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StoneX Group Inc. (SNEX) provides essential financial infrastructure connecting institutions, traders, and corporations through global execution services, market intelligence, and payment solutions. This news hub delivers timely updates on strategic developments impacting global capital flows and risk management practices.
Access comprehensive coverage of SNEX's operational milestones, including earnings disclosures, partnership announcements, and regulatory filings. Our curated collection serves investors and professionals requiring accurate information about market-making activities, clearing services expansion, and cross-border payment innovations.
Key updates include quarterly financial results, leadership changes, strategic acquisitions, and technology platform enhancements. Track SNEX's evolving role in commodities trading, institutional brokerage services, and multi-asset class execution across 80+ global offices.
Bookmark this page for verified updates on StoneX's market positioning and service developments. Combine real-time alerts with historical context to analyze the company's impact on global financial connectivity.
StoneX Group Inc. (NASDAQ: SNEX) has announced that its subsidiary, StoneX Metals , has completed the acquisition of JBR Recovery's precious metal recovery and refinery business. This strategic move deepens StoneX's metals offering by allowing ownership of a significant part of the supply chain and meeting the growing global demand for recycled silver.
JBR Recovery, one of only two UK companies accredited by the LBMA for supplying 'Good Delivery' silver to the London Bullion Market, processes materials containing silver, gold, and other platinum group metals. The acquisition expands StoneX's precious metals business to include owning and refining precious metals, enabling end-to-end management of metal trading from supply to delivery.
Michael Skinner, Global Head of Metals at StoneX, emphasized the acquisition's significance in furthering their market offering and providing clients with a full end-to-end service. Simon Meddings, Managing Director of JBR Recovery, expressed excitement about the acquisition, highlighting the potential for business growth and enhanced services to global customers.
StoneX Group (NASDAQ: SNEX) reported strong Q3 fiscal 2024 results, with operating revenues up 18% to $913.7 million and record net operating revenues of $468.5 million, a 7% increase. The company experienced a quarterly net income of $61.9 million, down 11%, with a ROE of 15.7%. Quarterly diluted EPS was $1.88, a 13% decline. CEO Sean M. O'Connor highlighted robust client engagement and expanding global footprint as key growth drivers. StoneX plans to leverage increased market volatility to enhance client service and shareholder returns.
StoneX Group Inc. (NASDAQ: SNEX) has announced the release of its fiscal 2024 third quarter results after market close on Tuesday, August 6, 2024. The company will host a conference call to discuss these results on Wednesday, August 7, 2024, at 9:00 a.m. Eastern Time.
Investors and interested parties can access the live webcast and additional information in PDF format at the company's website, stonex.com. Participants can also join the call via a provided link approximately ten minutes before the start time. For those unable to attend the live broadcast, a replay will be available on the StoneX website.
StoneX Group Inc. reported strong financial results for Q2 2024, with operating revenues of $818.2 million, up 16%, net income of $53.1 million, and diluted EPS of $1.63 per share. The Company's CEO highlighted diversification in product offerings and client base as key contributors to the positive performance.
StoneX Group Inc. (NASDAQ: SNEX) will release its fiscal 2024 second quarter results on May 8, 2024, followed by a conference call on May 9, 2024, at 9:00 a.m. ET. The management will review the company's performance during the call, with a live webcast available on their website. Participants can join via phone or web to access the call and presentation materials.
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