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BGC Partners Inc (BGCP.OQ)

BGCP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

BGC Partners Updates Q1 Revenue And Earnings Outlook
Tuesday, 27 Mar 2018 04:05pm EDT 

March 27 (Reuters) - Bgc Partners Inc ::BGC PARTNERS UPDATES ITS OUTLOOK FOR THE FIRST QUARTER OF 2018.BGC PARTNERS - ‍CO'S REVENUES AND PRE-TAX ADJUSTED EARNINGS FOR Q1 OF 2018 ARE NOW EXPECTED TO BE ABOVE HIGH END OF RANGE OF ITS PREVIOUSLY STATED GUIDANCE​.  Full Article

BGC Partners's Unit Wins Energy Procurement & Supply Management Services Contract
Monday, 26 Mar 2018 10:55am EDT 

March 26 (Reuters) - BGC Partners Inc ::BGC PARTNERS INC - UNIT WON MULTI-YEAR ENERGY PROCUREMENT & SUPPLY MANAGEMENT SERVICES CONTRACT​.BGC PARTNERS - CONTRACT IS FOR CORPORATELY-MANAGED SITES OF MARRIOTT INTERNATIONAL INC THROUGHOUT UNITED STATES, CANADA AND MEXICO.  Full Article

BGC Partners Files For Potential Stock Shelf
Friday, 9 Mar 2018 04:47pm EST 

March 9 (Reuters) - BGC Partners Inc ::BGC PARTNERS INC FILES FOR POTENTIAL STOCK SHELF OF UP TO $300 MILLION OF ITS CLASS A COMMON STOCK – SEC FILING‍​.  Full Article

BGC Partners, Newmark To Repay Remaining Balance Of $575 Mln Unsecured Senior Term Loan
Wednesday, 7 Mar 2018 09:04am EST 

March 7 (Reuters) - BGC Partners Inc ::BGC PARTNERS AND NEWMARK GROUP TO REPAY REMAINING BALANCE OF $575 MILLION UNSECURED SENIOR TERM LOAN.SAYS ‍TRENDING TOWARDS HIGH END OF CONSOLIDATED OUTLOOK FOR REVENUE AND ADJUSTED EARNINGS FOR Q1 2018​.SAYS ‍NEWMARK REAFFIRMED ENTIRETY OF OUTLOOK FOR FY 2018​.SAYS ‍FUNDED PURCHASE USING PROCEEDS FROM CONTROLLED EQUITY OFFERING PROGRAM​.  Full Article

BGC Partners Inc Reports Qtrly GAAP Loss Per Share Of $0.41
Friday, 9 Feb 2018 06:00am EST 

Feb 9 (Reuters) - BGC Partners Inc ::BGC PARTNERS REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.BGC PARTNERS INC - QTRLY GAAP LOSS PER SHARE $0.41.BGC PARTNERS INC - QTRLY POST-TAX ADJUSTED EARNINGS PER SHARE $0.35‍​.BGC PARTNERS INC QTRLY REVENUES $894.2 MILLION VERSUS $755.8 MILLION.BGC PARTNERS INC SEES Q1 2018 CONSOLIDATED REVENUES OF BETWEEN $870 MILLION AND $920 MILLION.BGC PARTNERS INC - EXPECTS Q1 CONSOL PRE-TAX ADJUSTED EARNINGS BEFORE NONCONTROLLING INTEREST IN SUBSIDIARIES AND TAXES TO BE BETWEEN $140 MILLION AND $160 MILLION.BGC PARTNERS INC - DUE TO TCJA ,GAAP PROVISION FOR INCOME TAXES INCLUDED ONE-TIME CHARGE OF ABOUT $120.9 MILLION IN QUARTER.  Full Article

BGC Partners Updates Its Outlook For The Fourth Quarter Of 2017
Wednesday, 20 Dec 2017 08:05am EST 

Dec 20 (Reuters) - Bgc Partners Inc ::BGC PARTNERS UPDATES ITS OUTLOOK FOR THE FOURTH QUARTER OF 2017.BGC PARTNERS INC - REVENUE, PRE-TAX ADJUSTED EARNINGS FOR Q4 NOW EXPECTED TO BE AROUND HIGH-END OF RANGE OF PREVIOUS GUIDANCE.BGC PARTNERS INC - ‍GOING FORWARD, COMPANY WILL NO LONGER BE REFERRING TO ITS NON-GAAP FINANCIAL MEASURES AS DISTRIBUTABLE EARNINGS​.BGC PARTNERS INC - ‍BGC WILL INSTEAD BE REFERRING TO NON-GAAP FINANCIAL MEASURES AS ADJUSTED EARNINGS​.BGC PARTNERS INC - ‍BGC IS EXPECTED TO INCLUDE NEWMARK IN ITS CONSOLIDATED RESULTS UNTIL PLANNED SPIN-OFF OF NEWMARK​.BGC PARTNERS- BETWEEN NEWMARK IPO AND DISTRIBUTION TO BGC STOCKHOLDERS OF NEWMARK SHARES, CURRENTLY SEES TO MAINTAIN QTRLY DIVIDEND OF $0.18/SHARE.  Full Article

