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Stock Market & Financial Investment News

News Breaks
February 20, 2013
06:21 EDTMSMMSC Industrial benefits from strong demand, Bloomberg reports
Strong demand for light bulbs and power tools has made MSC Industrial Direct (MSM) Chairman Mitchell Jacobson a billionaire. The third-largest provider of office and industrial equipment worldwide, the Melville, N.Y.-based company’s shares are up 14% this year after hitting a record high last week. That has pushed the 61-year-old’s net worth to $1.3B, according to the Bloomberg Billionaires Index. Jacobson, the company’s largest shareholder, has never appeared on an international wealth ranking. Reference Link
News For MSM From The Last 14 Days
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April 11, 2014
10:19 EDTMSMMSC Industrial management to meet with BB&T
Meetings to be held in Texas April 16-17 hosted by BB&T.
April 9, 2014
10:00 EDTMSMMSC Industrial rises 6.4%
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07:03 EDTMSMMSC Industrial on track to achieve FY14 adjusted operating margin
The company assumes a continuing moderate sales growth environment.
07:03 EDTMSMMSC Industrial sees Q3 adjusted EPS $1.03-$1.07, consensus $1.07
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07:02 EDTMSMMSC Industrial: Manufacturing environment continues to show improvement
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07:02 EDTMSMMSC Industrial reports Q2 adjusted EPS 87c, consensus 85c
Reports Q2 revenue $661.5M, consensus $664.62M
April 8, 2014
15:12 EDTMSMNotable companies reporting before tomorrow's open
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