Charles Schwab Corp.: The San Francisco-based financial...
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From Times Staff and Wire Reports
Charles Schwab Corp.: The San Francisco-based financial services firm’s fourth-quarter earnings plunged 84% from the year-earlier period to $1 million, while revenue climbed 5% to $156.7 million. The company posted 1990 net income of $16.8 million, down 11% from 1989 figures. Revenue totaled $625.9 million, a gain of 13%, which the company said was primarily due to higher interest revenues.
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