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General Cable Corp (BGC.N)

BGC.N on New York Stock Exchange

16.90USD
26 May 2017
Change (% chg)

$0.05 (+0.30%)
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$16.85
Open
$16.85
Day's High
$17.05
Day's Low
$16.45
Volume
130,658
Avg. Vol
127,765
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$20.80
52-wk Low
$11.68

Latest Key Developments (Source: Significant Developments)

General Cable extends senior secured credit facility maturity to 2022
Thursday, 25 May 2017 04:20pm EDT 

May 25 (Reuters) - General Cable Corp :General cable announces senior secured credit facility maturity extended to 2022.General cable corp - ‍amended its existing $700 million asset-based revolving credit facility extending its maturity date to 2022​.General cable corp- senior secured credit facility provides company with ability to increase facility size in future by up to $250 million.General cable corp - ‍portions of senior secured credit facility will be available for issuance of letters of credit​.  Full Article

General Cable Q1 adjusted earnings per share $0.27
Wednesday, 3 May 2017 04:20pm EDT 

May 3 (Reuters) - General Cable Corp ::General cable reports first quarter 2017 results.Q1 adjusted earnings per share $0.27.Q1 earnings per share $0.24.Sees Q2 adjusted earnings per share $0.15 to $0.30.Sees Q2 revenue $925 million to $975 million.Expect to see improvement in Europe through remainder of 2017.Maintain a positive outlook on our ability to execute against our roadmap in 2017.Reported diluted earnings per share are anticipated to be in range of $0.05 to $0.20 per share in q2 2017.  Full Article

General Cable Q4 loss per share $2.10
Wednesday, 8 Feb 2017 04:20pm EST 

General Cable Corp : General Cable reports fourth quarter 2016 results . Q4 adjusted earnings per share $0.05 . Q4 loss per share $2.10 . Sees Q1 adjusted earnings per share $0.05 to $0.20 . Sees Q1 revenue $850 million to $900 million . General Cable Corp - Q1 unit volume is anticipated to be up low-single digits year over year . General cable corp - qtrly net sales $ 910.0 million versus $ 952.9 million .Sees Q1 reported loss per share $0.05 to $+0.10.  Full Article

General Cable sets quarterly dividend of $0.18 per share
Tuesday, 31 Jan 2017 04:20pm EST 

General Cable Corp :Sets quarterly dividend of $0.18 per share.  Full Article

General Cable says EVP Robert Kenny to leave
Thursday, 26 Jan 2017 04:59pm EST 

General Cable Corp : General Cable Corp - on Jan 26 co announced Robert D. Kenny, executive vice president, chief executive officer, Europe and Africa, will be leaving . General Cable Corp - company is conducting a search for an executive to lead company's Europe and Africa business .General Cable Corp - pending hire of new executive, Michael T. Mcdonnell, president, CEO, assumed direct responsibility for Europe and Africa business.  Full Article

General Cable reduces aggregate commitments of lenders by $300 mln
Tuesday, 15 Nov 2016 04:29pm EST 

General Cable Corp - : On November 8, provided notice to permanently reduce aggregate commitments under amended and restated credit agreement - SEC filing .Notice reduces, effective November 15, 2016, aggregate commitments of lenders by $300 million.  Full Article

General Cable says CEO of Americas Gregory Lampert to leave company
Thursday, 18 Aug 2016 04:34pm EDT 

General Cable Corp : Gregory Lampert, executive vice president, president and Chief Executive of Americas will be leaving company . Conducting an external search for an executive to lead company's North America business .General cable = pending hire of new executive, Michael Mcdonnell, president and CEO assumed direct responsibility for North America busines.  Full Article

General Cable Q2 adjusted EPS $0.30 from continuing operations
Wednesday, 3 Aug 2016 04:20pm EDT 

General Cable Corp : Q2 adjusted earnings per share $0.30 from continuing operations . Sees q3 adjusted earnings per share $0.10 to $0.30 . General cable reports second quarter 2016 results . Q2 earnings per share $0.68 from continuing operations . Sees q3 revenue $900 million to $950 million . General cable corp says kreidler will replace brian robinson . General cable corp says company's search, with assistance of heidrick & struggles, for a permanent replacement cfo is advancing . Q3 earnings per share view $0.35, revenue view $953.6 million -- Thomson Reuters I/B/E/S . General cable corp says board of directors named chris kreidler to serve as interim chief financial officer, effective august 12, 2016 .General cable corp says also expect normal seasonal slowing in european businesses and further easing of subsea turnkey project business.  Full Article

General Cable to sell North American automotive ignition wire business
Monday, 23 May 2016 06:00pm EDT 

General Cable Corp : General cable announces agreement to sell its north american automotive ignition wire business . General cable corp says deal valued at approximately $71 million . Proceeds will be used to reduce outstanding borrowings. .To sell its north american automotive ignition wire business to standard motor products.  Full Article

General Cable sets quarterly dividend of $0.18 per share
Thursday, 19 May 2016 04:20pm EDT 

General Cable Corp :Sets quarterly dividend of $0.18 per share.  Full Article

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BRIEF-General Cable extends senior secured credit facility maturity to 2022

* General cable announces senior secured credit facility maturity extended to 2022