In Brief: TD Ameritrade Says It Earned $140M

TD Ameritrade Holding Corp., an Omaha online brokerage company, announced Tuesday that earnings had risen in its fiscal third quarter as asset-based revenue rose.

The company, formed this year when Ameritrade Holding bought TD Waterhouse USA from Toronto-Dominion Bank, said its net income was $140 million, or 23 cents a share, in the period ended June 30, compared with $84 million, or 20 cents a share, at the end of last year's calendar second quarter.

Analysts contacted by Thomson First Call had expected profit of 22 cents per share. In midday trading, the shares were priced at $14.63, up 7.26%.

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