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News Digest / Lukas Schmidt

Author: Lukas Schmidt
03:08am, Friday, Jul 19, 2024
Charles Schwab's Stock Tumbles as Share Buybacks Halt and Debt Takes Priority
Charles Schwab (NYSE: SCHW) faced a tough week as its stock dipped following an earnings report and suspension of share buybacks to reduce debt. The company reported slightly better adjusted EPS of $0.73 but missed revenue targets. With investors wary and CFO Peter Crawford pinning hopes on futur...
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