eSpeed Newswire

Comprehensive Real-Time News Feed for eSpeed.

Results 1 - 20 of 203 in eSpeed

  1. Citigroup Loses $800 Million as It Exits Turkey's AkbankRead the original story

    9 hrs ago | The Washington Post

    The U.S.-based lender sold all of its remaining 9.9 percent holding in the Istanbul-based bank for $1.15 billion, it said in a statement on Thursday. The bank negotiated an early exit from a three-year lockup agreement it signed with Akbank's main owner, Sabanci Holding, when it sold an almost equivalent stake for the same amount in 2012.

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  2. Citigroup Loses $800 Million as It Exits Turkey's AkbankRead the original story

    12 hrs ago | The Washington Post

    The U.S.-based lender sold all of its remaining 9.9 percent holding in the Istanbul-based bank for $1.15 billion dollars, it said in a statement on Thursday. The bank negotiated an early exit from a three-year lockup agreement it signed with Akbank's main owner, Sabanci Holding, when it sold an almost equivalent stake for the same amount in 2012.

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  3. NGKF lures top broker Capps from Savills StudleyRead the original story w/Photo

    Friday Feb 27 | Business Journal

    Tim Capps , the former Raleigh branch manager for the Savills Studley corporate real estate firm, has left the office he helped open in Raleigh in 2012 and joined the Newmark Grubb Knight Frank commercial real estate firm. Capps' brother, Greg Capps , has also joined him at NGKF, but their former partner at Savills Studley in Raleigh, Tucker Shade , stayed behind.

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  4. BGC Partners' tender offer for GFI Group shares closesRead the original story

    Friday Feb 27 | SNL Financial

    As of the expiration of the tender offer at 5 p.m. on Feb. 26, about 54.6 million shares were tendered pursuant to the offer. The 54.6 million tendered shares, together with the 17.1 million GFI Group common shares that BGC Partners already owned, represent about 56.3% of GFI Group's outstanding shares.

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  5. Apple Inc. (AAPL): The Other Side Of The DebateRead the original story w/Photo

    Wednesday Feb 25 | Insider Monkey

    You have to be aware that Apple's profits come materially from iPhones: 70% of revenue, or even more, but the dynamics of the industry are changing and that's undeniable. While on CNBC , Senior Technology Analyst Collin Gillis, BGC Partners reiterated his concerns regarding Apple Inc. , which is now reportedly selling 34,000 iPhones an hour.

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  6. 's Weekend M&A ChatterRead the original story w/Photo

    Sunday Feb 22 | Benzinga

    The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday February 20 through Sunday February 22, 2015: The Deal : Valeant Pharmaceuticals International, Inc. and Salix Pharmaceuticals, Ltd. announced Sunday, that Valeant will acquire all of the outstanding common stock of Salix for $158.00 per share in cash, for a total enterprise value of about $14.5 billion. The transaction was approved by the Boards of Directors of both companies and is expected to close in Q2 of 2015.

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  7. GFI Group Comes To Terms With BGC PartnersRead the original story w/Photo

    Friday Feb 20 | Seeking Alpha

    BGC Partners has finally been able to declare success in its bid to acquire rival GFI Group . This brings to a close an opportunity that began when GFI management attempted to privatize part of the company and characterize the transaction as a sale to CME Group .

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  8. Howard Lutnick's BGC wins fight to acquire broker GFIRead the original story w/Photo

    Friday Feb 20 | New York Business.com

    Howard Lutnick's BGC Partners Inc. won an agreement to acquire interdealer broker GFI Group Inc., capping a six-month campaign against a rival bidder and GFI's founder. GFI's board of directors agreed to support BGC's tender offer for all of its outstanding stock at $6.10 a share in cash, the company said in a statement on Friday.

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  9. GFI Group board accepts BGC Partners' takeover bidRead the original story w/Photo

    Friday Feb 20 | Business Journal

    Michael Gooch, shown here in a 2008 photo, is the executive chairman of GFI Group inc. He founded the company in 1987 and had served as CEO until 2013.

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  10. Howard Lutnick's BGC Wins Fight to Acquire Broker GFI GroupRead the original story w/Photo

    Friday Feb 20 | Bloomberg

    CEO Of Cantor Fitzgerald LP and BGC Partners Inc Howard Lutnick said, "We look forward to delivering strong earnings and cash flow growth to our shareholders going forward." Photographer: Michael Nagle/Bloomberg -- Howard Lutnick's BGC Partners Inc. won an agreement to acquire interdealer broker GFI Group Inc., capping a six-month campaign against a rival bidder and GFI's founder.

