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News Article | May 18, 2017
Site: www.prweb.com

PharmaSmart International Inc., a Rochester, N.Y. based, “Inc. 5000” company, and Chain Drug Review, the leading publication in the retail pharmacy sector, recently concluded a yearlong initiative to improve patient blood pressure control. In February 2016, the PharmaSmart and Chain Drug Review kicked off the “Lower My Blood Pressure” challenge, which featured a yearlong competition to determine which pharmacies could a) enroll the most patients into PharmaSmart’s Smart Card tracking program, and b) demonstrate the greatest improvement in average blood pressure rates among enrolled patients. Participating pharmacists enrolled into the contest through Chain Drug Review’s website (http://www.chaindrugreview.com) or PharmaSmart (http://www.PharmaSmart.com). Apple Discount Drugs on Fruitland Blvd in Salisbury, MD, was the Grand Prize Winner, earning them an all-expense paid trip for two to Miami, FL. Apple Discount Drugs saw the greatest overall improvement in blood pressure control, with an average reduction of 16 mmHg systolic, and 6 mmHg diastolic. “We are honored as we strive to make an impact on patient health,” said Jeff Sherr, Apple Discount Drugs. Further analysis by PS DataSmart®, (PharmaSmart’s health data resource center generating more than one million new readings per month), determined the following winners based on strong patient enrollment into the PharmaSmart clinical program: Brookshire Grocery Co.’s Pharmacy #90 in Robinson TX, earned 1st place, followed by Brookshire’s Pharmacy #34 in Monroe LA, and Brookshire’s Pharmacy #62 in Ashdown AR, respectively. Brookshire’s is a leading regional grocer across Louisiana, Arkansas and Texas “We are thrilled that our pharmacy staff from each winning location volunteered to enter into the ‘Lower My Blood Pressure’ contest. PharmaSmart is a company exclusively focused on helping pharmacists target uncontrolled cases of hypertension. Kudos to both companies for driving such a critical initiative nationwide,” said Jim Cousineau, SVP Operations, Brookshire Grocery Co.. “PharmaSmart® offers pharmacists a credible, accessible, low-cost solution for controlling blood pressure that is backed by evidence and trusted by both physicians and payer networks,” said Ashton S. Maaraba, PharmaSmart Chief Operations Officer, “Because of this strong clinical positioning, pharmacists can coordinate hypertension care with local physicians, and they can confidently recommend the program to their patients.” Fred W. Sarkis, PharmaSmart President and CEO added, “PharmaSmart is focused on building the clinical credibility of our retail clients. That process starts with building trust. For example, a pharmacist can’t rely upon an unverified blood pressure kiosk to deliver clinically actionable data, especially when the issue of unverified kiosks has been called out in multiple professional guidelines, and published editorials. Doing so is a breach of trust between the pharmacist and the prescribing physician and can be dangerous to their patients. Clinical program success depends on the delivery of trustworthy data, within standard workflow, at the pharmacy point of care. Program success also depends on delivering patient outcome metrics that show long-term value. This is what differentiates PharmaSmart. We are proud to see so many pharmacists embracing the challenge of hypertension control, and taking this big step toward an expanded scope of practice.” Jeffrey Woldt, vice president and editorial director of Racher Press Inc., the publisher of Chain Drug Review, commented, “We were very excited to have partnered with PharmaSmart on such a unique collaboration and look forward to continuing our part in generating awareness across community pharmacy about the importance of controlling hypertension.” About PharmaSmart® PharmaSmart®, headquartered in Rochester, N.Y., currently serves more than 6,500 locations, including such retail pharmacies as, Giant Eagle, Brookshire Grocery Company. (BGC), Kinney Drugs, Coborn, Bartell Drugs, Sav-MorRx/Sav-On Drugs, Nash Finch, Roundy’s/Mariano’s, Associated Food Stores, Leader, McKesson Health Mart, Good Neighbor, Astrup Drug, Winn Dixie, Big Y Foods, Harmons Grocery, Wal-Mart Canada, Safeway Canada, Price Chopper, Loblaw’s, Le Groupe Jean Coutu, Shoppers Drug Mart, Rexall/Katz Group, Sobeys/Lawtons. PharmaSmart® also serves major worksites, military bases, university schools pharmacy, hospitals and medical clinics. PharmaSmart’s PS DataSmart® Health IT database currently holds more than 40 million targeted patient blood pressure readings. PharmaSmart® biometric screening technology and Health IT Systems will serve as the driver for generating and streaming patient readings to a secure, HIPPA-compliant data center. Qualified clinicians will assess confidential data throughout the one-year duration of the program. For more information visit the company's website at http://www.PharmaSmart.com. About Chain Drug Review Published by Racher Press Inc., Chain Drug Review is the leading newspaper reporting on the retail pharmacy industry and the companies that interact with it, including prescription pharmaceutical makers, front-end suppliers, drug distributors and technology vendors. For more information visit the publication’s website at http://www.chaindrugreview.com.


