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07/30/14General Cable Reports Second Quarter Results
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jul. 30, 2014-- General Cable Corporation (NYSE: BGC) reported today results for the second quarter ended June 27, 2014. For the second quarter of 2014, excluding certain items, the Company recorded adjusted income per share of $0.29 and adjusted operating income of $57 million. For the second quarter of 2014, reported loss per share was ($0.51) and reported operating income was $14 million. A reconciliation of adj... 
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07/29/14General Cable Announces Board of Directors Appointment
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jul. 29, 2014-- General Cable Corporation (NYSE: BGC), announced today that its Board of Directors appointed Mr. Ned Hall to serve as an independent director of the Company until he stands for election at the 2015 Annual Meeting of Stockholders and until his successor is duly appointed and qualified. Mr. Hall will serve on the Board’s Nominating and Governance Committee. The appointment of Mr. Hall fills the vacanc... 
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07/28/14General Cable Declares Dividend
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jul. 28, 2014-- 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 September 5, 2014, to all common shareholders of record at the close of business on August 18, 2014. General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in the development, design... 
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07/23/14General Cable Completes Exchange Offer
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jul. 23, 2014-- General Cable Corporation (NYSE: BGC) (the “Company”) today announced that it has completed its offer (the “Exchange Offer”) to exchange up to $600,000,000 aggregate principal amount of its outstanding 5.750% Senior Notes due 2022 which were issued in a private placement transaction on September 25, 2012 (the “Old Notes”) for a like principal amount of its 5.750% Senior Notes due 2022 which have bee... 
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07/09/14General Cable Announces Restructuring Program
Expects to Generate Approximately $75 Million in Annual Savings Revises 2014 Adjusted Operating Income Guidance to $200-$230 Million HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jul. 9, 2014-- General Cable Corporation (NYSE: BGC) (the “Company”) today announced it is implementing a restructuring program designed to improve profitability and return on invested capital in each of its three reportable segments. The restructuring program, which build... 
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06/18/14General Cable Commences Registered Exchange Offer for Its 5.750% Senior Notes Due 2022
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jun. 18, 2014-- General Cable Corporation (NYSE: BGC) (the “Company”) today announced the commencement of an offer to exchange up to $600,000,000 aggregate principal amount of its outstanding 5.750% Senior Notes due 2022 (the “Old Notes”) for the same principal amount of 5.750% Senior Notes due 2022 (the “New Notes” and, together with the Old Notes, the “Notes”), which have been registered under the Securities Act ... 
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05/15/14General Cable Declares Dividend
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--May 15, 2014-- 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 June 27, 2014, to all common shareholders of record at the close of business on June 9, 2014. General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in the development, design, manufa... 
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05/06/14General Cable Announces Leadership Transition in Europe & Mediterranean Business
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--May 6, 2014-- General Cable Corporation (NYSE: BGC) announced today the appointment of Robert (Bob) Kenny as President and Chief Executive Officer of General Cable Europe and Mediterranean, effective August 1st. Bob will succeed Emmanuel Sabonnadiere, who will remain with the Company through July 31st. Emmanuel will assist Bob in the transition and will continue to represent the Company in certain of its business ... 
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04/30/14General Cable Reports First Quarter Results
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Apr. 30, 2014-- General Cable Corporation (NYSE: BGC) reported today results for the first quarter ended March 28, 2014. For the first quarter of 2014, excluding certain items, the Company recorded adjusted loss per share of ($0.05) and adjusted operating income of $27 million. For the first quarter of 2014, reported loss per share was ($6.42) and reported operating loss was ($237) million. A reconciliation of adju... 
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04/17/14General Cable Comments on Venezuelan Currency Exchange System
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Apr. 17, 2014-- General Cable Corporation (NYSE: BGC) announced today that based on recent changes to the Venezuelan currency exchange system, the Company is changing the exchange rate used to remeasure its Venezuelan subsidiary’s financial statements. The Company has decided to use the exchange rate determined by periodic auctions for U.S. dollars conducted under Venezuela’s Complementary System of Foreign Currenc... 
