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ITG Reports Second Quarter 2012 Results

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GAAP Results Include Non-cash Goodwill Impairment Charge NEW YORK, Aug. 9, 2012 /PRNewswire/ -- ITG (NYSE: ITG), an independent execution and research broker, today reported results for the quarter ended June 30, 2012. (Logo:  http://photos.prnewswire.com/prnh/20120123/NY39237LOGO ) Second quarter 2012 highlights included: A GAAP net loss of $247.1 million, or $6.40 per diluted share compared to a GAAP net loss of $196.1 million, or $4.77 per diluted share in the second quarter of 2011.  The GAAP net loss for the second quarter of 2012 included a non-cash impairment charge for the balance of ITG's goodwill of $274.3 million, or $6.45 per diluted share after taxes.  The GAAP n...

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