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Mad Money Lightning Round OT: Cramer Would Sell FSYS (IMAX, GPC, FSYS)
Sunday, March 6, 2011 - 2:58pm | 218On CNBC's Mad Money Lightning Round OT, Jim Cramer said that if oil goes so high that gasoline goes to $4, people are going to start selling IMAX Corporation (USA) (NYSE: IMAX). He advised his viewers to sell a half of their position in this stock. IMAX Corporation (USA) (IMAX) fell 0.39% on Friday...
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Morgan Keegan Raises PT On LKQ Corporation To $32
Monday, February 28, 2011 - 8:13am | 27Morgan Keegan has raised the price target on LKQ Corporation (NASDAQ: LKQX) from $28 to $32 and maintains its Outperform rating.
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Genuine Parts Reports Q4 EPs of $0.75 vs. $0.70
Tuesday, February 22, 2011 - 8:35am | 56Genuine Parts Company (NYSE: GPC) reports fourth quarter results. Sales increased 14% to $2.81 billion in the fourth quarter ended December 31, 2010, compared to $2.47 billion for the same period in 2009. Diluted earnings per share in the fourth quarter were 75 cents, up 21% compared to 62 cents...
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J.P. Morgan Assumes GPC Coverage At Neutral, $57 PT
Tuesday, February 8, 2011 - 9:03am | 152J.P. Morgan is assuming coverage of Genuine Parts Company (NYSE: GPC) with a Neutral rating and a $57 Dec 2011 price target (under prior JPM coverage, said that it was Neutral with a $48 PT). “Our price target implies 7% potential upside (based on 16.3x P/E using our 2011 forecasts),” J.P. Morgan...
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Motion Industries Acquires D.P. Brown of Detroit
Thursday, February 3, 2011 - 3:56pm | 108Motion Industries, Inc., a wholly owned subsidiary of Genuine Parts Company (NYSE: GPC) announces the acquisition of D.P. Brown of Detroit, Inc. effective February 1, 2011. D.P. Brown, established in 1992, has four locations: Saginaw, MI; Westland, MI; Grand Rapids, MI and Perrysburg, OH (dba...
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Core-Mark Expects $7.7B in 2011 Net Sales
Wednesday, February 2, 2011 - 4:42pm | 185Core-Mark Holding Company, Inc. (NASDAQ: CORE) announced that it expects approximately $7.7 billion in net sales in 2011. T he Company anticipates continued penetration of the fresh product offering, increases in its vendor consolidation initiative, and market share gains. The Company also...
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Leggett Misses but Outlook Bright - Analyst Blog
Wednesday, February 2, 2011 - 11:31am | 951Leggett & Platt Inc. (LEG), the manufacturer of diversified engineered products and components, recently posted fourth-quarter and fiscal 2010 results that missed Zacks estimates. The company's quarterly earnings of 21 cents a share fell short of the Zacks Consensus Estimate of 23 cents,...
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Leggett Misses but Outlook Bright - Analyst Blog
Wednesday, February 2, 2011 - 11:15am | 951Leggett & Platt Inc. (LEG), the manufacturer of diversified engineered products and components, recently posted fourth-quarter and fiscal 2010 results that missed Zacks estimates. The company's quarterly earnings of 21 cents a share fell short of the Zacks Consensus Estimate of 23 cents,...
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InfoSonics Regains Compliance with NASDAQ $1.00 Minimum Bid Requirement
Wednesday, February 2, 2011 - 8:25am | 74InfoSonics Corporation (Nasdaq: IFON) today announced that, on February 1, 2011 it received a notification from the NASDAQ Stock Market indicating that the Company has regained compliance with NASDAQ Rule 5550(a)(2) in that the Company's closing bid price has been at $1.00 per share or greater for...
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Top Performing Industries For February 1 (SNDK, SMS, SCCO, IFON)
Tuesday, February 1, 2011 - 10:18am | 183At 10:15 am, the Dow rose 0.50% to 11,951.12, the broader Standard & Poor's 500 index moved up 0.81% to 1,296.60 and the NASDAQ composite index rose 0.92% to 2,724.80. The industries that are driving the market today are: Semiconductor- Memory Chips: This industry jumped 2.48% by 10:15 am. The...
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Top 4 Small-Cap Stocks In The Electronics Wholesale Industry With The Highest Cash (VOXX, RELL, CELL, SIHI)
Wednesday, January 12, 2011 - 7:11am | 146Below are the top small-cap electronics wholesale stocks on the NYSE, the NASDAQ and the AMEX in terms of cash. Audiovox Corporation (NASDAQ: VOXX) had $73.20 million in total cash and $14.01 million in total debt for the latest quarter. Richardson Electronics Ltd (NASDAQ: RELL) had $31.98 million...
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Goldman Adjusts Price Targets On AAP, CVS, GPC, ORLY, SPLS, & TSCO
Tuesday, January 11, 2011 - 9:03am | 151Goldman Sachs has adjust price targets for the following companies: * Advance Auto Parts (NYSE: AAP) goes to $72 from $74. * CVS Caremark (NYSE: CVS) goes to $42 from $41. * Genuine Parts Company (NYSE: GPC) goes to $55 from $54. * O'Reilly Automotive (NASDAQ: ORLY) goes to $63 from $64. * Staples...
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Benzinga's Top Performing Industries, January 10th (NFLX, CHGS, NGD, DKS, CAB, LKQX, LTM, ISCA)
Monday, January 10, 2011 - 4:25pm | 204The music & video stores industry was the best performing industry on Monday. It gained 4.75%, as Netflix, Inc. (NASDAQ: NFLX) jumped 4.79%, and closed at $187.88. The nonmetallic mineral mining industry added 2.10%, and in the space, China GengSheng Minerals, Inc. (AMEX: CHGS) added 5.49%, and...
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Genuine Parts Company (GPC) gets Buy Rating
Monday, December 20, 2010 - 11:17am | 24Monness, Crespi, Hardt gave Genuine Parts (NYSE: GPC) a Buy Rating after reviewing its initial coverage.
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Goldman Sachs Raises GPC From $53 To $54
Friday, December 17, 2010 - 8:07am | 22Goldman Sachs is raising its target on Genuine Parts Co. (NYSE: GPC) from $53 to $54.