The webcast archives will be available for 365 days, beginning June 7, 2017. About BGC Partners, Inc. BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. The Company's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. Through brands including FENICS, BGC Trader, Capitalab, Lucera, and FENICS Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, NGKF Valuation & Advisory, and Excess Space. Under these names and others, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow the Company at https://twitter.com/bgcpartners and/or https://www.linkedin.com/company/bgc-partners. BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized Facility Integration, Landauer, Lucera, and Excess Space, Excess Space Retail Services, Inc., and Grubb are trademarks/service marks, and/or registered trademarks/service marks and/or service marks of BGC Partners, Inc. and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited. Discussion of Forward-Looking Statements about BGC Partners Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bgc-partners-to-present-at-sandler-oneills-global-exchange-and-brokerage-conference-on-june-7-2017-300459667.html


NEW YORK--(BUSINESS WIRE)--BTIG, LLC announced today that Gareth Thomas has joined the firm’s Foreign Exchange (FX) Trading Group. Based in New York, Mr. Thomas will drive the development of BTIG’s electronic foreign exchange platform, TradeSave FX, a low-touch technology for advanced direct market access. “Gareth joins us following a distinguished career within foreign exchange trading,” said Anton LeRoy, Chief Operating Officer of BTIG. “His broad range of experience includes client coverage for premier institutional asset owners sourcing liquidity and building FX aggregation technology.” Mr. Thomas joins BTIG as a Director of TradeSave FX. Prior to BTIG, he was a Sales Director at FastMatch, where he developed, maintained and strengthened client relationships within the electronic FX market. Previously, Mr. Thomas was Head of Foreign Exchange Trading at Mint, a division of BGC Capital. Earlier in his career, he held similar roles at GFT/Gain Capital, Crédit Lyonnais and NatWest Treasury in New York, London and Copenhagen. “BTIG’s Foreign Exchange Trading Group continues to add value by offering clients a unique set of tools and resources to access global FX liquidity,” said Alan Circle, Co-Head of Foreign Exchange Trading at BTIG. “Gareth will continue to build upon the success of the group to date and push the TradeSave FX product forward for clients looking for a low-touch solution.” TradeSave FX is an attractive offering for banks, hedge funds, CTAs and other institutions. With direct access to competitive and multi-dealer spot FX prices, the technology provides advanced order matching and liquidity aggregation around the clock. It also includes a comprehensive suite of FX algorithms and order types, and is accessible via multiple GUI and API solutions. “Coupled with our high-touch FX capabilities, the TradeSave FX platform enhances our FX offering for clients,” said Martin Ferraro, Co-Head of Foreign Exchange Trading at BTIG. “Gareth is a welcome addition as we bolster our team to address client demand.” BTIG’s TradeSave FX offers institutional traders high-performance technology, access to deep pools of bank and non-bank liquidity and true price competition with full depth of book display for low-touch FX executions. The firm’s platform provides a gateway to the growing spot marketplace with anonymous execution of spot currency pairs and contingency orders, including stops and limits while also supporting client-to-client trading. BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 500 employees, BTIG, LLC and its affiliates operate out of 14 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs, fixed income (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global sales, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more. Disclaimer: https://www.btig.com/Disclaimer.aspx


News Article | May 18, 2017
Site: www.businesswire.com

HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) announced today that its Board of Directors declared a quarterly dividend of $0.18 per share on all outstanding common shares. The dividend is payable on June 30, 2017, to all common shareholders of record at the close of business on June 9, 2017. General Cable (NYSE:BGC) is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, and communications markets. For more information about General Cable visit our website at www.generalcable.com.


