Key Developments For TD Ameritrade Holding Corporation
TD Ameritrade Holding Corporation (AMTD.O) (Nasdaq)
Ameritrade Holding Corporation Announces Pricing of $1.25 Billion Senior Notes Offering
Ameritrade Holding Corporation announced that it has agreed to sell the following in an underwritten public offering: $250 million, 2.950% senior unsecured notes due 2012: $500 million, 4.150% senior unsecured notes due 2014: $500 million, 5.600% senior unsecured notes due 2019. Banc of America Securities LLC and Citigroup Global Markets Inc. are acting as joint book-running managers and joint lead managers of the offering.
Ameritrade Holding Corporation Sells $1.25 Billion Of Notes In 3 Parts-Reuters
Reuters reported that according to IFR, a Thomson Reuters service, Ameritrade Holding Corporation sold $1.25 billion of notes in a three-part sale. The offering included $250 million of three-year notes priced to yield 175 basis points over comparable U.S. Treasuries and $500 million of five-year notes priced to yield 200 basis points more than Treasuries. It also included $500 million of 10-year notes yielding 225 basis points over U.S. Treasuries. The joint book managers on the sale were Bank of America Merrill Lynch and Citigroup.
E-Trade Financial Corp. Shares Rallies After Reports Spur Takeover Talk With Ameritrade Holding Corporation-NYT
The Newyork Times reported that E-Trade Financial Corp. shares surged after media reports fed speculation that Ameritrade Holding Corporation could make a bid for E-Trade Financial.
Ameritrade Holding Corporation Issues FY 2010 EPS Guidance Above Analysts' Estimates
Ameritrade Holding Corporation announced that for fiscal 2010, it expects to earn between $1.10 and $1.40 per share (EPS). According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.05 for the same period.
Judge Rejects Ameritrade Holding Corporation Data Theft Settlement-AP
The Associated Press reported that a federal judge has refused to approve a class-action settlement over contact information stolen from online brokerage Ameritrade Holding Corporation. U.S. District Judge Vaughn Walker in San Francisco says the deal offers little significant benefit to the more than 6 million current and former customers affected. The proposed deal offered anti-spam software and a promise of tighter security at Ameritrade Holding Corporation. Walker rejected the deal in an order filed despite giving it preliminary approval earlier this year. He said the deal appeared to do more for Ameritrade and for the plaintiffs' lawyers, who were set to receive nearly $1.9 million in legal fees, than it did for the victims. Anyone who held an Ameritrade account or provided an e-mail address to the company before September 14, 2007, could have benefited from the settlement if it had been approved. The breached database included information on 6.2 million current and former customers.
