Penson reports second quarter loss
Penson Worldwide Inc., the parent of the second-biggest securities clearing firm, reported a net loss of $7.4 million in its second quarter, equivalent to a loss of 29 cents per share.
Penson Worldwide Inc., the parent of the second-biggest securities clearing firm, reported a net loss of $7.4 million in its second quarter, equivalent to a loss of 29 cents per share. The company, which last month purchased the Ridge Clearing & Outsourcing Solutions Inc. business, had a gain of $6.
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