Electronic Trading Price Wars (AMTD, SCHW, ETFC, IBKC)

247wallst — Tue, 02 Feb 2010 18:26:14 +0000

Shares of electronic trading firms are under a bit of pressure today over fears of more price wars in the highly competitive electronic trading arena. The pressure comesx after Fidelity said it was cutting its online equity trades to $7.95 per trade on major US exchanges. In fact, as a target on the competitive and growing ETF sector, Fidelity said it would offer its retail customers effectively no-fee or discounted fees for online trading of about 25 BlackRock Inc. (NYSE: BLK) iShares ETFs.

We already saw a commission plan change recently from Charles Schwab Corp. (NASDAQ: SCHW) down to $8.95 flat-fees for online trades as well as some commission-free trading for its online brokerage trading in some of its own index-ETFs .

Filed under: Brokerage Firms, Corporate Governance, Financial Stocks, Shareholder Issues, Trading Alert Tagged: AMTD, ETFC, IBKC, SCHW

Top Pre-Market Analyst Upgrades (ACAS, ANDE, CLX, CLB, EMC, IBKC, MFC, KWK)

247wallst — Fri, 12 Dec 2008 08:38:18 +0000

These are some of the top pre-market analyst upgrades and positive calls we are seeing this Friday morning:

American Capital (ACAS) Raised to Market Perform at FBR.
Andersons (ANDE) Raised to Buy at BB&T.
Clorox (CLX) Started as Buy at Jefferies.
Core Labs (CLB) Started as Buy at Jefferies.
EMC (EMC) Started as Buy at Piper Jaffray.
IberiaBank (IBKC) Raised to Outperform at Baird and Raised to Market Perform at KBW.
Manulife Financial (MFC) Raised to Outperform at CIBC.
Quuicksilver Resources (KWK) Started as Buy at Collins Stewart.

Jon C. Ogg
December 12, 2008

Posted in Analyst Calls Tagged: ACAS, ANDE, CLB, CLX, EMC, IBKC, KWK, MFC

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Electronic Trading Price Wars (AMTD, SCHW, ETFC, IBKC)

Top Pre-Market Analyst Upgrades (ACAS, ANDE, CLX, CLB, EMC, IBKC, MFC, KWK)