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04/10/14General Cable Corporation to Webcast Discussion of its First Quarter 2014 Results
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Apr. 10, 2014-- General Cable Corporation (NYSE: BGC) will webcast a discussion of its first quarter 2014 earnings on Thursday, May 1, 2014 at 8:30 a.m. ET. Chief Executive Officer Gregory B. Kenny and Chief Financial Officer Brian J. Robinson will discuss the first quarter results. The news release detailing the results will be issued after the market closes on Wednesday, April 30, 2014. Media and i... 
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04/02/14General Cable Announces Decision by European Commission in Power Cables Case
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Apr. 2, 2014-- General Cable Corporation (NYSE: BGC) announced today that the European Commission has issued a decision on the liability of producers of submarine and underground high voltage power cables for infringement of European competition law. The Power Cables Case was initiated by a Statement of Objections or preliminary complaint in June 2011 addressed to twelve (12) company groups involving twenty-seven (... 
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03/27/14General Cable Updates First Quarter Outlook
Expects lower first quarter adjusted operating income principally due to uncertainty in Venezuela, extreme weather in North America and lower copper prices Adjusted operating income for 2014 anticipated to be at around the low end of previous range of $260 to $320 million Repurchased 2% of common shares or $31 million in the first quarter HIGHLAND HEIGHTS, KENTUCKY, March 27, 2014 – General Cable Corporation (NYSE: BGC) announced today first quarter adjusted operating income is expected to b... 
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03/20/14General Cable Announces Leadership Transition in Europe & Mediterranean Business
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Mar. 20, 2014-- General Cable Corporation (NYSE: BGC) announced today that Emmanuel Sabonnadiere, Executive Vice President, President and Chief Executive Officer, Europe & Mediterranean, will transition from his current position for a period of up to six months. The Company has launched a formal search for a successor and Mr. Sabonnadiere will continue in his current position under his current contract during t... 
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03/12/14General Cable to Host Investor Day on April 3, 2014
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Mar. 12, 2014-- General Cable Corporation (NYSE: BGC) will host an Investor Day from 1:00 p.m. to 5:00 p.m. on Thursday, April 3, 2014 at The Grand Hyatt in New York City. Gregory B. Kenny, Chief Executive Officer, Brian J. Robinson, Chief Financial Officer and other members of senior management will host the meeting. John E. Welsh, III, Non-executive Chairman, and senior management will ... 
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02/18/14General Cable Announces the Planned Retirement of Robert J. Siverd, General Counsel; Company Commences Search for Successor
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Feb. 18, 2014-- General Cable Corporation (NYSE: BGC) announced today that Robert J. Siverd plans to retire from his role as Executive Vice President, General Counsel and Secretary of the Company upon the successful completion of an executive search. John E. Welsh, III, Non-executive Chairman, said, “On behalf of the Board of Directors and the General Cable management team, I want to thank Bob for hi... 
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02/12/14General Cable Reports Fourth Quarter Results Exceeded Expectations
HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Feb. 12, 2014-- General Cable Corporation (NYSE: BGC) reported today results for the fourth quarter ended December 31, 2013. For the fourth quarter of 2013, excluding certain items, the Company generated adjusted earnings per share of $0.36 and adjusted operating income of $70 million. For the fourth quarter of 2013, reported earnings per share were $0.27 and reported operating income was $65 million. A reconciliat... 
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01/21/14General Cable Files Restated Financial Statements
Announces Webcast Discussion of Its Fourth Quarter 2013 Results To Host Investor Day on April 3, 2014 in New York HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--Jan. 21, 2014-- General Cable Corporation (NYSE: BGC) announces that it filed its restated financial statements today with the Securities and Exchange Commission including amendments to its Quarterly Reports on Forms 10-Q/A for the fiscal quarters ended March 30, 2012, June 29, 2012, Septemb... 
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