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BGC Partners Inc (BGCP.OQ)

BGCP.OQ on NASDAQ Stock Exchange Global Select Market

5.55USD
17 Dec 2018
Change (% chg)

$0.00 (+0.00%)
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$5.55
Open
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Volume
986,355
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574,057
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$15.82
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Latest Key Developments (Source: Significant Developments)

BGC Partners And Newmark Group Announce Terms Of New Separate Credit Facilities
Wednesday, 28 Nov 2018 04:45pm EST 

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
Monday, 26 Nov 2018 08:30pm EST 

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 06:00am EDT 

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 06:30am EDT 

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 08:30am EDT 

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 08:30am EDT 

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
Wednesday, 26 Sep 2018 05:00pm EDT 

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 08:30am EDT 

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 08:30am EDT 

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 08:01am EDT 

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

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Australian private firm hires Macquarie for sale that could fetch $1.5 billion

SYDNEY BGC, one of Australia's biggest privately owned companies, said on Tuesday it has hired Macquarie Group to find a buyer for the business, in a possible deal that local media said would be worth about A$2 billion ($1.5 billion).