Rochester, NY 7/11/2009 2:37:56 AM
WhisperfromWallStreet.com Stock Report - FCSX - FCStone posts third-quarter loss, lower revenue
FCStone Group, Inc.
WhisperfromWallStreet.com Stock Report - FCSX - FCStone posts third-quarter loss, lower revenue
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FCStone Group, Inc.,FCSX
Last Trade: 3.95
Day's Range: 3.84 - 4.02
52wk Range: 1.23 - 22.00
Volume: 111,002
Tight credit markets, fewer market participants and lower short-term interest rates contributed to FCStone Group Inc.’s third-quarter loss and 31 percent drop in revenue compared with the same quarter last year.
3.95 Up 0.03 (0.77%) 3:16pm ET
ABOUT THE COMPANY
FCStone Group, Inc., through its subsidiaries, operates as an integrated commodity risk management company primarily in the United States. The company provides risk management consulting and transaction execution services to commercial commodity intermediaries, end-users, and producers. It assists primarily middle market customers in optimizing their profit margins and mitigating their exposure to commodity price risk. The company operates through three segments: Commodity and Risk Management Services, Clearing and Execution Services, and Financial Services.
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