The Charles Schwab Corporation (NYSE:SCHW) [Trend Analysis] moved down reacts as active mover, shares a decrease -0.55% to traded at $32.43 and the percentage gap among open changing to regular change was -0.03%. Schwab Advisor Services recently reported recent and upcoming enhancements to Schwab Advisor Center, the core custody and trading platform for independent advisors whose clients custody with Schwab. The platform now offers an array of automation features and tools, together with online support and guidance to help advisors efficiently complete tasks and resolve questions or operational issues. The platform enhancements enable advisors and their clients to reduce paperwork and complexity.
“The advisor office is continuously changing as technology becomes an integrated and intuitive part of all facets of our lives,” stated Ed Obuchowski, senior vice president, advisor technology solutions, Schwab Advisor Services. “Our vision is to empower advisors to conduct all routine business with Schwab securely online, digitizing their workflows at every prospects, while also minimizing time-consuming activity like follow-ups on status over the phone. This will ultimately allow advisors to continue to achieve scale and efficiency in their operations and stay focused on the needs of their clients.” The firm past twelve months price to sales ratio was 5.94 and price to cash ratio remained 3.21. As far as the returns are concern, the return on equity was recorded as 12.60% and return on investment was 1.00% while its return on asset stayed at 0.80%. The firm has total debt to equity ratio measured as 11.34.
Washington Prime Group Inc. (NYSE:WPG) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -2.68% to $11.60. Washington Prime Group Inc. (WPG) released that appointment of Lou Conforti as Chief Executive Officer of the Firm effective immediately. Mr. Conforti, a current Director of the Firm, before served as interim Chief Executive Officer since June 2016. He will remain a member of the Firm’s Board of Directors.
Mr. Conforti brings to the Firm a progressive and successful career in the real estate industry, specifically in the REIT space. Most recently, Mr. Conforti was the executive director and global head of strategy at Colony Capital, a leading global real estate and investment management firm. Previous to his work at Colony Capital, Mr. Conforti served as the global head of real estate for UBS O’Connor and also served as a managing director and head of real estate investments at Stark Investments. The share price of WPG attracts active investors, as stock price of week volatility recorded 2.97%. The stock is going forward to its 52-week low with 67.85% and lagging behind from its 52-week high price with -16.52%.