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Stocks to Watch: Lands' End Guides Higher, Ecolab Meets Estimates

 

Updated from 10:52 a.m. EST

  • Charles Schwab (SCH Quote) said total client daily average trades fell to 215,200 in January, down 24% from the same month last year and 1% below December. Daily average revenue trades totaled 155,900 in January, down 30% from last year and off 3% from December. Separately, Schwab agreed to sell Charles Schwab Canada to Scotiabank Group. Financial terms weren't disclosed.

    Earnings Reports & Outlooks

  • Ecolab (ECL Quote) reported fourth-quarter earnings of 30 cents a share, meeting analysts' consensus estimate. Revenue fell 1% to $562 million. For the first quarter, the company expects to earn 34 cents to 39 cents a share before items. Analysts are looking for 36 cents. On a GAAP basis, the company forecast a profit of 20 cents to 27 cents a share.

  • Lands' End (LE Quote) expects to earn at least $2.20 a share for the fiscal year ended Feb. 1, up from a previous projection of $2.11 to $2.18 a share. Analysts expect the company to earn $2.15. The company earned $1.14 a share in fiscal 2001. ...

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