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Tech Industry

Shares soar as E-Loan reels in cash

The online lending company rockets 130 percent after Charles Schwab and a group of venture capital firms pump $40 million in cash into the company.

    Shares of E-Loan rocketed 130 percent higher today after online brokerage Charles Schwab and a group of venture capital firms pumped $40 million in cash into the Web-based lending company.