Saturday, July 23, 2011
E*Trade Rises After Broker Hires Morgan Stanley to Explore Sale
Sign-up for e-mail newsletters and alerts and get the news you need delivered directly to your inbox. Your essential source for the latest news on the intersection of Wall Street and Washington. A weekly, close-up look at the gadget universe.July 23 (Bloomberg) -- E*Trade Financial Corp., the online brokerage whose shares have fallen 94 percent in four years, responded to its biggest owner's request to address those "catastrophic losses" by hiring Morgan Stanley to explore a sale
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