New York-based Virtu has proposed to acquire all the outstanding shares of KCG’s common stock for $18.50-$20.00 per share in cash, valuing the company at as much as $1.33 billion. Shares of KCG were up 27 percent in extended trading …
Reuters11mon
NEW YORK (Reuters) - Trading firm KCG Holdings awarded its chief executive ... with the remainder of his earnings in stock and options awards, as well as a $700,000 cash bonus, according to the company's proxy statement with the …
KCG stock jumped $1.99, or 11.2 percent, to $19.73 and Virtu rose $1.05, or 7 percent, to $16. Equipment rental company United Rentals flopped after its sales fell far short of expectations. The company said rental rates are still somewhat …
Excerpts from the report are below. On Knight Capital Group Inc. (NYSE:KCG)’s stock-trading irregularities: “The SEC is talking with the NYSE over the irregular activity today with Knight Capital Group Inc. (NYSE:KCG). They’re looking at …
That would represent a 72% increase in earnings since 2010. By comparison, the stock index has recorded a 21% gain during the same period. S&P analysts say earnings will climb to another record of $111.73 in 2013. But they project …
The defections to Cantor come just days after stock exchange wannabe IEX, which is awaiting government approval later this month, poached KCG’s Eric Stockland, an expert on high-frequency trading. KCG declined comment. Cantor did …
Lenexa-based Bats Global Markets, which operates the second-largest U.S. stock exchange, is buying a currency market ... The agreement is with KCG Holdings Inc., based in Jersey City, N.J. In its announcement, KCG said it could receive …