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Stock Market & Financial Investment News

News Breaks
July 10, 2014
08:25 EDTBGC, BGCGeneral Cable to host conference call
Conference call to discuss the company's restructuring program will be held on July 10 at 8:30 am. Webcast Link
News For BGC From The Last 14 Days
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March 18, 2015
10:00 EDTBGCOn The Fly: Analyst Downgrade Summary
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07:04 EDTBGCGeneral Cable downgraded at BB&T
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06:55 EDTBGCGeneral Cable downgraded to Hold from Buy at BB&T
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March 17, 2015
15:33 EDTBGCGeneral Cable March calls active after report of rival considering takeover bid
General Cable March 14 and 15 calls are active on total call volume of 8K contracts (1K puts) after Bloomberg said Prysmian is considering an acquisition. March call option implied volatility is at 124, April is at 95, May is at 69; compared to its 26-week average of 48 according to Track Data. Active volume suggests traders taking positions for upside price movement.
15:23 EDTBGCGeneral Cable jumps after report of rival weighing takeover bid
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15:18 EDTBGCPrysmian spokesman says no ongoing talks with General Cable, Reuters reports
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14:51 EDTBGCGeneral Cable jumps 11%, halted for volatility after report of takeover interest
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14:50 EDTBGCGeneral Cable acquisition being weighed by Prysmian, Bloomberg says

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