General Cable Divests 60% Stake in PDP Business for $67M - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Dec 23, 10:20AM CST
General Cable Corp. (BGC) recently divested its interest in Phelps Dodge International Philippines, Inc. ("PDP"
GIMO: 17.43 (+0.32), BGC: 14.82 (-0.61), CLRO: 9.74 (-0.02), NICE: 50.74 (-0.48)
General Cable sells interest in Phelps Dodge Philippines
Seeking Alpha - at Seeking Alpha - Mon Dec 22, 9:15AM CST
BGC: 14.82 (-0.61)
General Cable Announces Sale of Its Interest in Phelps Dodge Philippines
Business Wire - Mon Dec 22, 7:00AM CST
General Cable Corporation (NYSE: BGC) (the Company) announced today that it has completed the sale of its interest in Phelps Dodge International Philippines, Inc. (PDP) for cash consideration of $67 million. The Company sold its 60% interest to its joint venture partner, A. Soriano Corporation (Anscor). Proceeds from the sale will be used to reduce outstanding borrowings on the Company's North American and European asset based revolving credit facility.
BGC: 14.82 (-0.61)
Quarterly Performance Analysis: New Research on Furmanite, FutureFuel, Gafisa, GenCorp and General Cable
PR Newswire - Mon Dec 22, 7:00AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including Furmanite (NYSE: FRM), FutureFuel (NYSE: FF), Gafisa (NYSE: GFA), GenCorp (NYSE: GY), and General Cable (NYSE: BGC). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
GFA: 1.52 (-0.04), FRM: 7.61 (unch), BGC: 14.82 (-0.61), GY: 18.20 (+0.28), FF: 13.09 (+0.23)
General Cable announces dividend of USD0.18 per share for quarter
M2 - Wed Dec 10, 4:25AM CST
The board of directors of General Cable Corporation (NYSE:BGC), a developer, designer, manufacturer, marketer and distributor of copper, aluminium and fibre optic wire and cable products, approved a quarterly dividend of USD0.18 per share on all of the company's outstanding common shares, it disclosed on Wednesday.
BGC: 14.82 (-0.61)
General Cable declares $0.18 dividend
Seeking Alpha - at Seeking Alpha - Tue Dec 09, 3:22PM CST
BGC: 14.82 (-0.61)
General Cable Declares Dividend
Business Wire - Tue Dec 09, 3:15PM CST
General Cable Corporation (NYSE: BGC) announced today that its Board of Directors declared a quarterly dividend of $0.18 per share on all outstanding common shares. The dividend is payable on January 9, 2015, to all common shareholders of record at the close of business on December 29, 2014.
BGC: 14.82 (-0.61)
Global Cables Industry Guide 2014-2019 Featuring Nexans, Prysmian, General Cable & Sumitomo Electric Industries
M2 - Wed Dec 03, 7:38AM CST
Research and Markets (http://www.researchandmarkets.com/research/sznq8v/cables_global) has announced the addition of the "Cables: Global Industry Guide" report to their offering. Global Cables industry guide provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The guide also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Features and benefits - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global cables market - Leading company profiles reveal details of key cables market players' global operations and financial performance - Add weight to presentations and pitches by understanding the future growth prospects of the global cables market with five year forecasts - Compares data from 8 countries globally, alongside individual chapters on each country. Highlights - The global cables market is expected to generate total revenues of $93,804.9m in 2014, representing a compound annual growth rate (CAGR) of 8.3% between 2010 and 2014. - The power cables segment is expected to be the market's most lucrative in 2014, with total revenues of $66,330.5m, equivalent to 70.7% of the market's overall value. - The performance of the market is forecast to decelerate, with an anticipated CAGR of 7.7% for the five-year period 2014 - 2019, which is expected to drive the market to a value of $136,044.5m by the end of 2019. Your key questions answered - What was the size of the global cables market by value in 2014? - What will be the size of the global cables market in 2019? - What factors are affecting the strength of competition in the global cables market? - How has the market performed over the last five years? - What are the main segments that make up the global cables market? Companies Mentioned - Nexans SA - Prysmian SpA - General Cable Corporation - Sumitomo Electric Industries, ltd. For more information visit http://www.researchandmarkets.com/research/sz...les_global
BGC: 14.82 (-0.61)
Research and Markets: Global Cables Industry Guide 2014-2019 Featuring Nexans, Prysmian, General Cable & Sumitomo Electric Industries
Business Wire - Wed Dec 03, 4:38AM CST
Research and Markets (http://www.researchandmarkets.com/research/jhgxgz/cables_global) has announced the addition of the "Cables: Global Industry Guide" report to their offering.
