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Cheevers Buys Into Corporate Buybacks

Traders Magazine

Traders Magazine
June 10, 2011
By James Armstrong

As many cash-flush companies look to buy back their own stock, agency-only brokerage Cheevers & Co. is expanding into corporate buybacks, bringing in a new trader who specializes in the space.

 

Brett Klein has joined Cheevers from Northern Trust to help oversee its new corporate buyback service. He reports to Bernie McDevitt, vice president of institutional trading.

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