Financial Web sites whirl amid turmoil Sep 24, 2008
The company did not specify which sites performed the slowest, though it cited online brokerage E-Trade Financial Corp. as one that held up well. Some trading sites' performance slowdowns meant they were operating at only 95 percent availability meaning 5 percent of users couldn't complete what they wanted to do. (MSNBC -- Crime)
Financial websites get busy amid turmoil Sep 23, 2008
The company did not specify which sites performed the slowest, though it cited online brokerage E-Trade Financial Corp. as one that held up well. Some trading sites' performance slowdowns meant they were operating at only 95 per cent availability meaning 5 per cent of users couldn't complete what they wanted to do. (Globe and Mail)
Cheap Trading Commissions Sep 11, 2008
Compare that with E-Trade Financial (), which the magazine ranked first among discount brokers for a whole bunch of good reasons. And that $6. (SmartMoney)
SmartMoney's Annual Broker Survey Sep 11, 2008
I'm switching back to E-trade. Even with higher fees than Trade King, they are what they say they are. (SmartMoney)
More financial companies reach deal Aug 22, 2008
Cuomo said Thursday he is far from finished in examining large and small players in the market and said the investigation will intensify against Bank of America Corp. He also warned that the investigation might shift its attention to individual brokers and bank employees who sold the investments; Cuomo has already named Charles Schwab Corp., Fidelity Investments and E-Trade Financial Corp. as companies also under investigation. "This has been a great day of progress," Cuomo said during a... (OregonLive, OR -- Business)
Merrill, Goldman, Deutsche in Deal With Regulators Aug 22, 2008
Cuomo said Thursday he is far from finished in examining both large and small players in the market, and said the investigation will intensify against Bank of America Corp. He also warned that the investigation might shift its attention to individual brokers and bank employees who sold the investments; Cuomo has already named Charles Schwab Corp., Fidelity Investments and E-Trade Financial Corp. as companies also under investigation. "This has been a great day of progress," Cuomo said during a... (ABC News -- Wire)
Source: Auction-Rate Probe Focuses on 3 Banks Aug 21, 2008
Brokerages like Fidelity Investments, Charles Schwab Corp., TD Ameritrade Holding Corp., E-Trade Financial Corp. and Oppenheimer re being investigated over how they pitched the investments to clients, according to a letter obtained by The Associated Press. These firms, known as downstream brokerages, acted as secondary dealers by purchasing auction-rate securities from the major banks that packaged them. (ABC News -- Wire)
BUSINESS BRIEFS Aug 21, 2008
Brokerages like Fidelity Investments, Charles Schwab, TD Ameritrade, E-Trade Financial and Oppen heimer are being investi gated. Clipped hedge. (New York Post -- Business)
OPEN Sports Debuts All-Star Talent Lineup for Sports Entertainment Content Aug 20, 2008
com, and other executives and advisors, including Christos Cotsakos, former CEO, E-Trade; David Fuente, former Chairman and CEO, Office Depot; Dr. Salomon Melgen, CEO, Vitreo-Retinal; and Peter Pezaris, CEO, Multiply. OPEN Sports mission is to serve every sports fan with a next-generation experience that is guided by a user-first philosophy. (Yahoo! Wire -- Entertainment News)
Safe Housing Bonds? Aug 14, 2008
Mortgage-Tied Muni Bonds Benefit From Tax Tweak (E-Trade Financial) at SmartMoney ... We ran a quick search on E-Trade () and found a good selection of top-rated AMT-exempt issues paying tempting yields at various maturities ... Costs will vary by broker, but E-Trade, for example, charges $1 per bond, with a $10 minimum and a $250 maximum transaction fee. (SmartMoney)
An Online Brokerage Taps Into Cause-Committed Investors Aug 11, 2008
That wasn't always the plan, but it was the safest route Foliofn saw as other online brokerages such as E-Trade Financial and were battered in the early part of the decade. Now, however, Foliofn is beefing up its online presence to recruit more retail customers. (Washington Post -- Technology)
