phFactor

Just When You Thought It Was Over

Long
NYSE:FXCM   None
1
Not out of the woods yet, but has this limbo dance has finally taken a break ?

» FXCM Inc (NYSE:FXCM) announced today that it is selling its Japan-based arm to Rakuten Securities for approximately $62 million
» First-quarter net income quadrupled to $374.4 million, or 99 cents a share, as net revenue climbed 8.2 percent to $3.18 billion, including the unrealized returns on its FXCM investment, Leucadia said in the statement.

www.bloomberg.com/ne...million-fxcm-bailout
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