Trading Companies & Distributors

Shares of Fastenal (NASDAQ: FAST) are higher on the session by 1.99%, currently trading at $30.71. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

WESCO International, Inc. (NYSE: WCC) today announced that its wholly-owned operating subsidiary WESCO Distribution, Inc., together with certain other subsidiaries, has entered into a new senior secured revolving credit facility which replaces its previous secured revolving credit facility, and has...

Below are the top small-cap industrial equipment wholesale stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Anixter International Inc (NYSE: AXE) for the next year ending December, 2012 is $6.45 per share. AXE's PEG ratio is 0.60. WESCO...

Shares of United Rentals (NYSE: URI) are lower on the session by 2.75%, currently trading at $16.63. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

Kaman Corporation (NASDAQ: KAMN) shares moved up 2.39% to $34.64 at 10:20 am. The volume of KAMN shares traded was 387% higher than normal. The US Army awarded Lockheed Martin (NYSE: LMT) a $47 million contract to develop autonomous technologies. Dollar General Corporation (NYSE: DG) shares rose...

United Rentals, Inc. (NYSE: URI) today announced that United Rentals of Canada, Inc., a wholly-owned subsidiary of the company, has entered into a definitive purchase agreement to acquire the business and substantially all of the assets of Ontario Laser Rentals Ltd., a leader in trench safety...

Shares of F5 Networks Inc (NASDAQ: FFIV) gained about 3.1% as the company appointed Jonathan Chadwick, Senior Vice President and Chief Financial Officer of Skype Inc, to its board of directors. Shares of W.W. Grainger Inc (NYSE: GWW) rose about 2% after the company announced its plans to acquire...

According to Bank of America, Grainger (NYSE: GWW) is upgraded to Buy. Bank of America said that it is upgrading its rating on Grainger to Buy from Neutral. “Our forecast estimates decline slightly by 15 cents this year to $8.70, by 25 cents next year to $9.90 and by 20 cents in 2013 to $11.30.”...

W.W. Grainger Inc (NYSE: GWW) announced its plans to acquire Fabory Group for around $344 million. Grainger is expecting the deal to close in the current quarter. "Fabory provides a unique opportunity for Grainger to enter one of the world's largest MRO markets through an established and growing...

Grainger (NYSE: GWW) today announced its intention to acquire the shares of Fabory Group, a European distributor of fasteners and related MRO products. The transaction price will be approximately $344 million (euro 242 million). The parties plan to enter a definitive agreement upon completion of...

Bank of America has upgraded WW Grainger (NYSE: GWW) from Neutral to Buy and has lowered the price objective from $170 to $168.

Electro Rent Corporation (NASDAQ: ELRC) today announced that it will acquire the assets of privately held Equipment Management Technology, Inc. (“EMT”), a provider of electronic test equipment that filed for bankruptcy protection earlier this year, in a private sale through the U.S. Bankruptcy...

KeyBanc Capital Markets upgraded its WESCO International (NYSE: WCC) rating from Hold to Buy and established its WESCO International price target at $48 in a research report published today. In the report, KeyBanc Capital Markets states, "We are upgrading WCC shares from HOLD to BUY as we are...

Grainger (NYSE: GWW) today reported sales results for the month of July 2011. Daily sales increased 10 percent versus July 2010. Results for the month included a 1 percentage point positive contribution from acquisitions and a 2 percentage point contribution from foreign exchange. Excluding...

Deutsche Bank is out with its report today on Textainer Group Holdings (NYSE: TGH), raising its PT to $30 from $29. In its report, Deutsche Bank writes, "We are raising our 2011 and 2012 EPS estimates to $3.25 and $3.37 from $3.09 and $3.24 respectively. Our revised estimates are result of the...