Cowen

Cowen, Inc. engages in the provision of financial services. It operates through following the segments: Operating Company and Asset Company. The Operating Company segment consists of the Cowen Investment Management, Investment Banking, Markets, and Research divisions. The Asset Company segment consists of the firm’s private investments, private real estate investments, and other legacy investment strategies. The firm offers investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services, and actively managed alternative investment products. The company was founded in 1918 and is headquartered in New York, NY.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Coalition Expands Reach and Impact into the Financial Services Industry Coalition Expands Reach and Impact into the Financial Services Industry

Cowen Joins More Than 1,300 CEOs in Commitment to Advance Inclusion and Diversity in the Workplace

NEW YORK, Sept.  15, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or the “Company”) today announced that it has signed a definitive agreement to acquire substantially all of the assets of MHT Partners, LP (“MHT Partners”), an investment bank focused on representing innovative companies in growing markets. Based primarily in Dallas and San Francisco, MHT Partners’ investment banking team is expected to join Cowen under the agreement. Terms of the acquisition, which is not material to Cowen from a financial perspective, were not disclosed.

Cowen to Acquire Investment Banking Business of MHT Partners, Further Deepening Coverage of Middle-Market and Private Equity Investors

Cowen Group (COWN) appears to be a promising buy right now, riding on organic growth, earnings strength and steady capital-deployment activities.

Here's Why You Should Buy Cowen Group (COWN) Stock Now

NEW YORK, Aug.  03, 2020  (GLOBE NEWSWIRE) -- Kyber Data Science LLC (“Kyber”), a subsidiary of Cowen Inc. (NASDAQ:COWN) (“Cowen”), today announced a $10 million Series A financing round led by Cowen and Ian McKinnon, founder of Sandia Holdings LLC (“Sandia”). Mr. McKinnon has joined Kyber’s board of directors, effective upon closing of the investment.

Kyber Data Science Announces $10 Million Series A Financing Round

Cowen Inc. (COWN) CEO Jeffrey Solomon on Q2 2020 Results - Earnings Call Transcript

Cowen (COWN) delivered earnings and revenue surprises of 6.80% and -29.46%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Cowen Group (COWN) Beats Q2 Earnings Estimates

NEW YORK, July  28, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the second quarter ended June 30, 2020.

Cowen Announces Record Financial Results for Second Quarter 2020

NEW YORK, July  27, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced six key recent additions to the firm’s Cross-Asset Division.  Mike Kasper, Jodi Joskowitz, Jordan Cahn and Ronald Ryder have joined the Credit Sales and Trading desk. Jay Sommer and Matt Palamountain have joined Cowen’s Special Asset Group.  All report to Jay McDermott and Burt Welly, Co-Heads of Cross-Asset, and Philip Cushman, Head of Global Equity and Cross-Asset Sales.

Cowen Cross-Asset Team Announces Six Key Hires, Continuing Expansion

NEW YORK, July  13, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced several key hires and a significant product enhancement in response to strong growth at UK-headquartered Cowen Execution Services Limited (“CESL”), a non-conflicted trading platform providing execution services in more than 100 markets worldwide over a full range of multi-asset capabilities.  Since launching with an experienced team of trading professionals in October 2019, CESL has seen impressive growth in the depth and breadth of trading on its platform, already executing $75 billion in non-dollar trades.

Cowen Accelerates Rapid Growth of International Sales & Trading Operations With Key Hires and New Integrated Liquidity Sources

NEW YORK, July  07, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Ripa Rashid has joined the company as a Managing Director and Head of Inclusion and Diversity (I & D). Ms. Rashid brings with her more than a decade of expertise in evidence-based approaches to I & D and in impactful strategies to advance inclusive cultures and diverse talent.  Ms. Rashid is based in New York and reports to Cowen Chair and CEO Jeffrey M. Solomon.

