Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

The biggest tell for M&A showed up again for Charles Schwab

2 months ago by Jon Marino in M&A

"Own your tomorrow," says Charles Schwab ($NYSE:SCHW), which is its popular catchphrase. Now, the San Francisco-based brokerage is also out to own TD Ameritrade as well as its tomorrow.

A merger between two of the top retirement fund account advisers would create a money manager with $5 trillion in total assets. For Chuck, it also meant a 42% reduction in job postings in recent months, from more than 700 this spring to about 400 at last tally. 

And, once again, as we've seen before prior to mega-deals, the would-be acquirer made the decision to reduce job postings heading into negotiations - perhaps at the advice of the bankers confident the deal would be agreed upon by shareholders and regulators. After all - brokerages are facing a crisis, as 'zero-fee' accounts and digital competitors are disrupting traditional businesses, and the deal makes sense for all parties involved - except, perhaps, for brokers increasingly likely to be laid off in wake of the deal, if and when it's completed. 

Shares of both companies surged on the news Thursday, November 21. 

About the Data: 

Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales, and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Further Reading: 

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

Jon Marino

Jon Marino is Thinknum's finance editor, covering the impacts of alternative data on public companies and investors. Prior to joining Thinknum, Jon worked in the ...

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.