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Stock Market & Financial Investment News

News Breaks
April 27, 2014
21:46 EDTETFCE-Trade said to be probed by Finra on order routing practices, NY Post says
The Financial Regulatory Authority or Finra is investigating E-Trade over orders routed to G1 Execution Services, a business the discount brokerage sold this year, says the NY Post. Finra is trying to determine if E-Trade customers received best pricing on order executions routed to G1 Execution Services, added the NY Post. Reference Link
News For ETFC From The Last 14 Days
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November 19, 2015
08:05 EDTETFCE-Trade announces $800M share repurchase authorization
E*TRADE Financial Corporation announced that its Board of Directors authorized the company to repurchase up to $800M of its common stock. The authorization is effective immediately and extends through March 31, 2017. "Today's announcement brings our fourth major capital deployment action in 2015, after having reduced and refinanced corporate debt, terminated wholesale funding obligations, and begun the process of growing our balance sheet to our targeted size of approximately $50 billion," said Paul Idzik, CEO. "It also marks the first time in more than eight years that the Company has returned capital to shareholders through a repurchase program - a natural next step to continue driving value for our owners, while providing us with the flexibility to evaluate further opportunities, should they arise."

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