E*Trade (ETFC +4.7%) shares jump on speculation TD Ameritrade (AMTD +1.2%) may make a move for...

|About: TD Ameritrade Holding C... (AMTD)|By:, SA News Editor

E*Trade (ETFC +4.7%) shares jump on speculation TD Ameritrade (AMTD +1.2%) may make a move for the discount broker. Late Wednesday, AMTD CEO Fred Tomczyk told Reuters his company has "a lot of firepower" to use for acquisitions; this after saying in November he would consider a bid for ETFC.