Investment Technology Says US Market Share Increased to Highest Level Since July 2015

Investment Technology Says US Market Share Increased to Highest Level Since July 2015

Investment Technology Group, a financial technology and brokerage firm, said that its consolidated US market share increased for the fifth consecutive month in December, to the highest level since July 2015. Trading volume was 3.1 billion shares and average daily volume was 150 million shares last month, up from 2.8 billion shares traded in December 2015 with an average daily volume of 129 million shares. In November last year, 3.3 […]

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General Motors Jumps to New 22-Month High

General Motors Jumps to New 22-Month High

General Motors Company shares jumped more than 5% intraday, touching their highest level since March 2015, after the company said Tuesday it expects FY17 adjusted earnings per diluted share of $6.00 to $6.50, increasing from its FY16 outlook of $5.50 to $6.00 per share, and above the $5.7 per share consensus of analysts polled by Capital IQ. Based on this outlook, the board approved an additional $5 billion of buybacks […]

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