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October 15, 2005
UPDATE 4-E*Trade to buy
UPDATE 4-E*Trade to buy BrownCo for $1.6 billion Reuters - Sep 29, 2005 approvals. E*Trade stock is up 15.2 percent this year, but has lagged Ameritrade, which has jumped 48.5 percent and Charles Schwab Corp. E*Trade Financial to acquire BrownCo for $1.6B Bizjournals.com, NC - Sep 29, 2005 Wall Street took an immediate liking to the transaction as E*Trade's stock was trading midday at $17.13 a share, up 80 cents or 4.9 percent -- just shy of its Top Senate Republican facing scrutiny of stock divestiture San Francisco Chronicle, United States - Sep 24, 2005 Stockholders are not permitted to trade stock based on inside information; whether Frist possessed any appears to be at the heart of the probes. Borger adopted Frist's defense as fact, failed to note that his Media Matters for America, DC - Sep 28, 2005 BORGER: And Frist doesn't directly trade stock, since it's in a blind trust, which means others manage it largely without his knowledge. E-Trade still on buying spree, adds BrownCo for $1.6B USA Today - Sep 29, 2005 hallmark. E-Trade stock is up 9.2% this year, but has lagged gains by Ameritrade, up 46%, and Charles Schwab (SCH), up about 18%.
Posted by auctionbullet at October 15, 2005 02:59 PM
