Wednesday's Late Winners & Losers

E*Trade pays its off former CEO.
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The first after-hours session of 2008 was decidedly ho-hum amid scarce drippings of news that barely budged stocks from their regular-session closing prices.

Among those few stocks seeing a fair bit of trading volume, however, was


(ETFC) - Get Report

. The online broker announced that former CEO Mitchell Caplan, who resigned in late November, will get a severance package worth

$10.9 million, per a pre-existing agreement inked on Sept. 1, 2004. That represents two times the sum of his base salary and bonus in 2006, as well as two years' worth of medical, life and disability coverage.

Caplan also resigned from the struggling company's board on Monday, which E*Trade remarked effectively severs all of his ties with the company.

E*Trade shares bounced around after the announcement, and were recently flat at $3.42.

Among recent after-hours gainers,

Qwest Communications


was adding 2.2% at $6.95; fellow tech name



was up 0.7% to $22.66; and homebuilder

Beazer Homes

(BZH) - Get Report

was rising 1% to $7.14.

Recent decliners included

General Electric

(GE) - Get Report

, down 15 cents at $36.61; software developer

Mentor Graphics


, off 0.5% to $10.37; and pharmacy benefits management firm

Express Scripts


, which was lately dipping 0.8% at $73.15.