Tag: outlook

BGC Partners updates its second quarter outlook with lower expectations
July 02, 2020 BY Steffy Bogdanova

BGC Partners updates its second quarter outlook with lower expectations

The company’s non-GAAP financial measures differ from the most directly comparable measures calculated in accordance with Generally Accepted Accounting Principles in the US  (GAAP). Non-GAAP financial measures used by the BGC Partners include "Adjusted Earnings before noncontrolling interests and taxes", which is used interchangeably with "pre-tax Adjusted Earnings"; "Post-tax Adjusted Earnings to fully diluted shareholders",…

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April 27, 2020 BY Steffy Bogdanova

Marex Spectron reports record results in financial yearly metrics

Other highlights of 2019 include: Establishing a Central Bank of Ireland regulated entity in Dublin as the European Headquarters to ensure client continuity post Brexit. Expansion of Marex Solutions, the corporate hedging and structured notes business. The division marked a 168% increase in net revenue to $18.8 million, The company received S&P Global Ratings endorsement,…

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Ripple
November 08, 2019 BY Mariela Naydenova

Ripple CEO on cryptocurrencies: Only 1% will survive

Brad Garlinghouse is definitely one of the most well-known figures in the cryptocurrency world. He is the CEO of Ripple. He recently gave his opinion on what the cryptocurrency future can look like, and it's not a positive outlook in terms of numbers of surviving alt coins and volume. Garlinghouse predicts that around 99% of…

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