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.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
French Stocks Rise As Oil Prices Fall On Strait Of Hormuz Prospects
French stocks advanced Tuesday amid sharp oil price declines tied to potential Strait of Hormuz reopening. Brent crude fell 2.6% to $97.60 a barrel. The CAC 40 rose 0.55% as geopolitical developments influenced investor sentiment.
RTTNews
|
14 minutes ago
Indian Shares End Slightly Lower In Volatile Trade
Indian shares ended slightly lower after a choppy session on Tuesday as oil prices fluctuated after declining for four consecutive sessions, and hawkish signals from Federal Reserve policymakers reinforced expectations of further interest-rate hikes by the U.S. central bank this year.
RTTNews
|
45 minutes ago
DAX Climbs As Oil Falls, Markets Eye Trump UN Speech
German stocks recovered from weak morning trading to gain 0.63% by midday Tuesday, buoyed by falling oil prices amid prospects for Iran reopening the Strait of Hormuz. Investors awaited Trump's UN speech on peace initiatives.
RTTNews
|
49 minutes ago
Gold Edges Lower On Rate Hike Fears
Gold prices fell toward $4,300 an ounce on Tuesday due to expectations for additional Federal Reserve rate hikes.
RTTNews
|
1h 35min ago
Oil Prices Edge Lower In Volatile Trade
Oil prices traded lower in volatile trade on Tuesday amid hopes for diplomatic efforts to end the U.S.-Iran war and signs of recovering Saudi oil exports.
RTTNews
|
1h 50min ago
European Shares Slip Ahead Of Trump's UN Speech
European stocks were mixed on Tuesday after rising notably the previous day amid easing inflation concerns and hopes of a resumption in U.S.-Iran negotiations.
RTTNews
|
2h 5min ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
RTTNews
|
2h 37min ago
Asian Shares Inch Higher In Cautious Trade
Asian stocks followed Wall Street higher on Tuesday, with falling oil prices and softening U.S. Treasury yields helping underpin sentiment.
RTTNews
|
2h 38min ago
