ADVFN - Advanced Financial Network.
HOME» NASDAQ » E » ETFC Stock Price » ETFC Stock News

E*trade Financial Share News

 E*trade Financial (mm) Stock Price
ETFC Stock Price
 E*trade Financial (mm) Stock Chart
ETFC Stock Chart
 E*trade Financial (mm) Stock News
ETFC Stock News
 E*trade Financial (mm) Company Information
ETFC Company Information
 E*trade Financial (mm) Stock Trades
ETFC Stock Trades

EARNINGS PREVIEW: Online Brokers Haunted By Low Rates, European Woes In 4Q

By Mia Lamar Of DOW JONES NEWSWIRES TAKING THE PULSE: The fourth quarter is often host to a holiday trading slowdown, yet the European sovereign debt crisis has in recent months become of increasing concern to many retail investors, pushing some to rein in their trading habits. At the same time, low interest rates remain a nagging issue for the discount brokerages. In a note to clients last month, Nomura analysts said margin pressure from rock-bottom rates is overshadowing positive long-term trends, like rising mobile and Internet usage. The firm added it sees trading volumes likely posting just a modest increase over the next year as market volatility continues to spook retail traders. COMPANIES TO WATCH: Charles Schwab Corp. (SCHW) -- Reports Jan. 18 Wall Street Expectations: Analysts surveyed by Thomson Reuters expect a per-share profit of 13 cents on $1.12 billion in revenue. A year earlier, Schwab turned in a per-share profit of 10 cents on $1.13 billion in revenue. Key Issues: The squeeze of low interest rates has been particularly acute at Schwab, the largest discount brokerage by client assets. In a bid to ensure client yields don't sink into negative territory, Schwab has waived $400 million in fees on its money market funds through the first three quarters of 2011, up from $331 million in the same period a year earlier. The company had expected $150 million in fee waivers per quarter in the second half of 2011, yet Schwab finance chief Joe Martinetto in October warned $165 million was a more likely figure for the fourth quarter. E*Trade Financial Corp. (ETFC) -- Expected to report week of Jan. 23 Wall Street Expectations: Analysts are looking for a per-share profit of 20 cents on $489 million in revenue, excluding loan loss provisions. A year earlier, E*Trade reported a loss of 11 cents a share on $324.2 million in revenue, excluding loan loss provisions. Key Issues: Investors are now looking for a glimpse into the company's plans for the quarters ahead after E*Trade in November said it won't put itself up for sale but instead focus on executing its business plan. The online brokerage had been encouraged by hedge fund and largest shareholder Citadel LLC to explore a potential sale. Updates on its bank's troubled mortgage portfolio remain of interest to E*Trade investors, though the company has recently seen delinquencies in the portfolio ease from past quarters. TD Ameritrade Holding Corp. (AMTD) -- Reports Jan. 17 Wall Street Expectations: Analysts expect a per-share profit of 26 cents on $670 million in revenue. TD Ameritrade reported a per-share profit of 25 cents on $656.2 million in revenue a year earlier. Key Issues: The discount brokerage has recently made strides in gathering up new assets, gains Chief Executive Fred Tomczyk has attributed to a variety of sources, including in some cases, fellow brokerages. Still, the company has also warned it continues to face many of the same challenges pressuring peers, including low interest rates and a still-uncertain global economy. An update on efforts to tightly manage expenses in response could be of focus when the company reports fiscal first-quarter results later this month. (The Thomson Reuters estimates and year-earlier figures may not be comparable due to one-time items and other adjustments.) -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for E*trade Financial (ETFC)
DateTimeHeadline
10/22/201409:51:50U.S. Hot Stocks: Hot Stocks to Watch
10/10/201400:10:24Hackers Stole Fidelity Data
10/09/201423:19:23Hackers Stole Fidelity Data, Too: Investigators: Update
10/08/201412:35:13iti, Regions, E*Trade, ADP Saw Traffic Linked to J.P. Morgan...
06/17/201416:46:22MARKET SNAPSHOT: U.S. Stocks Post Third Day Of Gains
06/17/201413:15:51MARKET SNAPSHOT: U.S. Stocks Rise; Russell 2000 Leads Gains
06/06/201416:41:34MARKET SNAPSHOT: S&P, Dow Set More Records, Russell Up For Year
06/06/201415:38:15MARKET SNAPSHOT: Stocks Gain: S&P Eyes Record, Russell Up For...
06/06/201412:20:53MARKET SNAPSHOT: Stocks Gain: S&P Eyes New Record, Russell Up...
01/23/201416:36:52E*Trade Swings To Profit
11/15/201309:19:36Omega Advisors 3Q 13F: Largest Sales
11/15/201309:19:36Omega Advisors 3Q 13F: Holdings As Of Sep 30
11/15/201308:46:13Glenview Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201308:46:08Glenview Capital Management 3Q 13F: Largest Sales
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest Purchases
11/15/201306:54:05QVT Financial LP 3Q 13F: Holdings As Of Sep 30
11/15/201306:54:05QVT Financial LP 3Q 13F: Largest Sales
11/14/201307:19:32The Vanguard Group 3Q 13F: Largest Purchases
11/14/201307:19:32The Vanguard Group 3Q 13F: Largest Purchases -2-

E*trade Financial and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad