E Trade

6 Stories

When These Companies Recover, We Recover

The signs of the turnaround will come from everyday businesses

(Newser) - The companies best-positioned to weather the recession are market-share leaders or those that sell everyday necessities, writes Douglas A. McIntyre in Newsweek. But the economic bellwethers that will herald the recovery are more likely No. 2 or No. 3 in their industries, like Target, whose quarterly numbers should indicate when... More »

The 10 Best Super Bowl Ads

Animals, violence, catchphrases fuel success

(Newser) - Sure, the economy's in the toilet, but there’s always $3 million in the couch cushions for 30 seconds come Super Bowl time. But it remains to be seen whether this year’s crop stick to a reliable winning formula: Include “animals, potty humor, violence, celebrities, sentimentality,” or... More »

Citadel Bets Big on Mortgage Recovery in E*Trade Deal

Hedge funds beginning to gamble on rebound

(Newser) - In bailing out flailing E*Trade with a $2.5-billion infusion yesterday, Citadel Investment is among the hedge funds and private investors starting to bet big on a recovery in mortgage-related securities, the Wall Street Journal reports. "The market is pricing assets like things are going to get really bad,... More »

E*Trade Stock in $2B Free Fall

59% of value wiped out after analyst warns of subprime woes

(Newser) - Online brokerage pioneer E*Trade has been caught in the subprime mortgage crisis. Its shares fell 59% yesterday, wiping out $2.2 billion of its market value, reports the Wall Street Journal. Although its core business is discount brokerage, it is also a bank and has $12.4 billion in home... More »

Dow Dips Below 13K

Markets seesaw, close down

(Newser) - The Dow closed below 13,000 today after seesawing on bad news from the financial sector and falling oil prices. The Dow finished at 12,987.55, down 55.19, after E*Trade said further mortgage-related write-downs might come—and its shares dropped 56%. The Nasdaq slid 43.81 to close... More »

Online Brokers Play 'Let's Make a Deal'

E*Trade, Ameritrade renew talks on merger that could jolt industry

(Newser) - Though past merger talks were never consummated, online stockbrokers E*Trade and TD Ameritrade are again in "serious discussions" over a union, the Wall Street Journal reports. A consolidation would create a dominant player in online trading, reducing competition and perhaps ratcheting up costs for consumers. One source estimates the... More »

6 Stories