Latest TD Ameritrade Holding Corp News

Tiffany, TD Ameritrade rise; Kirkland Lake, La Jolla fall

Nov. 25, 2019 4:53 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Monday: TD Ameritrade Holding Corp., up $3.65 to $51.78 The brokerage firm is being bought by rival Charles Schwab for about $26 billion. Tiffany & Co., up $7.74 to $133.25 The jeweler is being bought by French luxury goods group LVMH...

FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)

This stock trade isn’t free: Schwab scoops up rival for $26B

Nov. 25, 2019 3:48 PM EST

NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A combination of...