Trading Companies & Distributors

A new price target of $21 per share has been issued on Interline Brands Inc. (NYSE: IBI). Shares of the company closed at $17.86 on Friday and have a 52 week range between $6.34 and $18.69. Interline Brands Inc. (NYSE: IBI) operates as a distributor and direct marketer of maintenance, repair, and...

Thomas Weisel (NASDAQ: TWPG) increased the target price for Rex Energy (NASDAQ: REX) to $16, while retaining the previous rating of “overweight”. This follows the joint venture agreement of Anadarko Petroleum (NYSE: APC) with Mitsui E&P USA (NASDAQ: MITSY), for natural gas exploration in...

Atlas Energy (NASDAQ: ATLS) retained its rating of “overweight”, and target price of $40, following the joint venture agreement of Anadarko Petroleum (NYSE: APC) with Mitsui E&P USA (NASDAQ: MITSY), for natural gas exploration in Marcellus, Pennsylvania. Mitsui will be a 32.5% partner in...

Sectors leading the market higher today include Conglomerates, Capital Goods and Healthcare. These leaders show that the market is being lead higher by companies that tend to be considered safer, than those that lead the market yesterday. (Such as the energy and material sectors) The market looks...

Aaron’s Inc. (NYSE: AAN) is scheduled to report its earnings topday. The Rental & Leasing Services Industry group, which consists of companies like Aaron’s, GATX Corp. (NYSE: GMT), Ryder System Inc. (NYSE: R) and Hertz Global Holdings Inc. (NYSE: HTZ) has been underperforming, and has given...

Anadarko Petroleum Corp. (NYSE: APC), and Mitsui E&P USA LLC, a unit of Mitsui & Co. Ltd. (ADR) (NASDAQ: MITSY) have entered into a joint-venture agreement worth $1.4 billion to explore natural gas in the Marcellus Shale in Pennsylvania. Under the terms of the agreement, Mitsui E&P...

Analysts at Jefferies & Co maintain their "hold" rating on Textainer (NYSE: TGH), while raising their estimates for the company. The target price for TGH has been raised from $16 to $19. According to Jefferies & Co, Textainer reported its Q4 EPS ahead of the estimates and the consensus,...

US wholesale inventories unexpectedly fell 0.8% to $383.57 billion in December, prompting analysts to suggest higher-than-expected growth in the economy in the fourth quarter. Wall Street was expecting an increase in December wholesale inventories by 0.5%. The revised November wholesale inventories...

Analysts at FBR Capital Markets maintain their "outperform" rating on WW Grainger Inc (NYSE: GWW), while raising their estimates for the company. The target price for GWW has been raised from $123 to $124. According to FBR Capital Markets, WW Grainger reported its Q4 results ahead of the...

Analysts at CL King maintain their "accumulate" rating on Columbus McKinnon Corporation (NASDAQ: CMCO). The target price for CMCO is set to $18. Columbus McKinnon is scheduled to report its 3Q10 earnings on January 18. “We expect CMCO to report adjusted EPS, excluding restructuring charges, of $0....

According to a recent report released by Longbow Research, GATX Corp.(GMT) is likely to provide below-par guidance. Longbow research has maintained its ‘Neutral’ rating for the firm. The report also states that EPS is expected to remain below the street estimate of $0.37. Longbow had pegged the...

Analyst Thomas L Hayes of Piper Jaffray reiterates his “overweight” rating on Fastenal Company (NASDAQ: FAST). The target price for FAST is set to $54. Fastenal is poised for robust growth over the next couple of years, the analyst believes. FAST is Piper Jaffray’s “favorite large-cap name.”...

Losers were few and far between on Tuesday, so to see a loser falling on heavy volume is particularly concerning. Not that it was the proverbial nail in the coffin for any of these names, but Fastenal Company (Nasdaq: FAST), Community Health Systems, Inc. (NYSE: CYH), Blackboard Inc. (Nasdaq: BBBB...

A day after closing at their multi-month peak, U.S. stocks registered their worst one-day decline of the year on Friday as concerns ranging from China’s move to curb bank lending to JP Morgan’s rising loan losses had investors selling shares.  An unsatisfying reading on consumer sentiment also...

William Blair & Company has released a preview of fourth quarter earnings of W.W. Grainger Inc. (NYSE: GWW). Analysts at William Blair & Company forecast sales to rise 0.03% to $1.60 billion with EPS falling 14.8% to $1.20 for W.W. Grainger Inc. According to analysts, average daily sales...