AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Wesco Bounces Off 10-Week Moving Avg.(B)(NYSE STOCKS IN THE NEWS)

Investor's Business Daily

| January 05, 2006 | COPYRIGHT 2006 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Paul Whitfield

Pittsburgh-based Wesco International has bounced off its 10-week moving average after finding support there the past three weeks.

The electrical parts and equipment distributor increased sales with two acquisitions in 2005. The acquired companies had higher margins than Wesco, helping the midcap improve its after-tax margin from 1.7% in the fourth quarter of 2004 to 2.7% in the quarter ended in September.

Earnings grew 81%, 57%, 27% and 50% the past four quarters, according to Thomson First Call, while sales rose 16%, 17%, 14% and 16%. Analysts expect fourth-quarter EPS to jump 61% and sales to gain 19%.

Wesco's ...

Related articles from newspapers, magazines, journals, and more
Heller Financial to Acquire HealthCare Financial Partners for $35.00 per Share...
Press release article from: PR Newswire April 20, 1999 700+ words
...20 /PRNewswire/ -- HealthCare Financial Partners, Inc. (NYSE: HCF) and Heller...which Heller will acquire HealthCare Financial Partners for $35.00 per share in a stock...approvals, approval by Healthcare Financial Partners' shareholders, and approval by...
HealthCare Financial Partners Completes Strategic Investment In Private Pay...
Press release article from: Business Wire January 21, 1997 700+ words
...Jan. 21, 1997--HealthCare Financial Partners, Inc. (NASDAQ:HCFP), a specialty...strategic investment, HealthCare Financial Partners will provide $3.3 million of secure...John K. Delaney, CEO of HealthCare Financial Partners, said, "This agreement provides...
Presidio Financial Partners Closes $44.5 Million Fund.
Press release article from: Business Wire May 1, 2008 700+ words
...Companies SAN FRANCISCO -- Presidio Financial Partners LLC, one of the nation's largest...the first fund raised by Presidio Financial Partners and its affiliated investment subsidiary...Rudolph, both of whom joined Presidio Financial Partners during 2007. Schade has over a decade...
Heller Financial to Acquire HealthCare Financial Partners for $35.00 Per Share...
Press release article from: PR Newswire April 20, 1999 700+ words
...Inc. (NYSE: HF) and HealthCare Financial Partners, Inc. (NYSE: HCF) jointly announced...which Heller will acquire HealthCare Financial Partners for $35.00 per share in a stock...approvals, approval by HealthCare Financial Partners' shareholders, and approval by...
SBC Communications Announces Three-Year Deal with Financial Partners Credit...
Press release article from: Business Wire March 21, 2005 700+ words
...Bundled Telecommunications Services for Financial Partners Credit Union, Downey Headquarters...announced a new servicing agreement with Financial Partners Credit Union to provide bundled telecommunications...revenue source to SBC companies as Financial Partners Credit Union is ...
ING Financial Partners Holds First Women Advisors Forum.
Press release article from: PR Newswire May 29, 2008 700+ words
...29 /PRNewswire-FirstCall/ -- ING Financial Partners recently held its first Women Advisors...Karl Lindberg, president and CEO of ING Financial Partners. "ING Financial Partners is committed to giving them the support...
ESSEX FINANCIAL PARTNERS RETRACTS PRESS RELEASE
Press release article from: PR Newswire May 4, 1992 700+ words
ESSEX FINANCIAL PARTNERS RETRACTS PRESS RELEASE VIRGINIA...May 4 /PRNewswire/ -- Essex Financial Partners, L.P. (AMEX: ESX), a...as General Partner of Essex Financial Partners, L.P., and Lawrence N...
John Hancock LTC Insurance Elevated to Core Product by LTC Financial Partners.
Press release article from: PR Newswire June 9, 2005 700+ words
...become a preferred carrier for LTC Financial Partners, a long term care (LTC) insurance...Craig Smith, co- founder of LTC Financial Partners. "We think this enhanced relationship...people throughout the country." LTC Financial Partners was founded in 2003 and today supports...
HealthCare Financial Partners REIT Completes Private Placement of Equity; Net...
Press release article from: PR Newswire May 6, 1998 700+ words
...May 6 /PRNewswire/ -- HealthCare Financial Partners REIT, Inc. (the "REIT"), a...REIT will be managed by HealthCare Financial Partners, Inc. (Nasdaq: HCFP), a commercial...about the initiation of HealthCare Financial Partners REIT. We expect the REIT to capitalize...
Focus Financial Partners Acquires Leading UK-Based Financial Advisory Firm...
Press release article from: Business Wire February 11, 2008 700+ words
...International Expansion NEW YORK -- Focus Financial Partners, LLC, the largest partnership of...anywhere," said Rudy Adolf, Focus Financial Partners' founder and CEO. "Greystone represents...like Greystone, together." Focus Financial Partners, already the largest partnership...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA