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Cushman & Wakefield PLC (CWK.N)

CWK.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cushman & Wakefield Reports Senior Secured Notes Offering
Monday, 18 May 2020 

May 18 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD ANNOUNCES SENIOR SECURED NOTES OFFERING.CUSHMAN & WAKEFIELD - UNIT PLANS TO CONDUCT OFFERING OF UP TO $400 MILLION OF SENIOR SECURED NOTES DUE 2028.  Full Article

Cushman & Wakefield Posts Q1 Loss Per Share Of $0.25
Friday, 8 May 2020 

May 7 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD REPORTS FINANCIAL RESULTS FOR FIRST QUARTER 2020.Q1 ADJUSTED EARNINGS PER SHARE $0.03.Q1 REVENUE ROSE 1 PERCENT TO $1.9 BILLION.Q1 LOSS PER SHARE $0.25.Q1 REVENUE ESTIMATE $1.44 BILLION -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE ESTIMATE $0.15 -- REFINITIV IBES DATA.LIQUIDITY AS OF END OF MARCH WAS $1.4 BILLION.CUSHMAN & WAKEFIELD - WITHDRAWING 2020 GUIDANCE FOR ADJUSTED EBITDA & OTHER MEASURES ISSUED ON FEB 27, DUE TO GROWING UNCERTAINTY OF IMPACT OF COVID-19.IMPACT OF COVID-19 WAS RELATIVELY MINOR IN JANUARY AND FEBRUARY.CUSHMAN & WAKEFIELD - IN MARCH, OVERALL DEMAND DECLINED IN TRANSACTION RELATED BROKERAGE SERVICE LINES DUE TO COVID-19 IMPACT.  Full Article

Cushman & Wakefield Says CFO Duncan Palmer To Retire
Friday, 28 Feb 2020 

Feb 27 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD PLC SAYS ITS CFO , DUNCAN PALMER, WOULD BE RETIRING FROM CO ON EARLIER OF DEC 31, 2020 OR APPOINTMENT OF HIS SUCCESSOR.CUSHMAN & WAKEFIELD PLC - PALMER WILL CEASE TO SERVE AS CHIEF ACCOUNTING OFFICER AND THAT LEN TEXTER WILL TAKE OVER THAT ROLE EFFECTIVE IMMEDIATELY.  Full Article

Cushman & Wakefield Posts Q4 Adjusted Earnings Per Share Of $0.78
Friday, 28 Feb 2020 

Feb 27 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD REPORTS STRONG REVENUE GROWTH FOR FOURTH QUARTER AND FULL YEAR 2019.Q4 ADJUSTED EARNINGS PER SHARE $0.78.Q4 EARNINGS PER SHARE $0.01.Q4 REVENUE ROSE 9 PERCENT TO $2.6 BILLION.Q4 REVENUE ESTIMATE $1.88 BILLION -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE ESTIMATE $0.73 -- REFINITIV IBES DATA.EXPECTS FULL YEAR 2020 ADJUSTED EBITDA TO BE IN RANGE OF $810.0 MILLION TO $860.0 MILLION.  Full Article

Cushman & Wakefield Says Announced Operating Efficiency Initiatives That It Will Begin Implementing In Q1
Friday, 28 Feb 2020 

Feb 27 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD PLC - ON FEB 27, ANNOUNCED CERTAIN OPERATING EFFICIENCY INITIATIVES THAT IT WILL BEGIN IMPLEMENTING IN Q1 OF 2020.CUSHMAN & WAKEFIELD PLC - CERTAIN OPERATING EFFICIENCY INITIATIVES ARE INTENDED TO ALLOW CO TO BE A NIMBLER AND MORE AGILE PARTNER TO ITS CLIENTS.CUSHMAN & WAKEFIELD PLC - UNDER THESE INITIATIVES, COMPANY EXPECTS TO INCUR ONE-TIME CASH CHARGES OF ABOUT $40 MILLION TO $60 MILLION.CUSHMAN & WAKEFIELD- EXPECTS TO INCUR ONE-TIME CASH CHARGES OF ABOUT $40 MILLION TO $60 MILLION,SUBSTANTIALLY ALL OF WHICH EXPECTED TO BE INCURRED IN FY 2020.  Full Article

Cushman & Wakefield To Acquire Multifamily Property Management Leader Pinnacle Property Management Services
Thursday, 6 Feb 2020 

Feb 5 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD TO ACQUIRE MULTIFAMILY PROPERTY MANAGEMENT LEADER PINNACLE PROPERTY MANAGEMENT SERVICES.  Full Article

Hunt Companies Inc Signs A Definitive Agreement To Sell Its Interest In Pinnacle To Cushman & Wakefield
Thursday, 6 Feb 2020 

Feb 5 (Reuters) - Hunt Companies Inc::HUNT COMPANIES, INC. SIGNS A DEFINITIVE AGREEMENT TO SELL ITS INTEREST IN PINNACLE TO CUSHMAN & WAKEFIELD.HUNT COMPANIES INC - TO SELL ITS MAJORITY INTEREST IN PINNACLE PROPERTY MANAGEMENT SERVICES, LLC TO CUSHMAN & WAKEFIELD.  Full Article

Cushman & Wakefield, Units Repriced Prior $2.7 Bln Term Loan Facility Under Existing Credit Agreement
Friday, 31 Jan 2020 

Jan 31 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD - ON JAN 30, UNITS REPRICED PREVIOUS $2.7 BILLION TERM LOAN FACILITY UNDER EXISTING CREDIT AGREEMENT.CUSHMAN & WAKEFIELD - REPLACEMENT TERM LOANS PROVIDE FOR IDENTICAL TERMS AS EXISTING TERM LOANS, INCLUDING SAME MATURITY DATE OF AUG 21, 2025.  Full Article

Cushman & Wakefield To Acquire Design & Build Practice Réponse In France
Thursday, 19 Dec 2019 

Dec 19 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD TO ACQUIRE LEADING DESIGN & BUILD PRACTICE RÉPONSE IN FRANCE.CUSHMAN & WAKEFIELD PLC - ANNOUNCED ITS INTENTION TO ACQUIRE RÉPONSE.  Full Article

Cushman & Wakefield Acquires NAI Long Island
Friday, 15 Nov 2019 

Nov 14 (Reuters) - Cushman & Wakefield PLC ::CUSHMAN & WAKEFIELD ACQUIRES NAI LONG ISLAND.  Full Article