June 20, 2013
(Stock Blog Hub,
12/3/12)
The online brokerage firm, E*TRADE Financial Corporation (ETFC), reported a slump in Daily Average Revenue Trades (DARTs) in October. According to the monthly market activity report...(read more)
(Stock Blog Hub,
11/24/12)
On Tuesday, New York-based online brokerage firm, E*TRADE Financial Corporation (ETFC) announced the pricing of senior notes worth $1.3 billion. This particular step reflects the...(read more)
(Phil’s Stock World,
9/17/12)
Courtesy of Benzinga. Director Peter Thiel sold 20.06 million shares of Facebook (NASDAQ: FB) last week. The sale was prearranged, so it may not come as a big surprise to traders. Thiel was one of the first investors in Facebook, having bought in [...]
E*TRADE Financial (ETFCD) Company Overview
E*Trade (NYSE: ETFC) is a leading online brokerage firm, which also offers retail banking services, such as checking and savings accounts and CD accounts. [1] E*Trade makes money by charging commission fees to its customers for transactions made. These fees are variable and are based on the size of the client, the size of the trades, and the frequency of the trades. For the full year 2010, E*Trade reported a total revenue of $2.4B and a net loss of $1.3B.
The online brokerage firms have been facing increased competition and downward price pressure as traditional retail banks, such as Bank of America (BAC) and Wells Fargo (WFC), have entered the industry. This pressure prompted E*Trade to find another retail outlet: retail banking.[2].
(Read more at Wikinvest
) What's in this ETFC analysis on Wikinvest...

