ETFCD E*Trade Financial (MM)

MicroStockProfit.com announces an investment report featuring E*TRADE Financial Corp. (Nasdaq:ETFCD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/ETFCD

E*TRADE Financial Corp. (ETFCD) is a financial services company, which provides online brokerage and related products and services to the individual retail investors, under the brand E*TRADE Financial. It also provides investor-focused banking products, sweep deposits and savings products, to retail investors. The Company's subsidiaries include E*TRADE Bank, which is a federally chartered savings bank that provides investor-focused banking products to retail customers nationwide and deposit accounts insured by the Federal Deposit Insurance Corp. (FDIC); E*TRADE Capital Markets LLC, which is a registered broker-dealer and market-maker; E*TRADE Clearing LLC, which is the clearing firm for the brokerage subsidiaries and is a wholly owned operating subsidiary of E*TRADE Bank; and E*TRADE Securities LLC, which is a registered broker dealer. The Company operates in two business segments: Trading and Investing, and Balance Sheet Management. 

Message Board Search for ETFCD: http://www.boardcentral.com/boards/ETFCD

In the report, the analyst notes:

"ETFCD announced results for its first quarter ended March 31, 2010, reporting a net loss of $48 million, or $0.02 per share, compared with a net loss of $67 million, or $0.04 per share, in the prior quarter and a net loss of $233 million, or $0.41 per share, a year ago.  

"ETFCD announced that a previously approved 1-for-10 reverse split of its common stock takes effect on June 2 at the open of U.S. markets. E*TRADE shares will continue to trade on the NASDAQ Stock Exchange under the symbol ETFC, with the letter "D" added to the end of the trading symbol for 20 trading days (through June 30, 2010) indicating a reverse stock split. The shares will trade with the new CUSIP number 269246401."

To read the entire report visit: www.microstockprofit.com/lp/ETFCD

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