Edition:
United Kingdom

BGC Partners Inc (BGCP.OQ)

BGCP.OQ on NASDAQ Stock Exchange Global Select Market

10.89USD
15 Oct 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$10.89
Open
$10.85
Day's High
$11.02
Day's Low
$10.79
Volume
230,824
Avg. Vol
563,323
52-wk High
$16.96
52-wk Low
$10.40

Latest Key Developments (Source: Significant Developments)

Newmark And BGC Partners Announce Monetization Of An Additional About 2 Mln Nasdaq Shares And Update Their Outlooks
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - BGC Partners Inc ::NEWMARK AND BGC PARTNERS ANNOUNCE MONETIZATION OF AN ADDITIONAL APPROXIMATELY 2 MILLION NASDAQ SHARES AND UPDATE THEIR OUTLOOKS.BGC PARTNERS INC - NEWMARK TO RECEIVE NET CASH PROCEEDS OF APPROXIMATELY $113 MILLION.BGC PARTNERS INC - TRANSACTIONS DO NOT IMPACT $87.0 MILLION NASDAQ PAYMENT EXPECTED TO BE RECOGNIZED IN Q3 OF 2018.BGC PARTNERS-NEWMARK RETAINS FLEXIBILITY TO MONETIZE SOME OR ALL OF ANTICIPATED ABOUT $435 MILLION WORTH OF NASDAQ PAYMENTS FROM 2023 THROUGH 2027.BGC PARTNERS - NEWMARK'S PRINCIPAL OPERATING SUBSIDIARY ISSUED APPROXIMATELY $150 MILLION OF ADDITIONAL EXCHANGEABLE PREFERRED LIMITED PARTNERSHIP UNITS.BGC PARTNERS - NEWMARK INTENDS TO USE $113.2 MILLION OF PROCEEDS FROM SECOND MONETIZATION TO REPAY PORTION OF $247.2 MILLION CONVERTED TERM LOAN.BGC PARTNERS INC - NEWMARK TODAY REAFFIRMED ENTIRETY OF ITS OUTLOOK FOR FULL YEAR 2018.BGC PARTNERS INC - BGC EXPECTS RESULTS FOR Q3 OF 2018 TO BE TOWARDS HIGH END OF ITS PREVIOUSLY STATED OUTLOOK FOR REVENUES AND ADJUSTED EARNINGS.BGC PARTNERS INC - BGC'S CONSOLIDATED RESULTS WILL INCLUDE THOSE OF NEWMARK UNTIL PROPOSED SPIN-OFF IS COMPLETED.  Full Article

BGC Partners Announces Extension Of Exchange Offer For Its 5.375 Pct Senior Notes Due 2023
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - BGC Partners Inc ::BGC PARTNERS ANNOUNCES EXTENSION OF EXCHANGE OFFER FOR ITS 5.375% SENIOR NOTES DUE 2023.BGC PARTNERS INC - EXTENDED OFFER TO EXCHANGE UP TO $450 MILLION 5.375% SENIOR NOTES DUE 2023 FOR AN EQUIVALENT AMOUNT OF ITS 5.375% SENIOR NOTES DUE 2023.BGC PARTNERS INC - EXCHANGE OFFER WILL NOW EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON MONDAY, SEPTEMBER 17, 2018.  Full Article

BGC Partners Announces Extension Of Exchange Offer For Its 5.375PCT Senior Notes Due 2023
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - BGC Partners Inc ::BGC PARTNERS ANNOUNCES EXTENSION OF EXCHANGE OFFER FOR ITS 5.375% SENIOR NOTES DUE 2023.BGC PARTNERS - EXCHANGE OFFER FOR 5.375 PCT SENIOR NOTES DUE 2023 TO NOW EXPIRE ON SEPT 17 AT 5:00 P.M., NEW YORK CITY TIME.  Full Article

Newmark Group Inc - QTRLY Post-Tax Adjusted Earnings Per Share $0.25
Thursday, 2 Aug 2018 

Newmark Group Inc ::NEWMARK GROUP REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.NEWMARK GROUP INC - QTRLY GAAP NET INCOME PER FULLY DILUTED SHARE $0.00.NEWMARK GROUP INC - QTRLY POST-TAX ADJUSTED EARNINGS PER SHARE $0.25.NEWMARK GROUP INC - QTRLY REVENUES $466.6 MILLION VERSUS $405.1 MILLION.NEWMARK GROUP INC - EXPECTS 2018 REVENUES BETWEEN $1,900 MILLION AND $2,050 MILLION APPROXIMATELY.NEWMARK GROUP INC - EXPECTS 2018 POST-TAX ADJUSTED EARNINGS PER SHARE TO BE IN THE RANGE OF APPROXIMATELY $1.40 AND $1.60.NEWMARK GROUP INC - RAISING OUTLOOK FOR ADJUSTED EBITDA BEFORE ALLOCATIONS TO UNITS TO BETWEEN $500 MILLION AND $550 MILLION.  Full Article

