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AMTD

TD Ameritrade

$50.07

0.61 (1.23%)

, SCHW

Charles Schwab

$45.01

-0.168 (-0.37%)

12:02
10/06/17
10/06
12:02
10/06/17
12:02

Massachusetts AG probing payment for order flow, FT reports

After contacting the securities division of the Massachusetts Attorney General to discuss the brokerage industry practice known as "payment for order flow," the Financial Times' John Dizard was told that, "as the securities division has an open investigation on this very topic, we are not able to comment on this issue at this time." Dizard noted in his report that payment for order flow is "a significant revenue item for most, though not all, of the big brokers," specifically pointing to figures for Charles Schwab (SCHW) and TD Ameritrade (AMTD). E-Trade (ETFC) is another publicly traded discount brokerage operator. Reference Link

AMTD

TD Ameritrade

$50.07

0.61 (1.23%)

SCHW

Charles Schwab

$45.01

-0.168 (-0.37%)

ETFC

E-Trade

$45.01

0.76 (1.72%)

  • 14

    Oct

  • 19

    Oct

  • 20

    Oct

  • 22

    Oct

  • 07

    Nov

AMTD TD Ameritrade
$50.07

0.61 (1.23%)

07/19/17
RHCO
07/19/17
NO CHANGE
RHCO
TD Ameritrade price target raised to $50 from $46 at SunTrust
SunTrust analyst Douglas Mewhirter increased his price target on TD Ameritrade as he says that the company reported "strong" Q3 results. He says that the company's "underappreciated institutional segment...should continue to thrive, and the pending Scottrade merger should generate considerable value." The analyst keeps a Buy rating on the stock.
08/28/17
JEFF
08/28/17
NO CHANGE
Target $43
JEFF
Hold
TD Ameritrade fundamentals look good ahead of Scottrade deal, says Jefferies
After spending time with management, Jefferies analyst Daniel Fannon says TD Ameritrade's fundamentals look good ahead of the Scottrade transaction close. Ameritrade is seeing strong customer activity and solid net new asset growth trends, Fannon tells investors in a research note. He adds that the Scottrade deal is poised to close in the near term. The analyst keeps a Hold rating on TD Ameritrade with a $43 price target.
10/03/17
GSCO
10/03/17
INITIATION
GSCO
Neutral
TD Ameritrade reinstated with a Neutral at Goldman Sachs
Goldman analyst Conor Fitzgerald reinstated TD Ameritrade with a Neutral and $53 price target saying current valuation reflects Scottrade accretion.
10/03/17
10/03/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Xerox (XRX) initiated with a Neutral at UBS. 2. United Rentals (URI) reinstated with a Hold at Deutsche Bank. 3. Home Depot (HD) initiated with a Buy at Gordon Haskett. 4. TD Ameritrade (AMTD) reinstated with a Neutral at Goldman Sachs. 5. West Pharmaceutical (WST) initiated with an Equal Weight at Stephens. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
SCHW Charles Schwab
$45.01

-0.168 (-0.37%)

07/13/17
RSBL
07/13/17
INITIATION
Target $46
RSBL
Neutral
Charles Schwab initiated with a Neutral at Rosenblatt
Rosenblatt analyst Chris Allen initiated Schwab with a Neutral and a $46 price target citing a challenging near-term growth outlook, slowing balance sheet growth, and balanced risk/reward at current levels.
09/08/17
LEHM
09/08/17
INITIATION
Target $48
LEHM
Overweight
Charles Schwab initiated with an Overweight at Barclays
Barclays analyst Jeremy Campbell started Charles Schwab with an Overweight rating and $48 price target. The analyst initiated U.S. Brokers, Asset Managers & Exchanges with a Neutral industry view.
07/24/17
NOMU
07/24/17
DOWNGRADE
NOMU
Neutral
Charles Schwab downgraded to Neutral from Buy at Nomura Instinet
Nomura Instinet analyst Steven Chubak downgraded Charles Schwab to Neutral citing year-to-date share appreciation and high consensus forecasts. The analsyt views risk/reward as more balanced and sees downside risk to 2018 Street estimates given high NII estimates.
07/13/17
07/13/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. HP Inc. (HPQ), 3D Systems (DDD), and Stratasys (SSYS) were initiated with a Neutral at Susquehanna. 2. Danaher (DHR) initiated with a Market Perform at Wells Fargo. 3. E-Trade (ETFC) and TD Ameritrade (AMTD) were initiated with a Buy at Rosenblatt, while Charles Schwab (SCHW) was initiated with a Neutral. 4. C&J Energy Services (CJ) initiated with a Buy at Jefferies. 5. BIO-key (BKYI) initiated with a Buy at Maxim. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
ETFC E-Trade
$45.01

0.76 (1.72%)

07/21/17
WELS
07/21/17
NO CHANGE
WELS
E-Trade shares should be up more, says Wells Fargo
Wells Fargo believes that E-Trade's stock should be up more after the company reported stronger than expected Q2 results and announced what the firm calls "an aggressive capital return plan." Wells increased its longer term EPS estimates for the company by more than 10% and keeps an Outperform rating on the shares.
07/24/17
RHCO
07/24/17
NO CHANGE
RHCO
E-Trade price target raised to $49 from $43 at SunTrust
SunTrust analyst Douglas Mewhirter increased his price target on E-Trade after the company reported Q2 results that he called "strong." The analyst raised his EPS estimates for the company and keeps a Buy rating on the shares.
09/08/17
LEHM
09/08/17
INITIATION
Target $45
LEHM
Overweight
E-Trade initiated with an Overweight at Barclays
Barclays analyst Jeremy Campbell started E-Trade with an Overweight rating and $45 price target. The analyst initiated U.S. Brokers, Asset Managers & Exchanges with a Neutral industry view.

