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View Full Version : ICAP Slumps 30% After Morgan Stanley Reduces Outlook (Update1) - Bloomberg



NewsWhore
11-13-2008, 09:40 AM
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ICAP Slumps 30% After Morgan Stanley Reduces Outlook (Update1) (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3Dad4qD4bTzkYM%26refer%3Duk&cid=1269876723&ei=Oj4cSdGAJIHI9ASwwpjGAw&usg=AFQjCNF2cC9GnBnUu1BnlJQeFg-3M05JTg)
Bloomberg - 1 hour ago
Since the trading report, the pound has slumped about 21 percent against the US currency, boosting ICAP&#39;s dollar-based earnings. ICAP benefits when price ...


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