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Why FXCM Will See Selling Pressure With Removal From S&P SmallCap 600
Wednesday, June 24, 2015 - 9:57am | 281After the close on June 30, FXCM Inc (NYSE: FXCM) will be removed from the S&P SmallCap 600 Index. Keefe, Bruyette & Woods estimated in a research note on Wednesday that the move would result in selling pressure of 2.2 million shares by S&P 600 index funds. Given a daily trading...
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Citi Thinks FXCM Is Still Worth $0.75
Friday, March 13, 2015 - 11:28am | 316Citi commented on FXCM Inc (NYSE: FXCM) Friday following its Q4 results, which included adjusted EPS of $0.20 adjusted versus an expected $0.15. Analyst William R. Katz maintained a Sell rating on the stock with a $0.75 price target and said the company's equity value was "effectively...
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Citigroup Reduces FXCM's Price Target, Maintains At Sell/High Risk Rating
Tuesday, January 20, 2015 - 10:31am | 137William 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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Barron's Recap: Apple vs. Samsung
Sunday, November 18, 2012 - 1:07pm | 849This weekend in Barron's online: the world's two biggest smartphone makers spar in court, and the prospects for Lear, Leucadia, Sparton and Wyndham Worldwide. Cover Story "Grudge Match" by Kopin Tan. Apple Inc. (NASDAQ: AAPL) and Samsung Electronics, the world's two biggest smartphone makers,...