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Belden (BDC) Stock News, May-Jul 2024

BDC NYSE

Belden Inc. supplies complete connection and specialty networking solutions through businesses focused on smart infrastructure and automation. Its updates commonly cover network infrastructure, broadband, data center, industrial and IT/OT applications, including copper and fiber connectivity, racks and cabinets, cybersecurity products, digital I/O modules and automation technologies.

Belden news also includes quarterly operating results, dividend declarations, capital-structure developments, product launches, customer and partner announcements, and company innovation programs. The company serves markets such as data centers, government, healthcare, broadband and wireless service providers, warehousing and logistics, energy, transportation and discrete manufacturing.

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Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, hosted Dr. Heather Boushey, a member of the White House Council of Economic Advisers, at its PPC Broadband facility in East Syracuse, NY on July 29, 2024. The visit showcased Belden's significant capital investments in Made in America initiatives, aligning with the 2021 Infrastructure Investment and Jobs Act's $42 billion Broadband Equity, Access, and Deployment (BEAD) Program.

Dr. Boushey toured the facility's new production lines and discussed technology, R&D, and job training with Belden partners. The company's investments aim to provide American-made fiber optic cabling and network solutions, supporting the Biden Administration's commitment to expanding affordable, high-speed internet access and fostering economic growth.

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Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, has announced that it will report its fiscal second quarter 2024 results on Thursday, August 1, 2024, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Investors can access the live webcast and presentation materials through Belden's corporate website in the Investor Relations section. To participate in the live teleconference, investors can dial 1-888-882-4478 with confirmation code 1133069. A replay of the conference call will be available on the company's website for a time after the event.

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Belden (NYSE: BDC) has announced the acquisition of Precision Optical Technologies. This strategic move aims to bolster Belden's position in the optical transceiver market, enhancing its Enterprise Solutions and broadband market offerings. The integration of Precision Optical Technologies' products is expected to support the growing demand for upgraded networks and increased bandwidth. According to Dr. Chand, the acquisition will enhance Belden's passive optical network components and broaden their applications for MSOs, telcos, data centers, and enterprise customers. The transaction does not affect Belden's previously issued second quarter 2024 guidance.

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Belden announced that its Stratus ztC Endurance computing platform won the inaugural Joseph C. Belden Innovation Award.

The platform delivers 99.99999% availability with intelligent, predictive fault tolerance.

The award was presented at the Joseph C. Belden Innovation Summit, honoring innovations in healthcare, manufacturing, and telecommunications.

Stratus' platform was recognized for its ability to run mission-critical applications without downtime or data loss, setting a new standard for compute reliability.

Other finalists were TECHMEDO and Voleatech GmbH.

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Belden (NYSE: BDC), a global leader in network infrastructure, has unveiled its DuetConnect Hybrid Termination Box, designed to streamline the termination of fiber and copper cables while protecting against damage. This innovative product separates copper and fiber to prevent exposure risks and offers multiple entry points for flexible installation. Each module supports up to four fibers and four copper conductors, and network managers can stack up to three boxes for increased density. The DuetConnect box aims to address the growing demand for reliable connectivity in locations where local power isn't always accessible, enhancing the efficiency and safety of hybrid cable deployments.

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Belden (NYSE: BDC) has announced that its executive management team will attend the 2024 Wells Fargo Industrials Conference on June 11, 2024.

The company will also participate in a fireside chat at 2:30 p.m. Eastern Time.

Live webcasts and replays of the event will be available on Belden's Investor Relations website.

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Belden (NYSE: BDC) has announced a quarterly dividend of $0.05 per share.

This dividend is payable on July 9, 2024, to shareholders who are recorded by June 13, 2024.

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Belden (NYSE: BDC), a global leader in network infrastructure and digitization solutions, has announced a range of new products aimed at enhancing secure and reliable communications for critical applications. These new offerings include OSDP and fire alarm cables, Hirschmann IT railway radios and managed switches, Lumberg Automation connectors, and ProSoft routers.

The Hirschmann IT Dragonfly DAP847 Railway Wi-Fi 6 Radios provide reliable connectivity for train-to-ground communications, while the Hirschmann IT MAMMUTHUS Enterprise Managed Switches facilitate seamless IT/OT convergence at a competitive price. ProSoft Technology Modbus Routers support connectivity for field devices in industrial processes.

Belden's OSDP Cables meet enhanced European safety standards, and the new 5320UV and 5220UV fire alarm cables offer reliable and cost-effective solutions for critical applications. Additionally, Lumberg Automation M12 Rail Crimp Connectors are designed to withstand harsh environments and allow for custom cable lengths onsite.

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Infinant Health, a company focused on gut microbiome advancements to support immune system development, has announced the addition of three distinguished experts to its advisory team and board. Dr. Katharine Knobil and Dr. David Pompliano, both with extensive pharmaceutical and clinical trial experience, join as advisors. Judy Gawlik Brown, representing Manna Tree Partners, joins the board to aid in the company's pharma expansion. This move aligns with Infinant Health's recent submission for Orphan Drug Designation (ODD) for their product INF108, targeting necrotizing enterocolitis (NEC) in premature infants. CEO Mike Johnson emphasized that these appointments strengthen the company's commitment to pioneering microbiome-based therapeutics. Dr. Knobil and Dr. Pompliano bring significant expertise in regulatory approvals and drug discovery, while Ms. Brown adds valuable insights from her executive roles at Amgen and Perrigo.

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Belden has inaugurated a new Fiber Technology Center in Tucson, AZ, reinforcing its leadership in optical fiber technology. This 300,000 sq. ft. facility will serve as a multifunctional hub for innovation in fiber optic cable and connectivity, housing research, development, manufacturing, and distribution. Strategically located near logistics hubs and the University of Arizona, the center aims to enhance Belden's supply chain and increase U.S.-based optical fiber production. The opening underscores Belden's commitment to meeting the growing demand for high-bandwidth fiber solutions, promising faster product delivery and new career opportunities for engineers.

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FAQ

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

The current stock price of Belden (BDC) is $112.46 as of October 2, 2026.

What is the market cap of Belden (BDC)?

The market cap of Belden (BDC) is approximately 4.4B.