Rochester, NY 7/25/2009 1:50:47 AM
E*TRADE Financial Corporation ETFC, E*Trade Q2 Loss was Due to Growing Net Charge offs
E*TRADE Financial Corporation ETFC
Q2 of this year shows that E*Trade Financial Corp. loss almost $143 million sales. As compared a year ago, the total net loss of the company was about $95 million.
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Previous year quarter total net revenue rose to $620.9 million from 532.3 million. The shares edge up 3 cents to $1.39. The results reported after the market close.
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