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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 Inc Reports Q1 Adj EPS Of $0.18
Tuesday, 7 May 2019 08:14am EDT 

May 7 (Reuters) - BGC Partners Inc ::BGC PARTNERS REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.18.QTRLY GAAP NET INCOME PER FULLY DILUTED SHARE $0.18.QTRLY REVENUES $544.8 MILLION VERSUS $524.8 MILLION.ANTICIPATES SECOND QUARTER 2019 REVENUES BETWEEN $515 MILLION AND $555 MILLION.Q1 EARNINGS PER SHARE VIEW $0.18, REVENUE VIEW $535.3 MILLION -- REFINITIV IBES DATA.Q2 REVENUE VIEW $529.2 MILLION -- REFINITIV IBES DATA.  Full Article

Fenics Market Data Partners With Symphony To Distribute Real-Time IRS Datasets
Tuesday, 7 May 2019 06:50am EDT 

May 7 (Reuters) - BGC Partners Inc ::FENICS MARKET DATA PARTNERS WITH SYMPHONY TO DISTRIBUTE REAL-TIME IRS DATASETS.BGC PARTNERS INC - PARTNERED WITH SYMPHONY TO ALLOW SYMPHONY USERS TO ACCESS LIVE FENICS MD'S DATA ON SYMPHONY PLATFORM.BGC PARTNERS INC - FENICS MD WILL CONTINUE TO COLLABORATE WITH SYMPHONY TO ROLL OUT FURTHER DATASETS IN SECOND AND THIRD QUARTERS OF 2019.  Full Article

BGC Partners Says Total Compensation For CEO Of BGC & Chairman Of Newmark For 2018 Was $29.7 Mln
Monday, 29 Apr 2019 06:16pm EDT 

April 29 (Reuters) - BGC Partners Inc ::BGC PARTNERS - TOTAL COMPENSATION FOR HOWARD W. LUTNICK CHAIRMAN, CEO OF BGC & CHAIRMAN OF NEWMARK FOR 2018 WAS $29.7 MILLION.BGC PARTNERS INC - RATIO OF 2018 TOTAL COMPENSATION OF CEO TO MEDIAN EMPLOYEE OF ALL EMPLOYEES OF COMPANY WAS APPROXIMATELY 284 TO 1..BGC PARTNERS INC - RATIO OF 2018 TOTAL COMPENSATION OF CEO TO MEDIAN EMPLOYEE WAS APPROXIMATELY 170 TO 1 ON A BGC STAND-ALONE BASIS..  Full Article

BGC Partners Inc GFI Subsidiary Expands Asia Footprint With Acquisition Of Energy Broker Ginga Petroleum
Tuesday, 12 Mar 2019 05:35am EDT 

March 12 (Reuters) - BGC Partners Inc ::BGC PARTNERS, INC. GFI SUBSIDIARY EXPANDS ASIA FOOTPRINT WITH ACQUISITION OF ENERGY BROKER GINGA PETROLEUM.  Full Article

Bgc Partners Expects Its Post-Spin Results Excluding Newmark For FY 2018 To Be Around Midpoint Of Its Previously Stated Outlook
Thursday, 20 Dec 2018 08:00am EST 

Dec 20 (Reuters) - BGC Partners Inc ::BGC PARTNERS UPDATES ITS POST-SPIN OUTLOOK FOR FULL YEAR 2018.BGC PARTNERS INC - OUTLOOK EXCLUDES RESULTS OF ITS FORMER SUBSIDIARY NEWMARK GROUP.BGC PARTNERS INC - EXPECTS ITS POST-SPIN RESULTS EXCLUDING NEWMARK FOR FULL-YEAR 2018 TO BE AROUND MIDPOINT OF ITS PREVIOUSLY STATED OUTLOOK.BGC PARTNERS INC - CONSIDERING A REVERSE STOCK SPLIT OF BGC COMMON STOCK, UNITS, AND OTHER SHARE EQUIVALENTS IN Q1 OF 2019.BGC PARTNERS INC - PLANS TO NO LONGER REPORT "GRANTS OF EXCHANGEABILITY TO LIMITED PARTNERSHIP UNITS".BGC PARTNERS INC - EXPECTS TO PAY A DIVIDEND OF APPROXIMATELY 14 CENTS PER SHARE FOR Q4 OF 2018.BGC PARTNERS INC - BEGINNING WITH Q1 OF 2019, COMPANY EXPECTS TO SIMPLIFY ITS DEFINITIONS OF ADJUSTED EARNINGS AND ADJUSTED EBITDA.BGC PARTNERS INC - ANTICIPATED CHANGES WILL NOT IMPACT BGC'S OUTLOOK FOR Q4 OR RESULTS FOR Q4 OR FULL YEAR 2018.  Full Article

Bgc Partners acquires Poten & Partners, a leading ship brokerage and consulting company
Friday, 16 Nov 2018 06:30am EST 

Nov 16 (Reuters) - BGC Partners Inc ::BGC PARTNERS ACQUIRES POTEN & PARTNERS, A LEADING SHIP BROKERAGE AND CONSULTING COMPANY.BGC PARTNERS INC - FURTHER DETAILS OF TRANSACTION WERE NOT DISCLOSED..BGC PARTNERS INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE.BGC PARTNERS INC - UNDER TERMS, BGC ACQUIRED 100% OF POTEN, INCLUDING OPERATIONS IN NEW YORK, LONDON, SINGAPORE, HOUSTON, ATHENS, GUANGZHOU AND PERTH.BGC PARTNERS INC - POTEN WILL BE RECORDED AS PART OF BGC'S ENERGY AND COMMODITIES BUSINESS.  Full Article

BGC Announces Changes And Additions To Its Finance Team
Thursday, 25 Oct 2018 08:45am EDT 

Oct 25 (Reuters) - BGC Partners Inc ::BGC ANNOUNCES CHANGES AND ADDITIONS TO ITS FINANCE TEAM.BGC PARTNERS INC - STEVEN R. MCMURRAY HAS INFORMED COMPANY'S BOARD OF DIRECTORS OF HIS INTENTION TO RESIGN AS CHIEF FINANCIAL OFFICER.BGC PARTNERS INC - APPOINTED SEAN A. WINDEATT, WHO IS CURRENTLY BGC'S CHIEF OPERATING OFFICER AND EXECUTIVE VICE PRESIDENT, AS INTERIM CFO.  Full Article

Parent Co Of Newmark Delivered A Notice Of Redemption To Holders Of Its Outstanding 8.125% Notes
Tuesday, 7 Aug 2018 09:37am EDT 

Aug 7 (Reuters) - Newmark Group Inc ::NEWMARK GROUP INC - ON AUGUST 3, 2018, PARENT CO OF NEWMARK DELIVERED A NOTICE OF REDEMPTION TO HOLDERS OF ITS OUTSTANDING 8.125% NOTES - SEC FILING.NEWMARK GROUP INC - REDEMPTION WILL OCCUR ON SEPTEMBER 5, 2018.NEWMARK GROUP - ON SEPT 4, 2018, NEWMARK PARTNERS WILL BORROW $112.5 MILLION FROM BGC PARTNERS.NEWMARK GROUP INC - NEWMARK PARTNERS TO USE LOAN PROCEEDS TO REPAY $112.5 MILLION BGC NOTE ON OR IMMEDIATELY PRIOR TO SEPT 5 2018.  Full Article

BGC Completes Offering Of $450 Mln Of 5.375% Senior Notes
Tuesday, 24 Jul 2018 04:05pm EDT 

July 24 (Reuters) - BGC Partners Inc ::BGC COMPLETES OFFERING OF $450 MILLION OF 5.375% SENIOR NOTES.  Full Article

BGC Announces Pricing Of $450 Million Of 5.375% Senior Notes
Thursday, 19 Jul 2018 05:21pm EDT 

July 19 (Reuters) - BGC Partners Inc ::BGC ANNOUNCES PRICING OF $450 MILLION OF 5.375% SENIOR NOTES.BGC PARTNERS INC - 5.375% NOTES WILL MATURE ON JULY 24, 2023.  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.