Surprise! E*Trade back in the black
Discount broker turns first quarterly profit in nearly three years; added 18,000 net new brokerage accounts
E*Trade Financial Corp. surged the most in eight months after the online brokerage unexpectedly reported its first quarterly profit in almost three years.
The shares jumped 7.6 percent to $14.36 at 4 p.m. New York time, the most since Dec. 18. They have fallen 18 percent in 2010, compared with th
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