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Stock Market & Financial Investment News

News Breaks
June 4, 2014
13:01 EDTUSTRUnited Stationers appoints Ieuter Chief Accounting Officer
United Stationers announced that Christine Ieuter will join the company as vice president, controller and Chief Accounting Officer, effective July 14. Ieuter replaces Kenneth Nickel who announced in March that he was leaving the company.
News For USTR From The Last 14 Days
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October 31, 2014
16:03 EDTUSTRUnited Stationers acquisition of MEDCO seen accretive in first year
United Stationers announced that its wholly-owned subsidiary, United Stationers Supply Co., has completed the acquisition of Liberty Bell Equipment, a United States wholesaler of automotive aftermarket tools and supplies, and its affiliates including G2S Equipment de Fabrication et d'Entretien ULC, a Canadian wholesaler. MEDCO is North America's largest combined Paint, Body and Equipment and Tool & Equipment wholesaler in the automotive aftermarket. MEDCO annual sales are approximately $240M. United Stationers funded this acquisition through a combination of cash on hand and cash available under its revolving credit facility. The transaction is expected to be neutral to earnings in 2014 and accretive within the first year.
October 22, 2014
16:24 EDTUSTRUnited Stationers reports Q3 EPS 98c, consensus 99c
Reports Q3 revenue $1.42B, consensus $1.34B.

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