Wednesday, October 11, 2006

S&P Cuts TD Ameritrade to Hold

Shares of discount brokers fell Wednesday after Bank of America announced a plan to offer free online stock trades for some account holdersBusinessWeek, Sonja Ryst, 11 October 2006Bank of America unveiled a plan to offer free online equity trades to about 40% of its customers, hammering its rivals' stock prices with the latest skirmish in a commission war that has lasted for years. But industry

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