A live audio webcast of the event will be available at 1:30 p.m. ET on Wednesday, June 7, 2017 at the following sites: The webcast archives will be available for 365 days, beginning June 7, 2017. About BGC Partners, Inc. BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. The Company's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. Through brands including FENICS, BGC Trader, Capitalab, Lucera, and FENICS Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, NGKF Valuation & Advisory, and Excess Space. Under these names and others, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow the Company at https://twitter.com/bgcpartners and/or https://www.linkedin.com/company/bgc-partners. BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized Facility Integration, Landauer, Lucera, and Excess Space, Excess Space Retail Services, Inc., and Grubb are trademarks/service marks, and/or registered trademarks/service marks and/or service marks of BGC Partners, Inc. and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited. Discussion of Forward-Looking Statements about BGC Partners Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K.


News Article | May 16, 2017
Site: www.prlog.org

--Retaining records will cost a company Php 294,000 when stored in a central business district (CBD) like Makati, Ortigas and the BGC.We have updated our cost calculation for retaining BIR and financial records.  The amounts are staggering.It is worth your time to check out your costs.  Its easy! Calculate space, power and dues associated with your storage space.Store documents in a cheaper offsite location, just make sure you protect it the elements and infestation.  Better yet use the services of a Records Management company.Properly run Records Management companies usually have dry fire suppression, regular fumigation activities and are ISO 27001: Information Security rated.Digitize documents after 5 years and dispose them.Track record-keeping retention periods and get rid of expired documents.Find out more!Visit us at http://www.archive- one.net/ to learn more about our product and services.


News Article | May 25, 2017
Site: www.businesswire.com

HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) has amended its existing $700 million asset-based revolving credit facility (the “Senior Secured Credit Facility”) extending its maturity date to 2022. The Senior Secured Credit Facility provides the Company with the ability to increase the facility size in the future by up to $250 million. Indebtedness under the Senior Secured Credit Facility is guaranteed by certain of the Company’s U.S. subsidiaries and is secured by a first priority security interest in certain tangible and intangible property and assets of certain of the Company’s U.S. subsidiaries. Indebtedness under the Senior Secured Credit facility related to the Canadian Borrower and the European Borrowers is guaranteed by certain of the Company’s Canadian subsidiaries and European subsidiaries and is secured by a first priority security interest in certain tangible and intangible property and assets of certain of the Company’s Canadian subsidiaries and European subsidiaries. In order to support ongoing business requirements, portions of the Senior Secured Credit Facility will be available for the issuance of letters of credit. Matti Masanovich, Senior Vice President and Chief Financial Officer, said, " This amendment ensures the Company’s financial flexibility to support our global operations and locks in an additional five years of liquidity, which better positions the Company to execute on our previously stated strategy." Certain statements in this press release are forward-looking statements that involve risks and uncertainties, predict or describe future events or trends and that do not relate solely to historical matters. Forward looking statements include, among others, expressed expectations with regard to the following: “believe,” “expect,” “may,” “will,” “anticipate,” “intend,” “estimate,” “project,” “plan,” “assume,” “seek to” or other similar expressions, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those discussed in forward-looking statements as a result of factors, risks and uncertainties over many of which we have no control. These factors include, but are not limited to: the economic strength and competitive nature of the geographic markets that the Company serves; our ability to increase manufacturing capacity and productivity; our ability to increase our selling prices during periods of increasing raw material costs; our ability to service, and meet all requirements under, our debt, and to maintain adequate domestic and international credit facilities and credit lines; our ability to establish and maintain internal controls; the impact of unexpected future judgments or settlements of claims and litigation; the impact of foreign currency exchange rate fluctuations; the impact of future impairment charges; compliance with U.S. and foreign laws, including the Foreign Corrupt Practices Act; our ability to achieve the anticipated cost savings, efficiencies and other benefits related to our restructuring program and other strategic initiatives, including our plan to exit all of our Asia Pacific and African operations, and the other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”), including but not limited to, its annual report on Form 10-K filed with the SEC on February 24, 2017, and subsequent SEC filings. You are cautioned not to place undue reliance on these forward-looking statements. General Cable does not undertake, and hereby disclaims, any obligation, unless required to do so by applicable securities laws, to update any forward-looking statements as a result of new information, future events or other factors.


VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 29, 2017) - In its Real Estate Market Research study published today, Newmark Knight Frank Devencore reported that recent tenant activity has sharply reduced space availability and has sparked developer interest in bringing new office buildings to the downtown Vancouver office market. The largest tenant transactions over the past two quarters include WeWork's commitment to almost 80,000 square feet in Bentall Three at 595 Burrard Street and the conditional deal with The Executive Group to convert approximately 110,000 square feet to hotel use in The Exchange building at 475 Howe Street. "The conversion of a large part of The Exchange building to hotel use has the most far-reaching ramifications, as this was the only new property being delivered to the market in 2017 with substantial availability," said Jon Bishop, Executive Vice President and Managing Principal of Newmark Knight Frank Devencore's Vancouver office. "The tightening of the downtown Vancouver market may lead some developers to accelerate the projects they already have in the planning and permitting stages. There are at least a dozen such projects in the pipeline, most of which are slated for 2021." Newmark Knight Frank Devencore reports that tenants in the high tech, finance, professional services and hospitality sectors are driving the recent leasing activity, and falling vacancy rates for all office classes in downtown Vancouver reflect this demand. In the current quarter, the overall vacancy rate stands at 7.1%, down from 8.7% a year earlier. The decline in supply has put pressure on average gross rents as well, which currently stand at $41.76/sf, compared to $40.73/sf a year ago. "Newer downtown office space is almost fully occupied, and larger blocks of contiguous space can be a challenge to find," Mr. Bishop said. "There are limited opportunities for tenants seeking smaller spaces, but most of these opportunities will be found in older buildings that may require improvements. Furthermore, many of the best leasing options that currently exist are landlord or building specific, so tenants and their advisors need to be prepared to negotiate innovative ways to finance the necessary improvement projects." To read the complete market study, please go to: http://english.devencorenkf.com/home/market-information.aspx?d=756 As part of Newmark Knight Frank, one of the world's leading commercial real estate advisory firms, Newmark Knight Frank Devencore is Canada's largest corporate real estate advisor and brokerage, exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Knight Frank Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com. Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, NKF's strong foundation makes it one of the most trusted names in commercial real estate. NKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com. NKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ:BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE:BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.


News Article | February 28, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - Feb. 28, 2017) - In its Real Estate Market Research study published today, Newmark Knight Frank Devencore reported that there was a surge of tenant activity in Toronto West in 4Q16, when approximately 615,000 square feet of office space was absorbed, marking Q4 as the most active quarter of the year. At the end of the year, the vacancy rate was 15.5% for all office classes in Toronto West, down from 17.0% in mid-2016. The Newmark Knight Frank Devencore report notes that part of the reason for the high vacancy and rates is the amount of new space that has been delivered to the Toronto West office market over the last 24 months--in excess of 685,000 square feet. Activity was particularly pronounced in the Airport Corporate Centre (ACC) submarket in 2016, when approximately 235,000 square feet of office space was absorbed. "The ACC has seen a resurgence of tenant interest," said Rob Renaud, Managing Principal/Broker of Record at Newmark Knight Frank Devencore's Toronto West office1. "The ACC has many advantages that tenants seek. Several new LEED buildings have retail amenities within close walking distance; as well, there has been improved access to public transit, all of which are draws for corporate tenants and their millennial employees." In the Meadowvale submarket, approximately 920,000 square feet was vacant at year-end, currently marking this submarket as the most challenged in Toronto West. "Notwithstanding that there may be one or two mid-size office lease transactions announced shortly, some of the marquis buildings in Meadowvale have been facing headwinds," Mr. Renaud said. "While over the last few years Meadowvale became the favoured submarket for major tenants looking to upgrade their office space, more recently the ACC has become a hotbed of activity for many corporate moves in Toronto West due to some of the key investments that have been made." Over the next 18 months the pace of development activity in Toronto West will slow and very little new speculative space is scheduled for construction. "Ample tenant opportunities exist, especially in some of the softer submarkets," Mr. Renaud said. "There are a number of landlords and developers willing to work with tenants to find creative ways to add value to leasing transactions, so there are some very good opportunities available in both new and older buildings." To read the complete market study, please go to: http://english.devencorenkf.com/home/market-information.aspx?d=728. As part of Newmark Grubb Knight Frank, one of the world's leading commercial real estate advisory firms, Newmark Knight Frank Devencore is Canada's largest corporate real estate advisor and brokerage, exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Knight Frank Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com. Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com. NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.


