Tuesday, July 24, 2007

LaBranche posts wider quarterly loss

(Reuters) - Excluding a pre-tax loss of $54.6 million due to the lower value of its stake in NYSE Euronext and non-cash charges, the company earned $6.6 million, or 11 cents per share.




Total revenue for the quarter was $90.7 million before net interest expense, up from $53 million a year earlier.


Read more at Reuters.com Market News

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