BGC Partners And Newmark Group Announce Pricing Of Newmark Group Initial Public Offering
Friday, 15 Dec 2017 06:00am EST 

Dec 15 (Reuters) - Newmark Group Inc ::BGC PARTNERS AND NEWMARK GROUP ANNOUNCE PRICING OF NEWMARK GROUP INITIAL PUBLIC OFFERING.NEWMARK GROUP INC - PRICES INITIAL PUBLIC OFFERING OF 20 MILLION SHARES OF NEWMARK'S CLASS A COMMON STOCK AT A PRICE TO PUBLIC OF $14.00 PER SHARE.NEWMARK GROUP INC - NEWMARK'S CLASS A SHARES ARE EXPECTED TO BEGIN TRADING ON DECEMBER 15, 2017 ON NASDAQ GLOBAL SELECT MARKET UNDER SYMBOL "NMRK".  Full Article

Newmark Group Now Sees IPO Of 20 Million Shares Priced Between $14-$15 Per Share
Thursday, 14 Dec 2017 09:24am EST 

Dec 14 (Reuters) - NEWMARK GROUP INC::NEWMARK GROUP INC SEES IPO OF 20 MILLION SHARES OF ITS CLASS A COMMON STOCK PRICED BETWEEN $14.00 AND $15.00 PER SHARE - SEC FILING.NEWMARK GROUP INC HAD PREVIOUSLY EXPECTED IPO OF 30 MILLION SHARES OF CLASS A COMMON STOCK PRICED BETWEEN $19-$22 PER SHARE.NEWMARK GROUP - AFTER COMPLETION OF OFFERING, BGC PARTNERS WILL CONTINUE TO HOLD ALL OF NEWMARK'S ISSUED AND OUTSTANDING SHARES OF CLASS B COMMON STOCK.NEWMARK GROUP - AFTER COMPLETION OF OFFERING, BGC PARTNERS WILL HOLD ABOUT 93.2 PERCENT OF THE TOTAL VOTING POWER OF NEWMARK'S COMMON STOCK.  Full Article

BGC Partners reports Q3 EPS of $0.28
Thursday, 26 Oct 2017 08:01am EDT 

Oct 26 (Reuters) - Bgc Partners Inc :Bgc Partners reports third quarter 2017 financial results.Bgc Partners Inc qtrly revenues $827.0 million versus $734.8 mln‍​.BGC Partners Inc qtrly GAAP net income per fully diluted share $0.28.BGC Partners Inc - declared an 18 cent dividend for the third quarter, which is up 12.5 percent year-on-year‍​.BGC Partners Inc - "expect to continue to have strong performance in the fourth quarter of 2017 into 2018".BGC Partners Inc sees Q4 revenues of between approximately $800 million and $850 million‍​.BGC Partners sees Q4 pre-tax distributable earnings before noncontrolling interest in subsidiaries and taxes to be in range of $140 million - $160 million.Bgc Partners -Q4 outlook includes additional $7.5 million of interest expense related to new debt incurred with respect to the Berkeley Point acquisition.  Full Article

Newmark Group Inc files for IPO of up to $100 mln
Monday, 23 Oct 2017 05:37pm EDT 

Oct 23 (Reuters) - Newmark Group Inc::Newmark Group Inc files for IPO of up to $100 million – SEC filing.Newmark Group Inc says it intends to apply to have its class a common stock listed on Nasdaq Global Market under the symbol "NMRK".Newmark Group Inc says Goldman Sachs & Co Llc, Bofa Merrill Lynch, Citigroup, Cantor Fitzgerald & Co were among underwriters to the IPO.Newmark Group Inc says proposed IPO price is an estimate solely for calculating sec registration fee.Newmark Group Inc says following IPO, BGC Partners Inc will control more than majority of total voting power of common stock.  Full Article

BRIEF-BGC Partners Reports Quarterly GAAP Net Income Per Share $0.19

* BGC PARTNERS INC QUARTERLY POST-TAX ADJUSTED EARNINGS PER SHARE $0.32