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Stock Market & Financial Investment News

News Breaks
December 21, 2012
16:16 EDTAITApplied Industrial acquires Parts Associates, terms not disclosed
Applied Industrial Technologies announced it has acquired Parts Associates, or PAI, of Cleveland, OH. Terms of the sale were not disclosed.
News For AIT From The Last 14 Days
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January 28, 2016
06:41 EDTAITApplied Industrial increases dividend 3.7% to 28c per share
Applied Industrial declared a 1c increase in the quarterly cash dividend to 28c per common share. The dividend is payable on February 29 to shareholders of record on February 16.
06:40 EDTAITApplied Industrial reports Q2 EPS 61c, consensus 61c
Reports Q2 revenue $610.3M, consensus $619.92M.
06:38 EDTAITApplied Industrial lowers FY16 EPS view to $2.45-$2.60 from $2.65-$2.85
Consensus for FY16 EPS is $2.59. Sees FY16 revenue down 8%-10%, consensus $2.56B.

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