| TradeStation Group (TRAD) Reports In-Line Q4 Earnings; Guides Q1 EPS ...
TradeStation Group Inc. (Nasdaq: TRAD) reports Q4 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenues for the quarter were $40.2 million, versus the consensus of $40.92 million. The Company expects to report Q1 EPS of $0.16-$0.19, versus the consensus of $0.20. Revenues are expected to be $39-$42 million, versus $37.12 million. TradeStation sees FY08 EPS of $0.69-$0.86, versus $0.84 and revenues in the range of $158-$177 million. compared to the Street consensus of $167.18 million. TradeStation Group, Inc., through its subsidiaries, operates as an online brokerage firm covering equities, equity options, futures, and forex transactions. Related Categories Earnings Guidance Stocks Mentioned .
TradeKing CEO to Offer Perspective on the Growing Opportunity in ...
BOCA RATON, Fla., Nov. 19 /PRNewswire/ -- TradeKing (www.tradeking.com), a nationally licensed online broker dealer, today announced that its Chairman and CEO Donato Montanaro will be a featured speaker on "The Retail Business" panel during the 23rd Annual Futures and Options Expo taking place November 27-29 in Chicago. Montanaro and the panel participants will discuss the growth of options trading among individual investors and the various approaches brokerage firms are taking to offering options to the retail trader, comparing traditional business models with those of new entrants. He will be joined on his panel by brokerage executives from TD Ameritrade, Merrill Lynch, Optionshouse and OptionsXpress. For more information, visit: http://www.futuresindustry.org/expo-2007.asp.
Bloody battle in Zirakpur
The police has a dismal record as far as nabbing the proclaimed offenders (POs) is concerned. Against the whopping number of 860 persons declared proclaimed offenders by local courts, the police has so far been able to lay its hands on just 22 till date. In 2006 the force managed to arrest only 18 POs. Among the POs is Jagtar Singh Tara, who, along with his two accomplices Jagtar Singh Hawara and Paramjit Singh Bheora and cook Devi Singh, tunnelled his way to freedom from Burail jail in 2004. Devi Singh is also at large while Hawara and Bheora were arrested by the Delhi police. Among those wanted by the police are either domestic helps. And the other category is of criminals wanted in heinous crimes like killing and bomb blasts. Some of the POs have managed to evade arrest for decades.
Plenty of time for Duffield to make New Star rise again
Stock markets around the world have embarked on a downward course. A terrible week on Wall Street, a FTSE 250 here that's entered a bear phase and a FTSE 100 that's already down 8.6pc in 2008 all bode ill, not just for New Star but for asset managers as a whole. If markets fall 1pc, profits at a fund management company fall 2.5pc, so this year's 8.6pc fall already implies a more than 20pc hit to profits, made worse if you are servicing debt like New Star which has had to slash its dividend to conserve cash. But these general problems are compounded by New Star's specific situation. It has been the lead player in commercial property funds and its UK equity funds have been far too exposed to financial services stocks. Both sectors have tanked, encouraging investors to redeem in increasing numbers.
WKU steps up its MBA
Western Kentucky University recently overhauled a master's degree program in an effort to address regional business trends and tap into growing enrollment for MBA programs nationwide.Enrollment for the three options for MBA seekers begins in March for WKU's new full-time MBA and professional MBA programs. The online MBA program will become WKU's part-time program, according to MBA coordinator Bob Hatfield."It will be another connection between local employers and the business school at WKU as employers identify up-and-coming leaders within their organizations," Hatfield said. "This will put us on the map in the state of Kentucky."The full-time MBA will allow students to complete their degree in one year by attending day and evening classes year-round. The professional MBA is open to mid-career professionals and managers who will graduate in two years by taking courses on alternate Saturdays year round.
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