February 5, 2010
NEW YORK -- There's further consolidation in the online stock-trading realm. Online brokerage E-Trade Financial said Monday that it will buy rival HarrisDirect in a $700 million deal.
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Acquisitions and equities lift profit at Bear Stearns
Buoyed by stock trading and a ninefold increase in merger and acquisition deals, Bear Stearns surprised analysts Thursday with a record first-quarter profit, the third Wall Street firm to do so.
NYSE and Nasdaq shares have been hit hard as the current grim environment puts the brakes on trading. Are the worries overblown?
