Trading Companies & Distributors

According to Morgan Keegan, Fastenal (NASDAQ: FAST) 2011-2013 estimates are updated. Morgan Keegan reported that Fastenal will report Q1:11 EPS on Tuesday April 12. “We are estimating $0.52, levels modestly above the $0.51 consensus. The potential for stronger March month revenues could add...

Morgan Keegan has raised the price target on Fastenal Company (NASDAQ: FAST) from $72 to $75 and maintains its Outperform rating.

MSC Industrial Direct Co Inc (NYSE: MSM) reported its Q2 EPS at $0.78, versus the consensus of $0.70. MSM reported its Q2 revenue at $483.4 million, versus the consensus of $475.65 million. MSM shares gained 0.33% to close at $70.50 yesterday. Read more from Benzinga's Company news.

MSC Industrial (NYSE: MSM) reported Q2 EPS of $0.78/share versus the $0.70/share estimate. The company also reported Q2 revenues of $483.4M versus the $475.7M estimate. MSC Industrial continued to guide above Street consensus levels for future earnings, guiding Q3 EPS of $0.90-$0.94/share versus...

MSC INDUSTRIAL DIRECT CO., INC. (NYSE: MSM) today reported financial results for its fiscal 2011 second quarter ended February 26, 2011. For the fiscal 2011 second quarter, net sales rose 22.2% to $483.4 million, compared with $395.5 million in the prior year period. For the second quarter of...

Monsanto Company (NYSE: MON) is projected to report its FQ2 EPS at $1.85 on revenue of $4.15 billion. WD-40 Co (NASDAQ: WDFC) is projected to report its FQ2 earnings at $0.67 per share on revenue of $86.67 million. Immucor Inc (NASDAQ: BLUD) is expected to post its FQ3 earnings at $0.27 per...

Kaman Corporation (NASDAQ: KAMN) announced today that its Aerospace segment has been awarded a contract modification in the amount of $19.8 million for the procurement of Joint Programmable Fuzes. The award is a follow-on order under Option 8 of Kaman's JPF contract with the U.S. Air Force....

Electro Rent Corp (NASDAQ: ELRC) reported its Q3 EPS at $0.21, versus the consensus of $0.21. ELRC reported its Q3 revenue at $59.5 million. ELRC shares gained 0.81% to close at $17.32 on Friday. Read more from Benzinga's Company news.

Shares of United Rentals, Inc. (NYSE: URI) are higher on the session by 1.05%, trading at $33.63. Overall call volume is now running at 3.15x the daily average, with 4% of all calls traded being purchases on the offer. 1,205 contracts have traded on the session so far. United Rentals, Inc. is a...

Piper Jaffray has an Underweight rating, but is raising its price target on shares of Watsco, Inc. (NYSE: WSO) to $60 from $55. In a note to investors, Piper Jaffray writes, "We are updating our estimates and price target after Watsco's most recent JV with Carrier. While we do view the...

Shares of Fastenal Company (NASDAQ: FAST) are higher on the session by 0.98%, currently trading at $64.60. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...

TAL International Group, Inc. (NYSE: TAL) shares are soaring on heavy volume today, as the company announced an offering on Monday, and Wall Street is reacting favorably to it. Shares hit a 52 week high today, to trade at $38.40, and are hovering around those levels. At last check, shares were...

Oppenheimer has raised the Price Target on Watsco (NYSE: WSO) from $70 to $76. According to Oppenheimer, "It appears demand improved each month of 1Q11. We estimate EPS of $0.18, when WSO reports 4/21. Management continues to internally target double-digit SSS, vs. our conservative mid-single-...

MSC Industrial Direct (NYSE: MSM) today announced that Jeffrey Kaczka will succeed Charles Boehlke as Executive Vice President and Chief Financial Officer, effective April 8, 2011. Mr. Boehlke, age 55, will retire as Chief Financial Officer and a Director of the Company and will continue with the...

Jefferies & Company has raised the price target on TAL International Group (NYSE: TAL) from $31 to $40 and maintains its Hold rating.