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It was a close one...
Published: 19 July 2001 15:46 BST
Web broker E-Trade has announced profitability for its second quarter having made significant cuts to advertising spending.
The company's marketing budget has been halved from $117.3m a year ago to $55.4m this year.
While its revenues are down $30m to $308m the company managed to scrape a profit of $5.4m, or 2 cents per share, for this quarter. This compares favourably with last year's loss of $200,000 in the same period.
E-Trade is listed on the New York Stock Exchange and yesterday closed up one cent at $6.35, about half its year high of $13.20.
Responsibility for this platform is split between New York and London, each being responsible for its own areas. NO FINANCE EXPERIENCE REQUIRED The ...
The company's stock is traded on the New York (NYSE: EDS) and London stock exchanges. Initial point of escalation within EDS & onward escalation as ...
Traders need to be in full check with their exposure and profit and loss on a very regular basis. Our client is a global oil major, and are looking ...
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