WCC: WESCO International, Inc. Instablogs

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Saturday, May 4, 3:52 PM Barron's is out with its list of the 500 financially strongest companies as ranked after a rigorous cash and sales analysis. A quick filter on the list shows a good chunk of the names trade with a single-digit price to earnings ratio including Goodyear Tire & Rubber (GT). Despite all the buzz about booming auto sales in the U.S. and China, concerns about growth for Goodyear's products in other regions of the globe have lowered expectations. But with auto sale estimates for full-year being taken higher, Goodyear could see enough consistent revenue growth to justify a higher trading multiple. (Top 25: AAPL, WCC, WDC, DVA, CHRW, QCOM, JOY, V, STX, MRC, MA, CVI, COF, SYMC, MCK, WCG, ETN, BRCM, TMO, CI, CBI, NOV, WNR, HFC, DK) 39 Comments [Consumer, Quick Ideas]
Thursday, April 18, 6:35 AM Wesco (WCC): Q1 EPS of $1.12 misses by $0.02. Revenue of $1.81B (+12.6% Y/Y) misses by $0.02B. (PR) Comment! [Earnings, Breaking News]
Thursday, January 31, 6:28 AM Wesco (WCC): Q4 EPS of $1.06 misses by $0.02. Revenue of $1.64B (+3.5% Y/Y) misses by $0.01B. (PR) Comment! [Earnings, Breaking News]
Tuesday, January 22, 5:41 PM After-hours top gainers, as of 5:15 p.m.: CREE +15%. ISRG +9%. GOOG +5%. IBM +4%. SNE +2%.
After-hours top losers: STRI -21%. BNNY -11%. WCC -4%. SNH -3%. IVR -3%. Comment! [On the Move]
Wednesday, November 14, 2012, 5:01 PM Third Point reports initiating new stakes in Mondelez (MDLZ), Nexen (NXY), Symantec (SYMC), WESCO (WCC), Autodesk (ADSK), while increasing its stakes in AIG (AIG), Apple (AAPL), Murphy Oil (MUR) and LyondellBasell (LYB). The firm liquidated positions in Plains Exploration (PXP), Liberty (LINTA), News Corp (NWSA), Capital One (COF) and DISH (DISH) over the quarter, and reduced stakes in Cigna (CI), ARIAD (ARIA), Cabot (COG) and Coca-Cola Enterprises (CCE). (13-F) 1 Comment [Financials]
Thursday, October 18, 2012, 12:45 PM Midday top 10 gainers: CYBI +81%. OEH +26%. BWEN +23%. IESC +20%. ETH +20%. GIVN +18%. AEGR +17%. VIMC +16%. WCC +14%. CHCI +13.
Top 10 Losers: ALGN -24%. MNKD -23%. MLNX -21%. CYTR -19%. GORO -16%. IMUC -14%. RCON -13%. LXRX -11%. BCOM -11%. UFPI -11%. Comment! [On the Move]
Thursday, October 18, 2012, 9:10 AM Premarket gainers: GIVN +13%. WCC +11%. SVU +9%. JNPR +7%. NVAX +7%. MGM +6%. AEGR +5%.
Losers: MNKD -25%. CYTR -20%. ALGN -20%. IMUC -18%. LXRX -16%. MLNX -15%. GORO -14%. CDR -7%. SCSS -7%. VRNG -6%. 1 Comment [On the Move]
Thursday, October 18, 2012, 8:33 AM Wesco International (WCC) +10% premarket after agreeing to acquire Canada’s Eecol Electric and its affiliated companies for ~C$1.14B to expand the South American presence of the distributor of electrical products. (also: earnings) Comment! [M&A, On the Move]
Thursday, October 18, 2012, 6:24 AM WESCO International (WCC): Q3 EPS of $1.25 beats by $0.01. Revenue of $1.66B (+4.8% Y/Y) misses by $70M. (PR) Comment! [Earnings, Tech]
Thursday, July 19, 2012, 6:54 AM WESCO International (WCC): Q2 EPS of $1.15 misses by $0.07. Revenue of $1.67B (+9.7% Y/Y) misses by $30M. (PR) Comment! [Earnings, Tech]
Wednesday, June 6, 2012, 10:45 AM WESCO International (WCC +2.2%) gains after saying it's appointed Kenneth S. Parks as the company's new CFO, effective June 6. Comment! [On the Move]
Friday, May 25, 2012, 12:27 PM WESCO International (WCC -1.4%) slips on a tepid initiation by Wunderlich earlier this morning, starting the shares with a less than stellar Hold rating and a price target of $64 per share. Wunderlich says the weak rating is driven by a below-consensus 2012 EPS view largely resulting from revenue growth 80-90 bps slower than Street projections. The firm adds that near-term macro factors could present 2H12 challenges given the emergence of slowing business spending over the past five to six months. Comment! [On the Move]
Thursday, April 19, 2012, 6:57 AM WESCO International (WCC): Q1 EPS of $1.03 beats by $0.07. Revenue of $1.61B (+12.2% Y/Y) beats by $30M. (PR) Comment! [Earnings, Tech]
Monday, February 6, 2012, 6:58 PM WESCO International (WCC) says Richard Heyse is no longer CFO of the company. No details were given on his departure. Stephen Van Oss, who had served in the role previously, has been appointed as interim Chief Financial Officer until a suitable replacement is found. Comment!
Thursday, January 26, 2012, 6:47 AM WESCO International (WCC): Q4 EPS of $1.12 beats by $0.14. Revenue of $1.59B (+19% Y/Y) beats by $60M. (PR) Comment! [Earnings, Tech]
Thursday, December 22, 2011, 6:36 PM The EPA’s new rules meant to curb power plant pollution could result in dozens of plants shutting down, but Barclays says some companies may benefit. GE could see higher demand as companies look to add new plants with gas turbines; since GE Power may be GE’s most important business, the stock could enjoy a boost. Other potential beneficiaries: SPW, CBE, TNB, HUBB, WCC. 5 Comments [Energy, Quick Ideas]

WCC WESCO International, Inc.

WCC

WESCO International, Inc.