Bgc Partners Inc (BGCA) 27.06 $BGCA
BGC Increases All-Cash Tender Offer to Acquire GFI Group to $5.45 Per Share
PR Newswire - Fri Dec 19, 1:05PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has increased its fully financed, all-cash tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" to $5.45 per share.
GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Updates Its Outlook for the Fourth Quarter of 2014
PR Newswire - Thu Dec 18, 3:05PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has updated its outlook for the quarter ending December 31, 2014.
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners announces agreement to acquire the assets and subsidiaries of RP Martin, a market-leading interdealer brokerage firm known for its strength in European rates and foreign exchange products
CNW Group - Mon Dec 15, 1:00AM CST
- Acquisition of the assets and subsidiaries of RP Martin will expand BGC's footprint into the Netherlands and Sweden and strengthen BGC's European business -
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Extends Tender Offer To Acquire GFI Group
PR Newswire - Tue Dec 09, 1:16PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has extended the expiration date of its tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" it does not currently own for $5.25 per share in cash.
GFIG: 5.50 (+0.04), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Responds To CME And GFI Announcement Regarding GFI Transaction
PR Newswire - Wed Dec 03, 9:30AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today responded to the announcement by CME Group Inc. (NASDAQ: CME) ("CME" and GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" regarding their proposed transaction.
GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Agrees to Acquire Apartment Realty Advisors (ARA) and its members, the nation's largest privately held, full-service investment brokerage network that focuses exclusively on the multi-housing industry
PR Newswire - Mon Dec 01, 5:00AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company" , a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into agreements to acquire Apartment Realty Advisors ("ARA" and its members representing substantially all of ARA's revenues. ARA is the nation's largest privately held, full-service investment brokerage network, focusing exclusively on the multi-housing industry. The acquisitions are expected to significantly drive NGKF's growth within the multi-housing capital markets space. BGC expects the transactions will be immediately accretive upon closing. The acquired companies will be purchased for a total cash consideration of approximately $110 million when the closings are complete. Additional cash and equity based earn-outs may be paid if certain performance targets are met in future periods. After the closings, they are expected to generate annual revenues in excess of $100 million and pre-tax distributable earnings in excess of $20 million. The transactions, which are each subject to certain closing conditions, are expected to close in stages with a majority[1] expected to close during the fourth quarter of 2014.
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Extends Tender Offer To Acquire GFI Group
PR Newswire - Thu Nov 20, 7:55AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has extended the expiration date of its tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" it does not currently own for $5.25 per share in cash.
GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Announces It Has Resolved Matters With The FCA
PR Newswire - Wed Nov 19, 11:09AM CST
BGC Partners, L.P., a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today announced that following detailed discussions with the FCA, BGC has resolved matters with the FCA regarding exceeding a 10% stake in GFI Group Inc. (NYSE: GFIG) ("GFI" without first informing and seeking the approval of the FCA pursuant to the UK's controller requirements. This is a breach of UK regulatory law.
GFIG: 5.50 (+0.04), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners to Present at the KBW Securities Brokerage and Market Structure Conference
PR Newswire - Mon Nov 17, 3:50PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today announced that Howard W. Lutnick, Chairman and Chief Executive Officer, will be presenting to investors at the KBW Securities Brokerage and Market Structure Conference in New York. Mr. Lutnick is scheduled to present on Wednesday, November 19th, 2014 at 3:15 P.M. ET. A webcast of this presentation will be made accessible via the following sites:
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Issues Letter To GFI Shareholders
PR Newswire - Wed Nov 12, 3:30PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it is amending the terms of its previously announced $5.25 per share all-cash tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" it does not currently own. BGC, through its affiliate BGC Partners, L.P., currently owns approximately 13.4% of GFI's outstanding shares. BGC also issued the following letter to GFI shareholders:
GFIG: 5.50 (+0.04), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC's All-Cash Tender Clearly Represents Superior Value For GFI Shareholders
PR Newswire - Thu Nov 06, 7:15AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC" , a leading global brokerage company primarily servicing the financial and real estate markets, today responded to the recommendation by the Board of Directors of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" to reject BGC's $5.25 per share all-cash tender offer in favor of a clearly inferior management-sponsored $4.55 all-stock deal. BGC, which currently owns approximately 13.5% of GFI's outstanding shares, reaffirmed its commitment to completing its transaction on the superior terms proposed.
GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
James Cawley Joins BGC's SEF as Chief Executive Officer
PR Newswire - Thu Oct 30, 3:05PM CDT
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company" , a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of James Cawley as Chief Executive Officer ("CEO" of its Swap Execution Facility ("SEF" subsidiary, BGC Derivative Markets, L.P. Mr. Cawley will be based in New York and report to Philip Norton, Global Head of eCommerce at BGC. In addition, BGC Partners today announced that Angelo Toglia, Interim CEO of BGC Derivative Markets, L.P., assumes the role of Chief Operating Officer. These appointments complement BGC's commitment to offer its diverse customer-base liquid and innovative trade execution capability combined with a broad range of pre- and post-trade services in the post-Dodd-Frank era.
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Reports Third Quarter 2014 Financial Results
PR Newswire - Thu Oct 30, 7:00AM CDT
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company" , a leading global brokerage company servicing the financial and real estate markets, today reported its financial results for the quarter ended September 30, 2014.
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Announces the Appointment of Phil Cramp as Head of Credit, Repo and EGBs in London
PR Newswire - Wed Oct 29, 2:00AM CDT
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company" , a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of Phil Cramp as Head of Credit, Repo and EGBs in London. Mr. Cramp succeeds Rob Kitchin who has been employed with BGC for twenty years and is leaving to pursue interests outside the industry. Mr. Cramp will formally assume Mr. Kitchin's role on December 1, 2014.
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Increases All-Cash Tender Offer to Acquire GFI Group to $5.45 Per Share
PR Newswire - Fri Dec 19, 1:05PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has increased its fully financed, all-cash tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" to $5.45 per share. GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Updates Its Outlook for the Fourth Quarter of 2014
PR Newswire - Thu Dec 18, 3:05PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has updated its outlook for the quarter ending December 31, 2014. BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners announces agreement to acquire the assets and subsidiaries of RP Martin, a market-leading interdealer brokerage firm known for its strength in European rates and foreign exchange products
CNW Group - Mon Dec 15, 1:00AM CST
- Acquisition of the assets and subsidiaries of RP Martin will expand BGC's footprint into the Netherlands and Sweden and strengthen BGC's European business -
BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Extends Tender Offer To Acquire GFI Group
PR Newswire - Tue Dec 09, 1:16PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has extended the expiration date of its tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" it does not currently own for $5.25 per share in cash. GFIG: 5.50 (+0.04), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Responds To CME And GFI Announcement Regarding GFI Transaction
PR Newswire - Wed Dec 03, 9:30AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today responded to the announcement by CME Group Inc. (NASDAQ: CME) ("CME" and GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" regarding their proposed transaction. GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Agrees to Acquire Apartment Realty Advisors (ARA) and its members, the nation's largest privately held, full-service investment brokerage network that focuses exclusively on the multi-housing industry
PR Newswire - Mon Dec 01, 5:00AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"
, a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into agreements to acquire Apartment Realty Advisors ("ARA" and its members representing substantially all of ARA's revenues. ARA is the nation's largest privately held, full-service investment brokerage network, focusing exclusively on the multi-housing industry. The acquisitions are expected to significantly drive NGKF's growth within the multi-housing capital markets space. BGC expects the transactions will be immediately accretive upon closing. The acquired companies will be purchased for a total cash consideration of approximately $110 million when the closings are complete. Additional cash and equity based earn-outs may be paid if certain performance targets are met in future periods. After the closings, they are expected to generate annual revenues in excess of $100 million and pre-tax distributable earnings in excess of $20 million. The transactions, which are each subject to certain closing conditions, are expected to close in stages with a majority[1] expected to close during the fourth quarter of 2014. BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Extends Tender Offer To Acquire GFI Group
