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Article: JB Oxford announces capital markets division completes private financing for "Edu-tainment" software and ophthalmic imaging companies; 1995 earnings forecast upgraded; Management reevaluates need for loss reserve.
- Article from:
- Business Wire
- Article date:
- December 5, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Dec. 5, 1995--JB Oxford Holdings Inc. (NASDAQ: JBOH) announced today that its Capital Markets Division, formed in mid-1995 by its major operating subsidiary, JB Oxford & Co. ("JBOC"), has recently completed two private financing transactions for companies in the "edu-tainment" software and ophthalmic imaging businesses.
JBOC acted as placement agent in both transactions.
"We are most pleased with the success of our new capital markets division," said Stephen Rubenstein, JBOH president and chief executive officer. "We are eager to expand our capital markets activities both at home and abroad and see these activities as a ...