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  11. Lutnick Says BGC in Talks With GFI Group for Consensual TakeoverRead the original story

    Thursday Feb 19 | Bloomberg

    Howard Lutnick, chief executive officer of Cantor Fitzgerald LP, smiles during a Bloomberg Television interview in New York, on June 21, 2012. Photographer: Victor J. Blue/Bloomberg -- Howard Lutnick says he's on the verge of succeeding in his six-month campaign to acquire interdealer broker GFI Group Inc. Lutnick's BGC Partners Inc. is in talks with GFI's board for a consensual agreement related to its $6.10-per-share bid, BGC said in a statement.

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  12. Official: Video shows Jenner rear-ended cars in fatal wreckRead the original story w/Photo

    Wednesday Feb 18 | Houston Chronicle

    Los Angeles County Sheriff's deputies investigate the scene of a car crash where one person was killed and at least seven other's were injured, Saturday, Feb. 7, 2015. Olympic gold medalist Bruce Jenner was in one of the cars involved in the four-vehicle crash on the Pacific Coast Highway in Malibu, Calif., that killed a woman, Los Angeles County authorities said.

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  13. Video shows Bruce Jenner steered to avoid crash: officialRead the original story w/Photo

    Wednesday Feb 18 | CTV

    Video shows Bruce Jenner started a chain-reaction crash that resulted in a woman's death on a Malibu highway, a law enforcement official told The Associated Press on Wednesday. Jenner was hauling an off-road vehicle on a trailer behind his Cadillac Escalade on Feb. 7 when he steered to avoid cars slowing for a traffic light in front of him on Pacific Coast Highway, the official said.

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  14. GFI wins Singapore court case over broker seeking to move to rival Tullett PrebonRead the original story w/Photo

    Monday Feb 16 | The Straits Times

    GFI Group Inc. defeated a Singapore lawsuit by a former broker who sued over a six-month non-compete clause that prevented her from moving immediately to a rival in a similar role. "GFI is happy with the outcome and satisfied that their employment contracts are industry standard and enforceable," John Darby, GFI's head of legal and compliance for Asia Pacific, said Tuesday.

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  15. Greek Exit From the Euro A Step Closer as Funding Talks CollapseRead the original story w/Photo

    Monday Feb 16 | Forbes.com

    I have been a financial journalist for more years than I'll ever admit. I started in New York before settling in London, with diversions to Moscow and Hong Kong, where I helped launch CNBC in Asia.

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  16. YC Startup Direct Match Aims To Make Bond Trading As Easy As Stock TradingRead the original story w/Photo

    Sunday Feb 15 | TechCrunch

    ... fees. There is a trading network currently in existence that many of the larger financial institutions use called eSpeed . This is an electronic bond trading network that is part of the Nasdaq OMX Transactions Services business. However, it is ...

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  17. A Short-Term Price Target For BGC PartnersRead the original story w/Photo

    Friday Feb 13 | Seeking Alpha

    BGC Partners has released its 4th quarter 2014 earnings. EPS was in-line at 18 cents, and the revenue of $515.5M beat by $6.34M, representing a second consecutive record quarter.

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  18. Greece Needs Structural Reform More Than Debt ReliefRead the original story w/Photo

    Thursday Feb 12 | Forbes.com

    I have been a financial journalist for more years than I'll ever admit. I started in New York before settling in London, with diversions to Moscow and Hong Kong, where I helped launch CNBC in Asia.

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  19. BGC Cfo steps downRead the original story

    Thursday Feb 12 | M2.com

    BGC Partners, Inc. said chief financial officer Graham Sadler announced he plans to retire. He plans to stay in his position until a successor is found.

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  20. BGC Partners' (BGCP) CEO Howard Lutnick on Q4 2014 Results - Earnings Call TranscriptRead the original story w/Photo

    Wednesday Feb 11 | Seeking Alpha

    ... and Bonds to NASDAQ OMX Group. For the purposes of today's call and on the press release, such assets are referred to eSpeed and the businesses remaining with BGC that are not part of eSpeed maybe referred to as retained. Also, Newmark Grubb Knight ...

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