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Stock Market & Financial Investment News

News Breaks
February 19, 2013
13:40 EDTGPCGenuine Parts saw a meaningful deceleration in industrial business
After being up 12% in Q1, the industrial operations segment of Genuine Parts, GPC, up was 8% in Q2, 4.5% in Q3, and 2% in Q4. These trends are consistent with what GPC has seen across the industry. Of particular interest is the fact that the Q4 slowdown became more pronounced in the final weeks of December. These comments are from the company's Q4 earnings conference call.
News For GPC From The Last 14 Days
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July 20, 2015
11:35 EDTGPCGenuine Parts cuts FY15 EPS view to $4.65-$4.70 from $4.70-$4.80
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11:30 EDTGPCGenuine Parts now sees FY15 free cash flow $350M-$450M
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08:43 EDTGPCGenuine Parts says Q2 results due to 'choppiness in the economy'
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08:42 EDTGPCGenuine Parts reports Q2 EPS $1.28, consensus $1.33
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July 17, 2015
14:09 EDTGPCGenuine Parts technical notes ahead of earnings news
The stock has been trading in a stable but bearish price channel since late January of this year. The $90 level as support now comes into play, with price last at $90.40. The $90 area had been significant resistance through much of 2014 before the breakout in October. If the $90 area was taken out on the downside on bearish news, next supports below would be at $88.17, $85.35, $83.43, and $82.17. The latter level was the low of the range from February 2014, with the $85 area being the primary support. If the news is a bullish surprise, the top of the price channel is at the $92 area. A breakout above that level would snap the shorter-term downtrend. Additional resistance levels to watch as potential upside objectives would be at $94.21, $95.24, and $98.40.
09:04 EDTGPCGenuine Parts acquires Australia's Covs Parts
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