General Building Materials

(FAST) Fastenal Company – Bull of the Day

Fastenal Company (FAST) has been eyeing profitable government projects in order to strengthen its position in local markets. Moreover, the company has undertaken several steps that will simultaneously upgrade its services and reduce costs. Its hub and spoke model and aggressive... 

16Jan2012 | | 0 comments | Continued

(RPM) U.S. Airline Traffic Slows in November

The airline industry needs to figure out ways to counter rising fuel expenses, which is estimated at $178 billion for this year and $198 billion for the next. Fuel will account for 30% of industry costs compared with 13% a decade ago. Despite higher ticket prices and improved... 

14Dec2011 | | 0 comments | Continued

(RPM) U.S. Air Traffic Shows Mixed for October

Air traffic remained mixed in October, like the month before. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies one mile flown by one passenger. The consolidated October traffic fell 5.1% at the largest U.S. airline United Continental Holdings... 

10Nov2011 | | 0 comments | Continued

(RPM) Mixed Aviation Industry Traffic in September

Despite a strong profit outlook for 2011 by The International Air Transport Association (IATA) as well as fare hikes and capacity pull backs, air carriers posted mixed traffic results in September primarily on fluctuations in economic conditions and debt concerns in Europe. Airline... 

17Oct2011 | | 0 comments | Continued

(FAST) Fastenal Company – Bull of the Day

Fastenal Co. (FAST) is one of the leading distributors of industrial and construction supplies and fasteners. It has a diversified customer base that helps it retain its market position even during the toughest times. Moreover, the hub and spoke model employed to improve the... 

23Aug2011 | | 0 comments | Continued

(RPM) U.S. July Air Traffic Improves

Despite rising fuel prices, renewed uncertainties in the U.S. economy as well as debt concerns in Europe, air carriers’ traffic improved in July on high fares and capacity cuts. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies one mile... 

22Aug2011 | | 0 comments | Continued

(VAL) Valspar Reports Earnings In Line With Forecast

The Valspar Corporation’s (VAL) net earnings moved up 10 cents to 80 cents in the third quarter of 2011 from last year’s 70 cents and were in line with the Zacks Consensus Estimate. Adjusted net earnings excluded 10 cents per share restructuring charge. Including these charges... 

16Aug2011 | | 0 comments | Continued

(RPM) U.S. June Air Traffic Analysis

Despite the lingering uncertainty in U.S. recovery as well as debt concerns in Europe, the demand for air travel has rebounded to some extent after the March 2011 Japan catastrophe. For the past several months, air carriers have been struggling with rising fuel prices. In order... 

12Jul2011 | | 0 comments | Continued

(VAL) Valspar Launches Valspar Plus Paint

The Valspar Corporation’s (VAL) Valspar Paint launched the first indoor decorative paint, which has been certified by the Asthma and Allergy Foundation of America (AAFA). The Valspar Plus paint, certified as asthma and allergy friendly, decreases airborne irritants and enhances... 

1Jul2011 | | 0 comments | Continued

(APOG) Company News for June 23, 2011 – Corporate Summary

•    Shares of Robbins & Myers, Inc. (NYSE:RBN) jumped 8.77% on strong fiscal third-quarter profits. The energy equipment supplier said strong customer demand and the recent acquisition of oilfield services has helped the company’s increase its profits •   ... 

23Jun2011 | | 0 comments | Continued

(APOG) Apogee Enterprises Beats Estimates

The leader in technologies for the design and development of value-added glass products Apogee Enterprises Inc. (APOG) recently announced fiscal 2012 first quarter results, minimizing its per share loss to 8 cents from 13 cents in the year-earlier quarter, ahead of the Zacks... 

22Jun2011 | | 0 comments | Continued

(VMC) Vulcan Materials Completes Bond Issuance

Vulcan Materials Company (VMC) recently announced the completion of its $1.1 billion bond issuance, which has received orders worth $3.2 billion.  The company reported that the bond issuance was undertaken to reduce its debt that is due over the next several years. Vulcan Materials... 

19Jun2011 | | 0 comments | Continued

(VMC) Vulcan Materials 2011 First Quarter Earnings Preview

Vulcan Materials Company (VMC) announced that it would release its results for the first quarter of 2011 after the market closes on May 4, 2011. Alabama-based Vulcan Materials realized a loss of 36 cents per share in the fourth quarter from continuing operations, deteriorating... 

3May2011 | | 0 comments | Continued

(FAST) Fastenal 2011 First Quarter Earnings Preview

Fastenal Co. (FAST) announced that it would release its results for the first quarter of fiscal 2011 before the market opens on April 12, 2011. Winona-based Fastenal earned a profit of 44 cents in the fourth quarter, marginally behind the Zacks Consensus Estimate of 45 cents. In... 

12Apr2011 | | 0 comments | Continued

(FAST) Fastenal’s Quarterly Report Beats Estimates

Fastenal Co. (FAST) reported a profit of $79.5 million in the first quarter of 2011, up 42% from $56.0 million in the year-ago quarter. This translates into earnings of 54 cents per share, which has surpassed the year-ago earnings of 38 cents per share by 42.1%. Reported earnings... 

