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Stock Market & Financial Investment News

News Breaks
November 19, 2012
14:47 EDTBGCP, BGCPBGC Partners mentioned cautiously at CLSA
CLSA said BGC Partner's adjusted operating cash flow is not enough to cover capital expenditures and dividends. The firm reiterates its Sell rating and lowers its price target to $3.15 from $3.50.
News For BGCP From The Last 14 Days
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October 22, 2014
17:44 EDTBGCPGFI Group special committee to review tender offer from BGC Partners
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06:34 EDTBGCPBGC Partners could make hostile $675M bid for GFI Group, WSJ reports
In a move to thwart the sale of GFI Group (GFIG) To CME Group (CME), BGC Partners (BGCP) is planning to make a hostile bid to GFI for $675M, the Wall Street Journal reports. BGC's $5.25 per share tender offer to GFI shareholders, which is 15% higher than CME's offer, could come as early as this morning. Reference Link

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