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FCStone Group Trading Volume Declines In April

Stock quotes in this article: FCSX  

NEW YORK (AP) — Commodity risk management firm FCStone Group Inc. said late Wednesday that trading volume declined in April.

BMO Capital Markets analyst Michael Vinciquerra subsequently cut his third-quarter estimate on the Kansas City, Mo.-based company due to expectations for weak trading activity in the coming months. He trimmed his estimate by 1 penny to 6 cents per share.

Vinciquerra maintained a "Market Perform" rating on the shares and a $3 target price on the stock. ...

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