Pioneering discount stock brokerage Charles Schwab Corp. is setting its sights on the banking industry with a no-fee checking account that will pay an annual yield of 4.25 percent, towering well above the interest rates on similar products that don’t require minimum balances.
Oil spike trips up Wall Street
NEW YORK - A fresh spike in crude oil prices above 55 dollars rattled the stock market Thursday amid a mixed set of economic news and end-of-quarter portfolio adjustments.
Oracle Chairman and Director Each Adopt Rule 10b5-1 Trading Plans
Oracle Corporation today announced that its Chairman Jeff Henley and one of its directors Michael Boskin have each adopted pre-arranged stock trading plans to sell a portion of their company stock over time as part of their individual long-term strategy for asset diversification and liquidity.
Nomura profit declines 26% in third quarter
Less stock trading and competition from banks hurt Japanese company's bottom line.
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