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BGC Partners revises Q3 outlook

BGC PartnersInc. said it now anticipates third-quarter revenues to be slightlybelow the low end of the previously expected range of $655 million to $695million.

The company now expects pretax distributable earnings to bearound the midpoint of the previously disclosed estimated range. Third-quarterpretax distributable earnings before noncontrolling interest in subsidiariesand taxes were initially expected to be in the range of $99 million to $115million.