The idea was simple: Build a large catalog of consumer items and make it accessible in a structured format, unlike what already exists in wide-open search engines like Google. Give users tools similar to what they get on financial Web sites. Give a unique online business experience to both the buyer...
EMI Music has recruited Google CIO Douglas Merrill to head up its growing digital music business, the company announced Wednesday. As president of EMI Music's digital business, Merrill will head a new global function that brings together for the first time leadership responsibility for all of the co...
Rumors are flying that E*Trade and TD Ameritrade are again discussing a possible merger, a long-contemplated move that would create an online stock trading powerhouse. The companies reportedly have been in talks for several weeks, but it's not likely that a deal is imminent. Current discussions are ...
The hedge funds that earlier this week called for online broker TD Ameritrade to find a merger partner renewed their call for the strategic move, saying the company is ignoring a "massive value creation opportunity." TD Ameritrade had responded to an earlier call to seek a merger partner by saying i...
Two hedge funds are pushing TD Ameritrade Holding to pursue a merger with a rival firm, the online brokerage announced Tuesday. As an attachment to its regulatory filing, TD Ameritrade included a May 29 letter from hedge funds Jana Partners and S.A.C. Capital Advisors, which own an aggregate of abou...
Government officials have launched investigations into fraud cases that are costing electronic brokerages millions of dollars. Two of the largest e-brokerages are reporting computer hacking incidents in which criminals apparently manipulated client accounts at TD Ameritrade and E-Trade Financial. TD...
Online retailers and service providers improved their customer satisfaction ratings during 2005 and Web-based retailers continued to do a better job of making buyers happy than their off-line counterparts, according to a new report. The annual American Customer Satisfaction Index E-Commerce Report c...
Seeking to keep pace with rivals in a rapidly consolidating industry, E*Trade Financial will buy Harrisdirect for US$700 million in cash. E*Trade said the purchase of Harrisdirect, an online-only brokerage owned by the BMO Financial Group -- parent company of the Bank of Montreal -- would be "highly...
The online financial services world finds itself back in the mergers-and-acquisition spotlight today as Ameritrade and TD Waterhouse have confirmed reports that they are talking about merging their online brokerages. Ameritrade Holding confirmed that talks were under way with Toronto Dominion Bank, ...
The trend for industries to consolidate through major mergers and acquisitions has made its way back to the e-commerce space, with No. 2 online brokerage E*Trade Financial reportedly posed to make a surprise US$5.5 billion bid to buy smaller rival Ameritrade. Neither company has formally acknowledge...
Stocks overcame a brief spike in oil prices to post across-the-board increases today as investors looked to add to gains made before the long holiday weekend. Lifted by earnings news and by bargain-hunting after nearly two straight weeks of declining share values, stocks managed to post their first ...
Discount brokerage Charles Schwab today announced the immediate replacement of CEO David S. Pottruck by board Chairman Charles R. Schwab in the face of continued sagging profits. In the same statement, the San Francisco, California, company also reported that its net income for the quarter ended Jun...
As the stock-market bull remains in a lengthy hibernation, the number of people who qualify as active online traders has tumbled. But the sector has kept its footing, thanks largely to established brokerages that are offering multichannel options to customers. "A lot of the houses have gone strai...
E*Trade has announced it will pay $100 million in stock for privately held Tradescape. The move will nearly double the number of daily stock trades on E*Trade's network, making it the category leader. But GartnerG2 vice president and research director David Furlonger told the E-Commerce Times tha...
Yes - I'm more likely to buy with flexible payment options.
Sometimes - It depends on the item and terms.
Rarely - I typically prefer paying upfront to avoid debt.
Not at All - My purchase decisions are based on need and budget.
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