Cowen Group (COWN) 3.81 $COWN
Interactive Brokers' Q3 Earnings Miss on Trading Losses - Analyst Blog
Zacks Equity Research - Zacks Investment Research - 2 hrs 25 mins ago
Interactive Brokers (IBKR) third-quarter 2014 adjusted earnings per share of 5 cents largely missed the Zacks Consensus Estimate of 23 cents. Also, the reported figure came in a massive 84% lower than the year-ago quarter earnings.
GFIG: 5.24 (+0.11), COWN: 3.81 (-0.06), IBKR: 26.16 (+0.89), AMTD: 30.83 (+0.03)
Cowen Group announces closure of public offering of USD63.25m senior notes due 2021
M2 - Mon Oct 13, 8:55AM CDT
A diversified financial services firm, Cowen Group Inc (NASDAQ:COWN) stated on Saturday the closing of the public offering of USD63.25m of 8.25% senior notes due 2021, on 10 October 2014.
COWN: 3.81 (-0.06)
Cowen Group, Inc. Announces Closing of Public Offering of 8.25% Senior Notes Due 2021
Business Wire - Fri Oct 10, 3:05PM CDT
Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company"
announced today the closing of its previously announced public offering of $63.25 million of 8.25% senior notes due 2021 (the "Notes" . The offering included $8.25 million aggregate principal amount of Notes pursuant to the exercise in full by the underwriters of their over-allotment option. The net proceeds of the offering, after deducting the underwriting discount and estimated offering expenses payable by the Company, were approximately $60.41 million and are expected to be used to capitalize a new commercial finance company being formed by Cowen that would structure, underwrite and syndicate a broad range of loans to middle market commercial borrowers and for general corporate purposes. The closing of the Notes offering occurred on October 10, 2014.
COWN: 3.81 (-0.06)
Cowen Group, Inc. Announces Pricing of $55 Million Senior Notes Offering
Business Wire - Fri Oct 03, 4:13PM CDT
Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company" announced today that it has priced its public offering of $55 million of 8.25% senior notes due 2021 (the "Notes" . In connection with the offering, the Company has granted the underwriters an option for 30 days to purchase up to an additional $8.25 million in aggregate principal amount of the Notes. The Company intends to use a portion of the net proceeds of the offering to capitalize a new commercial finance company being formed by Cowen that would structure, underwrite and syndicate a broad range of loans to middle market commercial borrowers. The remainder of the net proceeds of the offering would be used for general corporate purposes. The closing of the Notes offering is expected to occur on October 10, 2014, subject to certain customary conditions.
COWN: 3.81 (-0.06)
Raymond James Banks on PCG Segment: Will this Act Favorably? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 03, 10:40AM CDT
On Sep 26, 2014, we issued an updated research report on Raymond James (RJF).
COWN: 3.81 (-0.06), RJF: 52.35 (-0.60), AI: 26.74 (+0.04), MC: 30.23 (-0.08)
Cowen Group, Inc. Announces Public Offering of Senior Notes
Business Wire - Wed Oct 01, 7:32AM CDT
Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company" today announced that it is commencing an underwritten public offering of senior notes due 2021. The Company intends to use a portion of the net proceeds of the offering to capitalize a new commercial finance company being formed by Cowen that would structure, underwrite and syndicate a broad range of loans to middle market commercial borrowers. The remainder of the net proceeds of the offering would be used for general corporate purposes.
COWN: 3.81 (-0.06)
Neuberger Berman Enters into Agreement with Ramius to Purchase Orchard Square Partners
Business Wire - Wed Oct 01, 6:00AM CDT
Neuberger Berman, one of the world's leading employee-controlled investment managers, and Ramius LLC ("Ramius" , the global investment management business of Cowen Group, Inc. ("Cowen" (Nasdaq:COWN), today announced that they have entered into an agreement whereby Neuberger Berman will purchase Ramius' interest in Orchard Square Partners, which manages a global long/short credit investment strategy with approximately $475 million in client assets.
COWN: 3.81 (-0.06)
Leading Venue Neutral Provider Cowen / ATM Helps Clients Navigate Today's Complex Trading Environment
Business Wire - Tue Sep 30, 7:01AM CDT
--Latest Product Added to the Cowen / ATM Liquidity Suite Following Successful Launch of BEST Algorithm
COWN: 3.81 (-0.06)
Cowen Group Establishes Cowen Finance
Business Wire - Mon Sep 29, 3:05PM CDT
Building upon Cowen and Company's success in developing a debt capital markets effort focused on emerging growth companies, Cowen Group, Inc. ("Cowen" (NASDAQ: COWN), parent company of Cowen and Company, today announced that it has formed Cowen Finance, a commercial finance company. Cowen currently expects to make an initial equity investment of up to $125 million in Cowen Finance, with this investment funded by Cowen over time. Cowen Finance will work together with Cowen and Company's investment banking and debt capital markets businesses to originate, syndicate and utilize Cowen's capital to provide a broad range of credit solutions to the firm's corporate clients.
COWN: 3.81 (-0.06)
Cowen (COWN) Is in Oversold Territory: What's Next? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Sep 26, 9:16AM CDT
Cowen (COWN) Is in Oversold Territory: What’s Next?
COWN: 3.81 (-0.06)
Ramius Launches Fundamental Global Macro Strategy with Quadratic Capital
Business Wire - Wed Sep 24, 7:45AM CDT
Ramius LLC ("Ramius" , the global investment management business of Cowen Group, Inc. ("Cowen" (Nasdaq:COWN), today announced a partnership to launch Quadratic Capital's options-based, fundamental global macro strategy. Quadratic Capital employs liquid options and swaptions across asset classes and seeks to deliver an absolute return, fundamental global macro strategy with low volatility and defined risk. Quadratic Capital is led by Managing Partner and Chief Investment Officer Nancy Davis. Ms. Davis spent ten years at Goldman Sachs, including seven as a trader for the proprietary group. She was also a portfolio manager at Highbridge Capital Management, where she managed $500 million of capital, and was the Director of Derivatives at AllianceBernstein. Her partner, David Seif, is the former Economist at Paulson & Co. and holds a Ph.D. in economics from Harvard University.
COWN: 3.81 (-0.06)
Cowen names Jeffrey M Solomon as president of group
M2 - Wed Sep 24, 7:08AM CDT
Cowen Group Inc (NASDAQ:COWN), a diversified financial services firm, announced on Wednesday that it has appointed Jeffrey M Solomon as president of Cowen Group.
COWN: 3.81 (-0.06)
Cowen Group Announces Executive Appointment
Business Wire - Tue Sep 23, 3:30PM CDT
--Remains Chief Executive Officer of Cowen and Company
COWN: 3.81 (-0.06)
Why Hercules Offshore (HERO) Stock Is Tanking Today
at The Street - Thu Sep 18, 10:28AM CDT
Hercules Offshore (HERO) shares are nearly down double digits after having its price target lowered at Cowen (COWN).
COWN: 3.81 (-0.06), HERO: 1.80 (unch), GS: 178.68 (-1.50)
Why AK Steel (AKS) Stock Is Gaining Today
at The Street - Tue Sep 16, 12:15PM CDT
AK Steel (AKS) shares are rising after analysts at Cowen (COWN) raised its price target to $11 from $9.
COWN: 3.81 (-0.06), AKS: 6.76 (-0.13)
Why Boston Beer (SAM) Stock Is Gaining Today
at The Street - Tue Sep 16, 9:40AM CDT
Boston Beer (SAM) shares are up after analysts at Cowan (COWN) initiated coverage with an 'outperform' rating on Tuesday.
COWN: 3.81 (-0.06), SAM: 222.30 (-1.98)
How Will PepsiCo (PEP) Stock React To This Coverage Initiation?
at The Street - Tue Sep 16, 9:34AM CDT
PepsiCo (PEP) stock is up in early-market trade after Cowen (COWN) rated the beverage company a new 'outperform' this morning.
KO: 40.69 (+0.01), COWN: 3.81 (-0.06), PEP: 94.66 (+0.93)
How Will Constellation Brands (STZ) Stock Respond Today To This Analyst Initiation?
at The Street - Tue Sep 16, 7:16AM CDT
Shares of Constellation Brands (STZ) are slightly higher in pre-market trade after the company was initiated with a 'market perform' rating at Cowen Group (COWN)..
COWN: 3.81 (-0.06), STZ: 87.07 (+0.41)
Why Sprint (S) Stock Is Surging Today
at The Street - Fri Sep 12, 8:44AM CDT
Sprint (S) stock is soaring in early market trade after the company was upgraded to 'outperform' from 'market perform' with a price target of $8 at Cowen Group (COWN).
COWN: 3.81 (-0.06), S: 6.10 (-0.14)
Will This Ratings Upgrade Help Newmont Mining (NEM) Stock Today?
at The Street - Tue Sep 09, 7:33AM CDT
Newmont Mining (NEM) was upgraded to 'outperform' from 'market perform' at Cowen Group (COWN).
