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Fin Stocks Review! Charles Schwab Corp (SCHW), Annaly Capital Management, Inc. (NLY)

Shares of Charles Schwab Corp (NYSE:SCHW) ended Monday session in red amid volatile trading. The shares closed down -0.09 points or -0.29% at $31.48 with 5.64 million shares getting traded. Post opening the session at $31.56, the shares hit an intraday low of $31.35 and an intraday high of $31.82 and the price vacillated in this range throughout the day. The company has a market cap of $42.84 billion and the numbers of outstanding shares have been calculated to be 1.32 billion shares.

Schwab Advisor Services announced availability of a robust suite of resources and tools to help independent financial advisors develop, strengthen and maintain their cybersecurity defense. The program includes information to help advisors stay up-to-date on cyber-attack trends, regulatory developments and best practices for educating employees and clients on keeping data secure. As part of its offer, Schwab also developed action-oriented tools to guide advisors through the cybersecurity planning process, available through a new online Cybersecurity Resource Center.

Schwab’s cybersecurity initiative comes at a time when preventing cyber-attacks is top of mind for the industry, with almost 90 percent of independent advisors pointing to cybersecurity, privacy and identity theft as their top compliance concern for 2016, according to a recent study.

“Advisors are aware of ongoing threats in a rapidly-evolving competitive and technological environment,” said Nick Georgis, senior vice president, Schwab Advisor Services. “As part of our commitment to empower independent advisors’ success, we are constantly evaluating the landscape and delivering resources and counsel to help them remain a step ahead.”

Shares of Annaly Capital Management, Inc. (NYSE:NLY) ended Monday session in red amid volatile trading. The shares closed down -0.13 points or -1.24% at $10.37. Post opening the session at $10.46, the shares hit an intraday low of $10.37 and an intraday high of $10.47 and the price vacillated in this range throughout the day. The company has a market cap of $10.29 billion and the numbers of outstanding shares have been calculated to be 1.02 billion shares.

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) declared an additional third quarter 2016 common stock cash dividend of $0.26413 per common share. This dividend is payable October 31, 2016, to common shareholders of record on September 30, 2016.

 

 

 

About Mary Jones

Mary Jones has been a columnist on financial. Because of having financial background, Mary Jones has been well known in his community regarding writing blogs on financial for many financial news sites and now it is our honor that Mary Jones started writing financial news for us recently.

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