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Stock impact report

Lutnick to Divest BGC, Newmark Interests on Commerce Appointment [Yahoo! Finance]

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
if he's confirmed as commerce secretary in President-elect Donald Trump's administration. Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll The chief executive officer of Cantor Fitzgerald LP will divest his interests in brokerage BGC Group Inc. and property firm Newmark Group Inc., but doesn't plan to sell shares on the open market, he said in separate statements issued by those firms. Lutnick's firm Cantor, which includes an investment bank, fixed income and equities business, is private. A spokeswoman had no immediate comment on his plans for the leadership of that firm, which has several key deputies. Lutnick also said he would step down from his positions at Cantor, BGC, and Newmark. He plans to re Show less Read more
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