VeriSign Debuts Pump-and-Dump Protection Aug 11, 2008
In 2006, a similar scam caused $18 million in losses at eTrade. The reason that VeriSign developed the module is that brokerages were unwilling to develop such antifraud technology themselves, and asked VeriSign to design it, Tancredi said. (Yahoo News -- Technology)
E-Trade paying $1M in settlement with SEC Jul 31, 2008
WASHINGTON E-Trade Financial Corp. on Wednesday agreed to pay $1 million in a settlement with federal regulators who accused the retail brokerage firm of failing to verify more than 65,000 customers' identities to prevent money laundering. The Securities and Exchange Commission announced the settlement with two divisions of the New York-based company, E-Trade Clearing LLC and E-Trade Securities LLC. The brokerage firm also agreed to be censured and to hire an independent consultant to oversee... (San Diego Union-Tribune -- Business)
First Merrill, Then Citi? Jul 31, 2008
The 22-cent mark isn't terribly far off from the 27-cent mark Citadel Investment Group sealed in its acquisition of CDOs from E-Trade Financial last November. At that time, everyone thought 27 cents was outlandishly low. (Forbes -- Business)
Ad exchanges come into their own Jul 28, 2008
He added, "We use the analogy of: Anybody can trade on the financial markets, anyone can get an ETrade account, but it's how you're smart about how you use your ETrade account that determines how well you're going to do trading.". With some Wall Street-like analysis, advertisers can find individual Web surfers, figure out how much to pay to show them an ad and analyze how those ads have performed. (International Herald Tribune -- Technology)
Banks rally as CEOs hold off on issuing shares Jul 26, 2008
Morgan Stanley this month raised nearly $1 billion by selling half of its ownership interest in investment-research firm MSCI Inc. And E-Trade Financial Corp. just unloaded units in Canada and India. "They are doing what they have to do, you have to deal with the problems and sell whatever assets you have, take your lumps and clear the decks," said Greg Church, chief investment officer of Church Capital Management. (Anchorage Daily News)
The Wrath of Cons Jul 25, 2008
Don't Take Bait of Brokerage Phishing Scams (E-Trade Financial) at SmartMoney ... You Are Viewing: Don't Take Bait of Brokerage Phishing Scams (E-Trade Financial). (SmartMoney)
Stocks jump as crude drops $3 a barrel Jul 23, 2008
22, 2008 08:58 AM Associated Press. NEW YORK -- Wall Street shook off early doldrums and closed sharply higher Tuesday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. (AZCentral -- Business)
E-Trade swings to loss in 2Q Jul 23, 2008
NEW YORK Retail brokerage firm E-Trade Financial Corp. said Tuesday it swung to a loss during the second quarter due to a sharp increase in loan-loss provisions ... E-Trade set aside $319 ... Credit losses were higher than expected in the second quarter, said Donald Layton, E-Trade's chief executive, in a telephone interview. (San Diego Union-Tribune -- Business)
US stocks jump as crude drops Jul 23, 2008
And Washington Mutual Inc. and E-Trade Financial Corp. also turned in losses after the closing bell in New York. The Dow rose 135. (The Star Online, Malaysia -- Business)
Stocks end higher as crude drops $3 a barrel Jul 23, 2008
Following Tuesday's closing bell in New York, both Washington Mutual Inc. and E-Trade Financial Corp. reported losses after boosting reserves to cover bad loans. The Dow rose 135. (San Diego Union-Tribune)
A Zen Retreat Jul 21, 2008
She spent years in high-tech, at Apple, e-Trade, Netscape always moving up the corporate ladder. "It meant big paychecks and it meant stock options and it meant 24-seven," she said. (CBS News)
BUSINESS BRIEFING Your guide to the week's most notable business events Jul 21, 2008