12Apr2011 | | 0 comments | Continued

(RPM) U.S. Airline Traffic Marks Modest Improvement

The U.S. air carriers recorded only modest improvements in traffic during March. Airline traffic is measured in billions of revenue passenger miles (RPM), which implies one mile flown by one passenger. Following the massive earthquake and tsunami in Japan on March 11, carriers... 

8Apr2011 | | 0 comments | Continued

(RPM) Airlines Soar Despite High Fares

Jet fuel prices rose over 53% as oil price increased to above $100 per barrel given the ongoing civil unrest in the Middle East. Despite the sharp rise in fuel prices, airline traffic picked up significantly in February attributable to a strong revival in the economy. The month... 

13Mar2011 | | 0 comments | Continued

(VMC) Vulcan Materials Company – Bear of the Day

Despite being the largest producer of construction aggregates and a leading producer of other construction materials, Vulcan Materials (VMC) faces intense competition and a challenging environment. The nearly stalled construction business has yet to show positive signs of recovery,... 

27Dec2010 | | 0 comments | Continued

(UAL) Airline Industry on Track for Profitable 2010

The U.S. airline industry is on track for a profitable year after a drought of two years. Airline traffic in 2010 has shown an improvement with a surge in business travel and premium service demand from the year-ago levels. We expect demand for air travel to continue showing... 

10Dec2010 | | 0 comments | Continued

(RPM) September Air Traffic Rebounds – Business Travel Increases

The U.S. airline industry is on track for a profitable year after a long drought. Currently, airlines are benefiting from the rebound in traffic Incorporatedluding an increase in business travel and premium service demand. With signs of sustained economic growth, the International... 

12Oct2010 | | 0 comments | Continued

(RPM) U.S. Aviation Travel Traffic Rises in August

August has been a busy month for airliners with traffic showing signs of increase. The economic downturn in 2009 and the oil price hike in 2008 had affected the airline industry during the past two years. Now, with the economic recovery, demand for air travel is increasing from... 

9Sep2010 | | 0 comments | Continued

(VAL) Valspar Corporation Earnings Barely Miss Expectations

Paints and coatings maker Valspar Corp. (VAL) recorded net income of $75.1 million or 74 cents per share in the third quarter of fiscal 2010, up 15.5% from last year’s $65 million or 61 cents per share. Earnings were helped by a stronger catings business that negated subdued... 

18Aug2010 | | 0 comments | Continued

(FAST) Fastenal – Balance Sheet Looks Solid

Fastenal (FAST) shares look expensive, trading at 28x 2010 consensus EPS estimates. However, given the company’s stellar growth prospects over the next few years, Fastenal’s P/E multiple is reasonable. Business Fastenal operates as a wholesaler and retailer of industrial... 

2Aug2010 | | 0 comments | Continued

(VAL) Valspar Corporation Reports Strong First Quarter

Net earnings for Valspar Corporation (VAL), one of the largest paints and coatings manufacturers globally, improved a robust 69% to 61 cents per share in the second quarter of fiscal 2010 compared with net earnings of 36 cents in the year-ago period. Quarterly revenues increased... 

24May2010 | | 0 comments | Continued

(OC) Owens Corning – Earnings Report Blew Away Estimates

Owens Corning (OC) analysts have drastically increased their estimates, keeping shares fairly priced. With the market weighing on stocks, this could be a good buying opportunity. Company Description Owens Corning makes residential and commercial building materials. The company... 

18May2010 | | 0 comments | Continued

(FAST) Fastenal Earnings Report Exceeds Estimates

Fastenal Co. (FAST) of Winona, Minnesota has earned $56 million or 38 cents per share in the first quarter ended March 31, 2009, compared with $49 million or 33 cents per share in the year-ago period. With this, the company has beaten the Zacks Consensus Estimate of 33 cents... 

13Apr2010 | | 0 comments | Continued

(APOG) Apogee Enterprises Misses Estimates by a Mile

Apogee Enterprises Inc. (APOG) earned a modest 1 cent in the fourth quarter of fiscal 2010, missing the Zacks Consensus Estimate of 11 cents. Reported earnings were negligible against last year’s 40 cents. The Minneapolis-based leader in technology involving the design and... 

12Apr2010 | | 0 comments | Continued

(FNM) U.S. Existing Home Sales Slip Slightly

Existing home sales fell by 0.6% (seasonally adjusted annual rate) to 5.02 million from a 5.05 million rate in January. This was just 7.0% above the extremely depressed rate of a year ago. However, it was slightly better than the consensus expectations of a 5.00 million rate. Existing... 

27Mar2010 | | 0 comments | Continued

(NCS) NCI Building Systems Posts Sluggish Results

Recently, NCI Building Systems, Inc. (NCS) reported discouraging financial results for the first quarter of fiscal 2010. Revenues for the quarter contracted by 29.8% year-over-year driven by the decline in market demand as well as decrease in steel prices. Revenues reached $182.9... 

19Mar2010 | | 0 comments | Continued

(VMC) Vulcan Materials – Bear of the Day

Despite being the largest producer of construction aggregates and a leading producer of other construction materials, Vulcan Materials (VMC) faces a challenging environment in the construction industry. The economic crisis, leading to a significant reduction in new home construction,... 

9Feb2010 | | 0 comments | Continued