Trading Companies & Distributors

Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of 52 cents on each outstanding share of its Common and Class B common stock. The cash dividend is payable on October 29, 2010 to shareholders of record at the close of business on...

FLY Leasing Limited (NYSE: FLY) today announced that it has entered into an agreement to acquire three new Boeing 737-800 Next Generation aircraft in a sale and leaseback transaction with flydubai, Dubai's premier low cost airline. The aircraft are scheduled to be delivered new from Boeing in...

Kaman Corporation (NASDAQ: KAMN) announced today that its Aerospace segment has been awarded a purchase order from the United States Air Force (USAF) for Joint Programmable Fuzes (JPF). The award for Foreign Military Sales in the amount of $36.0 million is an addition to Option 7 of the company's...

Citi Investment Research raised its price target on W.W. Grainger, Inc. (NYSE: GWW) to $119 from $115, as it raised its earnings expectations on Grainger. It has a Hold/Medium Risk rating on shares. In the research note, Citi writes, "Grainger's daily sales continue to be robust, benefitting from...

In a Form 4 filed after the bell today, Fastenal Co. (NASDAQ: FAST) Director, Steve Slaggie, reported that he sold 20,000 shares of FAST on September 24th for an average price of $53.41. The transaction totaled $1,068,238. Mr. Slaggie owns 5,233,284 direct shares and 419,660 indirect shares of...

BOSTON (TheStreet) -- Bruce Berkowitz, Morningstar's U.S. stock manager of 2009, has half of his mutual fund's assets in what he calls "hated financial-services and real-estate-related companies." A value-stock disciple, Berkowitz is greedy when others are fearful. The investor runs Fairholme...

Here's the Economic Calendar for the week commencing the 26th of September 2010. This week there's additional GDP iterations due out from the US and UK, and of course given September ends this week (damn this year is going fast!) there will be the PMI stats out, with China and the US being...

Applied Industrial Technologies (NYSE: AIT) today said it expects to report fiscal 2011 first quarter earnings before market opens on the morning of Tuesday, October 26, 2010. The company's fiscal 2011 first quarter ends September 30, 2010.

US Technology stocks moved down as the wider market dipped on disappointing US employment data. The Philadelphia Semiconductor Index (SOX) lost about 0.06%, as shares of Advanced Micro Devices (NYSE: AMD) and SanDisk Corp (NASDAQ: SNDK) fell. However, the shares of Nvidia Corp (NASDAQ: NVDA) gained...

Cusick's Corner The grind continued into the After Hours. Many market watchers are reviewing Adobe's earnings and whether their earnings miss becomes a pattern, thereby potentially forcing other companies to issue warnings. From an options perspective, players are taking advantage of volatility...

Watsco, Inc. (NYSE: WSO) has been upgraded by Oppenheimer to Outperform with a $70 price target.

Analysts at Oppenheimer upgrade Watsco Incorporated (NYSE: WSO) from "perform" to "outperform." The target price for WSO is set to $70. WSO shares lost 0.38% to close at $55.32 yesterday. More Analyst Ratings here