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Wednesday, October 19, 2011

E-Trade rides tax benefit, increased trading to better-than-expected 3Q profit ...

E-Trade rides tax benefit, increased trading to better-than-expected 3Q profit ... CHICAGO — Online broker E-Trade Financial Corp. reported third-quarter profits Wednesday that surged eightfold from a year ago due to a hefty tax benefit and increased trading by its customers during a summer of high volatility in the stock markets. ... E-Trade rides tax benefit, increased trading to better-than-expected 3Q profit ...

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