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NEW YORK, March 6, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting The Charles Schwab Corporation (NYSE:SCHW), TD Ameritrade Holding Corporation (NYSE:AMTD), SEI Investments Company (NASDAQ:SEIC), Brookfield Asset Management Inc. (NYSE:BAM) and CME Group Inc. (NASDAQ:CME). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
The Charles Schwab Corporation Research Report
Schwab is seen to seek dismissal of pending class actions after the Financial Industry Regulatory Authority last week upheld its right to bar clients from bringing such lawsuits. The investment services firm believes it can move the cases though experts say any attempt to leverage victory would fuel criticism further especially among consumer advocates. In addition, many firms are also likely to follow Schwab, though others are concerned about its effect on individual investors and instead will try to woo clients away from Schwab. A FINRA hearing panel earlier upheld the company's late 2011 move to require clients to waive their class-action rights. Schwab's requirement violates FINRA's rules, but the rules themselves violate the National Arbitration Act, the panel found. In other news, The Street upgraded Schwab to a "buy" from "hold," citing growth in revenue and earnings per share, as well as improvement in the stock itself. The Full Research Report on The Charles Schwab Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/fa23_SCHW]
TD Ameritrade Holding Corporation Research Report
TD Ameritrade was named the top overall broker by stock broker information website StockBrokers.com in its third annual Broker Review. The broker was also in the top five in Research, Mobile Trading, Active Trading, and Options Trading, according to the report. In January this year, the online broker saw a 17 percent increase in average U.S. trades in its Activity Report. On a year-over-year basis, the U.S. trades were up 3%. The Daily Average Revenue Trades were 387,000 compared with 331,000 recorded in the prior month, as a result of improvement in the equity markets. TD Ameritrade reported $499.3 billion in total client assets in January, with average fee-based balances stood at $107.8 billion, up 32% year over year and 5% from the last month. The Full Research Report on TD Ameritrade Holding Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0823_AMTD]
SEI Investments Company Research Report
SEI announced that it has achieved institutional sales growth of $9.4 billion in new global institutional assets in 2012, the highest total one-year growth for its institutional business. The company's growth was attributed to increased global implementation of discretionary outsourcing, with larger institutional investors showing increased interest in the model, with three of SEI's new 2012 clients having more than $1.3 billion in assets each. Among its recently added U.S. clients are Carmeuse Lime and Stone, Inc., Century Aluminum Company, and Midland Center for the Arts. To date, SEI has 62 institutional clients with more than $250 million in assets, a 22 percent increase since 2010. In other news, The Street rates the company as a "buy," citing strengths in revenue and earnings per share. The Full Research Report on SEI Investments Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7cad_SEIC]
Brookfield Asset Management Inc. Research Report
Brookfield Asset Management announced the purchase of 19 apartment communities, or 4,892 units, in North and South Carolina and Virginia from Babcock & Brown for around $414 million, strengthening Brookfield's multifamily portfolio to about 20,000 units across the U.S. The acquired properties are found at the economically viable and population-rich Charlotte and Raleigh-Durham sub-markets. In addition, the Brookfield will put in around $30 million as additional investment to revamp the properties to maximize the returns from the investment. Meanwhile, the company reported net income of $1.4 billion or $1.97 per share for 2012, compared to $2.89 per share in 2011. Brookfield also increased their dividend payout by 7 percent to 60 cents per share. The Full Research Brookfield Asset Management Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7b7f_BAM]
CME Group Inc. Research Report
CME Chair Terrence Duffy says the company is looking to make additional big deals this year after it posted trading volume growth recently due to its previous acquisitions. Rumors have surfaced regarding a possible merger with rival Deutsche Boerse AG at the end of 2012, though reports suggest the Frankfurt, Germany-based firm is hesitant about the deal. CME, which owns the Chicago Board of Trade and the New York Mercantile Exchange, spent a total of nearly $20 billion and extending its reach into grains, Treasuries, and energy. The merger with Deutsche Boerse will give them control of the Eurex derivatives exchange if ever the deal pushes through. In previous years, CME also approached the London Metal Exchange and NYSE Euronext's derivatives business last year. The Full Research Report on CME Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/21cf_CME]
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