquisition.The exit “puts shares in the penalty box,” Wolfe Research’s Steven Chubak wrote in a note. “The news came as a shock as Hockey was generally well liked by the investment community,” and shares performed well under his leadership, prompting Chubak to wonder why he’s “being asked to leave.” Chubak dismissed hopes the change would increase the likelihood of a combination with E*Trade, as “we find such speculation unhelpful, as hope is not a strategy.”Hockey said the change is not to take another job immediately and there was no violation of conduct. He called his departure, after more than three decades at TD, a “very significant shift” for the psyche. “You get an opportunity to know who you are as a person,” he said.On Monday, TD Ameritrade also reported third-quarter adjusted earnings per share of $1.04 versus analysts’ estimates of 97 cents. Average client trades per day in the quarter were about 825,000, up 5% compared with the prior year. Trades per day in July so far are 780,000.Hockey flagged seasonal slowness, including the “summer doldrums,” and added that people may have been expecting higher tax refunds.Geopolitical tension with Iran is “having an impact,” he added. At the same time, he said news that ordinarily would trigger a spike in volatility, like tankers being seized in the Strait of Hormuz, isn’t doing so. “This abnormality will end,” he warned.To contact the reporter on this story: Felice Maranz in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Jeremy R. Cooke, Jennifer Bissell-LinskFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
TD Ameritrade's (AMTD) Q3 fiscal 2019 (ending Jun 30) earnings performance highlight top-line strength, higher expenses and steady trading activity.
TD Ameritrade (AMTD) delivered earnings and revenue surprises of 7.22% and 1.84%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Since TD Ameritrade Holding Corporation (NASDAQ:AMTD) released its earnings in March 2019, it seems that analyst...
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger...
E*TRADE's (ETFC) Q2 performance displays a rise in net interest income, a benefit to provision for loan losses and improved DARTs, partly muted by fall in fee income and higher expenses.
TD Ameritrade (AMTD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Increase in refinancing due to lower rates is likely to aid Zions' (ZION) fee revenues in the second quarter of 2019. However, muted growth in NII might hurt earnings growth.
Citizens Financial's (CFG) Q2 earnings are likely to reflect slight rise in interest income and higher fee income. However, expenses are expected to increase.