Tag: Leucadia

March 20, 2017 BY Valentina Kirilova

Global Brokerage releases Q4 results, repays part of Leucadia Credit Agreement

After the fairly steep decline in trading volumes released in February report, Global Brokerage Inc (NASDAQ:GLBR), recently renamed from FXCM Inc, today announced its fourth quarter results ended December 31, 2016. Fourth quarter 2016 Highlights & Updates: U.S. GAAP net revenues from continuing operations of $80.6 million U.S. GAAP net income attributable to Global Brokerage, Inc. from…

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March 10, 2016 BY Mike Fox

Leucadia and FXCM sign MoU to deepen and extend partnership

Leucadia National Corporation (NYSE:LUK) and FXCM Inc. (NYSE:FXCM) today announced that they have entered into a memorandum of understanding to amend the terms of their Amended and Restated Credit Agreement and their Amended and Restated Letter Agreement, each dated January 24, 2015.  The nonbinding MOU remains subject to the execution of definitive agreements and Board and regulatory approvals.  Leucadia…

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February 20, 2015 BY LeapRate Staff

FXCM Inc shares dip back below $2 as investors begin to lose faith

The change in the effective capital structure at FXCM Inc (NYSE:FXCM) following the $300 million lifeline it received last month from Leucadia National Corp (NYSE:LUK) has left the investment community somewhat unsure as to how to value FXCM going forward. That, as well as how the events of January 15 have affected FXCM's business prospects. Immediately…

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