PR Newswire - Thu Nov 20, 7:55AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC"
a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has extended the expiration date of its tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" it does not currently own for $5.25 per share in cash. GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Announces It Has Resolved Matters With The FCA
PR Newswire - Wed Nov 19, 11:09AM CST
BGC Partners, L.P., a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that following detailed discussions with the FCA, BGC has resolved matters with the FCA regarding exceeding a 10% stake in GFI Group Inc. (NYSE: GFIG) ("GFI" without first informing and seeking the approval of the FCA pursuant to the UK's controller requirements. This is a breach of UK regulatory law. GFIG: 5.50 (+0.04), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners to Present at the KBW Securities Brokerage and Market Structure Conference
PR Newswire - Mon Nov 17, 3:50PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that Howard W. Lutnick, Chairman and Chief Executive Officer, will be presenting to investors at the KBW Securities Brokerage and Market Structure Conference in New York. Mr. Lutnick is scheduled to present on Wednesday, November 19th, 2014 at 3:15 P.M. ET. A webcast of this presentation will be made accessible via the following sites: BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Issues Letter To GFI Shareholders
PR Newswire - Wed Nov 12, 3:30PM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it is amending the terms of its previously announced $5.25 per share all-cash tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" it does not currently own. BGC, through its affiliate BGC Partners, L.P., currently owns approximately 13.4% of GFI's outstanding shares. BGC also issued the following letter to GFI shareholders: GFIG: 5.50 (+0.04), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC's All-Cash Tender Clearly Represents Superior Value For GFI Shareholders
PR Newswire - Thu Nov 06, 7:15AM CST
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," or "BGC"
, a leading global brokerage company primarily servicing the financial and real estate markets, today responded to the recommendation by the Board of Directors of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI" to reject BGC's $5.25 per share all-cash tender offer in favor of a clearly inferior management-sponsored $4.55 all-stock deal. BGC, which currently owns approximately 13.5% of GFI's outstanding shares, reaffirmed its commitment to completing its transaction on the superior terms proposed. GFIG: 5.50 (+0.04), CME: 90.58 (-2.14), BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
James Cawley Joins BGC's SEF as Chief Executive Officer
PR Newswire - Thu Oct 30, 3:05PM CDT
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"
, a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of James Cawley as Chief Executive Officer ("CEO" of its Swap Execution Facility ("SEF" subsidiary, BGC Derivative Markets, L.P. Mr. Cawley will be based in New York and report to Philip Norton, Global Head of eCommerce at BGC. In addition, BGC Partners today announced that Angelo Toglia, Interim CEO of BGC Derivative Markets, L.P., assumes the role of Chief Operating Officer. These appointments complement BGC's commitment to offer its diverse customer-base liquid and innovative trade execution capability combined with a broad range of pre- and post-trade services in the post-Dodd-Frank era. BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Partners Reports Third Quarter 2014 Financial Results
PR Newswire - Thu Oct 30, 7:00AM CDT
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"
, a leading global brokerage company servicing the financial and real estate markets, today reported its financial results for the quarter ended September 30, 2014. BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
BGC Announces the Appointment of Phil Cramp as Head of Credit, Repo and EGBs in London
PR Newswire - Wed Oct 29, 2:00AM CDT
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"
, a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of Phil Cramp as Head of Credit, Repo and EGBs in London. Mr. Cramp succeeds Rob Kitchin who has been employed with BGC for twenty years and is leaving to pursue interests outside the industry. Mr. Cramp will formally assume Mr. Kitchin's role on December 1, 2014. BGCA: 27.06 (+0.14), BGCP: 9.06 (-0.10)