BGC: 14.82 (-0.61)
General Cable Down to Strong Sell on Soft Market Conditions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Dec 01, 3:10PM CST
Zacks Investment Research downgraded wire and cable solutions provider General Cable Corp. (BGC) to a Zacks Rank #5 (Strong Sell) on Nov 29.
GIMO: 17.43 (+0.32), BGC: 14.82 (-0.61), CLRO: 9.74 (-0.02), NICE: 50.74 (-0.48)
SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Securities Laws Violations by the Board of Directors of General Cable Corp.
PR Newswire - Mon Dec 01, 12:28PM CST
Levi & Korsinsky, LLP is investigating General Cable Corp. (NYSE: BGC) in connection with possible securities laws violations by the Board of Directors of the Company.
BGC: 14.82 (-0.61)
10 Sector Dividend Leaders Flash 12% To 58% November Upsides
Fredrik Arnold - Seeking Alpha - Thu Nov 27, 4:27AM CST
Yield ( dividend / price) results from here verified by Yahoo Finance for sector leading stocks as of market closing prices November 25 were reinforced by analyst 1-yr target projections to reveal six actionable conclusions discussed below. ...
NMFC: 14.85 (-0.06), RSO: 5.29 (-0.03), TIS: 29.54 (-0.20), PETS: 14.23 (+0.08), BGC: 14.82 (-0.61), NMM: 10.57 (-0.32), CPLP: 7.81 (-0.05), PER: 6.38 (-0.16), SFL: 14.57 (-0.03), GSK: 42.85 (+0.11), SDRL: 11.90 (+0.04), TAC: 9.15 (-0.01), XIN: 2.35 (-0.02), SXE: 14.64 (+0.30), DATE: 4.83 (+0.14), JE: 5.20 (-0.01), VGR: 21.38 (+0.02)
General Cable uses InfinityQS ProFicient to improve supply chain-wide visibility
M2 - Thu Nov 20, 6:33AM CST
InfinityQS International, Inc., a global authority on real-time quality and Manufacturing Intelligence, announces that General Cable has improved visibility across its supply chain and decreased process variations from plant to plant by using the InfinityQS ProFicient platform. As a result, General Cable has experienced significant savings in raw material usage during one year on three production lines.
BGC: 14.82 (-0.61)
General Cable Uses InfinityQS ProFicient to Improve Supply Chain Wide Visibility
PR Newswire - Thu Nov 20, 4:43AM CST
InfinityQS International, Inc., the global authority on real-time quality and Manufacturing Intelligence, announces that General Cable has improved visibility and decreased process variations from plant to plant by using InfinityQS ProFicient. As a result, General Cable, a global leader in the development, manufacturing, design and distribution of aluminum, copper and fiber-optic wire and cable products, has experienced significant savings in raw material usage during one year on three production lines. The full case study is available for download here: http://www.infinityqs.com/case-studies/general-cable.
