Canaccord Capital Inc.’s (TSX & AIM: CCI) reported Q4 results. Poor numbers were expected because of the ABCP debacle that is roiling Canadian Money Markets. Not happy but it was expected under the circumstances. So these guys are responsible for raising money and making it grow. What do they have to say about there own prospects? Precious little. There have been some very major executive appointments.Changeover in the executive suite is always significant. New capital has been raised which is about equal to what they lost on the ABCP crisis. So therefore the firm is whole and[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment