Michael Hecht Quotes (10 Quotes)

The performance in global clearing was the only real negative we can point to this quarter as balance growth has clearly slowed here. But we also suspect that continued pressure on commission rates played a role here as well.

Plans are to develop the existing CMC space along with the existing Cascade Village Theater ... into 11 residences and some commercialofficeretail space.

Given the company's prior accounting and regulatory issues, this is likely to have a meaningful negative impact on the stock today.

McLendon wanted to move into a leadership position. The move was totally fitting with his personality.

This is an exciting time, a spectacular opportunity,

We are more optimistic about growth recovery, and have taken a fresh 5-year look at our earnings forecast for the company.

All in all, a solid quarter, but with upside coming from expense control versus revenue upside, investors may be disappointed with these results, particularly in relation to peers,

Our consensus may even prove conservative.

The company has made significant investments to diversify its trading business, which should pay off.

After five years of 20 percent growth, fixed income trading is unlikely to continue at that pace.