Copper prices to weigh down General Cable

May 02, 2013 | 09:22 AM | Michael Cowden

Tags  General Cable, Gregory Kenny, Brian Robinson, earnings results, outlook, copper prices, copper, Comex aluminum

CHICAGO — Low copper prices could impact General Cable Corp. as far out as the third quarter of 2013, company executives said.

"It is possible we could see a little bit of a headwind into the third quarter," president and chief executive officer Gregory B. Kenny said during a question-and-answer session with analysts May 1. "Copper has broken a dime in the last day and a half. We’ll have to see where she goes."

Kenny noted that copper prices have been volatile in recent trading.....





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