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Belden Inc. - BDC STOCK NEWS

Welcome to our dedicated page for Belden news (Ticker: BDC), a resource for investors and traders seeking the latest updates and insights on Belden stock.

Belden Inc. (BDC) is a globally recognized leader in high-quality, end-to-end signal transmission solutions. The company offers a comprehensive product portfolio designed to meet the mission-critical network infrastructure needs of industrial, enterprise, and broadcast markets. With a focus on the reliable and secure transmission of data, audio, and video, Belden is at the forefront of the global transformation to a connected world.

Belden Inc. operates in two distinct segments: Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment specializes in network infrastructure and cabling and connectivity solutions for commercial audio/video and security applications. Meanwhile, the Industrial Solutions segment provides high-performance networking components and machine connectivity products, catering to the rigorous demands of industrial environments.

The company serves a diverse clientele, including distributors, end-users, installers, and original equipment manufacturers. Belden's extensive presence spans across the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific) regions, with the majority of its revenue generated from the Americas.

Belden continues to innovate and expand its offerings to accommodate the rapidly growing demand for data transmission solutions. Recent achievements include advancements in network security and the introduction of new, cutting-edge products designed to enhance connectivity and performance. The company's commitment to quality and innovation ensures that it remains a key player in the global signal transmission industry.

Stay updated with the latest developments from Belden Inc. as it leads the way in creating connected, efficient, and secure network environments.

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Belden Inc. (NYSE: BDC) has opened its third Customer Innovation Center (CIC) in Shanghai, China, as part of a plan to establish five centers globally. The Shanghai CIC aims to enhance Belden’s digitization solutions and support the increasing infrastructure demands in the Asia-Pacific region.

During its launch, attendees explored validated use cases that address challenges in various sectors, including healthcare and data centers. The CIC enables direct collaboration with customers to develop and test solutions tailored to specific regional needs.

Belden plans to open two more CICs in Chicago, Illinois and Bangalore, India later this year, further expanding its global reach and innovation capabilities.

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Belden Inc. (NYSE: BDC) has appointed Vivie “YY” Lee as a Director and member of the Audit Committee. With over 30 years in the software industry, Ms. Lee's background includes her recent role as Chief Strategy Officer at Anaplan and former CEO of FirstRain, Inc. She has held leadership positions at Cadence Design Systems and AT&T Bell Laboratories. CEO Ashish Chand expressed enthusiasm for Ms. Lee's extensive executive experience, predicting significant value for Belden. The company, headquartered in St. Louis, specializes in specialty networking solutions with a legacy of over 120 years.

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Belden has joined the Safer Buildings Coalition, a nonprofit focused on eliminating in-building wireless dead zones to enhance safety for first responders and citizens.

This collaboration aims to ensure reliable communication during emergencies, addressing a critical concern as a survey revealed that 98.5% of first responders encounter dead spots while responding to calls.

Belden emphasizes its commitment to safety by aligning its in-building wireless solutions with the latest codes and standards. The company has a strong legacy of over 120 years in the industry, headquartered in St. Louis, with manufacturing capabilities globally.

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Belden has launched its Fault-Managed Power System (FMPS) Hybrid Cables, certified for Class 4 circuits, which enhance power delivery capabilities. These cables offer safety comparable to Class 2 systems while transmitting nearly 20 times the power across longer distances. The certification aligns with the 2023 National Electrical Code (NEC), allowing for simplified installations. Belden’s FMPS cables feature a copper/fiber design, facilitating both power and data transmission in one run. UL has published standards for Class 4, marking a significant milestone in power delivery technology.

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Belden Inc. (NYSE: BDC) has appointed Brian Lieser as EVP of Industrial Automation Solutions, succeeding Dr. Ashish Chand, who became President and CEO. Lieser, part of Belden for over a decade, has a strong track record in leading product strategies and operational excellence. His previous roles included VP of Global Products of Industrial Automation Solutions. Lieser aims to accelerate innovation and expand the product portfolio to enhance customer value. Chand expressed full confidence in Lieser's leadership as the company aims for significant growth in the Industrial Automation market.

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Belden Inc. (NYSE: BDC) has appointed Ashish Chand as President and CEO, effective immediately, following the resignation of Roel Vestjens. Vestjens stepped down for personal reasons, with no impact on the company's performance. Chand, who has been with Belden since 2002, aims to build on the company's strong results and confirmed guidance for Q1 and full-year 2023, with GAAP EPS expectations between $5.73 and $6.13. He also projects adjusted EPS of $8.00 or more by 2025. Chand’s experience includes leadership in Industrial Automation Solutions and significant contributions in Asia.

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The Board of Directors of Belden (NYSE: BDC) has declared a quarterly dividend of $0.05 per share. This dividend will be payable on April 6, 2023, to shareholders of record as of March 14, 2023. Belden has a legacy of over 120 years, focusing on making digital journeys simpler and more secure through innovative solutions and a performance-driven portfolio. The company operates globally, with manufacturing capabilities across North America, Europe, Asia, and Africa.

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Belden Inc., a top global supplier of network infrastructure solutions, has introduced two new products in Q1 2023: Custom Broadcast Panels and Enclosures and NewGen CPR-Rated Access Control Cables. These additions aim to enhance versatility, cost-effectiveness, and adaptability in data acquisition and transmission projects. The Custom Broadcast Panels offer customization for various media outputs, making them ideal for large venues. Meanwhile, the NewGen CPR-Rated Cables enhance safety with a high flame rating, complying with North American and European fire safety standards.

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Belden has implemented a tailored solution for a 95-year-old manufacturing plant to eliminate production blind spots and gain OEE visibility, significantly enhancing operational efficiency. This initiative, part of Belden’s Customer Innovation Center, employs a three-step data engineering process to visualize workflows and collect OEE data. The plant has achieved double-digit productivity improvements and is projected to save at least half a million dollars annually. Belden plans to expand its Customer Innovation Centers in Chicago, Bangalore, and Shanghai this year, enhancing its global footprint in digital automation.

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FAQ

What is the current stock price of Belden (BDC)?

The current stock price of Belden (BDC) is $123.52 as of November 22, 2024.

What is the market cap of Belden (BDC)?

The market cap of Belden (BDC) is approximately 4.9B.

What does Belden Inc. specialize in?

Belden Inc. specializes in high-quality, end-to-end signal transmission solutions for industrial, enterprise, and broadcast markets.

What are the main segments of Belden Inc.?

Belden Inc. operates in two main segments: Enterprise Solutions and Industrial Solutions.

Who are Belden Inc.'s primary customers?

Belden Inc.'s primary customers include distributors, end-users, installers, and original equipment manufacturers.

Which regions does Belden Inc. operate in?

Belden Inc. operates in the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific) regions.

Where does Belden Inc. generate the most revenue?

Belden Inc. generates the most revenue from the Americas region.

What are some recent achievements of Belden Inc.?

Recent achievements of Belden Inc. include advancements in network security and the introduction of new, cutting-edge products.

What products does the Enterprise Solutions segment offer?

The Enterprise Solutions segment offers network infrastructure and cabling and connectivity solutions for commercial audio/video and security applications.

What does the Industrial Solutions segment provide?

The Industrial Solutions segment provides high-performance networking components and machine connectivity products.

Why is Belden Inc. considered a leader in its field?

Belden Inc. is considered a leader due to its commitment to quality, innovative solutions, and comprehensive product portfolio that meets mission-critical network infrastructure needs.

How does Belden Inc. contribute to the global transformation to a connected world?

Belden Inc. contributes by offering reliable and secure transmission solutions for data, audio, and video, essential for today's connected applications.

Belden Inc.

NYSE:BDC

BDC Rankings

BDC Stock Data

4.94B
39.78M
1.26%
105.3%
2.38%
Communication Equipment
Drawing & Insulating of Nonferrous Wire
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United States of America
ST. LOUIS