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KCG Holdings, Inc. (KCG)

- NYSE
  • Apr. 30, 2013, 5:30 PM
    Notable earnings before Wednesday’ s open: AB, ADT, AFAM, AFSI, AGN, AH, AMT, ARW, AVA, CCJ, CHK, CLH, CLX, CMCSA, CVH, CVS, DLPH, DVN, ENR, EXAS, EXC,GRMN, GWR, H, HSP, HUM, ICE, IPGP, IQNT, IRM, JRCC, KCG, KFN, MA, MKL, MRK, NVO, PDCE, PKD, POR, PSX, RDC, RDN, SEE, SPW, TLM, TWX, VG, VIAB, VPHM
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  • Apr. 15, 2013, 7:06 AM
    Knight Capital (KCG) and Getco tweak the exchange ratio of their merger agreement in an effort to ensure the trading price of KCG at closing is above the $4/share necessary to keep a NYSE stock listing. The aggregate consideration to Knight or Getco owners is unchanged. The companies estimate the merger will generate savings of $110M/year. (PR)
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  • Jan. 24, 2013, 6:02 AM
    Knight Capital Group (KCG): Q4 EPS of $0.05 beats by $0.02. Revenue of $287.7M beats by $4.68M. (PR)
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  • Jan. 24, 2013, 12:05 AM
    Notable earnings before Thursday’s open: ABC, ALK, ARG, AVT, BAX, BMY, BPOP, CELG, CY, DOV, EQT, ESI, ETN, FCS, GWW, JNS, JVA, KCG, KEY, LMT, LUV, MKC, MMM, MWW, NMM, NOK, ORI, PCP, QSII, RTN, RYN, SWK, TZOO, UAL, UNP, XRX
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  • Jan. 23, 2013, 5:30 PM
    Notable earnings before Thursday’s open: ABC, ALK, ARG, AVT, BAX, BMY, BPOP, CELG, CY, DOV, EQT, ESI, ETN, FCS, GWW, JNS, JVA, KCG, KEY, LMT, LUV, MKC, MMM, MWW, NMM, NOK, ORI, PCP, QSII, RTN, RYN, SWK, TZOO, UAL, UNP, XRX
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  • Jan. 1, 2013, 6:55 AM
    Knight Capital (KCG) shareholder Ann Jimenez McMillan has sued the firm over its $1.4B sale to Getco, saying that the $3.75-a-share price is "unfair and grossly inadequate." McMillan is seeking to stop the deal on its current terms, class-action status, and unspecified damages.
    | 1 Comment
  • Dec. 27, 2012, 7:15 AM
    Getco's $1.4B bid for Knight Capital (KCG) gets a key backer with the support of TD Ameritrade (AMTD) - a 7% owner of Knight. Combined with Jefferies' previously announced support and Getco's own shares, this brings to 45% the ratio of Knight's shares in favor of the deal. Blackstone - a 15.6% owner - also looks likely to back the sale.
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  • Dec. 19, 2012, 9:10 AM
    Premarket gainers: PTNR +11%. GM +9%. KCG +8%. RMCF +6%. NBG +6%. VRNG +6%. MLNX +5%
    Losers: ONTY -61%. PLXT -18%. NAV -6%. CYS -6%.
    | 3 Comments
  • Dec. 19, 2012, 8:05 AM
    As expected, Getco beats rival Virtu in the race to buy Knight Capital (KCG) after agreeing a deal valued at $1.4B in cash and stock. Knight shareholders will have the right to receive $3.75/share in cash or one share of common stock of a new holding company. Knight shares +6.3% to $3.54. (PR)
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  • Dec. 18, 2012, 5:59 PM
    High-speed trader Getco has a deal in principle to acquire Knight Capital Group (KCG), which is up 5.4% AH, Reuters reports. Updated 6:11 p.m.: Getco and P-E firm General Atlantic raised its offer to over $3.60 in cash and stock to beat Virtu Financial's all-cash offer; KCG now up 3.9% to $3.46 AH.
    | 6 Comments
  • Dec. 13, 2012, 5:50 AM
    Knight Capital Group (KCG) reportedly expects to receive final acquisition bids by the end of this week and to decide its future, which could include remaining independent, next week. High-speed trading firms Getco and Virtu Financial are the two suitors vying for Knight with offers of up to $1.8B. (previous)
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  • Dec. 4, 2012, 5:43 AM
    Cerberus is reportedly in negotiations to join Virtu's attempt to acquire brokerage Knight Capital (KCG) in a deal valued at $1.5-1.6B including debt. Virtu is also in talks with Silver Lake, Credit Suisse (CS) and other banks about financing for the bid. Meanwhile, Jefferies Group (JEF) will provide $950M to help fund Getco's rival offer for Knight in a deal worth $1.4-1.8B including debt.
    | 2 Comments
  • Nov. 28, 2012, 12:45 PM
    Midday top 10 gainers: VRML +34%. SHS +32%. GMCR +24%. SPMD +18%. TROV +17%. GPOR +16%. IDIX +15%. TSL +15%. KCG +14%. AXR +12%.
    Midday top 10 Losers: UTI -24%. CLUB -21%. CFNB -16%. GENE -15%. TFM -14%. CBAK -13%. SBGI -12%. DWCH -13%. NFEC -11%. CAP -9%.
    | 2 Comments
  • Nov. 28, 2012, 11:02 AM
    Virtu is reportedly making a $3/share all-cash bid for Knight Capital, according to Charlie Gasparino. On the surface, it's well less than than Getco's $3.50 bid, but Getco's deal is more a merger with part of the value being stock in the combined company - and who knows what that will be worth. KCG +11.5% to $3.31.
    | 2 Comments
  • Nov. 28, 2012, 9:10 AM
    Premarket gainers: GMCR +20%. KCG +19%. EXPR +11%. AEO +6%. PPHM +5%. Losers: TFM -15%. GWRE -13%. NBG -10%.
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  • Nov. 28, 2012, 8:23 AM
    Knight Capital receives an offer of $3.50/share from Getco. KCG +13.8% premarket to $3.40. Will Virtu be heard from? (13D)
    | 2 Comments
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Company Description
KCG Holdings Inc is asecurities firm offering clients a range of services designed to address trading needs across asset classes, product types and time zones. It is also engagedin principal trading via exchange-based electronic market making.