NEW YORK (Reuters) - E*Trade Financial Corp reported a wider-than-expected second-quarter loss on Tuesday, and warned it could see more losses as the economy deteriorates and more loans sour. E*Trade posted a net loss of $94.6 million, or 19 cents a share, in the quarter ended June 30, compared with a profit of $159.1 million, or 37 cents per share, a year earlier. The quarterly loss was its third in a row. More

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Posted by markw, filed under Finance. Date: July 22, 2008, 8:57 pm |

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