Highest ever reported operating income
Record investment banking fees and strong markets boost revenues
Record net revenues from wealth management and investment banking businesses
Net income from continuing operations up 128%
Jovian Capital Corp. today reported lower earnings for the fourth quarter and year ended March 31.Jovian reported earnings for the year of $2 million after incurring a fourth quarter net loss of $0.3 million. This compares to net earnings of $5.4 million and $5.3 million for the corresponding periods ended Mar. 31, 2006.Revenue for the […]
Income from continuing operations up 41%
Revenue edges lower
Global clearing services and wealth management segments post record performances
Mortgage lender hikes dividend
New York Stock Exchange member firms saw flat first quarter profits, despite strong revenue gains.NYSE firms that conduct business with the public reported first-quarter 2007 after-tax profits of US$3.03 billion and revenues of US$89.84 billion. This compared with US$3.08 billion in after-tax profits on revenues of US$77.56 billion in the first quarter of 2006. Profits […]