Thanks to an increase in customer stock trading and perhaps also because of a lower payroll, Charles Schwab Corp. reported a third-quarter profit of $127 million Tuesday, compared to a $4 million loss at the same time last year, Reuters reports.

CEO David S. Pottruck said, in a statement: "While the third quarter is traditionally one of the slower quarters of the year, the improving environment led to continued strength in client demand for the market wisdom, information, tools and services they expect from Schwab."

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