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Charles Schwab Corp (SCHW.N)

SCHW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Charles Schwab reports monthly activity highlights
Friday, 12 Aug 2016 08:45am EDT 

Charles Schwab Corp: Schwab reports monthly activity highlights . Net new assets brought to company by new and existing clients in july 2016 totaled $9.0 billion . Average interest-earning assets on company's balance sheet were $191.9 billion in July, up 21% from july 2015 .Total client assets were $2.70 trillion as of month-end july, up 5% from July 2015.  Full Article

Charles Schwab declares qtrly dividend of $0.07 per share
Thursday, 21 Jul 2016 05:56pm EDT 

Charles Schwab Corp :Board of directors of Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.07 per common share.  Full Article

Schwab Q2 earnings per share $0.30
Monday, 18 Jul 2016 08:45am EDT 

Charles Schwab Corp : Schwab reports record quarterly net income of $452 million, up 28% . Qtrly new retail brokerage accounts for quarter totaled approximately 170,000, down 3% year-over-year . Qtrly net revenues $ 1,828 million versus $1,566 million last year . Q2 earnings per share view $0.30, revenue view $1.80 billion -- Thomson Reuters I/B/E/S . Qtrly earnings per share $0 .30 . At quarter-end, client assets managed by Windhaven totaled $10.6 billion, down 29% from Q2 of 2015 .At quarter-end, client assets managed by ThomasPartners totaled $8.5 billion, up 20% from Q2 of 2015.  Full Article

Charles Schwab says total client assets $2.61 trillion in May, up 1 pct from April
Tuesday, 14 Jun 2016 08:45am EDT 

Charles Schwab Corp : Total client assets were a record $2.61 trillion as of month-end May, up 1% from May 2015 and up 1% compared to April 2016 . Net new assets brought to company by new and existing clients in may 2016 totaled $16.0 billion . Client assets receiving ongoing advisory services were also a record $1.31 trillion as of month-end may, up 3% from may 2015 .Schwab reports monthly activity highlights.  Full Article

Schwab reports monthly activity highlights
Friday, 13 May 2016 09:11am EDT 

Charles Schwab Corp : Total client assets were a $2.58 trillion as of month-end april, up 1% from april 2015 and up 1% compared to march 2016 . Net new assets brought to company by new and existing clients in april 2016 totaled $1.3 billion . Client assets receiving ongoing advisory services were also $1.29 trillion as of month-end april, up 2% from april 2015 .Schwab reports monthly activity highlights.  Full Article

Charles Schwab Corp declares regular quarterly common stock dividend
Thursday, 22 Oct 2015 06:30pm EDT 

Charles Schwab Corp:Declared a regular quarterly cash dividend of $0.06 per common share.Dividend is payable November 20, 2015 to stockholders of record as of the close of business on November 6, 2015.  Full Article

U.S. top court rejects Charles Schwab Corp appeal in breach-of-contract dispute - Reuters
Sunday, 4 Oct 2015 08:00pm EDT 

Charles Schwab Corp:The U.S. Supreme Court on Monday left intact an appeals court decision that allowed a financial adviser to sue Charles Schwab Corp over allegations that the brokerage firm deviated from objectives set for a mutual fund, costing investors millions of dollars in losses - Reuters.The court rejected Schwab's appeal of a March ruling by the 9th U.S. Circuit Court of Appeals that revived the lawsuit - Reuters.The appeals court said Northstar Financial Advisors Inc could sue on behalf of its clients and that Charles Schwab should face claims of breach of contract over the alleged losses in the Schwab Total Bond Index fund - Reuters.Other claims in the original lawsuit are still pending - Reuters.Plaintiffs said that by investing more than 25% of assets in non-agency mortgage securities & collateralized mortgage obligations - Reuters.Schwab portfolio managers ignored the fund's fundamental investment objectives of tracking Lehman Brothers U.S. Aggregate Bond Index & avoiding big industry bets - Reuters.They said this caused the fund to lag its benchmark from Sept. 1, 2007, to Feb. 27, 2009, losing 4.80 percent while the index posted a positive total return of 7.85 percent - Reuters.Writing for the appeals court, Judge Edward Korman, who normally hears cases in Brooklyn, New York, said Schwab's adoption of the fund's fundamental policies were "sufficient to form a contract" between the shareholders and the fund itself - Reuters.  Full Article

Charles Schwab Corporation Declares Regular Quarterly Common Stock Dividend and Preferred Stock Dividend
Thursday, 23 Jul 2015 06:06pm EDT 

Charles Schwab Corporation:Declared a regular quarterly cash dividend of $0.06 per common share.The dividend is payable August 21, 2015 to stockholders of record as of the close of business on August 7, 2015.Also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series B Preferred Stock.The dividend is payable September 1, 2015 to stockholders of record at the close of business on August 17, 2015.  Full Article

Charles Schwab Corp declares regular quarterly common stock dividend and preferred stock dividend
Wednesday, 22 Apr 2015 05:42pm EDT 

Charles Schwab Corp:Declared a regular quarterly cash dividend of $0.06 per common share.Payable May 22 to stockholders of record as of the close of business on May 8.Also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series B Preferred Stock.Payable June 1 to stockholders of record at the close of business on May 15.  Full Article

Charles Schwab Corp declares regular quarterly common stock dividend and preferred stock dividend
Thursday, 29 Jan 2015 05:10pm EST 

Charles Schwab Corp:Declares a regular quarterly cash dividend of $0.06 per common share.Says the dividend is payable Feb. 20 to stockholders of record Feb. 6.Also declares a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series B Preferred Stock.Payable March 2, to stockholders of record at the close of business on Feb. 13.  Full Article

BRIEF- Charles Schwab reports monthly activity highlights

* Net new assets brought to company by new and existing clients in july 2016 totaled $9.0 billion