Filed under: Citigroup Inc. (C), Merrill Lynch (MER), Wachovia Corp (WB), Washington Mutual (WM), Lehman Br Holdings (LEH), Newcastle Investment (NCT), MBIA Inc (MBI), Gramercy Capital (GKK), E*TRADE (ETFC), East West Bancorp (EWBC)Yesterday the Dow Jones Industrial Average was down 225, so I decided to peg the financial stocks I wrote about investing in as a pool. We are often accused of bragg...
Results 1 - 10 of 19 for "ETFC"
Filed under: Press releases, Law, E*TRADE (ETFC)E*Trade (NASDAQ: ETFC) was fined $1 million by the Securities and Exchange Commission for failing to comply with federal anti-money laundering laws. The company, which did not admit guilt in the enforcement action, will pay an even steeper price over the long term, which is a good reason to avoid the company's stock.What many investors and members...
Filed under: Major movement, Market matters, Citigroup Inc. (C), Merrill Lynch (MER), Wachovia Corp (WB), Washington Mutual (WM), Serious Money, Lehman Br Holdings (LEH), Stocks to Buy, Newcastle Investment (NCT), MBIA Inc (MBI), Gramercy Capital (GKK), E*TRADE (ETFC), East West Bancorp (EWBC)After the market closed last night, with the Dow Jones Industrial Average rebounding from Monday's nota...
Filed under: Earnings reports, Yahoo! (YHOO), Apple Inc (AAPL), Pfizer (PFE), PepsiCo (PEP), Amazon.com (AMZN), Ford Motor (F), McDonald's (MCD), Caterpillar (CAT), American Express (AXP), Bank of America (BAC), Boeing Co (BA), Hershey Co (HSY), Kimberly-Clark (KMB), Wachovia Corp (WB), Washington Mutual (WM), Merck and Co (MRK), UAL Corp (UAUA), Texas Instruments (TXN), Crocs Inc (CROX)Here ar...
Short Sellers Trash Financials And Autos (FNM)(FRE)(YHOO)(JAVA)(JNPR)(NOK)(QCOM)(GM)(F)(ETFC)(WB)(BAC)(ABK)(LEH)(MBI)
Thu, Jul 24, 7:10 PM ET
Regulators may be trying to keep short sellers out of a few financial stocks, but that is not keeping large bets against most other stocks from rising. While some of the shorts may have moved on from the "protected" stocks, as of July 15, the short interest in Fannie Mae (FNM) rose 15.7 million shares to 154.4 million. Shares short in Freddie Mac were up 23.1 million to 105.9 million.
E*Trade (ETFC) had a bad quarter, in large part due to provisions for loan losses of $319 million. The company posted a net loss for the quarter of $119 million against a profit of $158 million in the same quarter last year. E*Trade did have $535 million in revenue. That was down from $669 million last year, but there are a number of signs that the firm's discount brokerage operation is in good...
A lot more earnings reports (many of which are positive) and a drop in oil prices are front and center today. Premarket futures are indicating a positive open as the market attempts to build upon yesterday's nice gains. Premarket gainers: PHLY, CNH, VTNC, INFN, ISRG, FRE, FNM, EMC, ILMN, CSIQ, SYNA, UAUA, LCC, AMR, DAL, PFE, DHR, WLP, NCOC, & VISN. Premarket losers: ADCT, ANAD, AEHR, SEAB, ETF...
Costco sees tough year-end. Costco (COST) warned its Q4 EPS will be well below current consensus of $1.00 (report date Oct. 8). "Factors negatively affecting our 4Q earnings outlook arise largely from inflation, particularly as to energy costs." The warning is surprising, because discounters have been gaining market share as consumers hoard their cash. COST also revealed a $0.16 quarterly divi...
Filed under: Earnings reports, Charles Schwab Corp (SCHW), Federal Natl Mtge (FNM), TD AmeriTrade Holding (AMTD), E*TRADE (ETFC)Talk about an interesting day for E*Trade (NASDAQ: ETFC). The broker, a competitor of TD Ameritrade (NASDAQ: AMTD) and Charles Schwab (NASDAQ: SCHW), reported Q2 earnings on Tuesday after the market closed. E*Trade saw its stock close up on the day by almost 11% on bet...
Filed under: Before the bell, EMC Corp (EMC), Broadcom Corp'A' (BRCM)EMC (NYSE:EMC) is up 6% on strong earnings. VMWare (NYSE:VMW) is down 14% on a weak forecast for the balance of 2008. E*Trade (NASDAQ:ETFC) is off 15% after missing Wall St. estimates. Broadcom (NASDAQ:BRCM) is off 5% on poor earnings. Stocks may trade differently in the pre-market than they do in the regular session. Douglas ...