Trading Companies & Distributors

United Rentals Inc. (NYSE: URI) today announced that the company has been named The Official Equipment Rental Partner of The PGA of America through 2014. Approximately 10,000 golf facilities nationwide that are staffed by PGA Professionals will now be able to benefit from expert advice and a...

Piper Jaffray, which raised its price target on shares of Textainer Group (NYSE: TGH) to $39 from $35, said that it believes the strong container leasing industry fundamentals experienced over the past 16 months will continue through 2011 and into '12. “Global containerized trade continues to...

Piper Jaffray has raised the price target on Textainer Group Holdings Limited (NYSE: TGH) from $35 to $39 and maintains its Overweight rating.

At 10:15 am, the Dow gained 0.44% to 12,145.13, the broader Standard & Poor's 500 index moved up 0.51% to 1,317.60 and the NASDAQ composite index rose 0.52% to 2,783.71. The industries that are driving the market today are: Publishing - Periodicals: This industry jumped 1.49% by 10:15 am. The...

Cusick's Corner While the market sentiment and trend is bullish, this grinding consolidation is starting to wear on traders. The market needs Financials to break consolidation in order to be in full on bull mode. Tech, QQQQ/XLK, have been leaders, but looks like put activity is picking up (see ETF...

Fastenal Company (NASDAQ: FAST) reported January average daily sales growth of 18.8%, slightly ahead of its 15% estimate, which likely would have been a bit stronger absent the late January storms that impacted the East Coast. Piper Jaffray continues to believe that Fastenal is set for solid growth...

UBS is out with a research report this morning regarding its Ratings and Price Target changes. In the report, UBS lowered its AutoNation (NYSE: AN) price target to $27 from $20, lowered its CVS Caremark (NYSE: CVS) price target to $42 from $46, raised Diamond Offshore Drilling's (NYSE: DO) price...

Oppenheimer has published a research report on United Rentals, Inc. (NYSE: URI) after the company reported strong 4Q results, although not as "clean" as preferred. In the report, Oppenheimer writes "We're reiterating our Outperform rating & increasing our target to $36 (from $34) on URI's 2011...

WESCO International (WCC) recently announced fourth quarter earnings that exceeded the Zacks consensus estimate by 7 cents, or 10.8%. Revenue WESCO reported revenue of $1.33 billion that beat the Zacks Consensus expectation by 4.4%, increasing 0.5% sequentially and 17.6% year over year. The...

WESCO International (WCC) recently announced fourth quarter earnings that exceeded the Zacks consensus estimate by 7 cents, or 10.8%. Revenue WESCO reported revenue of $1.33 billion that beat the Zacks Consensus expectation by 4.4%, increasing 0.5% sequentially and 17.6% year over year. The...

United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter and full year 2010. For the fourth quarter, total revenue was $597 million and rental revenue was $497 million, compared with $557 million and $450 million, respectively, for the fourth quarter 2009. For the...

J.P. Morgan Chase & Co. is raising its price target on shares of WESCO International, Inc. (NYSE: WCC) to $58 from $48, and is keeping its Overweight rating on shares. In a note to clients, J.P. Morgan writes, "WCC reported a solid 4Q, with continued momentum on the top line as key end markets...

The board of directors of GATX Corporation (NYSE: GMT) today declared a quarterly dividend of $0.29 per common share, payable March 31, 2011, to shareholders of record on February 25, 2011. This quarterly dividend represents a 3.6% increase from the previous quarter.

W.W. Grainger's (GWW) third quarter adjusted EPS improved 32% year over year while revenues jumped 19%; both outperforming Zacks Consensus Estimates. For fiscal 2010, Grainger maintained its sales growth guidance in the range of 14% to 15% and raised its EPS guidance. For fiscal 2011, Grainger...