Fly News Breaks for March 13, 2015
LUK, FXCM
Mar 13, 2015 | 06:35 EDT
Citigroup continues to see little equity value in shares of FXCM (FXCM) and keeps a Sell rating on the name with a 75c price target following the company's Q4 results. Citi believes management's plans to repay the Leucadia (LUK) loan by year-end does not change the economic reality of little residual value being left for equity holders.
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