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BGC Group Guides Q3 Revenues; Declares Dividend - Update
(RTTNews) - While reporting financial results for the second quarter on Wednesday, BGC Group, Inc. (BGC) provided pre-tax adjusted earnings and revenue guidance for the third quarter.
For the third quarter, the company now projects pre-tax adjusted earnings in a range of $87 million to $110 million, on revenues between $445 million and $500 million.
On Tuesday, BGC's Board of Directors declared a quarterly qualified cash dividend of $0.01 per share, payable on September 5, 2023 to Class A and Class B common stockholders of record as of August 22, 2023. The ex-dividend date will be August 21, 2023.
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Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market moves on Wednesday, extending to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level to all-time record highs, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews
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hace 21 minutos
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, amid the ongoing trade concerns following US President Donald Trump's latest comments on tariffs. Trump said he will be announcing new tariffs on semiconductors and chips as well as up to 250 percent on pharmaceuticals imported into the U.S.
RTTNews
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hace 45 minutos
Sensex, Nifty Likely To Open On Flat Note On Tariff Worries
Indian shares look set to open on a flat note Wednesday as investors react to U.S. President Donald Trump's latest tariff threats and await the Reserve Bank of India's policy announcement, with investors expecting a rate pause and dovish signals to offset rising external risks.
RTTNews
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hace 1h 17min
Lower Open Called For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, gathering almost 30 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,245-point plateau and it's expected to open under pressure on Wednesday.
RTTNews
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hace 1h 50min
Japanese Market Slightly Higher
The Japanese stock market is slightly higher on Wednesday after opening well in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,550 level, with gains in automakers, exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews
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hace 2h 12min
Indonesia Stock Market May Open In The Red On Wednesday
The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,515-point plateau and it may hand back Tuesday's gains on Wednesday.
RTTNews
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hace 2h 20min
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, adding to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews
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hace 2h 33min
Hong Kong Shares Due For Consolidation On Wednesday
The Hong Kong stock market has moved higher in consecutive trading days, advancing almost 400 points or 1.7 percent along the way. The Hang Seng Index now rests just above the 24,900-point plateau although investors may lock in gains on Wednesday.
RTTNews
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hace 2h 35min
