Key Developments For BGC Partners, Inc.

BGC Partners, Inc. (BGCP.O) (Nasdaq)
As of  --
--USD
Price Change
--
Percent Change
--
 
Research Another Stock: Symbol Look-up

BGC Partners, Inc. Issues Q4 2009 Outlook; Revenue Outlook In-Line With Analysts' Estimates-Conference Call
Wednesday, 4 Nov 2009 01:30pm EST 

BGC Partners, Inc. announced that for the fourth quarter of 2009, it expects to generate distributable earnings revenues of between $255 million and $275 million, pre-tax distributable earnings of between $12 million and $20 million and post-tax distributable earnings of between $9 million and $15 million. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $267 million for the fourth quarter of 2009. 

 
BGC Partners, Inc. Issues Q3 2009 Guidance; Revenue Guidance Below Analysts' Estimates-Conference Call
Wednesday, 5 Aug 2009 12:30pm EDT 

BGC Partners, Inc. announced that it expects to generate distributable earnings revenues of between $265-$285 million in the third quarter of 2009. This revenue outlook would have been approximately $9 million higher if not for the relative appreciation of the US dollar when comparing it to last year. The Company expects third quarter 2009 pretax distributable earnings of between $21-$29 million, and post-tax distributable earnings of between $15-$21 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $286 million and net profit of $18 million for the third quarter 2009. 

 
BGC Partners, Inc. Finalizes Acquisition of Liquidez
Wednesday, 17 Jun 2009 04:01pm EDT 

BGC Partners, Inc. announced the completion of its acquisition of Liquidez DTVM Ltda., a Brazilian inter-dealer broker of foreign exchange derivatives, commodities, credit, equities, and interest rate products. Terms of the transaction were not mentioned. 

 
BGC Partners, Inc. Issues Q2 2009 Guidance-Conference Call
Thursday, 7 May 2009 08:45am EDT 

BGC Partners, Inc. announced that for second quarter of 2009, it expects distributable earnings revenues of between $260 million and $280 million, pretax distributable earnings of between $20 million and $28 million and post-tax distributable earnings of between $14 million and $20 million. 

 
BGC Partners, Inc. Announces Strategic Alliance with ConvergEx Group
Tuesday, 21 Apr 2009 03:30am EDT 

BGC Partners, Inc. announced that it has formed a strategic alliance through one of its affiliates, with BNY ConvergEx Group, LLC, a provider of global agency brokerage and investment technology solutions. Through the agreement, the Company can now offer its customers ConvergEx`s full line of electronic, portfolio and sales trading capabilities for equities, fixed income and US listed options. 

 
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.