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Re: AlanC post# 9040

Monday, 10/06/2014 11:46:58 AM

Monday, October 06, 2014 11:46:58 AM

Post# of 9190
Trading firm KCG announces job cuts
BY Reuters
4:41 PM ET 09/23/2014

Sept 23 (Reuters) - Trading firm KCG Holdings Inc (KCG) said it has begun cutting 4 percent of its workforce to focus on areas with potential for growth.

KCG said it expects to incur a pretax charge of $5-$6 million in the third quarter related to severance, other one-time termination benefits and associated costs.

(1.usa.gov/1uF0adr) (Reporting by Amrutha Gayathri in Bangalore)


yep ...

According to today's WSJ it wasn't just the CFO that left, other KCG management are abandoning ship as well. Stay tuned.



4kids
all jmo

10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --