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Belden Inc (BDC.N)

BDC.N on New York Stock Exchange

69.12USD
23 May 2017
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Latest Key Developments (Source: Significant Developments)

Riverside Partners to sell Thinklogical to Belden
Thursday, 4 May 2017 12:29pm EDT 

May 4 (Reuters) - Riverside Partners: :Riverside Partners announces definitive agreement to sell Thinklogical to Belden.Riverside Partners says Transaction is expected to close in Q2 2017.  Full Article

Belden Ins to acquire Thinklogical for $160 mln
Thursday, 4 May 2017 10:00am EDT 

May 4 (Reuters) - Belden Inc :Belden enters definitive agreement to acquire Thinklogical for $160 million.Belden Inc- deal accretive to gaap and adjusted earnings per diluted share by approximately $0.04 and $0.27, respectively.Belden Inc - transaction will be financed with cash on hand and is expected to close in q2 2017.  Full Article

Belden reports Q1 earnings per share $0.40
Wednesday, 3 May 2017 07:30am EDT 

May 3 (Reuters) - Belden Inc -:Belden reports solid results for first quarter 2017.Sees Q2 2017 adjusted earnings per share $1.15 to $1.25.Sees FY 2017 adjusted earnings per share $4.95 to $5.20.Sees FY 2017 gaap earnings per share $3.31 to $3.56.Sees Q2 2017 gaap earnings per share $0.70 to $0.80.Q1 adjusted earnings per share $0.92.Q1 earnings per share $0.40.Sees Q2 2017 revenue $595 million to $615 million.Sees FY 2017 revenue $2.355 billion to $2.405 billion.Q1 revenue $551.4 million versus i/b/e/s view $551.1 million.Q1 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Belden Inc- on track to meet commitments for full year 2017.Belden Inc sees q2 adjusted earnings per share $1.15 - $1.25.Q2 earnings per share view $1.13, revenue view $600.3 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $5.07, revenue view $2.39 billion -- Thomson Reuters I/B/E/S.  Full Article

Laster Tech announces 2016 dividend payment
Sunday, 26 Mar 2017 11:33pm EDT 

Laster Tech Corp Ltd <3346.TW>: Says it will use undistributed profit to pay cash dividends of T$ 3.0 per share to shareholders for 2016 .To pay cash dividend of T$ 204.9 million in total.  Full Article

Belden Q4 adjusted earnings per share $1.42
Thursday, 2 Feb 2017 07:30am EST 

Belden Inc : Belden reports results for fourth quarter and full year 2016 . Q4 adjusted earnings per share $1.42 . Q4 earnings per share $0.59 . Q4 revenue $612.4 million versus i/b/e/s view $615.8 million . Q4 earnings per share view $1.40 -- Thomson Reuters I/B/E/S . Qtrly revenue $612.4 million versus $597.2 million . Q4 revenue view $615.8 million -- Thomson Reuters I/B/E/S . Sees Q1 2017 adjusted earnings per share $0.83 to $0.93 . Q1 earnings per share view $0.93 -- Thomson Reuters I/B/E/S . Belden inc says expects Q1 2017 GAAP and adjusted revenues to be $540 - $560 million . Sees Q1 2017 GAAP earnings per share $0.41 to $0.51 . Q1 revenue view $554.6 million -- Thomson Reuters I/B/E/S . Belden Inc says for full year ending December 31, 2017, company expects GAAP and adjusted revenues to be $2.355 - $2.405 billion . Sees FY 2017 adjusted earnings per share $4.95 to $5.20 . Sees FY 2017 GAAP earnings per share $3.35 to $3.60 .FY 2017 revenue view $2.41 billion -- Thomson Reuters I/B/E/S.  Full Article

Belden Inc says to divest mobile machine control solutions business
Thursday, 26 Jan 2017 04:02pm EST 

Belden Inc : Belden Inc - buyer WIKA Group will pay consideration of approximately $39 million for deal . Belden agrees to divest its mobile machine control solutions business . Belden Inc - company now expects full-year 2017 GAAP and adjusted revenues to be $2.355 - $2.405 billion . Belden Inc - now expects full-year 2017 GAAP and adjusted revenues to be $2.355 - $2.405 billion . Belden Inc- on an adjusted basis, FY 2017 EPS is expected to be in range of $4.95 - $5.2 . Now expects full-year 2017 GAAP and adjusted revenues to be $2.355 - $2.405 billion . On an adjusted basis, EPS is expected to be in range of $4.95 - $5.20 in 2017 . Belden Inc - now expects full-year 2017 GAAP EPS to be $3.38 - $3.63 . Belden Inc says buyer, WIKA Group will pay consideration of approximately $39 million . FY2017 earnings per share view $5.18, revenue view $2.43 billion -- Thomson Reuters I/B/E/S .Belden -reached an agreement in principle to sell its mobile machine control solutions business, including a 50% interest in a Chinese joint venture.  Full Article

Digi International comments on latest letter from Belden Inc.
Tuesday, 6 Dec 2016 12:20pm EST 

Digi International : Co stated that Board, with independent financial, legal advisors, has reviewed, rejected Belden's proposal on multiple occasions . Given that Belden's latest letter reiterates same proposal, Co stated that "there is no basis for discussions between two companies" .Digi International comments on latest letter from Belden Inc..  Full Article

Belden reiterates proposal to acquire Digi International
Tuesday, 6 Dec 2016 09:01am EST 

Belden Inc : Belden submits additional letter to Digi International Inc regarding potential acquisition . Belden Inc - reiterates proposal to acquire Digi International for $13.82 per share in cash . Belden Inc - acquisition would be fully funded with existing cash reserves and therefore is not subject to any financing contingency . Belden - "Digi's management and board of directors have remained unwilling to respond or engage in discussions with Belden" regarding potential deal . Belden - if Digi continues to ignore co's requests for meeting and/or refuse to engage in discussions, prepared to pursue alternative paths to complete deal .Belden Inc - "believes this proposal to be a full and fair offer".  Full Article

Belden announces Eur200 mln private offering of subordinated notes
Tuesday, 4 Oct 2016 02:00am EDT 

Belden Inc : Belden announces eur200 million private offering of senior subordinated notes . Intends to offer eur200 million in aggregate principal amount of senior subordinated notes due 2026 .Intends to use net proceeds of notes offering and cash on hand to repay in full and terminate its term loan credit agreement..  Full Article

Belden Q2 earnings per share $0.98
Tuesday, 19 Jul 2016 07:30am EDT 

Belden Inc : Q3 earnings per share view $1.39, revenue view $595.0 million -- Thomson Reuters I/B/E/S . FY2016 earnings per share view $5.32, revenue view $2.34 billion -- Thomson Reuters I/B/E/S . For full year ending December 31, 2016, company now expects adjusted revenues to be $2.355 - $2.385 billion . Belden reports solid growth for second quarter 2016 . Sees Q3 2016 adjusted earnings per share $1.35 to $1.45 . Sees Q3 2016 earnings per share $0.66 to $0.76 . Sees Q3 2016 revenue $593 million to $613 million . Sees FY 2016 revenue $2.348 billion to $2.378 billion . Sees FY 2016 adjusted earnings per share $5.50 to $5.70 . Sees FY 2016 earnings per share $3.23 to $3.43 . Q2 adjusted earnings per share $1.54 . Q2 earnings per share $0.98 . Q2 revenue $601.6 million versus I/B/E/S view $582.3 million .Q2 earnings per share view $1.26 -- Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Belden rescinds proposal to acquire Digi International

* Belden rescinds proposal to acquire Digi International Inc.