Belden Reports Second Quarter 2015 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Belden (BDC) Outlook Lowered to Negative by S&P; Sees Challenges to Reducing Leverage
July 31, 2015 11:50 AM EDTStandard & Poor's Ratings Services revised its outlook to negative from stable and affirmed its 'BB' corporate credit rating on St. Louis-based Belden (NYSE: BDC).
Our issue-level and recovery ratings on the company's secured and subordinated debt are unchanged.
"The outlook revision reflects our view that headwinds in Belden's broadcast and industrial segments may preclude the company from reducing leverage to less than 4x during the... More
Belden (BDC) Tops Q2 EPS by 2c
July 29, 2015 7:59 AM EDTBelden (NYSE: BDC) reported Q2 EPS of $1.21, $0.02 better than the analyst estimate of $1.19. Revenue for the quarter came in at $585.8 million versus the consensus estimate of $608.44 million.
Belden sees FY2015 EPS of $4.70-$4.90, versus the consensus of $5.30. Belden sees FY2015 revenue of $2.36-2.39... More
