| October 18 2007 Bloomberg.com The online brokerage reported its first quarterly loss in five years and slashed its forecasts for 2007 earnings after surging U.S. mortgage defaults led to higher costs for bad debt at its online bank. E*Trade shares declined 23 cents, or 1.8 percent, to $12.47 yesterday. | Full story |
posted by Mortgage Man @ 6:06 AM
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