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Fly News Breaks for February 3, 2017
SCHW, ETFC, AMTD
Feb 3, 2017 | 07:25 EDT
CLSA analyst Robert Rutschow would buy TD Ameritrade (AMTD) and E-Trade (ETFC) relative to Charles Schwab (SCHW) following Schwab's cut in its rack rate pricing. The analyst sees little impact to TD Ameritrade and E-Trade but said the move could hurt Schwab's revenue.
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