COWN: 3.81 (-0.06), NEM: 22.84 (-0.06)
Interactive Brokers' Q3 Earnings Miss on Trading Losses - Analyst Blog
Zacks Equity Research - Zacks Investment Research - 2 hrs 25 mins ago
Interactive Brokers (IBKR) third-quarter 2014 adjusted earnings per share of 5 cents largely missed the Zacks Consensus Estimate of 23 cents. Also, the reported figure came in a massive 84% lower than the year-ago quarter earnings.
GFIG: 5.24 (+0.11), COWN: 3.81 (-0.06), IBKR: 26.16 (+0.89), AMTD: 30.83 (+0.03)
Cowen Group announces closure of public offering of USD63.25m senior notes due 2021
M2 - Mon Oct 13, 8:55AM CDT
A diversified financial services firm, Cowen Group Inc (NASDAQ:COWN) stated on Saturday the closing of the public offering of USD63.25m of 8.25% senior notes due 2021, on 10 October 2014.
COWN: 3.81 (-0.06)
Cowen Group, Inc. Announces Closing of Public Offering of 8.25% Senior Notes Due 2021
Business Wire - Fri Oct 10, 3:05PM CDT
Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company"
announced today the closing of its previously announced public offering of $63.25 million of 8.25% senior notes due 2021 (the "Notes" . The offering included $8.25 million aggregate principal amount of Notes pursuant to the exercise in full by the underwriters of their over-allotment option. The net proceeds of the offering, after deducting the underwriting discount and estimated offering expenses payable by the Company, were approximately $60.41 million and are expected to be used to capitalize a new commercial finance company being formed by Cowen that would structure, underwrite and syndicate a broad range of loans to middle market commercial borrowers and for general corporate purposes. The closing of the Notes offering occurred on October 10, 2014. COWN: 3.81 (-0.06)
Cowen Group, Inc. Announces Pricing of $55 Million Senior Notes Offering
Business Wire - Fri Oct 03, 4:13PM CDT
Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company"
announced today that it has priced its public offering of $55 million of 8.25% senior notes due 2021 (the "Notes" . In connection with the offering, the Company has granted the underwriters an option for 30 days to purchase up to an additional $8.25 million in aggregate principal amount of the Notes. The Company intends to use a portion of the net proceeds of the offering to capitalize a new commercial finance company being formed by Cowen that would structure, underwrite and syndicate a broad range of loans to middle market commercial borrowers. The remainder of the net proceeds of the offering would be used for general corporate purposes. The closing of the Notes offering is expected to occur on October 10, 2014, subject to certain customary conditions. COWN: 3.81 (-0.06)
Raymond James Banks on PCG Segment: Will this Act Favorably? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 03, 10:40AM CDT
On Sep 26, 2014, we issued an updated research report on Raymond James (RJF).
COWN: 3.81 (-0.06), RJF: 52.35 (-0.60), AI: 26.74 (+0.04), MC: 30.23 (-0.08)
Cowen Group, Inc. Announces Public Offering of Senior Notes
Business Wire - Wed Oct 01, 7:32AM CDT
Cowen Group, Inc. (NASDAQ:COWN) ("Cowen" or the "Company"
today announced that it is commencing an underwritten public offering of senior notes due 2021. The Company intends to use a portion of the net proceeds of the offering to capitalize a new commercial finance company being formed by Cowen that would structure, underwrite and syndicate a broad range of loans to middle market commercial borrowers. The remainder of the net proceeds of the offering would be used for general corporate purposes. COWN: 3.81 (-0.06)
Neuberger Berman Enters into Agreement with Ramius to Purchase Orchard Square Partners
Business Wire - Wed Oct 01, 6:00AM CDT
Neuberger Berman, one of the world's leading employee-controlled investment managers, and Ramius LLC ("Ramius"
, the global investment management business of Cowen Group, Inc. ("Cowen" (Nasdaq:COWN), today announced that they have entered into an agreement whereby Neuberger Berman will purchase Ramius' interest in Orchard Square Partners, which manages a global long/short credit investment strategy with approximately $475 million in client assets. COWN: 3.81 (-0.06)
Leading Venue Neutral Provider Cowen / ATM Helps Clients Navigate Today's Complex Trading Environment
Business Wire - Tue Sep 30, 7:01AM CDT
--Latest Product Added to the Cowen / ATM Liquidity Suite Following Successful Launch of BEST Algorithm
COWN: 3.81 (-0.06)
Cowen Group Establishes Cowen Finance
Business Wire - Mon Sep 29, 3:05PM CDT
Building upon Cowen and Company's success in developing a debt capital markets effort focused on emerging growth companies, Cowen Group, Inc. ("Cowen"
(NASDAQ: COWN), parent company of Cowen and Company, today announced that it has formed Cowen Finance, a commercial finance company. Cowen currently expects to make an initial equity investment of up to $125 million in Cowen Finance, with this investment funded by Cowen over time. Cowen Finance will work together with Cowen and Company's investment banking and debt capital markets businesses to originate, syndicate and utilize Cowen's capital to provide a broad range of credit solutions to the firm's corporate clients. COWN: 3.81 (-0.06)
Cowen (COWN) Is in Oversold Territory: What's Next? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Sep 26, 9:16AM CDT
Cowen (COWN) Is in Oversold Territory: What’s Next?
