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News Breaks | | | | March 15, 2013 | | 08:32 EDT |  | SF, KCG | Stifel Financial adds institutional fixed income brokerage business from Knight Capital
Stifel Financial (SF) announced it will acquire the U.S. institutional fixed income sales and trading business from Knight Capital Group (KCG). Terms of the transaction were not disclosed. In addition, Stifel will hire the European institutional fixed income sales and trading team from Knight. The combined teams comprise approximately 60 sales and trading professionals in the U.S. and 40 in Europe, covering high-yield and investment-grade corporate bonds, asset-backed and mortgage-backed securities, and emerging markets as well as fixed income research in selected sectors and companies. | |
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News For SF;KCG From The Last 14 Days Check below for free stories on SF;KCG the last two weeks. |
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| May 21, 2013 | | 05:47 EDT |  | SF | Stifel Financial upgraded to Market Perform from Underperform at Wells Fargo
Wells Fargo upgraded Stifel Financial to Market Perform on expectations volumes are likely to get better. The firm raised its price target range for shares to $31-$36 from $29-$33. | | | May 20, 2013 | | 11:34 EDT |  | KCG | High option volume stocks: FLR CST DANG KCG SCTY
| | | May 9, 2013 | | 16:17 EDT |  | SF | Stifel Financial reports Q1 EPS 58c, consensus 57c
Reports Q1 revenue $441.8M, consensus $450.31M. | |
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