Trading Companies & Distributors

This is your Benzinga news summary and traders' outlook for Thursday, September 1, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, Dow futures are down by about 25 points or 0.2%...

Oppenheimer downgraded RPM International Inc (NYSE: RPM) from “perform” to “underperform.” RPM's shares closed at $20.84 yesterday. RPM's trailing-twelve-month ROA is 6.61%. Goldman Sachs Group Inc (The) (NYSE: GS) was downgraded by ISI Group from "buy" to "hold." GS' shares closed at $116.22...

Jefferies & Company has downgraded Kaman Corporation (NASDAQ: KAMN) from Buy to Hold and has lowered the price target from $41 to $36.

Grainger (NYSE: GWW) today announced it has completed its acquisition of Fabory Group, a leading European distributor of fasteners and related MRO products. Grainger announced its intention to acquire Fabory on August 15, 2011 and anticipates that the transaction will be neutral to earnings per...

Raymond James has initiated coverage on Beacon Roofing Supply (NASDAQ: BECN) with an Outperform rating and $20 price target.

Shares of Fastenal (NASDAQ: FAST) are higher on the session by 1.99%, currently trading at $30.71. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

WESCO International, Inc. (NYSE: WCC) today announced that its wholly-owned operating subsidiary WESCO Distribution, Inc., together with certain other subsidiaries, has entered into a new senior secured revolving credit facility which replaces its previous secured revolving credit facility, and has...

Below are the top small-cap industrial equipment wholesale stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Anixter International Inc (NYSE: AXE) for the next year ending December, 2012 is $6.45 per share. AXE's PEG ratio is 0.60. WESCO...

Shares of United Rentals (NYSE: URI) are lower on the session by 2.75%, currently trading at $16.63. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

Kaman Corporation (NASDAQ: KAMN) shares moved up 2.39% to $34.64 at 10:20 am. The volume of KAMN shares traded was 387% higher than normal. The US Army awarded Lockheed Martin (NYSE: LMT) a $47 million contract to develop autonomous technologies. Dollar General Corporation (NYSE: DG) shares rose...