Refco 2004 profits down

06 Jun 2005

Refco group saw its annual revenues increase by 99.3%, to $3.74b, but operating profit fell as a result, the firm said, of the expenses associated with its purchase by private equity firm Thomas H Lee Partners (see FO Week...

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“At this point in time, we will not be supporting this [parliamentary] inquiry. But we put it on notice that in a future time, which we envisage will be in the next four weeks or so, we will, unless Wayne Swan does the bleeding obvious and stops this going forward,”

Australian senator Barnaby Joyce on the proposed ASX-SGX merger