Get Quote: INTL
Financials: Latest Results
The financial services firm has had a bit of a bumpy ride, navigating the fluctuations of the highly volatile commodities markets over the past year or so. INTL FCStone posted impressive gains for 2011, with a 61% increase in revenue compared to 2010, largely driven by activity in its commodities and risk management division. The revenue jump propelled the company 21 spots upward on the Fortune 500 this year. And the company acquired the UK metals division of MF Global just as that brokerage firm went under, giving INTL FCStone a choice opportunity to gain even more of a foothold in the European metals market. But the firm announced in February that earnings took a tumble during its first 2012 fiscal quarter, largely due to a 30% decrease in revenue from its commodities and risk group. INTL FCStone shares are down by over 15% compared to a year ago. |
Industry: Diversified Financials
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Rank # of Fortune 500 Companies | |
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California | 53 |
Texas | 52 |
New York | 50 |
Company | Rank |
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73 | |
NetApp | 474 |
NuStar Energy | 377 |