Source Pravda.Ru

Knight Capital reports 4Q growth

Knight Capital Group Inc. reported that its 4-quarter profit rose 4 percent amid increased stock-market volatility.

Net income increased from $47.4 million to $49.6 million (52 cents per share).

But the revenue was down from $261.5 million last year to $257.3 million

For the year, profit fell to 123.7 million dollars, or $1.23 per share, from $158.3 million, or $1.56 per share. Revenue dropped to $905.3 million.

Knight’s Global Markets business provides a broad range of customized trade execution products and services across multiple asset classes for broker-dealers, institutions and companies. The company continually applies knowledge and innovation to the trading and asset management processes to build lasting client partnerships through consistent performance and superior client service.

Its Asset Management business, Deephaven Capital Management, is a global multi-strategy alternative investment manager focused on delivering attractive risk-adjusted returns with low correlation to the broader markets for institutions and private clients.

Khashoggi wrote in one of his articles that he knew something about Saudi Arabia's participation in 9/11 attacks. This could also be a reason for his abduction

Who killed Jamal Khashoggi?

NATO Secretary General Jens Stoltenberg was surprised to know that the Serbs had not forgiven the alliance for bombing their country. Mr. Stoltenberg wants to now why the ungrateful people did not appreciate NATO's aggression

Bill Clinton's Oval Office disgrace destroyed Yugoslavia