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Tullett Prebon net profit drops 18%

Revenues rose but net profit fell at the London-based interdealer-broker last year

Tullett Prebon, the London provider of financial-trading and information services, reported that for 2011, net income fell 18% on about flat revenue.

Profit declined to £89.4m, or 41.3p a share, from £108.5m, or 50.5p, in 2010.

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