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Fly News Breaks for May 19, 2015
SCHW
May 19, 2015 | 08:08 EDT
JMP Securities believes that the change to Charles Schwab's Advisor Services cash feature effectively raises the threshold for money fund eligibility and should accelerate the company's balance sheet growth. The firm thinks the change could increase the company's annual EPS by 5c+. It reiterates an Outperform rating on the shares.
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