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Stock Market & Financial Investment News

News Breaks
November 19, 2012
12:47 EDTGPCGenuine Parts CFO Jerry Nix to retire effective March 1, 2013
Genuine Parts announced that Jerry Nix has informed the Board of Directors of his plan to retire as CFO of the company, effective March 1, 2013. The company also announced that its Board has elected Carol B. Yancey to the position of Executive Vice President of Finance and Corporate Secretary. Yancey will assume the role of CFO upon Nix's retirement. Yancey has been with the company for nearly 22 years and was previously Senior Vice President of Finance and Corporate Secretary of Genuine Parts Company.
News For GPC From The Last 14 Days
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April 16, 2014
05:29 EDTGPCGenuine Parts upgraded to Neutral from Sell at Goldman
Goldman upgraded Genuine Parts to Neutral citing valuation and expectations for growth acceleration. The firm raised its price target for shares to $88 from $84.
April 8, 2014
11:41 EDTGPCUnited Stationers down after Genuine Parts unit wins Office Depot contract
Shares of United Stationers (USTR) are moving lower after Office Products International, a publication for the office products industry, reported yesterday that S.P. Richards confirmed it won the first-call wholesale business for Office Depot (ODP) in the U.S. United Stationers and S.P. Richards, a unit of Genuine Parts (GPC), are both suppliers to Office Depot. Shares of United Stationers are down 4% to $38.08 in morning trading. Shares of Genuine Parts are up 1% to $85.63.

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