SunGard’s revenue from financial systems falls to $703m
SunGard’s revenue from financial systems fell 8% year on year to $703m in the second quarter of 2010, which ended on June 30. Organic revenue in the sector fell 7% year on year.
Total revenue across the software firm’s businesses was $1.30bn, down 5% year on year, and income from operations was $126m.
First 2020 EUA is tradedTradition has closed the first recorded EU Allowance 2020 contract, which will be cleared through the European Climate Exchange. It was traded between Guvnor Global Energy and JP Morgan and was priced at €22.72 a tonne of CO2. Ed Cook, an emissions trader at JP Morgan Securities, said in a statement: “This supports our belief in the longevity of...