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Article: Merger talk boosts TD Ameritrade stock.
- Article from:
- Omaha World-Herald (Omaha, NE)
- Article date:
- August 22, 2007
CopyrightCOPYRIGHT 2007 Omaha World-Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Virgil Larson
Aug. 22--Neither TD Ameritrade Holding Corp. nor E*Trade Financial Corp. were talking specifically this morning about reports that the two online brokerages are talking about merging.
Investors, however, spoke. Shares of both companies rose in morning trading. The stock of Omaha-based TD Ameritrade climbed 46 cents to $16.81 by noon EDT. E*Trade's rose 25 cents to $15.82.
TD Ameritrade's 52-week closing high was $21.15 on June 11 and E*Trade's $25.80 on June 6.
TD Ameritrade spokeswoman Kim Hillyer repeated what the company says when reports of merger talks circulate -- that TD Ameritrade always is talking to its ...