Investment Banking & Brokerage

The Charles Schwab Corporation (NYSE: SCHW) released its Monthly Market Activity Report today. Net new assets brought to the company by new and existing clients in January 2011 totaled $6.4 billion, including a scheduled $2.1 billion outflow related to a mutual fund clearing services client. Total...

Emergency Medical Services (NYSE: EMS), the provider of ambulance and facility-based physician services, is reportedly close to being acquired for $3.1 billion private-equity firm Clayton Dubilier & Rice LLC. The deal is believed to be a leveraged buyout. Colorado-based Emergency Medical...

On CNBC's Fast Money, Brian Kelly said that he wants to buy Advanced Micro Devices, Inc. (NYSE: AMD) on Monday. He believes that AMD's new graphic chips have potential. Advanced Micro Devices, Inc. (AMD) gained 0.73% today, and it closed at $8.28. Stephen Weiss likes Verizon Communications Inc. (...

Plantation, Florida-based TradeStation Group Inc. (Nasdaq: TRAD) announced on Friday morning that it met consensus Wall Street earnings estimates, while failing to meet revenue expectations. TradeStation Group Inc reported that its 4th quarter net income fell to $770,000, 2 cents per share, down...

A number of very prominent financial names are lagging the broader market during Thursday's trading session. Yesterday, Wells Fargo's (NYSE: WFC) CFO abruptly resigned, and that is weighing on the stock again today. WFC shares have lost 1.06% to $32.78. Other names that are underperforming include...

Federal Reserve Board Governor Kevin Warsh just announced that he is going to resign from the Federal Reserve next month, effective March 31. Warsh is a former economic adviser to President George W. Bush, and he joined the Fed in 2006. Warsh is one of the more hawkish members of the Fed, and was...

Morgan Stanley (NYSE: MS) announced today the launch of a new initiative to help deliver up to $500 million of credit to small businesses seeking to increase investment and create new jobs. In collaboration with national nonprofits and local community banks, Morgan Stanley will enable more small...

Merriman Holdings, Inc. (Nasdaq: MERR) announced today that the notice issued by the Nasdaq Stock Market that the company had violated Nasdaq Listing Rule 5635 was resolved on February 8, 2011, by issuance of a Letter of Reprimand in accordance with Nasdaq Listing Rule 5810(c)(4) and the matter is...

(TheStreet) -- There are hints that Cisco's (NASDAQ: CSCO) second-quarter results, released after market close on Wednesday, will signal a modest turnaround in the company's fortunes. Cisco shares took a pounding after it gave weak guidance with its first-quarter results in November, and investors...

Morgan Stanley (NYSE: MS) disclosed a 5.2% stake in E Commerce China Dangdang today in a 13g filing. DANG shares initially moved higher on the news, but have now given back all of the gains. Currently, DANG is trading 2.08% lower at $26.32. Volume has been on the heavy side.

The markets are having a rare late morning, pre lunch drop, as the Dollar has spiked higher. The trading day started much like all the rest. A small gap lower and a float back to the flat line on light volume. However, once the flat line was achieved, the markets started to drop at 11am ET....

(TheStreet) -- Financial stocks, among the laggards of 2010, may rebound in 2011 as value comes into vogue. Goldman Sachs (NYSE: GS) favors the following seven financial stocks, which made its 2011 Conviction Buy List. All are still rated "buy" and expected to rise as much as 20% in the next year....

Unconfirmed Rumors Circulate that Investment Technology Group Inc. (ITG) will be acquired at $24.50 by Private Equity.

Opexa Therapeutics, Inc. (NASDAQ: OPXA), a company developing a novel T-cell therapy for multiple sclerosis (MS), today announced that is offering to sell shares of its common stock and common stock purchase warrants in an underwritten public offering. All of the shares in the offering are to be...

Charles Schwab (NYSE: SCHW), the largest U.S. discount broker, has made quite a name for itself in a short amount of time in the ETF business, as the total ETF assets held by the California-based company surged 34% to $111 billion last year. That figure includes third-party funds and ETFs that...