Gives customers ability to schedule DVR recordings: Cox Communications has introduced a free app for iPhone, iPad and Android devices, which allows customers to schedule DVR recordings, check home voicemails and view TV listings from their smartphones. The Cox Mobile Connect app also allows customers to get instant help with common support issues and receive news about school closings on the go.
Picks up OptionsXpress: Charles Schwab is buying online brokerage services provider OptionsXpress for $1 billion. The discount broker says OptionsXpress shareholders will receive 1.02 shares of Schwab stock for each share of OptionsXpress. Based on Schwab’s closing price on Friday of $17.91, the transaction is valued at $1 billion. OptionsXpress Holdings Inc., based in Chicago, provides brokerage services for equity options and futures trading. At the end of February, the company had 385,200 client accounts and $8.1 billion in client assets. Charles Schwab Corp. had $1.6 trillion in client assets at the end of the same period. The deal is expected to close in the third quarter.
