Monday, July 9, 2007

LaBranche to launch strategic review, shares up

(Reuters) - The company also said it would sell its equity specialist operation on the American Stock Exchange and report a second-quarter net loss due to charges related to its stake in NYSE Euronext .




The company said it expects to incur a substantial non-cash charge for a writedown of its intangible assets related to its specialist business.


Read more at Reuters.com Business News

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