COWN: 3.81 (-0.06)
Ramius Launches Fundamental Global Macro Strategy with Quadratic Capital
Business Wire - Wed Sep 24, 7:45AM CDT
Ramius LLC ("Ramius"
, the global investment management business of Cowen Group, Inc. ("Cowen" (Nasdaq:COWN), today announced a partnership to launch Quadratic Capital's options-based, fundamental global macro strategy. Quadratic Capital employs liquid options and swaptions across asset classes and seeks to deliver an absolute return, fundamental global macro strategy with low volatility and defined risk. Quadratic Capital is led by Managing Partner and Chief Investment Officer Nancy Davis. Ms. Davis spent ten years at Goldman Sachs, including seven as a trader for the proprietary group. She was also a portfolio manager at Highbridge Capital Management, where she managed $500 million of capital, and was the Director of Derivatives at AllianceBernstein. Her partner, David Seif, is the former Economist at Paulson & Co. and holds a Ph.D. in economics from Harvard University. COWN: 3.81 (-0.06)
Cowen names Jeffrey M Solomon as president of group
M2 - Wed Sep 24, 7:08AM CDT
Cowen Group Inc (NASDAQ:COWN), a diversified financial services firm, announced on Wednesday that it has appointed Jeffrey M Solomon as president of Cowen Group.
COWN: 3.81 (-0.06)
Cowen Group Announces Executive Appointment
Business Wire - Tue Sep 23, 3:30PM CDT
--Remains Chief Executive Officer of Cowen and Company
COWN: 3.81 (-0.06)
Why Hercules Offshore (HERO) Stock Is Tanking Today
at The Street - Thu Sep 18, 10:28AM CDT
Hercules Offshore (HERO) shares are nearly down double digits after having its price target lowered at Cowen (COWN).
COWN: 3.81 (-0.06), HERO: 1.80 (unch), GS: 178.68 (-1.50)
Why AK Steel (AKS) Stock Is Gaining Today
at The Street - Tue Sep 16, 12:15PM CDT
AK Steel (AKS) shares are rising after analysts at Cowen (COWN) raised its price target to $11 from $9.
COWN: 3.81 (-0.06), AKS: 6.76 (-0.13)
Why Boston Beer (SAM) Stock Is Gaining Today
at The Street - Tue Sep 16, 9:40AM CDT
Boston Beer (SAM) shares are up after analysts at Cowan (COWN) initiated coverage with an 'outperform' rating on Tuesday.
COWN: 3.81 (-0.06), SAM: 222.30 (-1.98)
How Will PepsiCo (PEP) Stock React To This Coverage Initiation?
at The Street - Tue Sep 16, 9:34AM CDT
PepsiCo (PEP) stock is up in early-market trade after Cowen (COWN) rated the beverage company a new 'outperform' this morning.
KO: 40.69 (+0.01), COWN: 3.81 (-0.06), PEP: 94.66 (+0.93)
How Will Constellation Brands (STZ) Stock Respond Today To This Analyst Initiation?
at The Street - Tue Sep 16, 7:16AM CDT
Shares of Constellation Brands (STZ) are slightly higher in pre-market trade after the company was initiated with a 'market perform' rating at Cowen Group (COWN)..
COWN: 3.81 (-0.06), STZ: 87.07 (+0.41)
Why Sprint (S) Stock Is Surging Today
at The Street - Fri Sep 12, 8:44AM CDT
Sprint (S) stock is soaring in early market trade after the company was upgraded to 'outperform' from 'market perform' with a price target of $8 at Cowen Group (COWN).
COWN: 3.81 (-0.06), S: 6.10 (-0.14)
Will This Ratings Upgrade Help Newmont Mining (NEM) Stock Today?
at The Street - Tue Sep 09, 7:33AM CDT
Newmont Mining (NEM) was upgraded to 'outperform' from 'market perform' at Cowen Group (COWN).
COWN: 3.81 (-0.06), NEM: 22.84 (-0.06)