BGC: 14.82 (-0.61)
South African Wire and Cable Market - Trends and Forecast, 2014 - 2020
M2 - Tue Nov 18, 3:54AM CST
Research and Markets (http://www.researchandmarkets.com/research/2vwxb2/wire_and_cable) has announced the addition of the "Wire and Cable Market - South Africa Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" report to their offering. Driven by continuous growth in the infrastructure sector in South Africa, the market for wire and cable in the country was valued at USD 355.0 million in 2013 and is expected to reach USD 834.5 million by 2020, growing at a CAGR of 12% during the forecast period from 2014 to 2020. Wires and cables find application in other industries as well such as automobiles, power transmission & distribution, electronics and communication industries among others. Increasing developments in the power transmission and distribution sector has further supported the market growth. The adoption of wire and cable in communications segment has additionally supported the growth of the market. The demand for wire and cable can also be attributed to the growing demand of automobiles where the wires and cables are used in different applications. The growing automobile industry in the country has not only contributed to the growth of the wire and cable market but has also additionally supported the growth of the local cable manufacturers. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Market overview Chapter 4 South Africa Wire and Cable Market Analysis, by Voltage Chapter 5 South Africa Wire and Cable Market Analysis, by Type Chapter 6 South Africa Wire and Cable Market Analysis, by Application Chapter 7 Company Profiles Companies Mentioned: - ARB Electrical Wholesalers (Pty) Ltd. - Aberdare Cables (Pty) Limited - B & W Instrumentation and Electrical Limited - CBI - electric: African Cables (Pty) Ltd - CCG Cable Terminations Pty Ltd. - General Cable Sub - Sahara Africa - Kewberg Cables & Braids (Pty) Ltd. - Nexans Trade (Pty) Ltd. - Power Technologies (Pty) Ltd. - South Ocean Holdings Limited For more information visit http://www.researchandmarkets.com/research/2v..._and_cable
BGC: 14.82 (-0.61)
General Cable Earnings Review: 19 Days after Announcement Shares Down 1.3% (BGC)
Comtex SmarTrend(R) - Mon Nov 17, 8:31AM CST
When General Cable (NYSE:BGC) reported earnings 19 days ago on October 29th, 2014, analysts, on average, expected the company to report earnings of $0.38 on sales of $1.5 billion. General Cable actually reported earnings of $0.30 per share on sales of $1.5 billion, missing EPS estimates by $0.08 and missing revenue estimates by $39.8 million. Shares of General Cable have slipped from $14.09 to $13.91, representing a loss of 1.3%, since the company reported earnings 19 days ago.
BGC: 14.82 (-0.61)
Panduit and General Cable to Introduce PanGen(R) Industrial Automation Offering at the Automation Fair(R) Event
Business Wire - Thu Nov 13, 10:29AM CST
Panduit Corp., a world leader in network and electrical solutions, and General Cable (NYSE: BGC), a global manufacturer of aluminum, copper, and fiber optic wire and cable, will announce the launch of the PanGen(R) Industrial Automation Connectivity offering at Automation Fair, November 19 - 20, 2014 in Anaheim, CA.
BGC: 14.82 (-0.61)
Zacks' Bear Of The Day: General Cable
Zacks Investment Research - Seeking Alpha - Wed Nov 05, 12:40PM CST
Headquartered in Highland Heights, Kentucky, General Cable (NYSE: BGC ) develops, designs, manufactures, markets and distributes copper, aluminum and fiber optic wire and cable products for energy, industrial, specialty and communications markets...
BGC: 14.82 (-0.61)
3 Stocks Going Ex-Dividend Tomorrow: DHF, BGC, NSAM
at The Street - Wed Nov 05, 9:42AM CST
DHF BGC NSAM are going ex-dividend tomorrow, Thursday, November 06, 2014
BGC: 14.82 (-0.61), DHF: 3.69 (+0.03), NSAM: 22.38 (+0.15)
Affymetrix, General Cable, Citigroup, JPMorgan Chase and Bank of America highlighted as Zacks Bull and Bear of the Day
PR Newswire - Wed Nov 05, 8:30AM CST
Zacks Equity Research highlights Affymetrix (Nasdaq:AFFX-Free Report) as the Bull of the Day and General Cable (NYSE:BGC-Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis onCitigroup Inc. (NYSE:C-Free Report), JPMorgan Chase & Co. (NYSE:JPM-Free Report) and Bank of America Corp. (NYSE:BAC-Free Report).
JPM: 62.48 (unch), BGC: 14.82 (-0.61)