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| E*Trade DARTs Rise As Customer Internals Weaken (ETFC) |
| Published: August 15, 2007, 9:01 am |
| Tags: Brokerage Firms, Etfc |
| E*Trade Financial Corp. (NASDAQ:ETFC) released the industry metric that Wall Street looks at to see... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| E*Trade DARTs Rise As Customer Internals Weaken (ETFC) |
| Published: August 15, 2007, 9:01 am |
| Tags: Brokerage Firms |
| E*Trade Financial Corp. (NASDAQ:ETFC) released the industry metric that Wall Street looks at to see how its overall trading revenues are going. Its DARTs (daily average revenue trades) rose a whopping 20.8% in July over the June reading, which is a fairly substantial number. It also opened 100,787 gross new retail accounts to end with 4,658,228 |
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| Schwab Up Despite Service Outage (SCHW, AMTD, ETFC, BAC, JPM) |
| Published: August 16, 2007, 2:25 pm |
| Tags: Banking, Brokerage Firms, Financial Stocks |
| If someone told you that Charles Schwab Corp. (NASDAQ:SCHW) was back in positive territory on the day the market fell 300 points in the DJIA AND on a day that many of its customers could not even access their trading accounts, would you believe it? Guess what. That is what happened. Look at E*Trade (NASDAQ:ETFC). It fell well over 20% on fears and |
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| Schwab Up Despite Service Outage (SCHW, AMTD, ETFC, BAC, JPM) |
| Published: August 16, 2007, 2:25 pm |
| Tags: Banking, Brokerage Firms, Financial Stocks, Schw |
| If someone told you that Charles Schwab Corp. (NASDAQ:SCHW) was back in positive territory on the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| Top Financial Gappers on Discount Rate Cut (GS, BSC, LEND, ETFC, TMA, NLY, WM, WFC, CFC, MBI, PMI) |
| Published: August 17, 2007, 9:39 am |
| Tags: Banking, Brokerage Firms, Financial Stocks, Hi Low |
| These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one is the discount rate rather than the funds rate, do act as stabilizers and you are seeing it in the financials directly and in most of the other sectors. We hate to look a gift horse in the mouth, but when these rate cuts occur pre-market the actually |
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| Top Financial Gappers on Discount Rate Cut (GS, BSC, LEND, ETFC, TMA, NLY, WM, WFC, CFC, MBI, PMI) |
| Published: August 17, 2007, 9:39 am |
| Tags: Banking, Brokerage Firms, Financial Stocks, Hi Low |
| These intra-meeting cuts like the 50-basis point discount rate cut this morning, even if this one... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| Cramer Talks Mortgage Lenders Closing Shop (LEH, WFC, WB, BAC) |
| Published: August 22, 2007, 2:49 pm |
| Tags: Banking, Brokerage Firms, Cramer, Financial Stocks |
| On today's STOP TRADING on CNBC, Jim Cramer said that the Lehman (NYSE:LEH) exit from the mortgage business is a positive because this wasn't making money. He'd be a buyer on that news. Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), and Wachovia (NYSE:WB) get it and they will be able to gouge down the road after all the mortgage players have |
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| Cramer Talks Mortgage Lenders Closing Shop (LEH, WFC, WB, BAC) |
| Published: August 22, 2007, 2:49 pm |
| Tags: Banking, Brokerage Firms, Cramer, Financial Stocks, Leh |
| On today's STOP TRADING on CNBC, Jim Cramer said that the Lehman (NYSE:LEH) exit from the mortgage... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| TradeKing Looks At Its Place In Brokerage Industry |
| Published: September 11, 2007, 9:55 am |
| Tags: Brokerage Firms |
| TradeKing CEO, Don Montanaro, has been around. He started at Quick & Reilly which was famous as a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| TradeKing Looks At Its Place In Brokerage Industry |
| Published: September 11, 2007, 9:55 am |
| Tags: Brokerage Firms |
| customer service at discount brokerage firms. And, the lessons he picked up there have stayed with him. 24/7 Wall St. has a chance to talk with Montanaro and Roberto Donovan, the firm's VP of client experience. TradeKing has done unusually well in the Barron's and SmartMoney surveys of discount broker customers, and Montanaro attribute much of |
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| Forget the FOMC, Watch Major Broker Earnings (BSC, LEH, BSC, GS, AGE) |
| Published: September 14, 2007, 12:16 am |
| Tags: Banking, Brokerage Firms, Earnings, Financial Stocks |
| do, keep in mind that the brokerage firm giants will all start reporting earnings next week. That alone may actually show just how damaged the lending and financial fallout is on their bottom line, or it may show that the recent recovery was justified. Frankly, the bond... |
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| Forget the FOMC, Watch Major Broker Earnings (BSC, LEH, BSC, GS, AGE) |
| Published: September 14, 2007, 12:16 am |
| Tags: Banking, Brokerage Firms, Earnings, Financial Stocks |
| Next week is the highly awaited FOMC meeting and the expected decision next Tuesday is certainly... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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| Lehman Set To Lead Broker Earnings Ahead of the FOMC (LEH, BSC, MS, GS) |
| Published: September 17, 2007, 4:48 pm |
| Tags: Brokerage Firms, Earnings |
| We compiled a summary of the key brokers reporting this week, and here you can see a full detailed preview that we offered on Friday for the whole sector with more detailed data: Lehman Brothers (NYSE:LEH) reports on Tuesday (9/18) and estimates are $1.47 EPS & Revenues of $4.3 Billion. Estimates were a dime higher two weeks ago and were $1.81 EPS |
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| E*Trade, Missing The Obvious (ETFC, AMTD, SCH) |
| Published: September 17, 2007, 5:27 pm |
| Tags: Brokerage Firms, Earnings Warning |
| E*TRADE FINANCIAL Corp. (NASDAQ:ETFC) announced it is exiting or restructuring non-core businesses that "lack a direct and strategic connection with its retail customers." It's also getting an earnings whack: is revising its 2007 outlook for the full year 2007 GAAP net income of between $450 million and $500 million, and earnings per share of |
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| E*Trade, Missing The Obvious (ETFC, AMTD, SCH) |
| Published: September 17, 2007, 5:27 pm |
| Tags: Brokerage Firms, Earnings Warning, Etfc |
| E*TRADE FINANCIAL Corp. (NASDAQ:ETFC) announced it is exiting or restructuring non-core businesses... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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