FXCM, Inc. (FXCM) Swings to Q4 Loss
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Leucadia and FXCM Sign Memorandum of Understanding to Deepen and Extend Partnership
March 10, 2016 4:15 PM ESTNEW YORK, March 10, 2016 (GLOBE NEWSWIRE) -- Leucadia National Corporation (NYSE: LUK) (Leucadia) and FXCM Inc. (NYSE: FXCM) (FXCM) today announced that they have entered into a memorandum of understanding (the MOU) to amend the terms of their Amended and Restated Credit Agreement (the Credit Agreement), and their Amended and Restated Letter... More
FXCM Inc. Announces Fourth Quarter 2015 Results
March 10, 2016 4:15 PM ESTFourth Quarter 2015 Highlights:
U.S. GAAP net revenues from continuing operations of $67.0 millionU.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $85.7 million or $15.75(1) per fully diluted share, including a $99.9 million loss on derivative liabilityU.S. GAAP net revenues from discontinued operations of $12.3 millionU.S. GAAP net loss attributable to FXCM Inc. from discontinued operations of $19.3 million or $3.54 (1)Â per fully diluted shareAdjusted EBITDA from continuing and discontinued operations of $12.6 millionStrong combined operating cash position of $239.6 million and regulatory surplus of $82.2 million at December 31, 2015... More