Trading Companies & Distributors

Cytec Industries Inc. (NYSE: CYT) is up nearly 17% today as it swung to a profit and lifted its 2010 outlook. Shares are currently trading at $50 on 4 times average volume. Cirrus Logic, Inc. (NasdaqGS: CRUS) shares are up nearly 6% today on 150% total daily volume so far. Shares are currently...

United Rentals (NYSE: URI) reports Q2 EPS gain of $0.18 vs consensus loss of $0.30. United Rentals reports Q2 revenue $615 million vs consensus of $522.55 million. After hours, United Rentals is trading at $11.04, up 47 cents.

Applied Industrial Technologies (NYSE: AIT) today announced that the Company's Board of Directors raised the Company's quarterly dividend by $0.02 declaring a quarterly cash dividend of $0.17 per common share, payable on August 31, 2010, to shareholders of record on August 16, 2010. This cash...

In a report released by Jefferies today, analysts claim, “they prefer more domestic centric names with diversified exposure to the manufacturing sector. In terms of end markets, we favor general industrial, auto, aerospace and rail to construction and oil/gas.” Mid-cap industrials, measured by the...

Shares of Fastenal Co. (NASDAQ: FAST) are lower on the session by 4.16%, currently trading at $47.71. The stock has been moving largely lower over the past three months and is in a downward trending channel. Options traders are selling puts on the name today. The January 2012 $50 put was sold 8,...

Shares of Fastenal (NASDAQ: FAST) have fallen 2.54% to $49.51 during Thursday's trading session. The company reported earnings on July 13th. FAST reported EPS of $0.47 compared to analysts' estimates of $0.44. Year over year revenues were up 20.3%. Fastenal Company (Fastenal) sells industrial and...

Analysts at Piper Jaffray reiterate their "overweight" rating on Fastenal Company (NASDAQ: FAST), while raising their estimates for the company. The target price for FAST is set to $63. Piper Jaffray mentions, “We continue to see solid y/y growth from Fastenal's Mfg. customers in 2H10. Management...

Johnson & Johnson (NYSE:JNJ) posted second quarter EPS of $1.15 which was lower than Zacks estimates of $1.21 and $1.18 in the year ago period. Revenues were $15.2 billion in the second quarter lower than Zacks estimates of $15.7 billion Microsoft (NASDAQ:MSFT) faced negative reporting...

Shares of Fastenal Company (NASDAQ: FAST) have lost 4.28% to $50.38 after the company reported earnings this morning. FAST reported EPS of $0.47, which came in ahead of analysts' estimates which were set at $0.44. In the year ago quarter, FAST earned $0.29 per share. Revenues at the company were up...

Shares of United Rentals Inc. (NYSE: URI) are higher on the session by 7.78%, currently trading at $10.25. The stock has been trading largely lower over the past four months, though has been finding support around the $8.50 level. Options traders are buying calls on the name today, betting that...

Here's the Economic Calendar for the week commencing the 12th of July 2010. This week there's inflation figures due out from China, US, UK, EU, and New Zealand. China is also set to release its Q2 GDP figures this week, as well as fixed asset investment, retail sales, PPI, and industrial...

Shares of W.W. Grainger (NYSE: GWW) ended the session higher by 1.75%, trading at $101.57. The stock has been trading largely lower over the past four months and is now struggling to hold the 200-day moving average. Options traders were buying puts today. Though action has been primarily in small...

Piper Jaffray is out with a research report this morning, where it reiterates its Overweight rating on shares of Fastenal Company (NASDAQ: FAST); it has a $63.00 price target on the stock. The Piper Jaffray analysts said, “Checks confirm our 2Q view. Our checks confirmed our view for 2Q as much of...

Here's the Economic Calendar for the week commencing the 5th of July 2010. This week there's a couple more PMI figures out, following the disappointing results from China and the US last week. There's also interest rate decisions due from Australia and Europe, with no changes expected. Other...

MSC Industrial Direct (NYSE: MSM), one of the premier distributors of Metalworking and Maintenance, Repair and Operations supplies to industrial customers throughout the United States, announced that its BOD has declared a cash dividend of $0.22 per share, representing an increase of $0.02 per...