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General Cable Corporation (BGC) [hlAlert]

down 76.64 %

General Cable Corporation (BGC) rated Buy with price target $78 by Sterne Agee

Posted on: Thursday,  Mar 27, 2008  8:25 AM ET by Sterne Agee

Sterne Agee rated Buy General Cable Corporation (NYSE: BGC) on 03/27/2008, when the stock price was $60.68. Since
then, General Cable Corporation has lost 76.65% as of 12/24/2015's recent price of $14.17.
If you would have followed this Sterne Agee's recommendation on BGC, you would have lost 76.64% of your investment in 2828 days.

General Cable Corporation is engaged in developing, designing, manufacturing, marketing, distributing and installing copper, aluminum and fiber optic wire and cable products. The Company operates in three segments based on geographic regions: North America, which primarily consists of operations in the United States and Canada; Europe and North Africa, and Rest of World (ROW), which consists of operations in Latin America, Sub-Saharan Africa, Middle East and Asia Pacific. The products of the Company include electric utility products, electrical infrastructure products, construction products, communication products and rod mill products. On May 21, 2008, the Company entered a joint venture for majority ownership of E.P.E / EN.I.CA.BISKRA/SPA (Enica Biskra). In August 2009, it acquired Gepco International, Inc. and Isotec, Inc. (collectively, Gepco). Gepco is a manufacturer and provider of cabling solutions for the professional broadcast and entertainment markets.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2008 8:25 AM Buy
60.68 78.00
as of 12/24/2008
1 Week down  -0.82 %
1 Month up  28.66 %
3 Months up  53.80 %
1 YTD down  -58.35 %

(*) Stock Price at the time of the recommendation.
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