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January 31, 2013
08:04 EDTITGITG reports Q4 EPS 2c, consensus 1c
Reports Q4 revenue $121.5M, consensus $119.51M
News For ITG From The Last 14 Days
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July 30, 2014
17:04 EDTITGITG acquires RFQ-hub
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July 22, 2014
16:26 EDTITGITG confirms reception of shareholder letter
ITG confirmed that it has received a shareholder letter from Philadelphia Financial of San Francisco. ITG welcomes constructive input from investors and is committed to creating lasting value for all of its shareholders. ITG management will provide an update on financial results and business outlook during the Q2 earnings call on July 31st.
14:53 EDTITGITG up 4% after Philadelphia Financial reports 6.3% stake, seeks new CEO
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14:35 EDTITGPhiladelphia Financial reports 6.3% stake in ITG, seeks CEO change or sale
Philadelphia Financial acquired their shares of Common Stock based upon their view that the stock is trading below its intrinsic value due to inappropriate management of the company by its current CEO. Philadelphia Financial seeks to influence the board of directors of the company to change the CEO and or to sell the company to another company thereby achieving gains in Common Stock of the company for the current shareholders. The actions of Philadelphia Financial are based upon a detailed and complex analysis of the company, its operations, financial results, competitive environment, the general economic environment in which it operates, securities markets in general and the market for the company’s securities in particular as well as other factors. Accordingly, Philadelphia Financial reserves the right to change its intentions and develop new or different proposals at any time as it deems appropriate.

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