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Cowen Inc (COWN.OQ)

COWN.OQ on NASDAQ Stock Exchange Global Select Market

13.95USD
15 Dec 2017
Change (% chg)

$0.35 (+2.57%)
Prev Close
$13.60
Open
$13.70
Day's High
$14.10
Day's Low
$13.60
Volume
274,420
Avg. Vol
80,781
52-wk High
$18.05
52-wk Low
$12.45

Latest Key Developments (Source: Significant Developments)

Cowen Prices Offering Of $120 Million 3.00% Convertible Senior Notes Due 2022
Tuesday, 12 Dec 2017 

Cowen Inc ::COWEN PRICES OFFERING OF $120 MILLION 3.00% CONVERTIBLE SENIOR NOTES DUE 2022.COWEN INC SAYS ESTIMATES THAT NET PROCEEDS FROM OFFERING WILL BE APPROXIMATELY $116.4 MILLION.  Full Article

Cowen To Offer Convertible Senior Notes Due 2022 To Qualified Institutional Buyers
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Cowen Inc ::COWEN TO OFFER CONVERTIBLE SENIOR NOTES.COWEN INC - INTENDS TO OFFER CERTAIN CONVERTIBLE SENIOR NOTES DUE 2022 TO QUALIFIED INSTITUTIONAL BUYERS.COWEN INC - TO USE PROCEEDS FOR PART REPAYMENT OF OUTSTANDING 3.0% CASH CONVERTIBLE NOTES DUE 2019 AND REPURCHASE OF UP TO $25 MILLION SHARES.  Full Article

Cowen Announces Redemption Of 8.25 Pct Senior Notes Due 2021
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Cowen Inc ::COWEN ANNOUNCES REDEMPTION OF 8.25 PCT SENIOR NOTES DUE 2021.COWEN INC - ‍REDEEMING CURRENTLY OUTSTANDING $63.25 MILLION PRINCIPAL AMOUNT OF ITS 8.25 PCT SENIOR NOTES DUE 2021 ON JANUARY 8, 2018​.COWEN SAYS WILL USE PORTION OF ANNOUNCED PUBLIC OFFERING OF $120 MILLION OF 7.35 PCT SENIOR NOTES DUE 2027, WHICH CLOSED DEC 8, TO REDEEM 2021 NOTES.COWEN INC - REDEMPTION PRICE FOR 2021 NOTES TO BE EQUAL TO 106.188 PCT OF PRINCIPAL AMOUNT OF 2021 NOTES PLUS ACCRUED AND UNPAID INTEREST.  Full Article

Cowen Announces Pricing Of $120 Million Senior Notes Offering
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Cowen Inc ::COWEN ANNOUNCES PRICING OF $120 MILLION SENIOR NOTES OFFERING.COWEN INC - PRICED ITS PUBLIC OFFERING OF $120 MILLION OF 7.35% SENIOR NOTES DUE 2027.  Full Article

Cowen Files Preliminary Prospectus Supplement Related To Potential Senior Notes Offering
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Cowen Inc ::COWEN INC FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO POTENTIAL OFFERING OF SENIOR NOTES DUE 2027 - SEC FILING‍​.  Full Article

Cowen Announces Planned CEO Succession
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Cowen Inc ::COWEN ANNOUNCES PLANNED CEO SUCCESSION.COWEN INC - PETER A. COHEN TO REMAIN CHAIRMAN.COWEN INC - ‍JEFFREY M. SOLOMON NAMED CHIEF EXECUTIVE OFFICER EFFECTIVE DECEMBER 27, 2017​.COWEN INC - SOLOMON IS CURRENTLY COWEN'S PRESIDENT.  Full Article

Cowen and CEFC China announce mutual agreement to withdraw from filing with the committee on foreign investment in the United States (CFIUS)
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Cowen Inc :Cowen and CEFC China announce mutual agreement to withdraw from filing with the committee on foreign investment in the United States (CFIUS).Cowen - ‍agree to withdraw from current filing with cfius due to delays & uncertainty in securing approval from CFIUS​.  Full Article

Cowen Inc files for debt shelf of up to $150 million
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Cowen Inc :Cowen Inc files for debt shelf of up to $150 million - SEC filing‍​.  Full Article

Cowen says ‍larry Wieseneck is joining organization as co-president
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Cowen Inc :Cowen Inc - ‍Larry Wieseneck is joining organization as co-president of Cowen and Company​.Cowen Inc - ‍Dan Charney, head of equities, has been named co-president of Cowen and Company​.  Full Article

Cowen reports Q3 GAAP earnings per share $0.09
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Cowen Inc :Cowen announces third quarter 2017 financial results.Q3 GAAP earnings per share $0.09.Q3 revenue $178.8 million versus $131 million.Q3 non-GAAP earnings per share $0.26.Cowen Inc - ‍as of October 1, 2017, assets under management were $10.4 billion, a decrease of $557 million from July 1, 2017​.  Full Article

BRIEF-Cowen closes offering of $135 mln 3.00% Convertible Senior Notes Due 2022

* COWEN ANNOUNCES CLOSING OF $135 MILLION 3.00% CONVERTIBLE SENIOR NOTES DUE 2022 Source text for Eikon: Further company coverage: