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General Cable Corporation (BGC) [hlAlert]

down 79.03 %

General Cable Corporation (BGC) rated Outperform by Morgan Keegan

Posted on: Wednesday,  Jun 18, 2008  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform General Cable Corporation (NYSE: BGC) on 06/18/2008, when the stock price was $67.59. Since
then, General Cable Corporation has lost 79.04% as of 12/24/2015's recent price of $14.17.
If you would have followed this Morgan Keegan's recommendation on BGC, you would have lost 79.03% of your investment in 2745 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.

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/18/2008 8:25 AM Buy
as of 12/24/2008
1 Week down  -0.82 %
1 Month up  28.66 %
3 Months up  53.80 %
1 YTD down  -62.61 %

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