DALLAS, April 13, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring investment brokerage company E*TRADE Financial Corp. (Nasdaq:ETFC). 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: http://www.beaconequity.com/i/ETFC
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E*TRADE Financial Corp. (ETFC) provides online investment brokerage and related services to retail customers worldwide. The Company offers trading platforms for the execution of trades in the U.S. equities, futures, options, exchange-traded funds (ETFs) and bond markets.
In the report, the analyst notes:
"The Company's ability to generate revenue and earnings depends primarily upon overall economic conditions and financial market trends, which remained difficult throughout 2009. Unprecedented negative market conditions in 2009 included severely deteriorating home values, historically low real short-term interest rates, and difficult commercial and consumer credit markets.
"The total number of customer accounts increased to 2.63 million in 2009 ended December 31, from 2.52 million total customer accounts as of December 31, 2008. Customer assets in 2009 rose to $153.2 billion, compared with $112.2 billion for 2008. Corporate cash declined to $393.2 million in 2009 from $434.9 million last year. Interests earned decreased 5% to $44.5 million in 2009, compared with $46.9 million for 2008."
To read the entire report visit: http://www.beaconequity.com/i/ETFC
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