Self-Directed Investors Lift Growth At Online Brokers

By | April 15, 2014

Scalper1 News

If there was one message from Charles Schwab’s (SCHW) earnings report Tuesday, it’s that the self-directed investor is alive and well. First-quarter profit at Schwab jumped 60% from a year ago to 24 cents a share, the fourth straight quarter of accelerating sales growth. Q1 sales slowed a bit but still showed impressive growth, rising 15% to nearly $1.48 billion. Bottom-line and top-line growth topped expectations (see story on A1). Chartwise, Scalper1 News

Scalper1 News