August 20, 2008
E-Trade net rises 44% on interest income, trading
NEW YORK (MarketWatch) -- E-Trade Financial Corp. said Monday its quarterly net income jumped 44%, driven by a surge jump in net interest income and growth in stock trading by individual investors. Link to original articleVolume Spikes: CBH SRZ NDE CVC
The following companies showed unusually heavy volume in Tuesday afternoon trading on the New York Stock Exchange. Higher-than-normal volume can indicate increased activity by institutions such as mutual funds and insurance companies.
ChoicePoint investigation may widen
An informal Securities and Exchange Commission inquiry into stock trading by the two top executives at ChoicePoint appears to have turned into a full-blown investigation. Evidence of that shift hinges on a subtle wording change used in an SEC filing this week by the Alpharetta, Ga.-based data warehousing company.
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