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Short Take: E*Trade earnings meet expectations

E*Trade posted second-quarter profits in line with analysts' expectations. The company reported profits of $6.1 million, or 15 cents a share, for the second quarter ended March 31, up from $3.1 million, or 9 cents a share, for the like quarter a year ago. Quarterly revenue rose to $53.3 million, up from $32.2 million.

E*Trade posted second-quarter profits in line with analysts' expectations. The company reported profits of $6.1 million, or 15 cents a share, for the second quarter ended March 31, up from $3.1 million, or 9 cents a share, for the like quarter a year ago. Quarterly revenue rose to $53.3 million, up from $32.2 million.