The two companies said they had entered into a "definitive merger agreement" under which Prysmian would acquire General Cable for $30 a share in cash.
BGC's overall volume in the last trading session was 28,719,886 shares. Hartford Invest Mgmt Company owns 10,240 shares or 0% of their United States portfolio. The 52-Week High range of the stock is $29.75, while the 52-week low range is $14.95. The company's market cap is $1.47 Billion, and the average volume is $1.03 Million.
Chester Bennington Toxicology Report Shows Alcohol & Ecstasy in Linkin Park Singer's System
Tragic rocker Chester Bennington had consumed alcohol and taken ecstasy in the lead up to his suicide, coroners have found. The Linkin Park frontman had battled depression and alcoholism throughout his life and spent time in rehab in 2006.
More notable recent General Cable Corporation (NYSE:BGC) news were published by: Livetradingnews.com which released: "General Cable Corporation (NYSE:BGC) Skyrockets Up Over 35% Pre-Market" on December 04, 2017, also Streetinsider.com with their article: "Pre-Open Movers 12/04: (BGC) (EXAC) (ZYNE) Higher; (MZOR) (FNSR) (CVS) Lower ..." published on December 04, 2017, Benzinga.com published: "30 Stocks Moving In Monday's Pre-Market Session" on December 04, 2017.
General Cable Corporation (BGC) has a Return on Assets of -7.8 percent, Return on Investment of -1.3 percent and a Return on Equity of -126.8 percent. Hedge funds and other institutional investors own 98.38% of the company's stock. Past 5 years growth of General Cable Corp (NYSE:BGC) observed at -24.02%, looking forward for the next 5 years it has a strong prediction of 10% over growth. The third largest holder is Victory Capital Management Inc, which now holds $71.78 million worth of this stock and that ownership represents almost 4.88% of its market capitalization. For the most recent quarter, quick ratio was 1.1, current ratio was 2, LT Debt/Equity ratio was 8.62 and Total Debt/Equity ratio stands at 9.08, while Payout ratio is 0. At present, 0 analysts call it Sell, while 1 think it is Hold.
Selena Gomez Made Her Instagram Private, and People Are Very Confused
"It was a gift, and at first I thought, "This is so ridiculous, I can't wait until I give it away to another person'". Just after the quote, Billboard added, "But Gomez hasn't let go of it-yet".
Shares in Prysmian initially fell more than 3 percent as the hefty premium spooked investors, but quickly recovered after executive comments on promised synergies from the deal.
Extraction Oil & Gas, Inc. CL King initiated the stock with "Neutral" rating in Thursday, December 1 report. 27, 2016. The company's shares were assimilated at $13.86 per share worth to an investment of some $1,386 on account of Welsh John E Iii. Earnings surprises can have a huge impact on a company's stock price. News Corporation (NASDAQ:NWSA), at its latest closing price of $16.20, it has a price-to-book ratio of 0.86, compared to an industry average at 2.79. The PEG ratio shows us that, when compare to the beer company, the always-popular tech company doesn't have the growth rate to justify its higher P/E, and its stock price appears overvalued. With an institutional ownership near 91.8%, it carries an earnings per share ratio of -1.73. The average analysts gave this company a mean recommendation of 2.50. The stock is a Buy among 5 brokerage firms polled by Factset Research.
New year will likely bring higher gas prices
The most expensive gas price averages in Georgia were in Savannah at $2.39 per gallon, Atlanta at $2.36 and Brunswick at $2.36. Nevertheless, federal data show domestic demand is lower, which has supported a slight drop in gas prices so far in December.
When we look at the Analyst Recommendations of the stock, the company has 2.79 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. 0 analysts call it Underweight, while 6 think it is Overweight.