Lutnick to Divest BGC, Newmark Interests on Commerce Role [Yahoo! Finance Canada]
BGC Group, Inc. - Class A (BGC)
Last bgc group, inc. - class a earnings: 8/2 04:20 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg 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, 63, also said he would step down from his positions at Cantor, BGC, and Newmark. He plans to recommend that John Abularrage, Jean-Pierre Aubin, and Sean Windeatt be named Co-CEOs of BGC once he's confirmed, he said. Shares in BGC fell 3.64% in late New York trading while Newmark declined 2.81%. Lutnick, the co-chair of Trump's transition team, raised millions of dollars for Trump's presidential campaign, spoke at rallies and vowed his loyalty to the next president's agenda. He
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BGC
News
- Lutnick to Divest BGC, Newmark Interests on Commerce Appointment [Yahoo! Finance]Yahoo! Finance
- BGC's Howard W. Lutnick Nominated for U.S. Secretary of Commerce [Yahoo! Finance]Yahoo! Finance
- BGC's Howard W. Lutnick Nominated for U.S. Secretary of CommercePR Newswire
- Lutnick's China ties draw fire after Trump taps him to lead US in trade, tariffs [Yahoo! Finance Canada]Yahoo! Finance Canada
- Lutnick's China ties draw fire after Trump taps him to lead US in trade, tariffs [Yahoo! Finance]Yahoo! Finance
BGC
Earnings
- 10/31/24 - Beat
BGC
Sec Filings
- 11/21/24 - Form SC
- 11/21/24 - Form 8-K
- 11/13/24 - Form SC
- BGC's page on the SEC website