Charles Schwab Corporation ( SCHW ) reported better-than-expected third-quarter results on Tuesday and analysts are weighing in.  The Details: Charles Schwab ( SCHW ) saw revenue rise 5% to $4.85 billion with clients' daily average trades growing 9% year-over-year. JPMorgan analyst Kenneth Worthington pointed to Schwab as a leading brand for retail financial services and ​said its large and engaged...

ASML Holding N.V. ( ASML ) shares continue to move lower on Wednesday, adding to steep losses from Tuesday after the chip equipment maker cut its full-year outlook. What Happened: ASML ( ASML ) shares closed Tuesday down 16% after the company lowered its sales outlook due to weak demand for chips outside of AI. ASML ( ASML ) reported...

12:58 PM EDT, 10/16/2024 (MT Newswires) -- Cedar Leaf Capital, Canada's first majority Indigenous-owned investment dealer, and a partnership between Scotiabank (BNS.TO), Nch'kay Development, Des Nedhe Group, and Chippewas of Rama First Nation, says it has received all required regulatory approvals. The new investment dealer, which plans to open its doors at the end of this month, aims to create...

12:57 PM EDT, 10/16/2024 (MT Newswires) -- RTX (RTX) agreed to pay $290 million to settle claims of violating US arms export laws, Bloomberg reported Wednesday. The company was being investigated by the US Department of Justice's criminal fraud section for alleged violations of the Foreign Corrupt Practices Act between 2012 and 2016. In addition to the fine, the company...