GFI Group Reports Return To Revenue Growth In 4Q10

According to Jefferies & Company, the GFI Group GFIG reported a return to revenue growth in 4Q10, although 2011 started slowly. Jefferies & Company reported that trading activity remains subdued and ongoing regulatory uncertainty is an overhang. “Longer term, GFIG stands to benefit from the new regulations given its strong customer relationships and superior technology. With over $2/share in cash and a ~4% dividend yield, we see limited downside.” The GFI Group closed yesterday at $5.28.