1 Huge Loss That's a Temporary Blip

Knight Capital's $390 million loss this most recent quarter is pretty bad news and stems from an accounting charge related to a bailout package, as well as s pre-tax $461 million hit when the company's trading system melted down in August.

While this loss certainly is painful for shareholders, in the long term the company looks as if it may be all right.

Of course, market-making has been under pressure recently, so all investors need to take a step back and re-evaluate their positions a bit.

See more in the following video.

With so many of the big finance firms getting bad press these days, you may be inclined to stay away from the sector entirely, but that could be a huge mistake. In fact, some of the best opportunities over the next few years can be found there, including one small, under-the-radar bank. It's been called one of The Stocks Only the Smartest Investors Are Buying. You can learn about it, and more, in our exclusive free report. Just click here to keep reading.

Anand Chokkavelu has no positions in the stocks mentioned above. Fool contributor Matt Koppenheffer owns shares of The Blackstone Group. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend TD AMERITRADE and Jefferies Group. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2067147, ~/Articles/ArticleHandler.aspx, 12/18/2014 4:44:15 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 17,778.15 421.28 2.43%
S&P 500 2,061.23 48.34 2.40%
NASD 4,748.40 104.08 2.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

12/18/2014 4:03 PM
AMTD $35.63 Up +0.83 +2.39%
TD Ameritrade CAPS Rating: *****
BX $34.31 Up +0.46 +1.36%
The Blackstone Gro… CAPS Rating: ****
JEF $0.00 Down +0.00 +0.00%
Jefferies Group, I… CAPS Rating: **
KCG $11.80 Down -0.02 -0.17%
Knight Capital Gro… CAPS Rating: *****

Advertisement