Banking, finance, and taxes

Panic Sets In For E*Trade (ETFC) Shareholders

E*Trade (ETFC) is off as much as 50% in early trading and has dropped below $4. The stock has a 52-week high of over $26.

According to The Associated Press "Citi Investment Research analyst Prashant A. Bhatia cut his rating on the stock to "Sell" from "Hold" and lowered his price target to $7.50 from $13. Bhatia said there’s a 15 percent chance that E-Trade will declare bankruptcy and said management may be forced to sell loans and securities at significant discounts."

Douglas A. McIntyre

Travel Cards Are Getting Too Good To Ignore

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.