TD Ameritrade 2Q profit slips 3 percent as trading slows

April 21, 2015 12:32 PM

56 0

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.

Also read: Brazil's Agriculture minister says meat industry may lose 10 percent market share

Read more

To category page