Schwab Gains On Q1 Beat; A Mixed Read-Through For Peers
April 15, 2014 at 14:06 PM EDT
Charles Schwab (SCHW) was rising 2.5% in afternoon trading after its first-quarter earnings topped expectations. The firm reported a profit of $326 million, or 24 cents a share, up from 15 cents a year ago and above the 22 cents analysts were expecting. Revenue rose 15% to $1.48 billion and just edged ahead of the [...]