E*Trade shares plunge following results

Tue Apr 28, 2009 11:33pm BST
 
Email | Print | | Single Page
[-] Text [+]

NEW YORK (Reuters) - Shares of E*Trade Financial Corp (ETFC.O) fell nearly 25 percent in extended trading on Tuesday after the retail brokerage said it is facing regulatory pressure to boost capital as it posted its seventh straight quarterly loss.

Shares last traded down 24.3 percent at $1.86.

(Reporting by Rodrigo Campos; Editing by Dan Grebler)

 

Most Popular General News on Reuters UK

  • Articles
  • Videos