Distributors

The Board of Directors of Genuine Parts Company (NYSE: GPC) declared a regular quarterly cash dividend of forty-one cents ($.41) per share on the Company's common stock. The dividend is payable October 1, 2010 to shareholders of record September 10, 2010. Genuine Parts Company is a distributor of...

Tom Gallagher, Chairman, President and CEO of Genuine Parts Company (NYSE: GPC), announced today that Eric Sundby has been named Vice President - Information Technology effective immediately. Mr. Sundby was previously Senior Director of Information Technology and has been with the Company eight...

Atlanta, Georgia based Genuine Parts Company (NYSE: GPC) on Friday morning released financial results that beat Wall Street expectations. Chairman, President and Chief Executive Officer Thomas C. Gallagher said, "We are encouraged by our sales and earnings growth in the second quarter and through...

Marriott (NYSE: MAR) was downgraded by Wells Fargo from “outperform” to “market perform.” Marriott’s earnings may tumble 200.25% this year. Keefe Bruyette downgraded Cowen Group (NASDAQ: COWN) from “outperform” to “market perform.” COWN’s earnings may slip 625.18% this year. Goldman downgraded...

1st United Bancorp, Inc (NASDAQ: FUBC) crossed its earlier 52-week high of $9.15 and created a new 52-week high of $9.20, up 1.77%. FUBC is the financial holding company of 1st United Bank. Abraxas Petroleum Corporation (NASDAQ: AXAS) rose 5.12% to $2.70 on total volume of 310,840 shares, as...

Genuine Parts Company (NYSE: GPC) reported its first-quarter results today. The company reported a profit of $100.6 million, or $0.63 per share in its first-quarter, compared with a profit of $89.2 million, or $0.56 per share it reported for the same period last year. Revenue was up by 6% to $2.6...

Many of the credit rating agencies were criticized for their ratings during the financial collapse of 2007 and 2008, especially with regards to collateralized debt obligation. However, investors still look at ratings for stocks to get some sort of guideline. If you look at some of the major firms...

• AIG (NYSE: AIG) former CEO Greenberg reached a deal with UBS (NYSE: UBS) to sell most of his shares in AIG, an estimated 10 million shares, for $278.2 million • Kimberly-Clark (NYSE: KMB) said it continues to see full-year earnings of $4.80-$5.00 • FBR raised its rating on Waddell & Reed (...

Analysts at BB&T Capital Markets maintain their "buy" rating on LKQ Corporation (NASDAQ: LKQX). The target price for LKQX has been raised from $21 to $25. LKQ reported its Q4 results ahead of expectations, driven by acceleration in after-market segment sales. Also, LKQX has issued solid...

Stocks have been gaining ground over the past four weeks following assurances from the various heads of Eurozone of a possible aid to Greece in managing its high sovereign debt. After touching their lows at the beginning of the month, stocks have recovered slightly. At 1:57 p.m., Dow had gained 116...

Genuine Parts (NYSE: GPC) announced a 13% jump in 4Q earnings as a result of its improved performance in the automotive segment. Shares rose to trade in the $40 zone following the announcement. Genuine Parts’ profit stands at $99.2 million or 62 cents a share, compared to $87.8 million or 55 cents...

Auto parts manufacturer Genuine Parts Company (NYSE: GPC) announced on Monday that its board of directors approved a decision to raise the company's quarterly dividend 1 cent per share to 41 cents per share. The dividend will be paid on April 1 to shareholders of record on March 5. Genuine Parts...

Analysts at FBR Capital Markets Corporation (NASDAQ: FBCM) have released an update on the Auto Parts Retail industry. Analysts have upgraded the shares of O’Reilly Automotive Inc. (NASDAQ: ORLY) from Underperform to Outperform. The shares of Genuine Parts Company (NYSE: GPC) meanwhile have been...

Suntech Power Holdings Co., Ltd. (ADR) (NYSE: STP) gained 1.77% to $13.25 despite being downgraded by Broadpoint AmTech Research to Sell from Neutral at a price target of $10. The 52-week trading range for STP is $5.09 - $21.38. Suntech Power Holdings closed at $13.02 in the previous trading...

RBC Capital Markets have made an upward revision in the price target for LKQ Corporation (NASDAQ: LKQX). LKQ Corporation is the largest nationwide provider of recycled light vehicle OE products and related services as well as the largest nationwide provider of aftermarket collision replacement...