TD Ameritrade 2Q profit slips 3 percent as trading slows

April 21, 2015 12:32 PM

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Online brokerage TD Ameritrade's quarterly profit slipped nearly 3 percent as trading activity slowed and expenses crept higher.

TD Ameritrade said Tuesday it earned $189 million, or 35 cents per share, in its fiscal second quarter. That's down from $194 million, or 35 cents per share, a year ago when the company had more shares outstanding.

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