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I-Media CEO’s stock drops $3.5 billion, says analyst

I-Mage International Inc. reported earnings that missed Wall Street expectations, according to an analyst who has followed the company for about two years.The company posted an operating loss of $3,839 million, or $2.79 per share, and a loss-per-share loss of 7 cents.That’s worse than analysts were expecting.It also beat analysts’ estimate of a loss of […]

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Duluth’s MN-based Imc trading company to buy Minnesota-based stock

Duluth, Minn.(AP) Imc Trading is buying Minnesota-owned Imc Securities Group, a Minnesota-focused stock trading company that was spun off from its predecessor company, Imc Ventures.The acquisition price is expected to be $1.7 billion.It will create the largest single-company trading platform for the United States, according to the deal, which has not been disclosed.Imc, based in […]

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