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Stock Market & Financial Investment News

News Breaks
June 26, 2014
16:12 EDTBGCPBGC Partners sees Q2 results around mid-point of prior guidance
BGC Partners updated its outlook for Q2, stating that it expects its financial results for the quarter ending June 30 to be around the mid-point of the range of its previously stated guidance for revenues and earnings. The company expected to generate distributable earnings revenues $420M-$440M , consensus $433.73M. BGC anticipated pre-tax distributable earnings to be between approximately $47M-$55M.
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