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BGC Partners Gains Control of GFI Group BGC said that it had acquired enough shares in a tender offer to give it a 56.3 percent stake in GFI, the New York brokerage firm and clearinghouse. By Chad ...
GFI Group Inc. provides wholesale brokerage, clearing, electronic execution, and trading support products for financial markets in the United States and internationally.
The top performing brokers at GFI Group threaten to quit en masse if BGC wins tender offer, citing concerns about their compensation. Last Tuesday, GFI's board unanimously recommended rejecting ...
GFI Group Inc.'s board of directors gave its blessing today for rival brokerage firm BGC Partners Inc. to purchase the company's outstanding shares for $6.10 per share in an all-cash deal valued ...
He joined the company in 1993. Shares of GFI Group sank 24 cents, or 3.9 percent, to $5.96 in afternoon trading Monday. Originally Published: July 12, 2010 at 1:18 p.m.
NEW YORK (CBS.MW) -- GFI Group, Inc. said in a filing on Tuesday that it plans to offer 5.67 million shares at an estimated price range of $18-$20 per share in a bid to raise about $108 million in ...
Hello, and welcome to the GFI Group Fourth Quarter and Full Year 2012 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded. I would now like to turn the ...
GFI Group, Inc. (GFIG) Investor Day May 8, 2013 9:00 AM ET Executives Chris Ann - IR Manager Mickey Gooch - Chairman Colin Heffron - CEO Chris Giancarlo - EVP Jim Peers - CFO Lauren Burd - Head ...
BGC Partners Inc. again raised its offer to fellow broker-dealer GFI Group Inc., now offering $5.60 a share in a bid to thwart CME Group’s plans to buy the company. BGC’s new offer represents ...
(Reuters) - Inter-dealer broker GFI Group , which earlier confirmed that it was in merger talks with rival Tullett Prebon , said quarterly profit rose 24 percent, helped by higher brokerage ...
NEW YORK -- GFI Group Inc. swung to a third-quarter profit after shedding charges from a year ago, but revenue slumped for the inter-bank brokerage as results missed expectations. And on a ...
BGC Partners again raised its offer to fellow broker-dealer GFI Group, now offering $5.60 a share in a bid to thwart CME Group’s plans to buy the company.
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