Cowen Names Ripa Rashid as Head of Inclusion and Diversity

NEW YORK, June  30, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Michael Fitzgerald has joined Cowen Prime Services LLC as a Managing Director, reporting to Jack Seibald and Michael Rosen, Managing Directors and Co-Heads of Prime Brokerage and Outsourced Trading. Mr. Fitzgerald, a seasoned prime brokerage professional, will be based in New York and will focus on business development.

Michael Fitzgerald Joins Cowen’s Prime Services Sales Team

Survey Indicates Highest Relationship Share as U.S. Equity Commission Management Aggregator Survey Indicates Highest Relationship Share as U.S. Equity Commission Management Aggregator

Cowen’s Westminster Research Associates Named “Greenwich Quality Leader” in Commission Management Service for Fifth Straight Year

NEW YORK, June  02, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or the “Company”) announced that Eric M. Rose has been named Managing Director and Head of Derivatives Trading. In this expanded role he will oversee the ongoing growth of Cowen’s derivatives trading capabilities and platform.  Mr. Rose continues to be based in New York and reports to Kyle Solomon, Managing Director and Head of Alternative Equity Strategies and Drew Forman, Managing Director and Head of Derivatives.

Cowen Names Eric M. Rose Head Of Derivatives Trading

Juniper Networks

Juniper Networks, Inc. (JNPR) CEO Rami Rahim Presents at 48th Annual Cowen and Company 2020 Virtual Technology, Media & Telecom Conference (Transcript)

Named “Best Boutique Prime Broker” for the Eighth Consecutive Year Named “Best Boutique Prime Broker” for the Eighth Consecutive Year

Cowen Prime Services Wins 2020 HFM European Hedge Fund Services Award

Cowen Prime Services  Wins 2020 HFM European Hedge Fund Services Award

CHI III to Invest in Innovative, Private Life Sciences Companies CHI III to Invest in Innovative, Private Life Sciences Companies

Cowen Healthcare Investments Successfully Raises $493 Million For Third Fund

Cowen Inc. (COWN) CEO Jeffrey Solomon on Q1 2020 Results - Earnings Call Transcript

NEW YORK, April  27, 2020  (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) is pleased to announce that Gregg A. Gonsalves has been appointed to its Board of Directors, effective April 24, 2020. The appointment will increase the size of Cowen’s Board to 10 members.

Cowen Appoints Gregg A. Gonsalves as New Independent Board Director

Proven veterans Alan Circle and Martin Ferraro join Company to lead new asset classes Proven veterans Alan Circle and Martin Ferraro join Company to lead new asset classes

Cowen Outsourced Trading Expands Offering in Foreign Exchange, Commodities and Futures

Named “Best Outsourced Trading Provider” for Second Year in a Row Named “Best Outsourced Trading Provider” for Second Year in a Row

Cowen Outsourced Trading Wins 2020 Hedgeweek Annual Global Award

Aurora Cannabis

Analysts have a lot to learn about the still-nascent marijuana industry.

Wall Street Is Totally Out of Touch With Reality When It Comes to Canada's Pot Industry

It's not a household name in financial services, but it's worth a look.

Is Cowen Stock a Buy?

Cowen Inc. (COWN) CEO Jeffrey Solomon on Q4 2019 Results - Earnings Call Transcript

NEW YORK, Feb.  12, 2020  (GLOBE NEWSWIRE) -- Cowen, Inc., (NASDAQ:COWN) (“Cowen” or the “Company”) and Hall of Flowers (HOF) today announced a partnership for the upcoming 4th Annual Hall of Flowers event taking place April 1 - 2, 2020 in Palm Springs, CA. Through this partnership, Cowen will receive preferred access to the event and will host a group of its investor clients to experience first-hand, the unique on-the-ground perspective provided by HOF exhibitors. In turn, HOF will receive promotional rights to Cowen’s multi-media coverage of the event for use in its social channels.

News for Cowen Stock (COWN)