-- Earnings reports expected from California Micro Devices, DuPont, E-Trade, Infinera, JetBlue Airways, Linear Technology, Plantronics, STMicroelectronics, UAL, UnitedHealth, US Airways, VMware, Wachovia, Washington Mutual, Yahoo, Zhone Technologies. W. (San Francisco Chronicle -- Business)
TradeStation Rallied From '05 Breakout Despite Iffy Handle Jul 19, 2008
In 2005, TradeStation Group () was a tiny online broker compared with rivals such as E-Trade () and Charles Schwab ... They averaged 740 trades a year vs. 15 for the average E-Trade customer. (Investors Business Daily)
The S&P 500's Bubble Trouble Jul 13, 2008
Online broker E-Trade entered the index on March 31, 2004, at $13. 35 and now trades at $2. (Slate)
Spend, Spend, Spend Jul 7, 2008
Buying shares online with an E-Trade account entails the same fees as buying a U.S.-listed stock: $13 a trade. Walmex is a bit pricey at 22 times expected 2008 earnings versus 18 for its American parent. (Forbes)
Boca firm offers "virtual personas" Jul 5, 2008
To take the digital conversation beyond canned responses, Virsona expects to load its programs with reams of user-generated content such as old e-mail, electronic diaries and blogs, videos from sites such as YouTube, profile data from social networking sites such as Facebook, stocks you've traded on E-Trade and photos posted to Flickr. Virsona's artificial intelligence engine would mine the material in its database and reformulate it to create a unique response and carry on a digital... (The Palm Beach Post)
A Call To Selfishness Jun 29, 2008
It would feature that baby from the Etrade commercials, the one whose cool self-awareness is both odd and funny at the same time. He'd stare in the camera and tell viewers how he's signing up for the Armed Forces when he gets a chance. (CBS News)
Legal strategy Jun 22, 2008
SpeechWorks had been developing voice-controlled phone systems for companies such as Amtrak and E-Trade, to allow customers to make train reservations or stock trades. With the acquisition came two key SpeechWorks engineers: Mike Phillips, who'd been a founder of the company, and John Nguyen. (Boston Globe)
Rush hour for Segways in Asia? Not yet, Jackie Chan says Jun 9, 2008
E-Trade launching mobile trading ap. As if BlackBerry users needed one more excuse to be glued to their screens, E-Trade Financial Corp. is giving its account holders an application that will let them get real-time stock quotes and trade on their phones ... High-end phone users have for a while been able to access E-Trade's Web site and those of most banks and brokerages, but the online firm is the first major brokerage to provide a mobile application with cash transfers and real-time quotes. (San Francisco Chronicle -- Technology)
E-Trade makes it easier to trade on the BlackBerry Jun 6, 2008
NEW YORK - As if BlackBerry users needed one more excuse to be glued to their screens, E-Trade Financial Corp. is giving its account holders an application that will let them get real-time stock quotes and trade on their phones ... High-end phone users have for a while been able to access E-Trade's Web site and those of most banks and brokerages, but the online firm is the first major U.S. brokerage to provide a mobile application with cash transfers and real-time quotes ... Online trading... (Rapid City Journal, SD)
The unfounder May 30, 2008
His research firm became known for its website-quality rankings of companies most people had never heard of at the time, like ETrade and. By 1999, Julio Gomez had made it onto Time magazine's Digital 50, a list of "the most important people shaping technology.". (Boston Globe)
MORE REAL ESTATE NEWS: Online agents get equality with traditional brokers May 28, 2008
The settlement is encouraging to online real estate firms such as Redfin, a Seattle-based start-up that CEO Glenn Kelman calls "the E-Trade of real estate brokers." Before the settlement, Kelman says he wasn't even sure that Redfin would continue to exist. Now, though, there's potential for growth for his firm and others, he predicts. (USA Today -- Money)
E-Trade Financial to close call center May 23, 2008
