KIC000162 - of TO Ameritrade they carry $790 million in...

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TO Ameritrade TO Ameritrade, the nation's second largest online brokerage firm, is based out of Omaha, Nebraska. The company provides a number of services to its customers including market leading technology in the trading market, good customer service, and research tools and guidance for investing and diversification of portfolios. The company was founded in 1971 and has evolved over the years to what we see nowadays on the Internet. TO Ameritrade Holdings is split into three divisions: TO Ameritrade, TO Ameritrade Institutional, and TO Ameritrade Corporate Services. In the industry of online brokerage firms, TO Ameritrade can be regarded as top when it comes to return on equity, earnings per share, and profit margins. The company has a debt ratio of 80.66%, and a Beta of 1.19 showing that the company has very similar risk to the market and only a small amount of company specific risk. Continuing on with the finances
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Unformatted text preview: of TO Ameritrade, they carry $790 million in cash and cash equtvalents, $18.37 billion in assets and $14.82 billion in debt and liabilities. In recent news, TO Ameritrade acquired Thinkorswim Group INC on Jan. 6, 2009 for $606 million. This helped to grow their business and continue improving their services. They are also looking to acquire ETrade Financial so to grow their market share. TO Ameritrade is facing a aacr-: lawsuit for misrepresenting the risk-level and liquidity of action rate securities that occurred during the Subprime mortgage crisis. Earlier this month, Toronto Dominion Bank announced it plans to move its wealth management division to TO Ameritrade.----------------www.finance.yahoo.com www.reuters.com www.research.tdameritrade.com Works Cited...
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KIC000162 - of TO Ameritrade they carry $790 million in...

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