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DLJ, E*Trade Beat Estimates
Updated from 11:37 a.m. EDT
Investment bank Donaldson, Lufkin & Jenrette (DLJ Quote) beat analysts estimates when it reported second-quarter earnings Wednesday, although profits declined from a year ago due primarily to a drop in junk bond underwriting.
Another securities firm, E*Trade (EGRP Quote), also announced earnings Wednesday. The second-largest Internet brokerage reported break-even results, on an ongoing operations basis. ...
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