Bloomberg reports that Schwab to acquire OptionsXpress: “Schwab agreed to pay 12.4 times earnings before interest, taxes, depreciation and amortization.” That’s the median+1.4 times for deals that large if you don’t read the article. Here, Chris Barth of Forbes comments in his blog.
Always nice to see further validation of the Options industry. Wonder how that will affect, if at all, the cool Virtual Trade Account that OptionsXpress offers.
For the record, I always thought my firm was Numero Uno in the Options space. ;-p
I can’t say I disagree with the course/test name change. I’m glad they send these updates lest I go mad having had no recall of having taken the exam at some point in the future when browsing CertTracker…
The bulk of the email from EMC Education Services below:
The name of the “E20-001 Storage Technology Foundations” exam is changing to “E20-001 Information Storage and Management” in a phased approach beginning on July 21, 2008.
WHY ARE WE DOING THIS?
In our effort to continuously improve the Storage Technologist curriculum, we review emerging areas of technology that are becoming increasingly important to storage professionals. Since October, 2007 we have added security, virtualization and deduplication to expand the breadth of the Storage Technology Foundations course. As a consequence, we are changing the title of the exam and the certification credential to “Information Storage and Management” to fully represent the value of your EMC Proven Professional Associate level certification.
Very neat that my firm is listed for it’s membership in ChicagoFIRST, an organization of financial services firms in the Chicagoland area dedicated to emergency response! For the release from MarketWire
ChicagoFIRST bridges government and private sectors with strategic partnerships in order to prepare for disasters and test/drill plans to ensure the best success for the community at large. It’s really a win-win for everyone… For more on ChicagoFIRST, I encourage a visit to their website. If you work for a financial services firm, please encourage your firm to learn more.