NEW YORK, July 31, 2023 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the addition of a Weather Derivatives Team with the hire of Nicholas and Eric Ernst. Nicholas joins the firm as Managing Director, BGC Weather Derivatives while Eric joins as Weather Broker. John Abularrage, Co-Global Head of Financial Services Brokerage, commented on today's announcement, "We are excited to welcome Nicholas and Eric to BGC. They bring with them almost three decades of invaluable experience in the weather de

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, July 10, 2023 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its second quarter 2023 financial results conference call. This call will take place on Wednesday, August 2, 2023, at 10:00 a.m. ET. BGC Group, Inc., formerly BGC Partners, Inc. prior to the closing of the corporate conversion on July 1, 2023, will report the second quarter 2023 financial results of BGC Partners, Inc. on Wednesday, August 2, 2023. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial r

NEW YORK, July 3, 2023 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) ("BGC Group," "BGC" or the "Company"), a leading global brokerage and financial technology company (formerly BGC Partners, Inc.), today announced that it has completed its corporate conversion to a Full C-Corporation. The Company has also changed its name to "BGC Group, Inc." and changed its Nasdaq ticker symbol to "BGC" from "BGCP". The Company has also updated its main website to http://www.bgcg.com and its investor relations website to http://ir.bgcg.com. Management Comments Howard W. Lutnick, Chairman of the Board and Chief Executive Officer of BGC, said: "Today represents an important step for BGC, with its conversion t

NEW YORK, June 29, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending June 30, 2023, and provided an update on the timing of its corporate conversion. Updated OutlookBGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023. The Company's outlook was contained in BGC's financial results press release issued on May 3, 2023, which can be found at http://ir.bgcpartners.com.  Corporate Conversion Update:BGC Partners, Inc. is expected to complete its corp

Webcast Available for Investors NEW YORK, May 25, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at Piper Sandler's Global Exchange & FinTech Conference at 3:30 p.m. ET on Wednesday, June 7, 2023. A live webcast of the event will be made available at http://ir.bgcpartners.com. A replay of the event will also be made available at the same site and for 365 days, beginning June 7, 2023. Statements made during the webcast may include forward-looking statements about the Company. About BGC Partners, Inc.BGC Partners, Inc. ("BGC") is a

KBRA assigns a senior unsecured debt rating of BBB with a Stable Outlook to the senior unsecured notes issued by BGC Partners, Inc. (NASDAQ:BGCP) ("BGC" or "the company"). The notes are scheduled to mature on May 25, 2028. BGC is a leading global wholesale brokerage and financial technology company serving an array of financial and capital market participants. BGC's customers encompass governments, corporations, and financial institutions, including banks, brokers, investment funds, and hedge funds. Key Credit Considerations The ratings are underpinned by management's long record of producing mostly consistent operating results, adapting to regulatory changes and market evolution, and o

NEW YORK, May 22, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC" or the "Company") today announced the pricing of its offering of $350 million aggregate principal amount of 8.000% senior notes (the "notes"). The notes will be general senior unsecured obligations of BGC. The notes will pay interest semi-annually at a rate of 8.000% per annum, on each May 25 and November 25, beginning on November 25, 2023, and will mature on May 25, 2028. The closing, subject to customary conditions, is expected to occur on May 25, 2023. BGC intends to use the net proceeds, along with cash on hand and the proceeds of other indebtedness, if any, to repurchase, redeem and/or repay its $450 million

LONDON, May 17, 2023 /PRNewswire/ -- Fenics GO, an innovative global platform and service for accessing and transmitting financial information and trading financial instruments, including, exchange listed options and delta 1 products, operated by the Fenics division of BGC Partners, Inc. (NASDAQ:BGCP) ("BGC Partners," "BGC" or the "Company"), today announced that it has introduced 37 HKEX MSCI derivatives products on to its multi award winning platform.  Working together with HKEX is an important step in expanding the range of products that Fenics GO can offer as well as acknowledging our goal of a more efficient, compliant, and cheaper method for arranging block trades for the wider market.

