eSpeed Newswire

Comprehensive Real-Time News Feed for eSpeed.

Results 1 - 20 of 175 in eSpeed

  1. The Nasdaq Omx Group's (Ndaq) Ceo Robert Greifeld on Q3 2014 Results - Earnings Call TranscriptRead the original story w/Photo

    3 hrs ago | Seeking Alpha

    ... compared to October 2013 levels, and on-the-run U.S. treasury volumes are up over twice that rate. Just recently eSpeed saw an all-time record volume of $210 billion in principal traded on October 15. Our competitive position across the businesses ...

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  2. Nasdaq Tops Expectations While Revenue SlipsRead the original story w/Photo

    8 hrs ago | Fox News

    ... relations, public relations and multimedia services businesses. It also financed its $750 million purchase of eSpeed, the electronic Treasuries-trading platform, from BGC Partners Inc, a deal giving it a foothold in fixed income. The company said it ...

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  3. UPDATE 1-Nasdaq tops earnings expectations while revenue slipsRead the original story

    14 hrs ago | Reuters

    ... relations, public relations and multimedia services businesses. It also financed its $750 million purchase of eSpeed, the electronic Treasuries-trading platform, from BGC Partners Inc, a deal giving it a foothold in fixed income. The company said it ...

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  4. Potash Corp. Earnings Disappoint as Nutrient Prices FallRead the original story

    Thursday | Bloomberg

    Potash Corp. of Saskatchewan Inc. , the world's largest fertilizer producer by market value, posted third-quarter profit that lagged behind analysts' estimates as the price of its namesake crop nutrient fell. Net income dropped to $317 million, or 38 cents a share, from $356 million, or 41 cents, a year earlier, the Saskatoon, Saskatchewan-based company said today in a statement.

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  5. GFI to review unsolicited bid from BGC PartnersRead the original story w/Photo

    Wednesday | MarketWatch

    Late Tuesday, The Wall Street Journal reported that BGC would launch a tender offer after an effort to strike a friendly deal foundered. BGC launched the $5.25-a-share offer Wednesday.

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  6. 's M&A Chatter for Wednesday October 22, 2014Read the original story w/Photo

    Wednesday | Benzinga

    The Rumor : Shares of Riverbed Technology spiked higher Wednesday, on a report from Deal Reporter that the company will contact buyers in a week. Riverbed did not immediately respond to a request for comment.

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  7. US open: Markets unchanged as investors weigh results from Boeing and Yahoo.Read the original story

    Wednesday Oct 22 | Live Charts

    US stocks were largely unchanged on Wednesday, as investors weighed results from Boeing and Yahoo. At 10:36 New York Time, the Dow Jones Industrial average was up 18.30 points to 16,633.11, while the S&P 500 rose 0.15% to 1,944.25 and the Nasdaq was up 7.66 to 4,427.14.

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  8. BGC Partners launches $675 million hostile bid for GFI GroupRead the original story w/Photo

    Wednesday Oct 22 | Business Journal

    Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and BGC Partners Inc.: "Despite our best efforts to engage with GFI regarding a negotiated transaction, we have been met with only unreasonable demands and delay tactics ..." Brokerage BGC Partners Inc. said it has offered $5.25 per share, or about $675 million, to buy all the shares of rival GFI Group Inc. it doesn't already own. New York-based BGC Partners , which was spun off from Cantor Fitzgerald LP in 2004, currently owns 13.5 percent of GFI Group , a derivatives and currency brokerage firm also based in New York.

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  9. BGC Partners Goes Hostile in its Pursuit of Rival GFI GroupRead the original story

    Wednesday Oct 22 | TheStreet.com

    New York-based BGC, which already owns 13.5% of the target's shares, is offering $5.25 per share in cash for GFI. That is a 15% premium to a competing $4.55 offer CME Group Inc. The bid follows weeks of unsuccessful talks between the two companies.

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  10. Nasdaq eSpeed Introduces U.S. Treasury Bills Trading on Its Fully Electronic PlatformRead the original story

    Wednesday Oct 22 | PR-inside.com

    New Functionality to Expand Trading Opportunities and Improve Cost Efficiencies NEW YORK, Oct. 22, 2014 -- Nasdaq today announced that eSpeed, the exchange group's over-the-counter platform for electronic trading in U.S. Treasury securities, successfully introduced U.S. Treasury Bill with notional average daily volume exceeding $4 billion and daily highs exceeding $10 billion. "The expansion of eSpeed's product set and functionality provides broker-dealers with new efficiencies, additional trading opportunities across the yield curve, and access to leading-edge services," said Joe Noviello, Head of Nasdaq eSpeed.

