Trading Companies & Distributors

Morgan Keegan is lowering its earnings estimates and price target on shares of Beacon Roofing Supply, Inc. (NASDAQ: BECN) after the company reported weaker than expected results. Morgan Keegan is lowering its price target to $23 from $28.40, but is keeping its Outperform rating. In the report...

Masimo Corporation (MASI) reported second quarter 2010 adjusted (excluding one-time marketing-related expenses) earnings per share of 25 cents, in line with the Zacks Consensus Estimate while surpassing the year-ago result of 22 cents. Net income rose 9% year over year to $14.3 million (or 24...

Piper Jaffray is continuing to reiterate its Overweight rating and $24 price target on shares of Beacon Roofing Supply (NASDAQ: BECN) ahead of Beacon's earnings report. In a note to clients Piper Jaffray writes, "We continue to recommend owning Beacon Roofing Supply as we believe the catalysts for...

Fastenal (FAST) shares look expensive, trading at 28x 2010 consensus EPS estimates. However, given the company's stellar growth prospects over the next few years, Fastenal's P/E mulitple is reasonable. Business Fastenal operates as a wholesaler and retailer of industrial and construction supplies...

Here's the Economic Calendar for the week commencing the 2nd of August 2010. This week there's US ISM PMI for July, following China's weekend release of their PMI numbers. On the monetary policy front, there's the RBA, BoE, and ECB all meeting this week to review policy settings. It's also a...

Corning (NYSE: GLW) reported its quarterly earnings yesterday prior to the opening bell. The company reported EPS of $0.58 compared to analysts' estimates of $0.52. Analysts at J.P. Morgan (NYSE: JPM) said that Corning's (GLS) results exceeded their expectations on both the top and bottom line....

TAL International Group, Inc. (NYSE: TAL) today reported results for the second quarter and six months ended June 30, 2010. Adjusted Pre-tax Income, excluding gains on debt extinguishment and unrealized gains/ losses on interest rate swaps, was $22.2 million in the second quarter of 2010, compared...

Lawson Products, Inc. (Nasdaq: LAWS) today announced results for the second quarter of 2010. Highlights: -- Second quarter net sales increased 6.9% over the prior year quarter to $101.6 million -- Operating income was $3.3 million for the quarter -- Quarterly adjusted operating income grew $1.6...

By 1:25 pm, the Dow Jones Industrial Average was up 225.53 points, or 2.23%, to 10,346.06, while the broader Standard & Poor's 500 index had gained 26.03 points, or 2.43%. The NASDAQ composite index rose 57.46 points, or 2.63%. Some of the narrow based indexes supporting the markets are...

In a research report, Oppenheimer analysts are reiterating their Outperform rating on shares of United Rentals (NYSE: URI). The company reported a very strong quarter on July 20th, earning $0.25 per share compared to analysts' estimates of a $0.30 loss. In the report, the analysts wrote "URI...

DayStar Technologies Inc (NASDAQ: DSTI) shares advanced 59.99% to $2.24 at 10:37 am. DSTI is planning to manufacture its CIGS solar modules in offshore locations. Bluelinx Holdings Inc (NYSE: BXC) climbed 37.05% to $3.44. Private equity firm Cerberus Capital Management LP has offered to buy all the...

W.W. Granger Inc. (GWW) recently reported strong second-quarter results. The company had year-over-year sales growth of 16% and EPS growth of 35%. The company easily beat analyst expectations. Additionally, management increased its EPS guidance for full-year 2010. The company indicated that it was...

Watsco,(NYSE: WSO) today reported record results for the second quarter and for the six months ended June 30, 2010. The results include Carrier Enterprise, a joint venture formed on July 1, 2009 with Carrier Corporation, which added 95 locations to the Watsco network. Watsco owns 60% of Carrier...

Below are the top industrial good stocks on the NASDAQ in terms of free cash flow. The trailing-twelve-month free cash flow at Foster Wheeler AG (NASDAQ: FWLT) is $506.3 million. Analysts at Canaccord Adams initiated coverage of FWLT with a “buy” rating. The trailing-twelve-month free cash flow at...

With the resurgence of the aircraft leasing business coming back from the dead, you may want to take a look at shares of Aircastle (NYSE: AYR). Aircastle Limited, through its subsidiaries, engages in the acquisition, lease, and sale of high-utility commercial jet aircraft to passenger and cargo...