Will Schwab Sell at a Discount?
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Employees at the institutional investing unit of brokerage Charles Schwab (SCH ) are anxiously awaiting an announcement from management that their division is to be sold to investment bank UBS (UBS ) for a reported $265 million.
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After the write-downs and the stake sales, Citigroup is still looking for additional capital. So the wounded financial giant may be turning to the next option: selling some of its private equity portfolios. PE Hub's Dan Primack reported Wednesday that Citi is in talks to sell $1.4 billion worth of two portfolios. One is $1 billion [...].
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Putnam Investments begins this business day as a company that is very publicly up for sale. Just a block away in Boston's Financial District, a much smaller firm will spend the day discreetly looking for asset managers it can buy into or finance.
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Discount brokerage Charles Schwab Corp.  posted a 16 percent increase in second-quarter profit on Tuesday as new policies to attract clients paid off.
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Struggling to get back to basics, Charles Schwab Corp. on Tuesday said it is selling its institutional investment and research division, Schwab SoundView Capital Markets, for $265 million.
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Are shares of this bank really bargain-priced?
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SAN FRANCISCO (Dow Jones/AP) -- Financial services firm Charles Schwab Corp. said its brokerage subsidiary will open 54 satellite offices as part of a change in its retail branch strategy aimed at providing more in-person financial advice.
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Parting is such sweet sorrow? Charles Schwab &amp; Co. (nyse: SCH - news - people ) will keep ousted Chief Executive David Pottruck on the books under a $10 million contract that also has the possibility of big stock awards.
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SAN FRANCISCO (CBS.MW) -- Charles Schwab &amp; Co. is opening new offices that are smaller than its current branches as part of a plan to cut costs and compete with discount-brokerage rivals, the company said Thursday.
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Charles Schwab Corp.  the biggest U.S. discount brokerage, on Monday said it would cut trading fees for the second time since June in a bid to outmaneuver rivals amid fierce competition.
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SAN FRANCISCO (CBS.MW) -- Berkshire Hathaway said Thursday that the US Securities and Exchange Commission asked for information about its sales of so-called nontraditional or loss-mitigation insurance.
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Claire's Stores has been smacked around for the past few weeks. Is the stock cheap enough to buy?
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For some investors, today may seem like a discount day for shares of the coffee purveyor.
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Swiss banking giant UBS AG announced Tuesday that it is buying the capital markets division of discount brokerage Charles Schwab Corp. in a &#36;265 million bid to become one of the top traders on the NASDAQ exchange.
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Investors may want to shop elsewhere for inexpensive retail stocks.
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Discount brokerage Charles Schwab Corp. suffered a $41 million loss during its fiscal third quarter as it absorbed costs from job cuts and other restructuring steps it hopes will reverse a protracted slump.
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Charles Schwab Corp. SCH.N the  biggest U.S. discount brokerage, on Monday said it would cut  trading fees for the second time since June in a bid to  outmaneuver rivals amid fierce competition.