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BGC Partners Guides Q4 Revenues Above Estimates - Update
(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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Japan Industrial Output Rebounds; Tokyo Inflation Accelerates
Japan's industrial production rebounded at a stronger-than-expected pace at the end of the third quarter and inflation in Tokyo accelerated further in October, official data revealed Friday. Industrial output advanced 2.2 percent month-on-month, in contrast to the 1.5 percent drop in August, the Ministry of Economy, Trade and Industry said. Output was forecast to grow moderately by 1.5 percent.
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9 minit yang lalu
NZ Dollar Falls As China Manufacturing Activity Shrinks
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, after data showed that China's manufacturing sector contraction deepened in October.
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1j 0min yang lalu
European Shares Seen Tad Lower At Open
European markets may open slightly lower on Friday, although tech stocks may rise following strong earnings from e-commerce giant Amazon and iPhone maker Apple.
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1j 18min yang lalu
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
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1j 22min yang lalu
European Economic News Preview: Eurozone Flash Inflation Data Due
Flash inflation from the euro area and France are the top economic news due on Friday, headlining a busy day for the European economic news. At 3.00 am ET, Destatis is scheduled to issue Germany's retail sales and import prices. Sales are forecast to grow 0.2 percent month-on-month, reversing a 0.2 percent fall in August. Economists expect import prices to drop 0.2 percent.
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1j 35min yang lalu
Sensex, Nifty Modestly Higher In Early Trade
Indian shares were slightly higher on Friday despite mixed cues from global markets.
The benchmark BSE Sensex was up 180 points, or 0.2 percent, at 84,583 in early trade, while the broader NSE Nifty index edged up by 38 points, or 0.2 percent, to 25,915.
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2j 32min yang lalu
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with strong gains in gold miner stocks partially offset by weakness in technology stocks.
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3j 30min yang lalu
Asian Markets Trade Mixed
Asian markets are trading mixed on Friday, following the negative cues from Wall Street overnight, amid renewed uncertainty about the outlook for interest rates after Fed Chair Jerome Powell said a further reduction in rates in December is "not a foregone conclusion. Positive developments out of US President Donald Trump's meeting with Chinese President Xi Jinping is aiding market sentiment.
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3j 36min yang lalu
