Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Charles Schwab Corp.’s stock SCHW, +2.54% fell 0.5% on Wednesday on the heels of a report by RIABiz that the broker has laid off up to 2,000 employees this week as part of a previously disclosed effort to save $500 million in the second half of the year.
William Blair analyst Jeff Schmitt reiterated an outperform rating on Schwab “due to the potential for a significant rebound in EPS in 2024 and 2025 as cash sorting abates, short-term funding costs decline, client cash stabilizes, organic growth returns to historic levels and share buybacks reemerge,” Schmitt said in a research note on Tuesday.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
JPMorgan, Bank of America stocks rise in premarket after big drops in the previous sessionSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »
Western Digital’s stock jumps on plan to spin off flash memory unit to shareholdersSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »
Morgan Stanley files bond offering in latest bank to raise capitalSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »
Morgan Stanley files bond offering in latest Wall Street name to raise capitalSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »
JetBlue swings to a loss, stock falls in premarket tradesSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »
JetBlue stock loses altitude after facing 'staggering' weather delays — and warns of a wider-than-expected Q4 lossSteve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »