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Canaccord Financial Inc.

11:45 AM EST - Canaccord Financial Inc. : generated record revenue of $254.8 million and record net income of $42.7 million in the third quarter of fiscal 2011, the quarter ended December 31, 2010. Revenue was 47.1% higher than the same quarter last year and 70.7% higher compared to the previous quarter. Net income for the third quarter was $42.7 million, 182.6% higher than net income of $15.1 million during the same quarter last year and 340.2% higher than $9.7 million recorded in the previous quarter. Canaccord Financial Inc. shares T.CF are trading down $0.12 at $16.13.