Institutional Financial Markets (IFMI) Reports Q2 EPS of $0.07

IFMI Reports Second Quarter 2016 Financial Results

August 3, 2016 8:25 AM EDT

Second Quarter Operating Income of $2.2 million

Second Quarter Net Income of $1.2 million or $0.07 per Diluted Share     

Board Declares Dividend of $0.02 per Share

PHILADELPHIA and NEW YORK, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT: IFMI), a financial services firm specializing in fixed income markets, today reported financial results for its second quarter ended June 30, 2016. 

Operating income was $2.2 million for the three months ended June 30, 2016, compared to $1.3 million... More

IFMI Adopts Stockholder Rights Plan

August 3, 2016 8:24 AM EDT

PHILADELPHIA and NEW YORK, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT: IFMI), a financial services firm specializing in fixed income markets, today announced that its Board of Directors has approved the adoption of a stockholder rights plan (the Rights Plan) to help preserve the value of the Companys deferred tax assets, by reducing the risk of limitation of net operating loss and net capital loss carry forwards and certain other tax benefits under Section 382 of the Internal Revenue Code. The terms of the Rights Plan are substantially the same... More

IFMI Sets Release Date for Second Quarter 2016 Financial Results

August 1, 2016 12:18 PM EDT

PHILADELPHIA and NEW YORK, Aug. 01, 2016 (GLOBE NEWSWIRE) -- Institutional Financial Markets, Inc. (NYSE MKT: IFMI) will release its financial results for the second quarter 2016 on Wednesday, August 3, 2016.  The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results.

The conference call will be available via webcast. Interested parties can access the webcast by clicking the webcast link on IFMIs homepage at... More