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Charles Schwab Stock Plunges After CEO Announces Downsizing

Investing giant Charles Schwab is planning on downsizing and becoming a smaller bank in the future in an attempt to remain profitable. The news didn’t sit well with investors, sinking Charles Schwab stock by 10.18%. In a conference call with analysts on Tuesday, Charles Schwab...

Charles Schwab Stock Jumps Amid Positive Q2 Report

Brokerage firm Charles Schwab shared its second-quarter numbers this week, reporting stronger performance than the majority of analysts expected. This helped the company’s shares to take a 13% jump on Tuesday. The Texas-based company saw a 9% revenue decline compared to the same period in...