New York-based E-Trade Financial (NASDAQ:ETFC) markets financial services to retail and institutional customers worldwide. Its online brokerage handles trades for equities, currencies, futures, options and mutual funds. (Charlotte Business Journal, NC)
Moli.Com: Social Networking Means Business May 21, 2008
The company defines small business as a the owner/operator or business with fewer than 10 employees and Judy Balint, Moli's president and COO (and one-half of the management team that created Etrade), estimated that there are 22 million such small businesses in the U.S., and a total of 40 million world wide. Balint described Moli as a free, online social community designed for collaboration and e-commerce, a place where individuals and small business owners can create their own Web sites. (SmallBusinessComputing)
International Cybercrime Ring Busted May 20, 2008
Secondary Navigation. By Thomas Claburn Mon May 19, 4:00 PM ET. (Yahoo News -- Technology)
HSBC to acquire majority stake in IL&FS Investmart May 18, 2008
85 per cent stake would be acquired from E*TRADE Mauritius Ltd, an indirectly wholly-owned subsidiary of E*TRADE Financial Corporation. "The additional 29.36 per cent would be acquired from Infrastructure Leasing and Financial Services Limited (IL&FS.) Both shareholders will receive a price of Rs 200 per share for their respective stakes, making a total consideration of Rs 100 billion. "In addition to this, IL&FS will be paid, as part of a three-year non-compete agreement, Rs 820. (NDTV.com)
TD Ameritrade names COO Fred Tomczyk as next CEO May 16, 2008
Last fall, Ameritrade was able to draw customers away from rival E-Trade Financial Corp., which struggled after disclosing problems in its investments in home loans. Through the first half of the fiscal year, Ameritrade reported $427. (Anchorage Daily News)
Business travelers suffer middle-seat blues May 16, 2008
The penny-pinching is even extending into some executive suites; until this year, top officers at troubled online brokerage E-Trade could avail themselves of corporate jets and company apartments in New York and Washington. In a recent S.E.C. filing, the company disclosed that it had gotten rid of these perquisites. (MSNBC -- Travel)
Stocks In Focus For Monday May 10, 2008
E-Trade Financial Corp. (ETFC) said it decided in April to exit the retail mortgage origination business, its last remaining loan origination channel, according to a Securities and Exchange Commission filing. The company said it will partner with a third party company to provide customers access to real estate loans after it exits the business. (Fox News)
No action on Tricom shenanigans May 7, 2008
On Monday, the ASX's disciplinary tribunal fined ANZ Bank's online broking subsidiary Etrade $50,000 for failing to detect suspicious trades in February last year that appear to have been aimed at forcing up the price of warrants at troubled Allco Finance Group. The ASX's Australian Clearing House Disciplinary Tribunal also fined broker Tolhurst $30,000 for breaching capital liquidity requirements. (The Australian)
Here's a Financial Literacy Quiz for Congress Apr 22, 2008
c) Open an E-Trade account to trade crude oil futures in the Senate cloak room. d) Buy a Prius and leave the worrying to someone else. (Bloomberg -- Columnists)
Schwab posts its best 1Q ever, lands 246,000 new accounts Apr 16, 2008
Ellis believes Schwab is luring customers away from some of its rivals, particularly E-Trade Financial Corp., which has been staggered under its exposure to toxic mortgage markets. 1. (ABC News -- Wire)
Contributing to IRA before tax-filing deadline a good idea Apr 13, 2008
"We hit a period in November where we started seeing large moves into fixed income," said Liat Rorer, product development vice president for E-Trade Asset Management. In recent months, Rorer said, investors have been gravitating back to stocks, particularly those with large and midsize market capitalizations. (Chicago Tribune)
In Baggy Green vs Greenbacks, IPL has won the toss and elected tobat Apr 12, 2008