BGC Declares Quarterly DividendConference Call to Discuss Results Scheduled for 10:00 AM ET TodayNEW YORK, May 3, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter ended March 31, 2023. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com. It is also available at http://ir.bgcpartners.com/, along with BGC's quarterl

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, April 11, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its first quarter 2023 financial results conference call. This call will take place on Wednesday, May 3, 2023, at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Wednesday, May 3, 2023, which will be accessible at http://ir.bgcpartners.com. BGC will host a conference call on Wednesday, May 3, 2023, at 10:00 a.m. ET for investors. WHO: BGC Partners, I

Monday marks the last chance for investors to receive the next dividend payout from BGC Partners (NASDAQ:BGCP). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 1 cents per share. On Tuesday, BGC Partners will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 1 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own BGCP as of the end of Monday's session are eligible to receive the 1 cents dividend payout fo

BGC Partners (NASDAQ:BGCP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 08:00 AM. Here's what investors need to know about the announcement. Earnings BGC Partners reported in-line EPS of $0.23 versus an estimate of $0.23. Revenue was up $26.40 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.0 which was followed by a 2.53% increase in the share price the next day. Here's a look at BGC Partners's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.16 0.15 0.16 0.21 EPS Actual 0.16 0.16 0.17 0.21 Revenue Estimate 422.99M 406.98M 439.22M 517.62M Revenue Actual 436.51M 416.57M 435.76M

BGC Partners (NASDAQ:BGCP) reported quarterly earnings of $0.23 per share which met the analyst consensus estimate. This is a 9.52 percent increase over earnings of $0.21 per share from the same period last year. The company reported quarterly sales of $532.90 million which missed the analyst consensus estimate of $535.40 million by 0.47 percent. This is a 5.22 percent increase over sales of $506.46 million the same period last year.

Gainers Nogin, Inc. (NASDAQ:NOGN) shares surged 172.4% to $7.41. Guardforce AI Co., Limited (NASDAQ:GFAI) jumped 101% to $14.24 after climbing 50% on Friday. Harbor Custom Development, Inc. (NASDAQ:HCDI) surged 48% to $6.42. On Friday, Harbor Custom Development reported worse-than-expected Q4 sales results. U.S. Energy Corp. (NYSE:USEG) gained 31.3% to $2.31. Cano Health, Inc. (NYSE:CANO) rose 30% to $1.1850. Barry Sternlicht, on April 2, entered into group agreement with Elliot Cooperstone, Lewis Gold, Agreed to act together to pursue change at Cano Health. Mangoceuticals, Inc. (NASDAQ:MGRX) gained 26% to $1.4421. Brera Holdings PLC (NASDAQ:BREA) jumped 26% to $3.9711. Barnwell In

U.S. stocks traded mixed, with the Dow Jones gaining around 200 points on Monday. Here are some big stocks recording losses in today’s session. Ascendis Pharma A/S (NASDAQ:ASND) dipped 27.9% to $77.26 after the FDA identified deficiencies in the company's New Drug Application for Transcon PTH. Annovis Bio, Inc. (NYSE:ANVS) fell 19.3% to $12.43. Annovis Bio received interim analysis for sample size re-estimation for its Phase 3 clinical trial for treatment of early Parkinson's disease. Apollomics, Inc. (NASDAQ:APLM) declined 17.7% to $24.20 after the company began trading on the Nasdaq last week. Nexters Inc. (NASDAQ:GDEV) fell 17.5% to $5.66. Semler Scientific, Inc. (NASDAQ:SMLR) tumb

Credit Suisse analyst Gautam Sawant maintains BGC Partners (NASDAQ:BGCP) with a Outperform and raises the price target from $7 to $8.

Gainers Universal Insurance Hldgs (NYSE:UVE) shares moved upwards by 18.9% to $17.89 during Monday's regular session. As of 12:30 EST, this security is trading at a volume of 511.8K shares, making up 249.0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $543.5 million. As per the press release, Q4 earnings came out 2 days ago. Broadmark Realty Capital (NYSE:BRMK) stock moved upwards by 15.03% to $4.82. Broadmark Realty Capital's stock is trading at a volume of 9.4 million shares as of 12:30 EST. This is 655.5% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $640.6 million. A

U.S. stocks traded higher, with the Dow Jones gaining more than 300 points on Monday. Here are some big stocks recording gains in today’s session. Moolec Science SA (NASDAQ:MLEC) jumped 25.3% to $5.14. Fisker Inc. (NYSE:FSR) shares gained 24% to $6.95 after the company reported Q4 financial results. The company said Q4 and FY22 operational results were better than expected. FY22 total spending was below the company's anticipated range and its cash balance at year end 2022 was ahead of expectations. Opera Limited (NASDAQ:OPRA) rose 20.4% to $8.80 after the company reported better-than-expected Q4 financial results. Altisource Asset Management Corporation (NYSE:AAMC) rose 17.5% to $48.66

The company expects Q1 FY23 Pre-tax Adjusted Earnings of $118 - $138