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Stock Market & Financial Investment News

News Breaks
January 31, 2013
11:12 EDTWCCWESCO shares should be bought on weakness, says MKM Partners
After WESCO reported lower than expected Q4 EPS, MKM Partners believes that earnings-related weakness in WESCO creates an attractive entry point in the stock for all investors. The firm believes that the company may report results that are stronger than the average of its peers in 2H13.
News For WCC From The Last 14 Days
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December 18, 2014
09:32 EDTWCCWESCO upgraded to Positive from Neutral at Susquehanna
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07:47 EDTWCCWESCO price target lowered to $90 from $95 at UBS
UBS lowered its price target on WESCO to $90 from $95 to reflect guidance that was below the Street's estimates. UBS maintained its Buy rating on WESCO shares.
07:26 EDTWCCWESCO outlook not as bad as feared, says RBC Capital
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December 17, 2014
09:09 EDTWCCWESCO authorizes $300M share repurchase program
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09:07 EDTWCCWESCO sees FY15 EPS $5.50-$5.90, consensus $6.06
FY15 sales growth estimated in the range of 3%-6%, consensus $8.37B. Sees FY15 free cash flow to be approximately 80% of net income. CEO John Engel said, "Our acquisition pipeline remains robust, and we see excellent ongoing opportunities to strengthen our electrical core and broaden our portfolio of products and services."
09:06 EDTWCCWESCO sees FY14 EPS at lower end of $5.25-$5.35 range, consensus $5.28
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December 11, 2014
09:04 EDTWCCWESCO to host conference call
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December 8, 2014
09:03 EDTWCCConcurrent announces strategic agreement with WESCO division
Concurrent (CCUR) announced a strategic agreement with TVC Communications, a division of WESCO Distribution (WCC), to resell Concurrent’s UpShift Unified Content Delivery Solution to customers throughout the Caribbean and Latin America.

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