FXCM (FXCM) 'Equity Value Essentially Wiped Out' - Citi
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Keefe, Bruyette & Woods Upgrades FXCM Inc (FXCM) to Market Perform
January 21, 2015 6:41 AM UTCKeefe, Bruyette & Woods upgraded FXCM Inc (NYSE: FXCM) from Underperform to Market Perform with a price target of $1.50.
For an analyst ratings summary and ratings history on FXCM Inc click here. For more ratings news on FXCM Inc click here.
Shares of FXCM Inc closed at $1.60 yesterday.
... MoreFXCM (FXCM) PT Lowered to $3.75/Share at Credit Suisse
January 20, 2015 7:04 AM UTCCredit Suisse analyst A. Serrao reiterated an Underperform rating and lowered his price target on FXCM Inc (NYSE: FXCM) to $3.75 (from $4.00) following the capital infusion from Leucadia National (NYSE: LUK).
"All in, we view the... More
FXCM, Inc. (FXCM) Issues Additional Detail on Leucadia (LUK) Deal
January 20, 2015 6:23 AM UTCFXCM, Inc. (NYSE: FXCM) announced further details on the agreement reached with Leucadia National Corporation ("Leucadia")(NYSE: LUK) that permitted FXCM to meet its regulatory capital requirements and continue normal operations after significant losses were incurred due to unprecedented actions by the Swiss National Bank.
As a result of customer debit balances following the historic movement of the Swiss Franc on January 15, 2015, regulators required FXCM Inc.'s regulated entities to supplement their respective net capital on an expedited basis. FXCM Inc. ("FXCM") thereafter explored multiple debt and equity financing... More
