The market was full of talk yesterday about Goldman Sachs predictions that Citigroup (C) might have to write-off another $18.7 billion in CDOs in the fourth quarter. Word was that the big…
Based on figures for short interest in Nasdaq stocks at mid-December, traders increased their bets against a number of discount brokerage and technical stocks. The numbers compare figures on December 14 to…
E*TRADE (NASDAQ: ETFC) has announced an ‘aggressive customer win-back campaign’ as one component of its ‘comprehensive’ turnaround plan. Since this is a preview, that comprehensive plan is more of a promise for…
Below is a summary of many of the top headlines and news bits from individual stocks affecting share prices in pre-market trading this Wednesday: Actuant (ATU) $0.52 EPS vs $0.48 estimate. ADC…
TD Ameritrade (NASDAQ:AMTD) has issued favorable metrics and upside guidance: As of November 30, 2007, client assets totaled approximately $301 billion. Also, average investable assets amounted to $30.9 billion and average fee-based…
Not many stocks are likely to double. Even well-run companies like Cisco Systems (NASDAQ:CSCO) are not likely to move 2x even with great results. The market caps are already too large and…
E*Trade (ETFC), the big discount broker, was in such bad shape that the market thought a firm like TD Ameritrade (AMTD) would walk in and get the firm for next to nothing.…
A look at Thomson/First Call securities analyst ratings and price targets for E*Trade (ETFC) shows that, among eleven brokers surveyed, their mean price target is $10.64. The discount broker, which is in…
The head of TD Ameritrade (AMTD) today indicated that his firm might have an interest in buying troubled discount broker E*Trade. AMTD might get quite a deal "We like their retail business…
Douglas A. McIntyre It would be fair to assume that a number of frightened customers are leaving E*Trade (ETFC) for other brokerage firms. but there is not much solid evidence of how fast that is…
Morningstar has hit the market with "The Market’s Most Overvalued Stocks". They cover a wide range of industries, and some of them, like Schlumberger (SLB), would appear to be "buys" right now.…
24/7 Wall St. did an online survey asking visitors to its website which discount broker give the best service. With 106 respondents, these are the results: Scottrade …
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…
Douglas A. McIntyre This week’s "Corporate Gaffe of the Week" should actually be shared by several companies. What may be the blue ribbon winner is Cephalon (NASDAQ:CEPH). Reports noted that the company sent out a…
Douglas A. McIntyre Investors would suppose that TD Ameritrade (AMTD) and E*Trade (ETFC) shares would be on fire today after The Wall Street Journal broke the story that the companies were in merger talks. But,…
Douglas A. McIntyre 