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Stock Market & Financial Investment News

News Breaks
January 29, 2013
06:35 EDTGPCGenuine Parts upgraded to Buy from Hold at BB&T
News For GPC From The Last 14 Days
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April 22, 2014
11:34 EDTGPCGenuine Parts raises FY14 EPS $4.49-$4.59 from $4.47-$4.57, consensus $4.60
Raises total 2014 revenue growth view to 6%-8% from prior view 5%-7%, consensus $15.03B. This information is from the company's earnings conference call.
11:17 EDTGPCGenuine Parts sees 2014 gross margin in 30% range
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09:03 EDTGPCGenuine Parts reports Q1 EPS $1.02, consensus $1.02
Reports Q1 revenue $3.62B, consensus $3.61B. CEO Thomas Gallagher said, "We are encouraged by our results in the first quarter and pleased to report a solid start to 2014. Our total sales increase included a 10% contribution from acquisitions and 4% underlying sales growth offset by a 1% headwind from currency. Automotive sales remained the strongest among our segments, up 23% and driven by a 17% contribution from the GPC Asia Pacific acquisition and underline growth of approximately 7%."
April 21, 2014
15:16 EDTGPCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Comcast (CMCSA), consensus 64c; United Technologies (UTX), consensus $1.27; McDonald's (MCD), consensus $1.24; Simon Property Group (SPG), consensus $2.24; Lockheed Martin (LMT), consensus $2.53; Bank of New York Mellon (BK), consensus 53c; Illinois Tool Works (ITW), consensus 98c; Travelers (TRV), consensus $2.16; Omnicom Group (OMC), consensus 79c; Pentair (PNR), consensus 73c; Harley-Davidson (HOG), consensus $1.08; Regions Financial (RF), consensus 20c; Genuine Parts Company (GPC), consensus $1.02; Xerox (XRX), consensus 24c; Carlisle (CSL), consensus 53c.
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.

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