TD Ameritrade Holding Corp. (AMTD), a provider of securities brokerage services and technology-based financial services to retail investors and traders, said its daily client trades fell 6% last month from a year earlier and declined 3% from March. TD Ameritrade averaged 402,000 trades last month.
According to the Argentine presidency's press office, President Cristina Fernandez will announce a major shale oil discovery by the country's largest integrated oil and gas company, YPF SA (YPF). The find is located in the Loma La Lata field in Neuquen Province. YPF SA is trading at a price of $44.00 ,a dramatic change of +0.36 with % change of 0.83 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 17.29B.
China's trade surplus for April widened at a pace far exceeding analysts' expectations whereas, Crude-oil futures fell in electronic trading as a hike to margin requirements put a damper on sentiment toward the commodity.
Microsoft (MSFT) said it will pay $8.5 billion in cash to buy Internet-phone provider Skype from investor group Silver Lake.
Warner Music Group Corp. (WMG), a music content company, said its fiscal second-quarter net loss widened to $38 million, or 25 cents a share, from a loss of $25 million, or 17 cents a share, in the year-earlier period. Warner Music Group is trading at a price of $8.19. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.27B.
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