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General Cable Corp (BGC)

BGC on New York Consolidated

19.75USD
8 Dec 2016
Change (% chg)

$0.10 (+0.51%)
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Latest Key Developments (Source: Significant Developments)

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

General Cable Corp announces planned CFO transition
Monday, 21 Mar 2016 04:59pm EDT 

General Cable Corp:Says Brian J. Robinson, Executive Vice President and Chief Financial Officer, will leave the company pending the identification of a successor and a suitable transition period.Says has retained Heidrick & Struggles to assist in a search for a replacement CFO.  Full Article

General Cable Corp declares dividend
Thursday, 22 Oct 2015 04:20pm EDT 

General Cable Corp:Declared a quarterly dividend of $0.18 per share on all outstanding common shares.Dividend is payable on November 27, 2015, to all common shareholders of record at the close of business on November 9, 2015.  Full Article

General Cable completes sale of Thailand Operations
Monday, 31 Aug 2015 04:20pm EDT 

General Cable:Completed the sale of its Thailand operations to MM Logistics Co. Ltd. for cash consideration of approximately $88 million.Closing of the sale of the Thailand operations is the first of a two-step closing process.Expects the second closing to complete the sale of the remaining Asia Pacific operations including China, New Zealand and Australia to occur at the end of September, subject to customary closing conditions.Proceeds will be used to reduce outstanding borrowings and pay related fees and expenses.  Full Article

General Cable Corp gives Q3 2015 outlook; revenue outlook below analysts' estimates
Wednesday, 5 Aug 2015 04:20pm EDT 

General Cable Corp:Expects Q3 2015 Revenues to be in the range of $0.975 to $1.025 billion.Expects Q3 2015 Adjusted operating income to be in the range of $25 to $40 million.Expects Q3 2015 Adjusted earnings per share to be in the range of $0.02 to $0.22 per share.Q3 2015 revenue of $1.031 bln, EBIT of $39 mln and EPS of $0.20 - Thomson Reuters I/B/E/S.  Full Article

General Cable Corporation declares dividend
Tuesday, 28 Jul 2015 04:20pm EDT 

General Cable Corporation:Declared a quarterly dividend of $0.18 per share on all outstanding common shares.The dividend is payable on September 4, 2015, to all common shareholders of record at the close of business on August 17, 2015.  Full Article

General Cable Corp announces agreement to sell its Asia pacific operations
Thursday, 25 Jun 2015 04:20pm EDT 

General Cable Corp:Deal for about $205 million.Says proceeds are expected to be used to reduce outstanding borrowings and pay related fees and expenses.Says reached a definitive agreement to sell its Asia pacific operations to mm logistics co., ltd.Upon completion of sale, co will have generated about $293 million of cash proceeds from divestiture program.Sale inculdes preliminary estimated net cash of $30 million available at the closing of the purchased businesses.  Full Article

BRIEF-General Cable reduces aggregate commitments of lenders by $300 mln

* On November 8, provided notice to permanently reduce aggregate commitments under amended and restated credit agreement - SEC filing