Trade Tracker: Stephanie Link sells Schwab and buys more Truist
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to break down her latest portfolio moves.
Charles Schwab (SCHW) CEO Succession Plan
"I have big shoes to fill," says current @CharlesSchwab President Rich Wurster, but adds that he's "very well prepared" to become the company's next CEO. He'll succeed Walt Bettinger on January 1st after leading the company for 16 years.
Charles Schwab CEO Walt Bettinger on retirement: 'Incredibly excited' to turn it over to Rick
Charles Schwab CEO Walt Bettinger and President Rick Wurster join 'Squawk Box' to discuss news of Bettinger retiring as CEO at the end of December after 16 years leading the brokerage firm, whether there will be any immediate change in strategy, impact of the Fed's interest rate decision on the company, and more.
Charles Schwab CEO to Retire at End of the Year
Walt Bettinger has led the company since late 2008.
Charles Schwab CEO Walt Bettinger to retire at end of 2024, Rick Wurster to replace him
After 16 years leading the brokerage firm, Bettinger will be replaced by an internal CEO hire.
Why Schwab Won't Benefit From Interest Rate Cuts
Most of the popular online brokerage firm's revenue is net interest revenue. If interest rates fall from here, however, this important business threatens Charles Schwab's overall top and bottom lines.
High Rates & Strategic Buyouts Aid Schwab Amid Rising Expenses
SCHW remains well-poised for growth, given high rates, rising client assets and a decent liquidity position. Yet, rising costs and weak trading revenues are concerning.
Schwab Stock Up on Solid Q3 Revenue View, Higher August Client Assets
SCHW expects to record a sequential improvement in Q3 total revenues. Should you buy the stock on this favorable development?
Why Charles Schwab Is Rising Today
Schwab reported strong net new asset growth in August. The company also saw only a modest decline in transactional sweep cash.
Why Charles Schwab Stock Tumbled on Thursday
One of the largest domestic banks launched coverage of the financial services mainstay. It didn't exactly provide a ringing endorsement, however.
Charles Schwab: A Profitable Top 20 Bank To Buy Below Its Moving Average
Charles Schwab is trading below its 200-day SMA, presenting a buying opportunity despite a recent Piper Sandler downgrade. Schwab dividends have proven stable and sustainable as the firm has seen Q2 YoY profit growth. Future revenue growth expected as new brokerage and wealth management clients have grown.
Charles Schwab's Initiative Changes Are a Long-Term Positive
The cliché "Short-term pain for long-term gain" rings true in the stock market, notably during earnings season. Companies that miss forecasts or cut guidance find their stocks punished as investors jump ship for greener pastures.
