Barnes Group ( B -2% ) says it's completed the sale of its North American distribution business to MSC Industrial Direct ( MSM +0.5% ), for approximately $550M in cash. As a result of the sale, B has updated FY13 guidance
Narrow-moat MSC Industrial MSM reported weak second-quarter results on Wednesday, essentially echoing its first-quarter results. Management noted that the business environment didn’t match the optimistic U.S. Purchasing Managers Index readings of above 50. We are lowering our near-term estimates,
We expect MSC will continue to capture a greater share of its customers' MRO spending.
Good morning and welcome to the MSC Industrial Direct Second Quarter 2013 Conference Call. All participants will be in listen-only mode. After today's presentation there will
MSC Industrial Direct ( MSM ) declares $0.30/share quarterly dividend, in line with previous. Forward yield 1.45%. For shareholders of record Apr. 16. Payable Apr. 30. Ex-div date Apr. 12. ( PR ) Post your comment!
By Emerging Growth : MSC Industrial Direct Co. Inc. (NYSE: MSM ) announced last month that it has signed a definitive agreement to acquire substantially all of the assets
MSC Industrial Direct ( MSM ) agrees to acquire all assets and assume certain liabilities of the North American distribution business of the Barnes Group
Feb 22 (Reuters) - Industrial products distributor MSC Industrial Direct Co Inc said it would buy the North American distribution business of Barnes Group Inc for $550 million.
MSC Industrial Direct Co Inc ( MSM ): FQ1 EPS of $1.01 in-line. Revenue of $577.5M (+5.8% Y/Y) misses by $5M . ( PR ) Post your comment!
Good morning, and welcome to MSC's Fiscal 2013 First quarter Results Conference Call. All participants will be in listen-only mode. After today's presentation there will be an opportunity to ask questions. Please note this event is being recorded.