News Article | February 14, 2017
Site: globenewswire.com

RADNOR, Pa., Feb. 14, 2017 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP reminds General Cable Corporation (NYSE:BGC) (“General Cable” or the “Company”) shareholders that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of General Cable’s securities between February 23, 2012 and February 10, 2016, inclusive (the “Class Period”).  DEADLINE REMINDER: General Cable shareholders may, no later than March 6, 2017, petition the Court to be appointed as a lead plaintiff representative of the class.  For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/general-cable-corporation#join. Shareholders who wish to discuss their legal rights or interests with respect to this action are encouraged to contact Kessler Topaz Meltzer & Check (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 – 7706 or (610) 667 – 7706, or via e-mail at info@ktmc.com. General Cable Corporation designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, and specialty and communications markets worldwide. The Complaint alleges that during the Class Period General Cable and certain of its executive officers made false and/or misleading statements and/or failed to disclose that: (i) General Cable paid millions of dollars in bribes to government officials in foreign countries, including Angola, Bangladesh, China, Egypt, Indonesia, India, and Thailand, in order to secure business; (ii) the foregoing conduct was in violation of the Foreign Corrupt Practices Act (the “FCPA”); (iii) General Cable’s revenues were therefore in part the product of illegal conduct, and, as such, subject to disgorgement and unlikely to be sustainable; and (iv) the foregoing conduct, when it became known, would subject the Company to significant regulatory scrutiny and financial penalties.  The complaint further alleges that, as a result of the foregoing, General Cable’s statements about its business, operations and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. On September 22, 2014, General Cable disclosed that it was reviewing “payment practices,” “the use of agents,” and “the manner in which the payments were reflected on our books and records” in connection with the Company’s operations in Portugal, Angola, Thailand, and India.  On this news, shares of the Company’s stock fell $0.93 per share, or 4.7%, to close at $18.96 on September 22, 2014. Subsequently, on February 10, 2016, General Cable reported that it had increased a disgorgement accrual for a potential FCPA settlement to $33 million after identifying “certain other transactions that may raise concerns.”  On this news, shares of the Company’s stock fell an additional $3.05 per share, or 31.6%, to close at $6.60 on February 11, 2016. Finally, on December 29, 2016, The Wall Street Journal reported that General Cable had entered into a non-prosecution agreement with the U.S. Department of Justice and “agreed to pay $75.8 million to settle allegations it paid bribes across Africa and Asia and . . . agreed to an additional $6.5 million penalty to settle accounting-related violations.”  The article further reported that the Company’s subsidiaries, “over a period of a dozen years, paid about $13 million to third-party agents and distributors,” who in turn “paid bribes to government officials in Angola, Bangladesh, China, Indonesia and Thailand to get business in violation of the Foreign Corrupt Practices Act.” General Cable shareholders may, no later than March 6, 2017, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check or other counsel, or may choose to do nothing and remain an absent class member.  A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.  For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/general-cable-corporation#join. Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country.  Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  The complaint in this action was not filed by Kessler Topaz Meltzer & Check.  For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

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