Charles Schwab Profit Nearly Halved; Stock Slides

The shares of Charles Schwab Corp (NYSE:SCHW) aren't faring so well after the company's fourth-quarter report, down 6% at $60.42 at last glance. Though the finance name reported better-than-expected earnings of 68 cents per share, profit fell 47% amid bigger interest payments on client deposits and debt due to a jump in asset management fees. The $60 level, a familiar line of resistance over the past year, appears to be moving in as support for today's pullback. Headed for its sixth-straight daily loss, SCH ...