Welcome to our dedicated page for COWN news (Ticker: COWN), a resource for investors and traders seeking the latest updates and insights on COWN stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect COWN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of COWN's position in the market.
Cowen Inc. (NASDAQ:COWN) has announced an increase in its share repurchase program, bringing the total available for repurchase to $50 million. This move reflects the company's commitment to returning value to shareholders and enhancing stock performance. The updated program aims to utilize available funds effectively to support stock price stability. Cowen is recognized for its diversified financial services, including investment banking, research, and trading.
Cowen (NASDAQ:COWN) has expanded its global capital introduction team with two new Vice Presidents: Amy Cheung in Hong Kong and Daniel McGlinn in San Francisco. This expansion aims to enhance services for prime brokerage and outsourced trading clients, bringing the team to eight members with plans for further growth. Cowen's capital introduction services include access to over 1,000 hedge fund allocators and tailored solutions for emerging and established managers. The firm focuses on delivering value-added capabilities to help clients outperform in their investments.
Cowen (NASDAQ:COWN) announced the expansion of its Fixed Income Outsourced Trading team with senior hires Vincent Governara and Chris Taliercio, both bringing over 15 years of credit trading experience. This move reflects increased demand for fixed income as an outsourced trading asset class. Cowen’s Outsourced Trading provides institutional-grade trading and post-trade solutions globally, supported by advanced technology. The firm has experienced significant growth in the past year, introducing fixed income and FX as new asset classes.
Cowen has joined Out Leadership, an influential coalition advocating for LGBTQ+ equality, as announced on June 10, 2021. Jeffrey M. Solomon, Cowen's CEO, emphasized the importance of diversity in driving innovation and inclusion within the workforce. This partnership aims to empower Cowen's internal LGBTQ+ community and enhance advocacy efforts. Cowen's commitment to diversity was previously demonstrated through its participation in the CEO Action for Diversity and Inclusion initiative, which encourages dialogue and sharing of successful practices among organizations.
Cowen Inc. (NASDAQ:COWN) has announced the retirement of Jane Gerhard, with Jenny Killeen taking over as Head of Human Resources. Killeen will focus on talent acquisition, retention, and development and will join the Management Committee. CEO Jeffrey Solomon praised her extensive experience in the financial services industry. Cowen emphasizes its commitment to employee success and inclusivity. The firm operates through broker-dealer and investment management divisions and aims to deliver value-added services to clients.
Cowen Inc. (NASDAQ:COWN) has appointed Gary Taylor to its equity research department, focusing on health care facilities and managed care stocks. Taylor, who has nearly two decades of experience and has been recognized as a top analyst, will report to Robert Fagin, Cowen’s Director of Research. Cowen's research team consists of 54 senior analysts covering over 800 securities across various sectors. The firm aims to provide value-added services to its clients and enhance its research capabilities in the health care sector.
Cowen Inc. (NASDAQ:COWN) has announced the addition of Max Masucci to its equity research team, enhancing its focus on the life science and diagnostic tools sector. Reporting to Robert Fagin, Masucci brings extensive experience from Canacord Genuity and a background in strategic development at a neurological diagnostics firm. Cowen's research department, known for its comprehensive coverage, ranks #3 in the latest Institutional Investor All-America Research survey in its sector. This strategic hire aligns with Cowen's expansion efforts in healthcare solutions.
Cowen Inc. (NASDAQ:COWN) has appointed Mark Kelly as Managing Director and Global Head of Alternative Equity Strategies for Cowen Execution Services Limited (CESL), based in London. This strategic move aims to enhance Cowen's international platform and boost its growth in cross-asset offerings. Kelly brings over 20 years of experience, including previous roles at Olivetree Financial, Morgan Stanley, and Merrill Lynch. His expertise will enable Cowen to cater to a diverse range of investors by providing innovative investment approaches in complex situations.
Cowen has announced a strategic partnership with PolySign, leading a $53 million Series B financing round with a $25 million investment. This partnership aims to enhance institutional-grade security and compliance for digital assets, focusing initially on custody services. The investment will support the development of blockchain applications for institutional clients. Cowen's involvement is expected to provide extensive expertise and resources, making digital assets more accessible to institutional investors.
Cowen has declared a quarterly cash dividend of $14.06 per share on its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock. This dividend is payable on May 17, 2021, to shareholders of record by May 1, 2021. Established in 1918, Cowen operates as a diversified financial services firm providing various investment banking and research services. The company aims to deliver value-added capabilities to assist clients in outperforming in the market.
