After five years of 20 percent growth, fixed income trading is unlikely to continue at that pace.
Michael Hecht
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
results control
McLendon wanted to move into a leadership position. [The move was] totally fitting with his personality.
leadership personality
Given the company's prior accounting and regulatory issues, this is likely to have a meaningful negative impact on the stock today.
meaningful negative today issues impact
This is an exciting time, a spectacular opportunity
opportunity time exciting
The chance to build a new department? How cool is that?
chance cool
Most of the upside came from areas like a lower tax rate, which accounted for 26 cents of (earnings per share) upside and lower than expected (compensation) ratio.
compensation share tax
We are more optimistic about growth recovery, and have taken a fresh 5-year look at our earnings forecast for the company.
growth optimistic company recovery fresh
Plans are to develop the existing CMC space along with the existing Cascade Village Theater.. Into 11 residences and some commercial/office/retail space.
plans theater space
growth income
The company has made significant investments to diversify its trading business, which should pay off.
business company made
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