On Wednesday, Shares of Charles Schwab Corp (NYSE:SCHW), added 2.39% and closed at $32.61 in the last trading session. The last trading range of the stock ranges between $31.98 and $32.89. The company’s Market capitalization is $43.65 Billion with the total Outstanding Shares of 1.32 Billion.In the crowded race for a piece of the $2.4 trillion exchange-traded fund market, one contender is coming up rapidly from behind. Charles Schwab, better known for its low-cost brokerage, has attracted more than $10 billion to its ETFs this year. Only the three giants of the business—BlackRock, Vanguard, and State Street—added more money. Five years ago, Schwab wasn’t even in the top 10 of ETF managers by assets. Now it’s ranked fifth, with $54 billion in its 21 ETFs. Surprisingly, Schwab has done this while focusing on plain-vanilla investment options, where there’s stiff competition. ETFs are funds that trade like stocks, and the most popular ones, such as State Street’s $197 billion SPDR S&P. source bloomberg
Baker Hughes Incorporated (NYSE:BHI), jumped 2.52% and closed at $51.22 in the last trading session. The last trading range of the stock ranges between $50.22 and $51.68. The company’s Market capitalization is $21.89 Billion with the total Outstanding Shares of 428.00 million. Baker Hughes Incorporated (BHI) declared recently that it will release its third quarter financial results on Tuesday, October 25, 2016, at 6:30 a.m. Eastern Time (5:30 a.m. Central Time). The company’s administration will host an shareholder conference call to discuss results at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 36,000 employees recently work in more than 80 countries assisting customers find, evaluate, drill, produce, transport and process hydrocarbon resources.
American Express Company (NYSE:AXP), gained 1.21% and closed at $64.36 in the last trading session. The last trading range of the stock ranges between $63.69 and $64.53. During the 52-week trading session the minimum price at which share price traded, registered at $50.27 and reached to max level of $77.85. Recently American Express (AXP) is announcing an expansion of the travel benefits that have assisted make the Platinum Card the category leader for more than 30 years. Starting October 6, consumers with a Platinum Card from American Express will receive 5X Membership Rewards points on airfare booked directly with airlines or through American Express Travel.
“Travel is an important part of our Card Members’ lives and it’s becoming even more so for a new generation who are global and drawn to the access, experiences and service that come with American Express® Membership,” said Denise Pickett, president, U.S. consumer services for American Express. “Our new travel benefits come just before the busiest travel season and offer valuable rewards to Card Members. You’ll see further enhancements for Platinum and Business Platinum Card Members and new programs that leverage the expanded network of small business merchants who now welcome American Express. We also plan to continue building on the success we’ve had throughout the year in acquiring new customers across all our Card products.”
Business Platinum Card Members can now earn 50% points back when using Membership Rewards® Pay with Points through American Express Travel to book a flight with their selected airline. They will also receive this benefit when booking a first or business class ticket with any airline. In addition, Business Platinum Card Members can earn 1.5X Membership Rewards points per dollar spent on any purchase of $5,000 or more.