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BGC Group Inc - BGC STOCK NEWS

Welcome to our dedicated news page for BGC Group (Ticker: BGC), a resource for investors and traders seeking the latest updates and insights on BGC Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BGC Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BGC Group's position in the market.

Rhea-AI Summary
BGC Group, Inc. (Nasdaq: BGC) Declares Quarterly Dividend and Reports Q3 2023 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.77%
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Rhea-AI Summary
Fenics Market Data partners with ZE PowerGroup to bring energy and commodities pricing data to clients
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
partnership
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Rhea-AI Summary
BGC Group announces details on its annual meeting of stockholders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
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none
Rhea-AI Summary
BGC Group, Inc. announces details for its Q3 2023 financial results conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
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Rhea-AI Summary
BGC Group, Inc. announces final results in exchange offers and consent solicitations
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
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none
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Rhea-AI Summary
KBRA assigns a rating of BBB to the senior unsecured notes issued by BGC Group, Inc. The rating Outlook is Stable. BGC announced plans to exchange senior notes of BGCP for new notes to be issued by BGC. The terms and conditions of the new notes reflect substantially similar terms to the old notes. Profitability is on an improving trend due to the overall increase in capital markets volatility. Leverage has been managed consistently. BGC remains adequately funded. The issuer ratings for BGC are well positioned at the current rating.
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Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
BGC Group reaffirms its outlook for Q3 2023. Non-GAAP financial measures have been updated. Adjusted Earnings calculations exclude certain non-cash items and other expenses. The company's key executives and producers have equity or partnership stakes. Various other GAAP items are excluded from Adjusted Earnings calculations. BGC reports post-tax Adjusted Earnings to fully diluted shareholders. The company calculates its tax provision for post-tax Adjusted Earnings using an annual estimate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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none
-
Rhea-AI Summary
BGC Group announces early participation results in exchange offers and consent solicitations and extension of early participation premium
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End-of-Day
-- %
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Rhea-AI Summary
BGC Group, Inc. announces exchange offers for Old Notes with New Notes to simplify capital structure and give existing holders opportunity to obtain New Notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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none
Rhea-AI Summary
Capitalab, a division of BGC Brokers LP, has successfully completed its third execution of a new USD LIBOR to SOFR swaption migration service. The service seamlessly switches LIBOR-referenced USD swaptions into vanilla SOFR swaptions, removing complexities caused by ISDA supplements and LIBOR fallback rules. Capitalab plans to migrate participants' near entire LIBOR inventory to SOFR swaptions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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none
BGC Group Inc

Nasdaq:BGC

BGC Rankings

BGC Stock Data

3.79B
363.03M
5.84%
69.95%
3.06%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States
New York