Wit Capital shrank loss in 2nd period

Article Abstract:

Wit Capital Group Inc. reported an 11 US cent loss (10.6 European cents) per share for the second-quarter of 1999. During the same period in 1998, Wit Capital posted a 26 cent loss. The New York-based online investment banking and brokerage company was helped by a solid improvement in its investment banking revenues. Wit Capital became a public company in early June 1999.

Comment:

Reports 11 US cent loss (10.6 European cents) per share for second-quarter of 1999

Sales, profits & dividends, Investment Banking, Finance, Investment banks, Abstract, Wit Capital Group Inc.

---

TD Waterhouse may expand reach

Article Abstract:

TD Waterhouse Group Inc. could be seeking to expand its "real-world" presence. The online and discount brokerage company currently runs approximately 177 branch offices in the US.

Securities Dealers, Acquisitions & mergers, Security brokers and dealers, Planning, Securities industry, TD Waterhouse Group Inc., TWE

---

Similar abstracts:

• Abstracts: Knight Trading's profit fell 94% in 2nd quarter. Schwab's 1st-quarter profit fell 24%. E*Trade posts net loss for quarter
• Abstracts: H-P's net climbs 30% on gains across its units. H-P reports surge in profit and rasises forecast. Handspring reports wider net loss
• Abstracts: Lippo Group financial restructuring is approved handily by shareholders. U.S. brokerages may clean up from Japan's banking mess
• Abstracts: Chiquita completes credit facility amid revamp. Strong second quarter for Kraft. Campbell's net fell 3.6% in quarter
• Abstracts: Societe Generale looks to expand. France explores selling 10% stake in Credit Lyonnais

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.