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BGC Partners Guides Q4 Revenues Above Estimates - Update
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(RTTNews) - While reporting financial results for the fourth quarter on Monday, BGC Partners, Inc. (BGCP), a global brokerage and financial technology company, said it expects revenues for the first quarter in a range of $515 million to $565 million.
On average, analysts polled by Thomson Reuters expect the company to report revenues of $509.89 million for the quarter.
On Friday, BGC Partners' Board of Directors declared a quarterly qualified cash dividend of $0.01 per share, payable on March 31, 2023 to Class A and Class B common stockholders of record as of March 17, 2023.
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Vietnam Manufacturing Sector Accelerates In October - S&P Global
The manufacturing sector in Vietnam continued to expand in October, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 54.5.
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Philippines Manufacturing Sector Inches Into Expansion - S&P Global
The manufacturing sector in the Philippines moved up into expansion territory in October - barely - according to the latest survey from S&P Global, with a manufacturing PMI score of 50.1.
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Taiwan Shares Poised To Rebound On Monday
The Taiwan stock market has finished lower in back-to-back sessions, sinking more than 60 points or 0.2 percent along the way. The Taiwan Stock Exchange now sits just above the 28,230-point plateau although it may find traction on Monday.
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Singapore Bourse May Snap Losing Streak
The Singapore stock market has finished lower in three straight sessions, sinking more than 20 points or 0.5 percent in that span. The Straits Times Index now sits just beneath the 4,430-point plateau although it may stop the bleeding on Monday.
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Little Movement Seen For Malaysia Stock Market
The Malaysia stock market turned lower again on Friday, one day after ending the two-day slide in which it had slipped almost 7 point or 0.5 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,610-point plateau and it figures to remain in that neighborhood again on Monday.
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Australia Manufacturing PMI Slips Into Contraction - S&P Global
The manufacturing sector in Australia fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.7.
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New Zealand Building Permits Jump 7.2% In September
The total number of building permits issued in New Zealand was up a seasonally adjusted 7.2 percent on month in September, Statistics New Zealand said on Monday - coming in at 3,747.
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Tech Shares May Boost South Korea Stock Market
The South Korea stock market has tracked higher in three straight sessions, advancing almost 100 points or 2.5 percent in that span. Now at another fresh record closing high, the KOSPI sits just above the 4,100-point plateau and it may tick higher again on Monday.
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