Fidelity, Macquarie, Jefferies, Royal Bank of Scotland, Schwab, Wachovia
The Financial Times reports that Macquarie CEO Nicholas Moore has warned that his bank is finding the climate 'increasing challenging'. According to the newspaper, Moore said Wednesday that 'the markets have not gotten any easier.....(although)

WaMu, E*Trade, AMG and Raymond James
Washington Mutual Inc. and E*Trade Financial Corp. suffered second-quarter earnings losses, Affiliated Managers Group Inc. posted a quarterly profit drop and Raymond James Financial Inc. reported a net income gain. Washington Mutual's second quarter loss

Exec promoted to CEO at Charles Schwab
In a boardroom shift that could complete a multiyear restructuring effort, the Charles Schwab Corp. Tuesday named Walter Bettinger II as chief executive, replacing Charles Schwab, who will remain chairman of the company he founded. The management changes

Stocks Hold Positive In Mid-Day Trading But Come Off Highs
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The! Biggest! News! of! the! Day! - Not E-Trade Financial Corp, Washington Mutual Inc, McDonald's, or AT&T Inc
Here are some of the contenders for today's biggest...news...of...the...day... The large losses, noted this morning, from both Washington Mutual Inc (WM) and E-Trade Financial Corp (ETFC)...[note - as pointed out earlier, both stocks are heavily shorted

Stocks Hold Positive In Mid-Day Trading But Come Off Highs
(RTTNews) - Stocks are pulling back slightly as they approach mid-day trading on Wednesday, but remain in positive territory as investors take in corporate news and lower oil prices. Airline stocks continue to show some of the best performances of the

E*TRADE Financial Sips In Pre-Market On Q2 Loss
E*TRADE Financial (ETFC: News, Chart, Quote ) declined in pre-market trading, down about 12 percent. The slide came after the company reported a second quarter loss.The stock was down 50 cents just after 8:40 am ET, slipping to $3.55. If pre-market

CORRECTION: E*TRADE Financial Slips In Pre-Market On Q2 Loss
E*TRADE Financial (ETFC: News, Chart, Quote ) declined in pre-market trading, down about 12 percent. The slide came after the company reported a second quarter loss.The stock was down 50 cents just after 8:40 am ET, slipping to $3.55. If pre-market

Teething Pain at E*Trade
The 'E' in E*Trade (Nasdaq: ETFC) probably stands for 'electronic.' It most certainly doesn't stand for 'empty.' The discount broker delivered a rough second-quarter report last night. Net revenue fell by a sharp 20% to $532 million. The company posted a

The! Biggest! News! of! the! Day! - Not E-Trade Financial Corp, Washington Mutual Inc,McDonald's, or AT&T Inc
Read more about what our subscribers have to say. Here are some of the contenders for today's biggest...news...of...the...day... The large losses, noted this morning, from both Washington Mutual Inc (WM) and E-Trade Financial Corp (ETFC)...[note - as

E-Trade gives up 10% after earnings hit
The discount broker also said it took an $83 million hit in July from exposure to the preferred securities of Fannie Mae (FNM:FNMNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) and Freddie

Charles Schwab appoints president and CEO
The Charles Schwab, a provider of securities brokerage, banking and related financial services, has appointed Walter Bettinger II as president, CEO and a member of the board of directors effective October 1, 2008.Mr Bettinger had previously served as

E-Trade falls 9% after earnings hit
SAN FRANCISCO (Menafn - MarketWatch) - E-Trade Financial shares fell 9% Wednesday morning following word late yesterday that it posted a $94.6 million second-quarter net loss and said that the economic slowdown may impede recovery plans this year. The

E-Trade falls 9% after earnings hit
The discount broker also said it took an $83 million hit in July from exposure to the preferred securities of Fannie Mae (FNM:FNMNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) and Freddie

Exec promoted to CEO at Charles Schwab; founder stays chairman
In a boardroom shift that could complete a multiyear restructuring effort, the Charles Schwab Corp. Tuesday named Walter Bettinger II as chief executive, replacing Charles Schwab, who will remain chairman of the company he founded. The management changes

E-Trade bleeds red
BOSTON (MarketWatch) -- Shares of E-Trade Financial Corp. (ETFC:ETFCNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) were off more than 10% in premarket trade Wednesday after the company

Charles Schwab steps down
Charles R. Schwab grabbed back the helm of his foundering discount brokerage in 2004 and vowed to put the company back on course.Schwab now must be feeling comfortable enough to try handing off control again: San Francisco-based Charles Schwab Corp. on

E*Trade Trampled by Credit Woes (Update)
AMTDETFC (Stocks Under $10 PICK) FNM FRE SCHW Article Tools Editor's Picks Be the First Member to Recommend this article Recommend it E*TradeETFC swung to a wider-than-expected second-quarter loss on Tuesday and indicated that its plan to return to

Online brokerage E+Trade's Q2 losses greater than expected
E+Trade Financial Corp. reported a bigger-than-expected second-quarter loss yesterday, and warned it could suffer more losses as credit-related troubles continued to weigh. The U. S. online brokerage posted a net loss of US$94.6-million, or US19 a share,

Instinet Europe to begin trading on Turquoise
Instinet, a player in electronic trading and agency-only brokerage services, has announced that its European agency brokerage subsidiary, Instinet Europe (IEL), has successfully completed conformance testing on the Turquoise trading platform. As a

E*Trade shares dip 13 percent on profit warnings
(Reuters) - Shares of E*Trade Financial Corp (ETFC.O: Quote, Profile, Research) tumbled 13 percent to $3.52 before the market open on Wednesday after the lender and online brokerage reported a wider-than-expected second-quarter loss. E*Trade also warned

E*Trade Trampled by Credit Woes (Update)
E*TradeETFC The financial services provider reported a net loss of $94.6 million, or 19 cents per share, as loan delinquencies rose and it increased its provision for future losses. That compares with a profit of $159.1 million, or 37 cents per share a

Instinet backs rival to Chi-X
Instinet Europe, the broker that launched alternative trading system Chi-X last year, has backed rival trading system Turquoise, saying its customers will be able to trade on the new platform next month.

Opening View: Washington Mutual, E*Trade, and VMware Report Earnings
U.S. stock futures are pointed higher this morning, indicative of a potentially positive start to the regular session of trading. With the Fed's Beige Book the sole piece of economic data slated for release today, traders are left with only quarterly

E-Trade shares slip on quarterly loss, housing woes
BOSTON (MarketWatch) -- Shares of E-Trade Financial Corp. (ETFC:ETFCNews, chart, profile, moreLast: Delayed quote dataAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) were off more than 10% in premarket trade Wednesday after the company

Trade: Schwab puts onus on developing countries for success at WTO by Kanaga Raja (22 July 08)
Third World Network Trade: Schwab puts onus on developing countries for success at WTO Published in SUNS #6522 dated 22 July 2008 Geneva, 21 July (Kanaga Raja) -- At a press briefing Monday, the US Trade Representative put the onus on 'rapidly emerging

Instinet Europe gears for launch on new trading platform
Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, announced that its European agency brokerage subsidiary, Instinet Europe Limited (IEL), has successfully completed conformance testing on the Turquoise