Try as we might, the idea of an Australian cricketer spending his spare time logged on to E-trade just doesn't evoke the same emotional response as the image of his fawning over his baggy green, from the cryogenic chamber in which it is stored between Tests. Wealth for toil. (Sydney Morning Herald -- Sport)
Schwab earnings expected to hold steady Apr 10, 2008
E-Trade, a Schwab rival, was heavily invested in mortgage securities through its banking unit. When those securities went sour, E-Trade was forced to seek a bailout from Citadel Investment Group. (San Francisco Chronicle -- Business)
Management fees can knock a big chunk out of your retirement savings portfolio Apr 5, 2008
Using broad "platforms," such as Fidelity brokerage, Schwab, and ETrade, you can now buy no-load funds or low-commission exchange-traded funds over the Internet. This makes it possible to build retirement savings at a total cost that can range down to 20 basis points. (Boston Globe)
Espirito Santo Fin UK Regulatory Announcement: Final Results Apr 2, 2008
Saxo Bank is a Danish bank, specialising in online trading, and also acting under white label partnerships with over 100 members worldwide, such as the support to E-Trade trading activity in Europe and to forex activity of Citibank in the US. The Bank has been posting annual profit growth above 50% in the past four years and ROE at circa 40. 0. (BusinessWire)
Pitching business software assurance Apr 1, 2008
Scottrade and its rivals, including eTrade and other online stock sites, have been among those businesses who have publicly announced significant financial write-offs driven by applications-level attacks on their trading systems. The key idea is approaching as a process, rather than on a more piecemeal basis, as has been common practice for many firms up until now, said Grant Bourzikas, director of information security at Scottrade. (Yahoo News -- Technology)
Soft drink giant to sponsor section at Fenway Park Mar 4, 2008
E-Trade CEO has no plans to break up the company Donald Layton, newly appointed chief executive of E-Trade Financial Corp., said there are no plans to sell or break up the embattled online brokerage. There's a pretty big reason why rivals like TD or are keeping their distance - E-Trade has some $12 billion in troubled home equity loans on its books ... Speculation has swirled on Wall Street that E-Trade's bank and brokerage side could be broken up, and then sold off. (Boston Globe)
Pakistan Accidentally Blocks YouTube Worldwide Feb 27, 2008
"To be honest, there's not a single thing preventing this from happening to E-Trade, or Bank of America, or the FBI, or the White House, or the Clinton campaign," Underwood said. "I think it's a useful moment for people to decide just how important it is that we fix problems like this.". (Fox News)
Pakistan's YouTube Attack Turned Global Feb 26, 2008
To be honest, there's not a single thing preventing this from happening to E-Trade, or Bank of America, or the FBI, or the White House, or the Clinton campaign ... "To be honest, there's not a single thing preventing this from happening to E-Trade, or Bank of America, or the FBI, or the White House, or the Clinton campaign," Underwood said. (CBS News)
Market shifts sales pitches Feb 26, 2008
While Charles Schwab, E-Trade, and TD Ameritrade used to talk about making money for investors, now in the credit crisis era, it's instead about preserving capital ... E-Trade Financial Corp. this coming week will unveil a fixed-income platform that it pledges will make buying government and corporate bonds similar to investing in a stock ... "They've known they needed to diversify for a long time, but as long as the markets were doing well they put it off," said E-Trade's Liat Rorer, who heads... (Albany Times Union)
Newcomb tells of hard work, perseverance Feb 25, 2008
E-Trade co-founder and Oregon State University benefactor Bernie Newcomb told a tale of perseverance that saw him through to the success of his company and eventual wealth ... Born and raised in Scio, Newcomb is a founder of E-Trade Financial, an online discount brokerage where investors can trade in financial markets on their own computers ... Soon after, Newcomb gave 200,000 shares of E-Trade stock to OSU, valued at 6. (Corvallis Gazette Times, OR)