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  11. UPDATE 2-BGC launches formal $675 mln offer for rival broker GFIRead the original story

    Wednesday Oct 22 | Reuters

    Interdealer broker BGC Partners Inc went ahead with the formal launch of its hostile $675 million bid for rival GFI Group Inc on Wednesday after talks between the two companies reached a deadlock. Interdealer brokers match wholesale buyers and sellers of currencies, bonds and other instruments but analysts have long expected the industry to consolidate since new regulations forced their traditional investment banking clients to reduce risky trading activities.

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  12. UPDATE 1-Interdealer broker BGC Partners takes GFI offer to shareholdersRead the original story

    Wednesday Oct 22 | Reuters

    Interdealer broker BGC Partners Inc went ahead with its hostile $675 million bid for rival GFI Group Inc after talks between the two companies reached a deadlock. BGC on Wednesday commenced an all-cash tender offer of $5.25 per share for GFI stock that it does not already own.

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  13. BGC Partners Commences Cash Tender Offer To Acquire GFI Group For $5.25 Per ShareRead the original story w/Photo

    Tuesday Oct 21 | Sys-Con Media

    The full terms and conditions of the tender offer are set forth in the offering documents that BGC will file today with the Securities and Exchange Commission . BGC notified the GFI Group Board of Directors by letter yesterday regarding the launch of its tender offer.

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  14. BGC to Launch Tender Offer for Rival Interdealer BrokerRead the original story w/Photo

    Tuesday Oct 21 | Wall Street Journal

    BGC Partners Inc. plans to make a hostile bid to buy rival GFI Group Inc. for $675 million, according to people familiar with the matter, after an effort to strike a friendly deal between the interdealer brokers foundered. BGC, run by Cantor Fitzgerald Chief Executive Howard Lutnick, plans to launch a $5.25-a-share tender offer to GFI's shareholders as early as Wednesday morning, the people said.

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  15. Global Markets-U.S. shares gain despite Ibm hit, build on Japan stocks surgeRead the original story

    Monday Oct 20 | Reuters

    A measure of global equity markets rose on Monday after strong U.S. corporate results lifted Wall Street, despite a quarterly earnings miss from IBM, building on positive sentiment that grew out of a surge in Japanese shares. On Wall Street, IBM shares closed down 7.1 percent at $169.10.

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  16. The Volatility Play And A Closer Look At BGCRead the original story w/Photo

    Saturday Oct 11 | Seeking Alpha

    BGC Partners, Inc. has strategically positioned itself as a growth company through business expansion and can strive through a difficult brokerage environment. Straight-forward research will be provided on BGC Partners and fellow competitor CME Group through revenue, cash flow, and dividend comparisons.

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  17. The deals flow at 199 Water St.Read the original story w/Photo

    Tuesday Oct 7 | New York Post

    Two new leases at 199 Water St. are bringing Jack Resnick & Sons' 1.1 million-square-foot tower to 100 percent occupancy. BGC Brokers, a subsidiary of BGC Partners, is converting a sublease of 79,990 square feet to a 15-year direct deal as of Jan. 1, 2015.

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  18. BGC Partners Hires Trading Tech Veteran as CIORead the original story w/Photo

    Monday Oct 6 | Wall Street and Tech

    ... Tierney left the company to pursue other interests, effective immediately. Tierney joined the firm in 2007 as CIO of eSpeed and then upon the merger of eSpeed into BGC Partners in April 2008, she joined the management of BGC Partners according the ...

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  19. BGC Partners appoints trading tech veteran Eric Hirschhorn CIORead the original story

    Monday Oct 6 | Finextra Research news

    BGC Partners, Inc. , a leading global brokerage company servicing the financial and real estate markets, today announced the appointment of Eric T. Hirschhorn to the role of Chief Information Officer , reporting to Shaun D. Lynn, President of BGC, effective immediately. Mr. Hirschhorn comes to BGC from Bank of America Merrill Lynch, where he has held various key positions leading global teams across Rates and FICC eTrading technology.

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  20. Lutnick said to Snag Millions in 9-11 PactRead the original story w/Photo

    Friday Oct 3 | Fox News

    Some executives at Cantor Fitzgerald are steaming mad at their boss, chief executive Howard Lutnick for quietly pocketing a chunk of a $135 million settlement the company received from American Airlines over negligence related to the 9-11 terrorist attacks that killed more than 600 of the brokerage firm's employees, the FOX Business Network has learned. Cantor accused the airline of failing to prevent hijackers from taking the plane that crashed into the firm's headquarters in the north tower of the World Trade Center.

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