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BGC Partners Inc (BGCP.OQ)

BGCP.OQ on NASDAQ Stock Exchange Global Select Market

4.99USD
23 Aug 2019
Change (% chg)

$-0.16 (-3.11%)
Prev Close
$5.15
Open
$5.13
Day's High
$5.13
Day's Low
$4.97
Volume
499,604
Avg. Vol
505,200
52-wk High
$12.65
52-wk Low
$4.47

Latest Key Developments (Source: Significant Developments)

Bgc Partners Updates Its Outlook For The Second Quarter Of 2019
Friday, 28 Jun 2019 

June 27 (Reuters) - BGC Partners Inc ::BGC PARTNERS UPDATES ITS OUTLOOK FOR THE SECOND QUARTER OF 2019.BGC PARTNERS - REVENUES & PRE-TAX ADJUSTED EARNINGS FOR Q2 OF 2019 ARE NOW EXPECTED TO BE ABOVE MID-POINT OF RANGE OF ITS PREVIOUSLY STATED GUIDANCE.  Full Article

BGC Partners Updates Q1 2019 Outlook
Friday, 29 Mar 2019 

March 28 (Reuters) - BGC Partners Inc ::BGC PARTNERS UPDATES ITS OUTLOOK FOR THE FIRST QUARTER OF 2019.BGC PARTNERS - REVENUES & PRE-TAX ADJUSTED EARNINGS FOR Q1 OF 2019 ARE NOW EXPECTED TO BE AROUND MIDPOINT OF RANGE OF ITS PREVIOUSLY STATED GUIDANCE.BGC PARTNERS - UPDATED OUTLOOK FOR QUARTER ENDING MARCH 31 REFLECTS CONTINUING OPERATIONS OF BGC AND EXCLUDES RESULTS OF ITS FORMER SUBSIDIARY NEWMARK GROUP.  Full Article

BGC Partners And Newmark Group Announce Terms Of New Separate Credit Facilities
Thursday, 29 Nov 2018 

Nov 28 (Reuters) - BGC Partners Inc ::BGC PARTNERS AND NEWMARK GROUP ANNOUNCE TERMS OF NEW SEPARATE CREDIT FACILITIES.NEWMARK GROUP INC - TOGETHER CREDIT AGREEMENTS TOTAL $600 MILLION.NEWMARK GROUP INC - BGC PARTNERS ENTERED INTO A NEW $350 MILLION REVOLVING CREDIT FACILITY MATURING ON NOVEMBER 28, 2020.NEWMARK GROUP INC - ENTERED INTO A NEW $250 MILLION REVOLVING CREDIT FACILITY MATURING ON NOVEMBER 28, 2021.  Full Article

BGC Partners Announces Distribution Ratio For Spin-Off Of Newmark
Tuesday, 27 Nov 2018 

Nov 26 (Reuters) - Bgc Partners Inc ::BGC PARTNERS ANNOUNCES DISTRIBUTION RATIO FOR SPIN-OFF OF NEWMARK.NEWMARK'S CLASS A COMMON STOCK FLOAT WILL INCREASE FROM ABOUT 23 MILLION SHARES TO ABOUT 155 MILLION SHARES AS A RESULT OF SPIN-OFF.FOLLOWING SPIN-OFF, BGC WILL NO LONGER HOLD ANY SHARES OF NEWMARK.  Full Article

Newmark Group announces pricing of senior notes
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Newmark Group Inc ::NEWMARK GROUP ANNOUNCES PRICING OF SENIOR NOTES.NEWMARK GROUP INC - PRICING OF AN OFFERING OF $550 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.125% SENIOR NOTES DUE 2023.  Full Article

BGC Partners To Acquire ED Broking Group Limited
Monday, 29 Oct 2018 

Oct 29 (Reuters) - BGC Partners Inc ::BGC PARTNERS TO ACQUIRE ED BROKING GROUP LIMITED, A LEADING LLOYD'S OF LONDON INSURANCE BROKER.BGC PARTNERS INC - BGC WILL ACQUIRE 100% OF ED.BGC PARTNERS INC - FURTHER DETAILS OF TRANSACTION WERE NOT DISCLOSED.BGC PARTNERS INC - ED EXPECTS TO REPORT REVENUES OF AROUND $100 MILLION IN 2018..  Full Article

BGC Partners Reports Q3 EPS Of $0.35
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - BGC Partners Inc ::BGC PARTNERS REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.BGC PARTNERS INC - QTRLY EARNINGS PER SHARE $0.35.BGC PARTNERS INC - QTRLY REVENUES $977.3 MILLION VERSUS $827.0 MILLION.BGC PARTNERS INC - ANTICIPATES FOURTH QUARTER 2018 CONSOLIDATED REVENUES OF BETWEEN $1,015 MILLION AND $1,075 MILLION.BGC PARTNERS INC - FOR FULL YEAR 2018, EXPECTS POST-SPIN BGC REVENUES TO INCREASE BY BETWEEN 9.5 AND 11.5 PERCENT YEAR-ON-YEAR.BGC PARTNERS INC - FOR THE FULL YEAR 2018, NEWMARK EXPECTS ITS REVENUES TO INCREASE BY 19 TO 28 PERCENT.BGC PARTNERS INC - FOR THE FULL YEAR 2018, NEWMARK EXPECTS ITS ADJUSTED EARNINGS PER SHARE TO GROW BY 22 TO 39 PERCENT.BGC PARTNERS INC - QTRLY POST-TAX ADJUSTED EARNINGS PER SHARE $0.42.  Full Article

Newmark Group Reports Q3 GAAP Net Income Per Share Of $0.43
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Newmark Group Inc ::NEWMARK GROUP REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.QUARTERLY GAAP NET INCOME PER SHARE $0.43.QUARTERLY POST-TAX ADJUSTED EARNINGS PER SHARE $0.59.QUARTERLY REVENUES $518.8 MILLION VERSUS $398.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.60, REVENUE VIEW $508.7 MILLION -- THOMSON REUTERS I/B/E/S.SAYS CONTINUE TO MAKE PROGRESS TOWARDS PLANNED SPIN-OFF, INTEND TO COMPLETE BY THE END OF 2018.SAYS EXPECTS 2018 REVENUES OF BETWEEN ABOUT $1,975 MILLION AND $2,025 MILLION, REPRESENTING INCREASE OF BETWEEN 24 PERCENT AND 27 PERCENT.SAYS EXPECTS 2018 POST-TAX ADJUSTED EARNINGS PER SHARE TO BE IN THE RANGE OF APPROXIMATELY $1.45 AND $1.53.FY2018 EARNINGS PER SHARE VIEW $1.50, REVENUE VIEW $1.98 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Newmark And BGC Partners Announce Monetization Of An Additional About 2 Mln Nasdaq Shares And Update Their Outlooks
Thursday, 27 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

Australia's BGC halts construction business sale amid cooling housing market

SYDNEY, Feb 28 BGC, one of Australia's biggest privately owned companies, said on Thursday it has pulled the sale of its large stable of construction businesses due to weakness in Australia's once-booming housing market.