E-Trade gains in heavy trading after debt swap
Shares of online brokerage E-Trade Financial Corp. rose in heavy trading Friday, the first day holders of its bonds can convert debt into equity, said a Raymond James analyst.
Shares of online brokerage E-Trade Financial Corp. rose in heavy trading Friday, the first day holders of its bonds can convert debt into equity, said a Raymond James analyst.
The company on Tuesday completed a $1.74 billion debt exchange in an effort to bolster its capital position amid souring re
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