TODAY'S FREE FLY STORIES

RMP

Rice Midstream

$20.33

-0.56 (-2.68%)

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ASND

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EVTC

Evertec

$16.05

-0.15 (-0.93%)

03:42
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WRI

Weingarten Realty

$27.15

-0.55 (-1.99%)

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MNTA

Momenta

$16.35

0.4 (2.51%)

03:36
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03:36
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Momenta rating change  »

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HOC

Holly

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CLVS

Clovis

$54.93

1.22 (2.27%)

03:34
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  • 26

    Feb

HST

Host Hotels

$19.22

-0.29 (-1.49%)

03:34
02/22/18
02/22
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03:34
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Host Hotels rating change  »

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  • 22

    Feb

SLCA

U.S. Silica

$25.15

-5.6 (-18.21%)

03:33
02/22/18
02/22
03:33
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03:33
Downgrade
U.S. Silica rating change  »

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  • 30

    May

JELD

Jeld-Wen

$34.50

-3.14 (-8.34%)

03:33
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  • 22

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TEO

Telecom Argentina

$34.09

-0.19 (-0.55%)

03:32
02/22/18
02/22
03:32
02/22/18
03:32
Downgrade
Telecom Argentina rating change  »

Telecom Argentina…

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03:30
02/22/18
02/22
03:30
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03:30
General news
FX Action: USD-CAD clocked a two-month high »

FX Action: USD-CAD…

JELD

Jeld-Wen

$34.50

-3.14 (-8.34%)

03:27
02/22/18
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03:27
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03:27
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Jeld-Wen rating change  »

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  • 22

    Feb

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    Mar

ALKS

Alkermes

$63.19

-1.56 (-2.41%)

03:27
02/22/18
02/22
03:27
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03:27
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Alkermes rating change  »

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MSA

MSA Safety

$80.25

3.79 (4.96%)

03:25
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  • 12

    Mar

02:50
02/22/18
02/22
02:50
02/22/18
02:50
General news
FX Update: The dollar has continued to mostly trade firmer »

FX Update: The dollar…

02:15
02/22/18
02/22
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02:15
General news
Asian Market Summary: »

Asian Market Summary:…

00:00
02/22/18
02/22
00:00
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00:00
General news
Breaking General news story  »

Federal Reserve Vice…

NEM

Newmont Mining

$38.16

-0.23 (-0.60%)

, HRL

Hormel Foods

$32.68

-1.12 (-3.31%)

20:25
02/21/18
02/21
20:25
02/21/18
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

NEM

Newmont Mining

$38.16

-0.23 (-0.60%)

HRL

Hormel Foods

$32.68

-1.12 (-3.31%)

APA

Apache

$37.20

-1.1 (-2.87%)

LDOS

Leidos

$65.21

-1.02 (-1.54%)

W

Wayfair

$95.69

-0.61 (-0.63%)

OA

Orbital ATK

$131.80

-0.02 (-0.02%)

TREE

LendingTree

$371.25

-7.8 (-2.06%)

SFM

Sprouts Farmers Market

$26.12

0.12 (0.46%)

TPX

Tempur Sealy

$54.97

1.17 (2.17%)

SAFM

Sanderson Farms

$128.00

-3.44 (-2.62%)

03/08/13
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  • 21

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  • 25

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  • 07

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    Mar

AIMT

Aimmune

$32.21

-2.75 (-7.87%)

20:04
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Syndicate
Aimmune 5.5M share Secondary priced at $32.00 »

BofA/Merrill, Cantor…

03/08/13
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  • 02

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    Feb

20:00
02/21/18
02/21
20:00
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20:00
General news
Breaking General news story  »

Minneapolis Federal…

NUAN

Nuance

$16.28

-0.28 (-1.69%)

19:10
02/21/18
02/21
19:10
02/21/18
19:10
Periodicals
Nuance discontinues Swype feature development, Verge reports »

Nuance has ceased…

03/08/13
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  • 26

    Feb

SSNLF

Samsung

, QCOM

Qualcomm

$63.40

-0.59 (-0.92%)

19:04
02/21/18
02/21
19:04
02/21/18
19:04
Hot Stocks
Samsung, Qualcomm expand foundry cooperation on EUV process technology »

Samsung Electronics…

SSNLF

Samsung

QCOM

Qualcomm

$63.40

-0.59 (-0.92%)

03/08/13
Wedge Partners
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03/06/13
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  • 26

    Feb

  • 06

    Mar

CATY

Cathay General

$42.84

0.43 (1.01%)

18:59
02/21/18
02/21
18:59
02/21/18
18:59
Hot Stocks
Cathay General executive chairman Cheng sells 25,000 common shares »

In a regulatory filing,…

03/08/13
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SUN

Sunoco

$30.00

-0.08 (-0.27%)

18:42
02/21/18
02/21
18:42
02/21/18
18:42
Earnings
Sunoco reports Q4 EPS $2.01, may not compare to consensus 35c »

Reports Q4 revenue $3B,…

03/08/13
Wedge Partners
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  • 22

    Feb

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