Trading Companies & Distributors

Houston Wire & Cable Company (NASDAQ: HWCC) Reports EPS of $0.27 vs. $0.17 Estimate; Revenues $99.7M vs. $91.58M Estimate

Houston Wire & Cable Company (NASDAQ: HWCC) announced today that its Board of Directors has approved a 5.9% increase in the Company's quarterly cash dividend. The dividend will increase to $0.09 per share, from $0.085 per share in the previous quarter. Payments will be made on May 27, 2011 to...

Houston Wire & Cable Company (NASDAQ: HWCC) today announced that its President & Chief Executive Officer, Charles A. Sorrentino, will step down as the Company's President effective immediately and as CEO at the end of 2011. The Company's Board of Directors has elected James L. Pokluda III,...

H&E Equipment Srvs (NASDAQ: HEES) Reports EPS of $(0.19) vs. $(0.13) Estimate; Revenues $134.9M vs. $143.09M Estimate

DXP Enterprises (NASDAQ: DXPE) Reports EPS of $0.42 vs. $0.38 Estimate; Revenues $183.1M vs. $180.3M Estimate

Dahlman Rose maintained its Aircastle Limited (NYSE: AYR) Buy rating in a research report published today. In the report, Dahlman Rose states, "We maintain our Buy rating on Aircastle credit post 1Q11 earnings. Although upside for the bonds may be limited, they have a good risk/reward profile. We...

Aircastle (NYSE: AYR) Reports EPS of $0.41 vs. $0.40 Estimate; Revenues $130.6M vs. $155.86M Estimate

Applied Industrial Technologies (NYSE: AIT) today announced that it has acquired the assets of Gulf Coast Bearing & Supply Co. of Corpus Christi, Texas. Gulf Coast Bearing & Supply is a full line bearing and power transmission distributor with locations in Corpus Christi and Pharr, Texas....

J.P. Morgan Chase & Co. has an Overweight rating and a $66 price target on shares of Wesco (NYSE: WCC). In a note to investors, J.P. Morgan writes, "WCC continues to execute well on growth initiatives, driving incremental revenue upside to and already attractive late cycle end market story....

UGI Corporation (UGI) - UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in...

Anadarko Petroleum (NYSE: APC) is expected to announce a temporary setback in its earnings on Monday, May 2, when the company is due to publish its Q1 earnings report. Analysts are predicting earnings per share will fall by 28.9% to $0.59, from the previous year's level of $0.83. Revenues are...

United Rentals, Inc. (NYSE: URI) today announced the acquisition of assets of GulfStar Rental Solutions, LP, a three location power & HVAC equipment rental company located in Texas and Louisiana. “The acquisition of GulfStar furthers our strategy of accelerating growth in the attractive power...

Dahlman Rose increased its TAL International (NYSE: TAL) price target form $42 to $44 in a research report published today. Dahlman Rose has previously given TAL International a Buy rating. In the report, Dahlman Rose states, "We believe the company's 1Q11 $450 million investment in containers is...

The Board of Directors of Applied Industrial Technologies (NYSE: AIT) today announced that Chairman and Chief Executive Officer, David L. Pugh, has informed the Board that he will retire by the Company's next annual shareholder meeting to be held in October of 2011.  Mr. Pugh, age 62, will also...

W.W. Grainger (NYSE: GWW) announced today that its board of directors voted to raise the quarterly cash dividend by 22 percent to 66 cents per share payable on June 1, 2011, to shareholders of record on May 9, 2011. Grainger has provided 40 consecutive years of increased dividends, a record that...