Trading Companies & Distributors

Fastenal Company (NASDAQ: FAST) is getting some adjustments from Morgan Stanley today. “FAST delivered a good quarter, with EPS of $0.51 vs. consensus of $0.50,” Morgan Stanley writes. “Top-line growth was modestly ahead of expectations and operating leverage was strong with 39% incremental...

On CNBC's Fast Money, Patty Edwards suggested investors to buy TAL International Group, Inc. (NYSE: TAL) tomorrow. She likes its dividend yield. TAL International Group, Inc. (TAL) fell 0.52% in the regular trading session, but it gained 1.74% in the after hours. Tim Seymour thinks that Alcoa Inc...

Pfizer Inc (NYSE: PFE) has announced its plans to buy King Pharmaceuticals (NYSE: KG) for $3.6 billion, or $14.25 per share in cash, representing a 40% premium to KG's closing price on Monday. Pfizer is expecting the deal to add $0.02 per share to its 2011 and 2012 earnings, and $0.03 to $0.04 per...

Jefferies & Company is out with a research report this morning, where it initiates a Hold rating on shares of Beacon Roofing (NASDAQ: BECN); it has a $16.00 price target on the stock. The Jefferies analysts said that they believe the shares lack catalysts for upside support and are range bound...

Some of the stocks that may grab the investor focus today are: Wall Street expects Intel Corp (NASDAQ: INTC) to report its Q3 EPS at $0.50. INTC's shares gained 0.20% to close at $19.56 yesterday. Analysts are expecting Fastenal Company (NASDAQ: FAST) to have earned $0.50 per share in the third...

Fastenal Company (NASDAQ: FAST) is currently higher on the session by 0.41%, trading at $54.75. The company is scheduled to report earnings tomorrow, before the opening bell. • Estimates The Street is looking for Q3 earnings per share of $0.50 on revenue of $594.82 million. These estimates have...

Interline Brands Inc (NYSE: IBI) was upgraded by RW Baird from “neutral” to "outperform." IBI's shares closed at $18.61 yesterday. Interline's quarterly earnings jumped 37.25% y/y. Goldman upgraded Tupperware Brands Corporation (NYSE: TUP) from "neutral" to "buy." TUP's shares closed at $45.93...

WW Grainger Inc (GWW) is a facilities maintenance company that distributes related products and offers related services. Based in Lake Forest Illinois, the company's stock is a member of the S&P 500. With a market cap of 8.61 billion, WW Grainger is one of the larger companies discussed on...

Electro Rent Corporation (NASDAQ: ELRC) today reported a 58% increase in revenues and triple-digit earnings growth for its first fiscal quarter ended August 31, 2010. Total revenues for the fiscal 2011 first quarter rose to $50.8 million from $32.2 million for the same period last year. Rental and...

Piper Jaffray is reiterating its Overweight rating and $63 price target on shares of Fastenal Company (NASDAQ: FAST), as it looks to report earnings on October 12. In the research report, Piper Jaffray writes, "Fastenal 3Q results due October 12th should reflect sales promotions which concluded...

Here's the Economic Calendar for the week commencing the 4th of October 2010. This week the main events are in the monetary policy and employment space. Firs up there's Japan with its monthly monetary policy meeting, then the RBA in Australia is expected to re-commence tightening, then the ECB...

Robert W. Baird has downgraded Beacon Roofing Supply (NASDAQ: BECN) from Outperform to Neutral and has lowered the price target from $19 to $16.