--(www.USEquityNews.com)-- 04/17/2008 - Financial industry alert provided by U.S. Equity News. SmallCapVoice.com, Inc. recently announced that a new audio interview featuring, Myles Wolfson, general counsel to Finotec Group, Inc. (OTCBB: FTGI) is available at SmallCapVoice.com. The interview can be heard here at http://www.smallcapvoice.com/ftgi/ftgi-4-15-08.php. Investors and potential investors can learn more about Finotec Group, Inc. via the SmallCapVoice.com Investor Fact Sheet here http://www.smallcapvoice.com/ftgi/factsheet.html. SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors.
Stifel Financial Corp. (NYSE: SF) ("Stifel") and Financial Stocks, LLC ("FSI Group") announced recently that Stifel has made an investment in FSI Group. The investment has been made initially in the form of a Senior Participating Convertible Note, which, upon certain events and conditions, is convertible into a significant minority interest in FSI Group. "We are pleased to have this opportunity to invest in one of the leading multi-strategy asset management firms in the financial services sector," said Ronald J. Kruszewski, Chairman and Chief Executive Officer of Stifel. "We believe it is an opportune time to invest in a private equity and investment fund asset manager specializing in financial institutions."
Knight Capital Group, Inc. (NASDAQ: NITE) recently reported earnings of $32.5 million, or $0.35 per diluted share, and pre-tax income of $55.8 million, which included a minority interest expense of $1.5 million for the first quarter of 2008. For the first quarter of 2007, the company reported earnings from continuing operations of $33.2 million, or $0.32 per diluted share, and pre-tax income of $54.7 million. Including a loss from discontinued operations of $1.3 million, net of tax, or $0.01 per diluted share, earnings were $31.9 million, or $0.31 per diluted share, for the first quarter of 2007.
LaBranche & Co Inc. (NYSE: LAB) announced recently that it will release first quarter 2008 financial results before the open of the market on Tuesday, April 22, 2008. The Company will host a conference call which will be broadcast live over the Internet on Tuesday, April 22, 2008 at 9:00 a.m. Eastern Time. The broadcast will be hosted on the Company's web site located at www.labranche.com. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.
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