-
GFI Group Shareholders Should Vote Against Proposed Merger With CME, Says ISS
Wednesday, January 21, 2015 - 12:00pm | 183Read More...Institutional 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:...
-
Markets Inch Higher Following Encouraging Beige Book Commentary
Wednesday, December 3, 2014 - 6:11pm | 923Read More...U.S. stocks were mostly higher as the Dow and S&P 500 closed the day at record highs. The Fed's Beige book contained positive commentary on improved employment with “widespread” gains across all 12 districts. Manufacturing activity improved in most districts along with...
-
Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929Read More...U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
-
Goldman Sachs Maintains Neutral on GFI Group (GFIG)
Tuesday, May 17, 2011 - 7:50am | 133Read More...Goldman Sachs is out with its report today on GFI Group (NASDAQ: GFIG), maintaining Neutral. In a note to clients, Goldman Sachs writes, "GFIG held its annual investor day yesterday (May 16), which will be followed up by a similar day in London. Broadly, the firm continues to view its opportunity...
