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Stock Market & Financial Investment News

News Breaks
August 7, 2013
13:18 EDTWCCWESCO sees FY13 sales up 14%-16%, with organic growth flat
Sees FY13 gross margins 20.9%, with operating margins 6%.
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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