Schwab, Ameritrade and E-Trade sell ways to ward off bear market conditions Feb 23, 2008
While Charles Schwab, E-Trade, and TD Ameritrade used to talk about making money for investors, now in the credit crisis era, it's instead about preserving capital ... E-Trade Financial Corp. this coming week will unveil a fixed-income platform that it pledges will make buying government and corporate bonds similar to investing in a stock ... They've know they needed to diversify for a long time, but as long as the markets were doing well they put it off, said E-Trade's Liat Rorer, who heads the... (San Diego Union-Tribune -- Business)
TradeStation Group Reports Record Revenues, Net Income and EPS for 2007 Feb 19, 2008
While, on an annualized basis during the 2007 fourth quarter, the average TradeStation account traded 632 times per year, or 53 times per month, the average TD Ameritrade and E-Trade account traded about 12 to 15 times per year, or slightly more than 1 time per month. Also, TradeStation's average assets per equities account were substantially higher than the average assets per account of TD Ameritrade and E-Trade. (Primezone Releases)
Comcast's FCC Filing Called Unfair, Not Good Enough Feb 15, 2008
net, Chase Online Banking, ETrade, and other similar sites are a bit more important than YouTube. com for most customers. (Slashdot)
Brokerages' Online Sites Can Still Lag Feb 8, 2008
"You have to go systematically through the entire trading system to remove all bottlenecks," said Dalporto, a former E-Trade Financial () executive. Copyright 2000-2008 Investor's Business Daily, Inc.. (Investors Business Daily)
Post-Bowl boost: E-trade ad's baby talk is a word-of-mouth hit Feb 7, 2008
Anheuser-Busch, E-Trade ads build on post-game buzz - USATODAY.com ... Anheuser-Busch, E-Trade ads build on post-game buzz ... Also "buzzworthy": an E-Trade ad with a talking baby who unexpectedly spits up, and a Tide to Go ad with a chatty stain. (USA Today -- Money)
Super Bowl Hosts Record Commercial Time Feb 6, 2008
TiVos most-watched commercial was one for E-Trade featuring a baby stock buyer who spits up. Other top spots were from Pepsi, Doritos, Coca-Cola, Ice Breakers, Bridgestone, Bud Light, Vitamin Water, Cars. (TVweek.com)
Animal ads top Super Bowl list Feb 5, 2008
ETrade Financial Corp.'s talking baby, who gushed about how easy it is to buy stock using the online service and then spit up, was the most watched commercial for TiVo DVR users ... The panel also gave "A" grades to Coca-Cola, FedEx, and ETrade. (Boston Globe)
Very preliminary findings indicate Super Bowl viewership may be headed toward a record Feb 5, 2008
Meanwhile, a separate survey from TiVo Inc., makers of digital video recorders, found that the E-Trade ad showing a baby talking about stock deals and spitting up at the end was the most-watched commercial during the game. Counting in people who played back material on their DVRs, the commercials were watched by more people than the game, TiVo said. (Rensselaer Republican, IN)
Barfing Baby Was Most TiVo'd Super Bowl Ad Feb 5, 2008
E-Trade Tops Ranking of Spots by DVR Vendor ... Of the 53 commercials aired during Sunday s Super Bowl XLII on Fox, the one replayed most frequently by TiVo users was the talking-and-regurgitating computer-generated baby pitching E-Trade, according to the digital video recorder provider ... Following the E-Trade baby on the most-TiVo d were Pepsi s Justin Timberlake spoof, Doritos Mouse Trap, and a Coca-Cola spot featuring Democratic operative James Carville and former Republican Sen. (Multichannel News)
Readers vote Budweiser Rocky adgames best Feb 5, 2008
E-Trade, Baby (part 1), 7 percent. Life Water, Thriller, 7 percent. (MSNBC -- Business)
Monday Updates Feb 5, 2008
According to the Alviso based company, the E-Trade ad with the baby investor was the No. 1 rated spot during the big game. Good for E-Trade. (NBC 11, CA)
