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Citigroup Reduces FXCM's Price Target, Maintains At Sell/High Risk Rating
Tuesday, January 20, 2015 - 10:31am | 137Read More...William Katz of Citigroup on Tuesday maintained a Sell/High Risk rating on shares of FXCM Inc (NYSE: FXCM) with a price target lowered by $4.25 to $0.75 following details that emerged over the weekend of Leucadia's $300 million rescue package. Katz notes that the “onerous” terms include an annual...
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Former GFT Manager Of Global Risk On FXCM: 'This Shows There's Inherent Issues Across The Board'
Monday, January 19, 2015 - 7:14pm | 227Read More...When asked about the effects of last week’s Swiss National Bank announcement, ThinkLiquidity Founder Jeff Wilkins told Benzinga he thinks it's bad for the overall industry that companies as large as FXCM Inc (NYSE: FXCM) are exposed to such a high level of risk. Wilkins used to run...
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CMC Markets Analyst On FXCM: The Industry Will Change How It Regulates Leverage
Friday, January 16, 2015 - 5:52pm | 270Read More...Speaking to Benzinga, CMC Markets Chief Market Analyst Michael Hewson said that the losses FXCM Inc (NYSE: FXCM) has suffered following the Swiss National Bank’s move will probably cause the forex industry to change how it regulates leverage. “A lot of the damage that’s been...
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Serge Berger On FXCM: 'There's Little You Can Do As A Broker'
Friday, January 16, 2015 - 4:49pm | 232Read More...The Steady Trader Head of Investment Strategy Serge Berger told Benzinga the the full picture of the fallout from the move by the Swiss Central Bank will likely not be clear until a few weeks from now, even though some forex brokers have already gone into insolvency. When asked if forex broker...
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Sandler O'Neill Analyst: In Hindsight, FXCM Took On Too Much Risk
Friday, January 16, 2015 - 4:31pm | 265Read More...Speaking to Benzinga, Sandler O’Neill & Partners LP Analyst Richard Repetto said that in hindsight, FXCM Inc (NYSE: FXCM) took on too much risk. Shares of FXCM are halted after falling more than 85 percent in pre-market trading. Repetto said that FXCM offers clients leverage, a...
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Goldman Sachs And Other Top Financial Stock Picks For 2014 From Credit Suisse
Sunday, December 15, 2013 - 10:47am | 870Read More...Among the financial stocks that analysts at Credit Suisse expect to flourish in the coming year are private equity firms Apollo Global Management (NYSE: APO) and Blackstone Group (NYSE: BX), as well as investment broker giant Goldman Sachs Group (NYSE: GS) and asset manager State Street (NYSE: STT...
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Barron's Recap: Beware Falling Profit Estimates
Saturday, August 17, 2013 - 2:03pm | 959Read More...This weekend in Barron's online: how to dodge the earnings downdraft, who replaces China as the world's low-cost producer, the prospects for International Speedway, Live Nation Entertainment and Grupo Televisa. Cover Story "Beware Falling Profit Estimates" by Jack Hough. U.S. companies...
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Barron's Recap (11/10/12): Are We Headed for a Recession?
Monday, November 12, 2012 - 7:00am | 839Read More...This weekend in Barron's online: dealing with the fiscal cliff, special reports on retirement, and the prospects for Berkshire Hathaway. Cover Story "Shock Treatment" by Gene Epstein. "So I think it's really important for the fiscal policy makers to, you know, work together and find a solution...
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FXCM and E-Trade Come Together for the FXCM Expo
Monday, September 17, 2012 - 1:48pm | 708Read More...FXCM (NYSE: FXCM) and E-Trade (NASDAQ: ETFC) are teaming up to bring traders the FXCM Expo in Las Vegas. Scheduled to take place from November 2 through November 4, the FXCM Expo is an educational event designed to help traders learn the financial markets and improve their trading abilities. "...
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Earnings Expectations for the Week of March 12 (URBN, ROST)
Sunday, March 11, 2012 - 11:04am | 1206Read More...Things will quiet on the earnings front this week. Perhaps the two most prominent quarterly reports will come from retailers and S&P 500 components Urban Outfitters (NASDAQ: URBN) and Ross Stores (NASDAQ: ROST). Analysts on average expect both companies to post year-over-year revenue growth of...
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NFA fines FXCM $2 million for slippage malpractices, FXCM will credit clients back
Saturday, August 13, 2011 - 1:14pm | 74Read More...Apparently Non Dealing Desk doesn't mean you get the best execution - NFA has just announced that it heavily fined FXCM for slippage malpractices. FXCM will pay $2 million directly to NFA and will compensate all customers who suffered from this practice since June 2008. The details of this case...
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FXCM Provides Color on Dow Jones FXCM Dollar Index
Tuesday, July 26, 2011 - 3:25am | 121Read More...FXCM provided color on Dow Jones FXCM Dollar Index. In a research report published today, FXCM stressed that a failure to reach an agreement over raising the U.S. debt ceiling can have negative consequences for the value of the dollar. In the report, “As U.S. policy makers struggle to meet on...
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Deutsche Bank Updates 6/29/11
Wednesday, June 29, 2011 - 7:59am | 829Read More...Deutsche Bank made a number of updates in a research report published today. Legg Mason (NYSE: LM) had its rating upgraded from Hold to Buy. At the same time, its price target was raised from $36 to $38. On Tuesday, Legg Mason added 0.5% to its value to end the day at $31.94....
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Deutsche Bank Updates 6/17
Friday, June 17, 2011 - 9:43am | 1447Read More...Deutsche Bank made a number of updates in a research report published today. Deutsche Bank initiated coverage of FXCM (NASDAQ: FXCM) with a Hold rating and a price target of $11. In a research report published today, Deutsche Bank states, "We are initiating coverage on FXCM, a leading provider of...
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UPDATE: Citi Downgrades FXCM to Sell (FXCM)
Tuesday, May 17, 2011 - 7:28am | 88Read More...Citi is out with its report today on FXCM (NASDAQ: FXCM), downgrading shares of FXCM from Hold to Sell. In a note to clients, Citi writes, "We are reducing our investment opinion from an already non-consensus Hold to Sell, lowering our well below 'Street' EPS estimates sharply, and reducing our 12...
