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Bloomberg: Apple Is Set To Introduce 'Sweeping Changes' To Its Music Streaming Service
Wednesday, May 4, 2016 - 9:31am | 269Apple Inc. (NASDAQ: AAPL)'s streaming music customers appear to be unhappy with the streaming service, prompting the company to implement "sweeping changes," at least according to Bloomberg. Bloomberg, citing "people familiar with the product who asked not to be identified," reported that Apple...
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BGC Partners Revises Guidance, Expects Revenue To Be Above Low-End Of Prior Guidance
Thursday, December 31, 2015 - 12:53pm | 146Shares of BGC Partners, Inc. (NASDAQ: BGCP) were trading higher by 0.21 percent at $9.71 after the company revised its outlook for the fourth quarter. BGC Partners previously guided its fourth-quarter distributable earnings revenue to increase 33 to 41 percent and be between $685 million to $725...
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Jared Woodard's Option Strategy For CBOE VIX
Wednesday, August 19, 2015 - 3:40pm | 322BGC Partners' Senior Equity Derivative Strategist, Jared Woodard, was on Bloomberg TV Wednesday to share his option play on the VIX Volatility S&P 500. The Reasoning "So, the trade we're talking about...it's something that we have been doing with clients for a...
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BGC Partners' Jared Woodard Option Strategy For SPDR S&P Retail (ETF)
Wednesday, June 3, 2015 - 4:09pm | 348BGC Partners' Jared Woodard was on Bloomberg TV recently to discuss when the realized volatility in equity markets will rise and to share his option trade on SPDR S&P Retail (ETF)(NYSE: XRT). Volatility To Rise Before Fed Makes A Move Woodard was asked will the realized...
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Why These Amazon Bulls Downgraded The Stock Ahead Of Earnings
Tuesday, April 21, 2015 - 11:49am | 226BGC Partners – the firm that upgraded Amazon.com, Inc. (NASDAQ: AMZN) before its 35 percent run up following its Q4 earnings – downgraded the stock to Neutral on Tuesday, citing currency headwinds and strong investment as reasons that profitability is not on the horizon. BGC said that...
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What Investors Should Expect From BlackBerry's Q4 Results
Thursday, March 26, 2015 - 12:08pm | 385BlackBerry Ltd (NASDAQ: BBRY) is expected to release its fourth-quarter 2015 results on Friday morning. Colin Gillis, director of research at BGC Partners, was on CNBC to discuss what investors should expect from the company. What To Expect "If you look at it, Blackberry, this is...
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3 Reasons This Analyst Is Negative On Apple
Thursday, February 26, 2015 - 9:11am | 396Shares of Apple Inc. (NASDAQ: AAPL) have had a strong rally in the past month, fueled by strong numbers that the company reported in its quarterly earnings. Many analysts are positive on the stock, but Colin Gillis of BGC Partners feels that the company is approaching the top from where the...
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GFI Group Shareholders Should Vote Against Proposed Merger With CME, Says ISS
Wednesday, January 21, 2015 - 12:00pm | 183Institutional Shareholder Services, a leading proxy advisory service, has recommended on Wednesday that GFI Group Inc (NYSE: GFIG) shareholders reject the proposed merger agreement with CME Group Inc (NYSE: CME), given $5.85 stock and cash offer is inferior to BGC Partners, Inc. (NASDAQ:...
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BGC Partners Upgrades DuPont To Buy
Friday, September 19, 2014 - 8:43am | 59BGC Partners upgraded E.I. du Pont de Nemours and Company (NYSE: DD) from Hold to Buy. The target price for DuPont is set to $80. DuPont shares have gained 19.83% over the past 52 weeks, while the S&P 500 index has surged 17.63% in the same period. DuPont's shares rose 0.41% to $71.49 in pre-...
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iPhone 6 Pre-Order Record Points To 'Several Years' Of Ongoing Growth
Monday, September 15, 2014 - 2:21pm | 729Apple Inc. (NASDAQ: AAPL) surprised investors Mondauy morning when the company announced that it had pre-sold more than four million new iPhones. "[It's] double the number of pre-orders the iPhone 5 generated, so that's clearly a good sign for sales that are going to help the...
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BGC Partners Downgrades Intrepid Potash To Sell
Wednesday, August 13, 2014 - 8:51am | 58Analysts at BGC Partners downgraded Intrepid Potash (NYSE: IPI) from Hold to Sell. The target price for Intrepid Potash is set to $13. Intrepid Potash shares have surged 21.52% over the past 52 weeks, while the S&P 500 index has gained 14.74% in the same period. Intrepid Potash's shares dropped...
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BGC Partners Upgrades FirstEnergy To Buy
Wednesday, August 6, 2014 - 8:41am | 46Analysts at BGC Partners upgraded FirstEnergy (NYSE: FE) from Hold to Buy. FirstEnergy shares have declined 16.44% over the past 52 weeks, while the S&P 500 index has gained 13.56% in the same period. FirstEnergy's shares gained 4.01% to close at $31.93 yesterday.
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BGC Partners Downgrades Monsanto To Hold
Friday, August 1, 2014 - 8:01am | 49Analysts at BGC Partners downgraded Monsanto Company (NYSE: MON) from Buy to Hold. Monsanto Company shares have surged 16.04% over the past 52 weeks, while the S&P 500 index has gained 12.93% in the same period. Monsanto Company's shares dropped 1.14% to close at $113.09 yesterday.
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Mosaic and Potash Corp. Shares Fall Following BGC Downgrade
Wednesday, November 20, 2013 - 5:28pm | 193BGC Partners analyst Mark Gulley downgraded Potash Corp. of Saskatchewan, Inc. (NYSE: POT) and The Mosaic Company (NYSE: MOS) from Buy to Hold and lowered estimates. Gulley commented that potash price remains under pressure due to excess supply and the lack of demand. The 2014 potash price is...
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UPDATE: BGC Partners Raises PT on Google Ahead of September Quarter Results
Thursday, October 17, 2013 - 9:14am | 278In a report published Thursday, BGC Partners analyst Colin W. Gillis reiterated a Hold rating on Google (NASDAQ: GOOG), and raised the price target from $810.00 to $850.00. In the report, BGC Partners noted, “Google reports September quarter results on October 18th. We look for the following: 1)...