E-Trade (ETFC) -9.6% premarket after Goldman Sachs follows the online broker's surprise loss by...

|By:, SA News Editor

E-Trade (ETFC) -9.6% premarket after Goldman Sachs follows the online broker's surprise loss by cutting shares to Neutral from Buy: While Q4 results were lower than expected "owing to a few line items, our reduced expectations for 2012-2013 owe more to a more meaningful contraction in our net interest margin outlook than we had previously estimated.