Equatorial Communications Co. reports fourth-quarter net of $23,000 on sales of $17.7 million. Earnings in year-ago quarter were $1.67 million ($.15/share) on sales of $10.9 million. For year, firm reports $1.39 million loss on continuing operations, but net of $1.8 million ($.14/share) with one-time credits from early retirement of debt and tax-loss carryforwards. 1985 revenues were $56.1 million, up from $38.3 million in 1984.
Instinet Corp. reports fourth-quarter loss of $888,000 on sales
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails