Latest Gleacher & Company (GLCH) Headlines
Gleacher & Company Announces Board Approval of Dissolution and Liquidation
Business Wire - 2 hrs 4 mins ago
Gleacher & Company, Inc. (Nasdaq:GLCH) today announced that its Board of Directors has determined that it is in the best interests of the Company's stockholders for the Company to dissolve, liquidate and distribute to stockholders its available assets. Separately, the Company reported a net loss of $2.9 million ($0.47 per share) for the fourth quarter of 2013.
10 Bills Ready for Debate, Says Lusaka
by John Nalianya - All Africa Global Media - Thu Feb 13, 5:39AM CST
Bungoma Governor Kenneth Lusaka with speaker John Makali and minority leader John Musakali after the official opening of the assembly yesterday.
Nasdaq stocks posting largest percentage decreases
AP - Mon Nov 11, 5:11PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Gleacher & Company Reports Third Quarter 2013 Financial Results
Business Wire - Fri Nov 08, 3:15PM CST
Gleacher & Company, Inc. (Nasdaq:GLCH) today reported a net loss of $17.1 million for the third quarter of 2013 and a loss per share of ($2.77).
Gleacher hires Blackstone to advise it on options
AP - Mon Aug 12, 2:29PM CDT
NEW YORK (AP) — Gleacher & Co. said Monday that it hired Blackstone Advisory Partners LP to help it work out possible options for the future.
Gleacher & Company Retains Blackstone to Assist with Strategic Alternatives
Business Wire - Mon Aug 12, 7:00AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that it has retained Blackstone Advisory Partners L.P. ("Blackstone") to provide financial advisory services in connection with potential transactions. Under the terms of the engagement letter, Blackstone will work with the Company to consider potential mergers, acquisitions or other business combinations.
Gleacher & Company Reports Second Quarter 2013 Financial Results
Business Wire - Thu Aug 08, 3:15PM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today reported net loss of $61.5 million for the second quarter of 2013 (including a restructuring charge of $43.6 million) and loss per share of ($10.02).
Cortland Announces Acquisition of Gleacher Products Corp. - A Leading Full-Service Loan Agency Platform - To Be Renamed Cortland Products Corp.
Business Wire - Wed Jul 24, 7:00AM CDT
Cortland Capital Market Services LLC today announced that it had acquired Gleacher Products Corp. ("GPC"), the full-service loan agency platform, from Gleacher & Company, Inc. (Nasdaq: GLCH). The acquisition includes all active agency engagements as well as the retention of key professionals Joanna Anderson and Chris Capezuti. GPC will be renamed Cortland Products Corp. and will combine with Cortland's Agency Services business to form one of the largest independent bank loan agents in the market.
Sagent Continues Hiring Momentum With Addition Of Joseph Donohue To Lead Its Media Practice
PR Newswire - Wed Jul 17, 7:00AM CDT
Sagent Advisors, LLC, a leading independent investment banking firm, announced today that Joseph Donohue has joined the firm as Managing Director in the Technology, Media and Telecommunications practice, effective immediately. Mr. Donohue, who joins from Gleacher & Company, will be primarily responsible for leading the firm's media and information services business. He will be based in Sagent's New York headquarters.
Southwest Securities' Taxable Fixed Income Division Welcomes George Smith as MBS, ABS, CMBS Trading Manager
PR Newswire - Tue Jun 25, 3:01PM CDT
Southwest Securities, Inc. announced today that George Smith has joined the company's taxable fixed income division as Senior Vice President in New York City where he will manage mortgage-backed securities (MBS), asset-backed securities (ABS), and commercial mortgage-backed securities (CMBS) trading.
Gleacher & Company Regains Compliance With NASDAQ Listing Rules
Business Wire - Mon Jun 17, 7:00AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) announced that it has been notified by The NASDAQ Stock Market LLC ("NASDAQ") that it has regained compliance with the minimum bid price requirement under the NASDAQ listing standards. NASDAQ also confirmed that the Company is in compliance with all other applicable requirements for listing on The NASDAQ Global Market.
Sagent Advisors Expands Its Aerospace, Defense And Technology Practice
PR Newswire - Tue Jun 11, 7:30AM CDT
Sagent Advisors, LLC, a leading independent investment banking firm, announced today that Jeremy Parker has joined the firm as Managing Director, effective immediately. Mr. Parker and Chris Oliver will jointly lead the firm's Aerospace, Defense and Technology ("ADT") practice. Mr. Parker will be based in Sagent's New York headquarters while Mr. Oliver will continue to be based in Sagent's Tysons Corner office.
Gleacher ends investment banking business
AP - Tue Jun 04, 10:20AM CDT
NEW YORK (AP) — Gleacher & Co. said Tuesday that it is ending its investment banking business and hired Christopher Kearns as CEO and chief restructuring officer as it evaluates its options.
Gleacher & Company Announces Appointment of Chief Restructuring Officer
Business Wire - Tue Jun 04, 7:30AM CDT
--Company Exits Investment Banking Business
Gleacher announces 1-for-20 reverse stock split
AP - Thu May 30, 1:26PM CDT
NEW YORK (AP) — Investment bank Gleacher & Co. has announced a 1-for-20 reverse stock split as it continues pondering a potential sale of the company. The news comes less than a week after Gleacher disclosed that it fired its CEO and chief operating officer.
Gleacher & Company Announces Reverse Stock Split
Business Wire - Thu May 30, 12:15PM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced a reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will become effective after the close of the market on May 30, 2013 and the Company's common stock will begin trading on The Nasdaq Global Market on a split-adjusted basis when the market opens on May 31, 2013. Following the reverse stock split, the common stock will continue to be reported on the Nasdaq Global Market under the symbol "GLCH," and the new CUSIP number for the common stock will be 377341201.
Gleacher & Company Announces Election of Five Directors
Business Wire - Thu May 23, 9:53AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that five individuals, Messrs. Mark R. Patterson, Christopher R. Pechock, Jaime Lifton, Keith B. Hall and Marshall Cohen, were nominated for election to the Board of Directors of the Company (the "Board") at the Company's 2013 annual meeting of stockholders (the "Annual Meeting") held this morning, and each was elected for a term of one year. These five directors constitute the entire Board. The Company expects to announce additional preliminary results of the Annual Meeting within four business days.
The Seaport Group Announces Team of Senior Hires in Credit Sales and Trading
Business Wire - Tue May 21, 7:01AM CDT
The Seaport Group announced today a team of senior hires in Credit Sales and Trading.
Gleacher & Company Announces Procedures for Admittance to Annual Meeting
Business Wire - Tue May 21, 6:00AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that, as previously disclosed, it will hold its 2013 annual meeting of stockholders (the "Annual Meeting") on Thursday, May 23, 2013 at 9:00 a.m. EDT at its offices at 1290 Avenue of the Americas, New York, New York 10104. Stockholders wishing to attend the Annual Meeting in person are welcome. In order to be admitted to the Annual Meeting, stockholders will be required to provide identification. The Company will keep a list of registered stockholders at the registration desk for the Annual Meeting. Stockholders who hold their shares in "street name" will also need to provide proof of ownership of the Company's common stock as of the record date, April 17, 2013, in the form of a brokerage statement.
Gleacher & Company Announces Board Approval of Dissolution and Liquidation
Business Wire - 2 hrs 4 mins ago
Gleacher & Company, Inc. (Nasdaq:GLCH) today announced that its Board of Directors has determined that it is in the best interests of the Company's stockholders for the Company to dissolve, liquidate and distribute to stockholders its available assets. Separately, the Company reported a net loss of $2.9 million ($0.47 per share) for the fourth quarter of 2013.
10 Bills Ready for Debate, Says Lusaka
by John Nalianya - All Africa Global Media - Thu Feb 13, 5:39AM CST
Bungoma Governor Kenneth Lusaka with speaker John Makali and minority leader John Musakali after the official opening of the assembly yesterday.
Nasdaq stocks posting largest percentage decreases
AP - Mon Nov 11, 5:11PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Gleacher & Company Reports Third Quarter 2013 Financial Results
Business Wire - Fri Nov 08, 3:15PM CST
Gleacher & Company, Inc. (Nasdaq:GLCH) today reported a net loss of $17.1 million for the third quarter of 2013 and a loss per share of ($2.77).
Gleacher hires Blackstone to advise it on options
AP - Mon Aug 12, 2:29PM CDT
NEW YORK (AP) — Gleacher & Co. said Monday that it hired Blackstone Advisory Partners LP to help it work out possible options for the future.
Gleacher & Company Retains Blackstone to Assist with Strategic Alternatives
Business Wire - Mon Aug 12, 7:00AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that it has retained Blackstone Advisory Partners L.P. ("Blackstone") to provide financial advisory services in connection with potential transactions. Under the terms of the engagement letter, Blackstone will work with the Company to consider potential mergers, acquisitions or other business combinations.
Gleacher & Company Reports Second Quarter 2013 Financial Results
Business Wire - Thu Aug 08, 3:15PM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today reported net loss of $61.5 million for the second quarter of 2013 (including a restructuring charge of $43.6 million) and loss per share of ($10.02).
Cortland Announces Acquisition of Gleacher Products Corp. - A Leading Full-Service Loan Agency Platform - To Be Renamed Cortland Products Corp.
Business Wire - Wed Jul 24, 7:00AM CDT
Cortland Capital Market Services LLC today announced that it had acquired Gleacher Products Corp. ("GPC"), the full-service loan agency platform, from Gleacher & Company, Inc. (Nasdaq: GLCH). The acquisition includes all active agency engagements as well as the retention of key professionals Joanna Anderson and Chris Capezuti. GPC will be renamed Cortland Products Corp. and will combine with Cortland's Agency Services business to form one of the largest independent bank loan agents in the market.
Sagent Continues Hiring Momentum With Addition Of Joseph Donohue To Lead Its Media Practice
PR Newswire - Wed Jul 17, 7:00AM CDT
Sagent Advisors, LLC, a leading independent investment banking firm, announced today that Joseph Donohue has joined the firm as Managing Director in the Technology, Media and Telecommunications practice, effective immediately. Mr. Donohue, who joins from Gleacher & Company, will be primarily responsible for leading the firm's media and information services business. He will be based in Sagent's New York headquarters.
Southwest Securities' Taxable Fixed Income Division Welcomes George Smith as MBS, ABS, CMBS Trading Manager
PR Newswire - Tue Jun 25, 3:01PM CDT
Southwest Securities, Inc. announced today that George Smith has joined the company's taxable fixed income division as Senior Vice President in New York City where he will manage mortgage-backed securities (MBS), asset-backed securities (ABS), and commercial mortgage-backed securities (CMBS) trading.
Gleacher & Company Regains Compliance With NASDAQ Listing Rules
Business Wire - Mon Jun 17, 7:00AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) announced that it has been notified by The NASDAQ Stock Market LLC ("NASDAQ") that it has regained compliance with the minimum bid price requirement under the NASDAQ listing standards. NASDAQ also confirmed that the Company is in compliance with all other applicable requirements for listing on The NASDAQ Global Market.
Sagent Advisors Expands Its Aerospace, Defense And Technology Practice
PR Newswire - Tue Jun 11, 7:30AM CDT
Sagent Advisors, LLC, a leading independent investment banking firm, announced today that Jeremy Parker has joined the firm as Managing Director, effective immediately. Mr. Parker and Chris Oliver will jointly lead the firm's Aerospace, Defense and Technology ("ADT") practice. Mr. Parker will be based in Sagent's New York headquarters while Mr. Oliver will continue to be based in Sagent's Tysons Corner office.
Gleacher ends investment banking business
AP - Tue Jun 04, 10:20AM CDT
NEW YORK (AP) — Gleacher & Co. said Tuesday that it is ending its investment banking business and hired Christopher Kearns as CEO and chief restructuring officer as it evaluates its options.
Gleacher & Company Announces Appointment of Chief Restructuring Officer
Business Wire - Tue Jun 04, 7:30AM CDT
--Company Exits Investment Banking Business
Gleacher announces 1-for-20 reverse stock split
AP - Thu May 30, 1:26PM CDT
NEW YORK (AP) — Investment bank Gleacher & Co. has announced a 1-for-20 reverse stock split as it continues pondering a potential sale of the company. The news comes less than a week after Gleacher disclosed that it fired its CEO and chief operating officer.
Gleacher & Company Announces Reverse Stock Split
Business Wire - Thu May 30, 12:15PM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced a reverse stock split of its shares of common stock at a ratio of 1-for-20. The reverse stock split will become effective after the close of the market on May 30, 2013 and the Company's common stock will begin trading on The Nasdaq Global Market on a split-adjusted basis when the market opens on May 31, 2013. Following the reverse stock split, the common stock will continue to be reported on the Nasdaq Global Market under the symbol "GLCH," and the new CUSIP number for the common stock will be 377341201.
Gleacher & Company Announces Election of Five Directors
Business Wire - Thu May 23, 9:53AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that five individuals, Messrs. Mark R. Patterson, Christopher R. Pechock, Jaime Lifton, Keith B. Hall and Marshall Cohen, were nominated for election to the Board of Directors of the Company (the "Board") at the Company's 2013 annual meeting of stockholders (the "Annual Meeting") held this morning, and each was elected for a term of one year. These five directors constitute the entire Board. The Company expects to announce additional preliminary results of the Annual Meeting within four business days.
The Seaport Group Announces Team of Senior Hires in Credit Sales and Trading
Business Wire - Tue May 21, 7:01AM CDT
The Seaport Group announced today a team of senior hires in Credit Sales and Trading.
Gleacher & Company Announces Procedures for Admittance to Annual Meeting
Business Wire - Tue May 21, 6:00AM CDT
Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that, as previously disclosed, it will hold its 2013 annual meeting of stockholders (the "Annual Meeting") on Thursday, May 23, 2013 at 9:00 a.m. EDT at its offices at 1290 Avenue of the Americas, New York, New York 10104. Stockholders wishing to attend the Annual Meeting in person are welcome. In order to be admitted to the Annual Meeting, stockholders will be required to provide identification. The Company will keep a list of registered stockholders at the registration desk for the Annual Meeting. Stockholders who hold their shares in "street name" will also need to provide proof of ownership of the Company's common stock as of the record date, April 17, 2013, in the form of a brokerage statement.