BGC Partners Reports Qtrly EPS Of $0.10
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - BGC Partners Inc ::BGC PARTNERS REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.BGC PARTNERS INC QTRLY EARNINGS PER SHARE $0.10.BGC PARTNERS INC QTRLY ADJUSTED EARNINGS PER SHARE $0.30.BGC PARTNERS INC QTRLY TOTAL REVENUES $960.1 MILLION VERSUS ABOUT $848.9 MILLION.BGC PARTNERS INC - ANTICIPATES THIRD QUARTER 2018 CONSOLIDATED REVENUES OF BETWEEN $920 MILLION AND $970 MILLION.BGC PARTNERS - FOR THE FULL YEAR 2018, THE COMPANY EXPECTS POST-SPIN BGC REVENUES TO INCREASE BY BETWEEN 7 AND 10 PERCENT YEAR-ON-YEAR.BGC PARTNERS - FOR THE FULL YEAR 2018, NEWMARK EXPECTS ITS REVENUES TO INCREASE BY 19 TO 28 PERCENT.BGC PARTNERS -EXPECTS CONSOLIDATED PRE-TAX ADJUSTED EARNINGS BEFORE NONCONTROLLING INTEREST IN SUBSIDIARIES AND TAXES 12 PERCENT TO 21 PERCENT HIGHER.BGC PARTNERS -FOR THE FULL YEAR 2018, NEWMARK EXPECTS ITS ADJUSTED EARNINGS PER SHARE TO GROW BY 22 TO 39 PERCENT.BGC PARTNERS -FOR THE FULL YEAR 2018, CO EXPECTS PRE-TAX ADJUSTED EARNINGS TO GROW BY BETWEEN 20 AND 28 PERCENT.  Full Article

Bgc Announces Offering Of Senior Notes
Thursday, 19 Jul 2018 

BGC Partners Inc ::BGC ANNOUNCES OFFERING OF SENIOR NOTES.BGC PARTNERS INC - INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY REVOLVING INDEBTEDNESS.  Full Article

Newmark Group Agrees To Acquire RKF Retail Holdings
Tuesday, 29 May 2018 

May 29 (Reuters) - Newmark Group Inc ::NEWMARK GROUP, INC. AGREES TO ACQUIRE RKF RETAIL HOLDINGS, LLC.NEWMARK GROUP INC - ROBERT K. FUTTERMAN TO SERVE AS CHAIRMAN OF NEWMARK'S RETAIL LEASING DIVISION.NEWMARK GROUP - CO'S ACQUISITION OF RKF IS EXPECTED TO CLOSE BEFORE END OF YEAR.  Full Article

BGC Partners Says CEO's FY 2017 Total Compensation Was $15.7 Mln Vs $13.8 Mln In FY 2016
Monday, 30 Apr 2018 

April 30 (Reuters) - BGC Partners Inc ::BGC PARTNERS INC SAYS CEO HOWARD LUTNICK'S FY 2017 TOTAL COMPENSATION WAS $15.7 MILLION VERSUS $13.8 MILLION IN FY 2016 - SEC FILING.BGC PARTNERS INC SAYS PRESIDENT SHAUN LYNN'S FY 2017 TOTAL COMPENSATION WAS $8.5 MILLION VERSUS $8.3 MILLION IN FY 2016.  Full Article

BGC Partners Updates Its Outlook For The Fourth Quarter Of 2017
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Bgc Partners Inc ::BGC PARTNERS UPDATES ITS OUTLOOK FOR THE FOURTH QUARTER OF 2017.BGC PARTNERS INC - REVENUE, PRE-TAX ADJUSTED EARNINGS FOR Q4 NOW EXPECTED TO BE AROUND HIGH-END OF RANGE OF PREVIOUS GUIDANCE.BGC PARTNERS INC - ‍GOING FORWARD, COMPANY WILL NO LONGER BE REFERRING TO ITS NON-GAAP FINANCIAL MEASURES AS DISTRIBUTABLE EARNINGS​.BGC PARTNERS INC - ‍BGC WILL INSTEAD BE REFERRING TO NON-GAAP FINANCIAL MEASURES AS ADJUSTED EARNINGS​.BGC PARTNERS INC - ‍BGC IS EXPECTED TO INCLUDE NEWMARK IN ITS CONSOLIDATED RESULTS UNTIL PLANNED SPIN-OFF OF NEWMARK​.BGC PARTNERS- BETWEEN NEWMARK IPO AND DISTRIBUTION TO BGC STOCKHOLDERS OF NEWMARK SHARES, CURRENTLY SEES TO MAINTAIN QTRLY DIVIDEND OF $0.18/SHARE.  Full Article

BGC Partners And Newmark Group Announce Pricing Of Newmark Group Initial Public Offering
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Newmark Group Inc ::BGC PARTNERS AND NEWMARK GROUP ANNOUNCE PRICING OF NEWMARK GROUP INITIAL PUBLIC OFFERING.NEWMARK GROUP INC - PRICES INITIAL PUBLIC OFFERING OF 20 MILLION SHARES OF NEWMARK'S CLASS A COMMON STOCK AT A PRICE TO PUBLIC OF $14.00 PER SHARE.NEWMARK GROUP INC - NEWMARK'S CLASS A SHARES ARE EXPECTED TO BEGIN TRADING ON DECEMBER 15, 2017 ON NASDAQ GLOBAL SELECT MARKET UNDER SYMBOL "NMRK".  Full Article