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	<title>Stock Blog Hub &#187; Fastenal Company</title>
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		<title>(FAST) Fastenal Company &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2012/01/16/fast-fastenal-company-bull-of-the-day-2/90238</link>
		<comments>http://www.stockbloghub.com/2012/01/16/fast-fastenal-company-bull-of-the-day-2/90238#comments</comments>
		<pubDate>Mon, 16 Jan 2012 23:37:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90238</guid>
		<description><![CDATA[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 store expansion strategy supported by an improving cash flow will also increase customer satisfaction and benefit its business going forward. The company&#8217;s profits in the most recent quarter were in line with the Zacks Consensus Estimate of $0.33 per share. Therefore, we have upgraded our recommendation on the shares of Fastenal from Neutral to Outperform. Our $55 target price, 39.6x our 2012 EPS estimate, reflects this view. FASTENAL (FAST): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/16/fast-fastenal-company-bull-of-the-day-2/90238/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ATHN) Grading the Investment U Gurus 2011: Marc Lichtenfeld</title>
		<link>http://www.stockbloghub.com/2012/01/09/athn-grading-the-investment-u-gurus-2011-marc-lichtenfeld-2/89047</link>
		<comments>http://www.stockbloghub.com/2012/01/09/athn-grading-the-investment-u-gurus-2011-marc-lichtenfeld-2/89047#comments</comments>
		<pubDate>Mon, 09 Jan 2012 16:44:49 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Abbott Laboratories]]></category>
		<category><![CDATA[ABT]]></category>
		<category><![CDATA[AINV]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Apollo Investment Corporation]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Athenahealth Inc]]></category>
		<category><![CDATA[ATHN]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[Bristol-Myers Squibb Company]]></category>
		<category><![CDATA[Capstead Mortgage Corporation]]></category>
		<category><![CDATA[CMO]]></category>
		<category><![CDATA[ESRX]]></category>
		<category><![CDATA[Express Scripts Inc.]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[Genuine Parts Company]]></category>
		<category><![CDATA[GPC]]></category>
		<category><![CDATA[ISIS]]></category>
		<category><![CDATA[Isis Pharmaceuticals Inc]]></category>
		<category><![CDATA[JOE]]></category>
		<category><![CDATA[MCK]]></category>
		<category><![CDATA[McKesson Corporation]]></category>
		<category><![CDATA[MDP]]></category>
		<category><![CDATA[MedcoHealth Solutions Inc.]]></category>
		<category><![CDATA[Meredith Corporation]]></category>
		<category><![CDATA[MHS]]></category>
		<category><![CDATA[NOC]]></category>
		<category><![CDATA[Northrop Grumman Corporation]]></category>
		<category><![CDATA[Old Republic International Corporation]]></category>
		<category><![CDATA[ORI]]></category>
		<category><![CDATA[The St. Joe Company]]></category>
		<category><![CDATA[VAR]]></category>
		<category><![CDATA[Varian Medical Systems Inc]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89047</guid>
		<description><![CDATA[by Marc Lichtenfeld, Investment U Senior Analyst Tuesday, December 20, 2011: Issue #1668 I’m excited when my kids bring home their report cards. They’re terrific students, work hard and always bring home good grades. However, it’s always a little nerve-wracking to tabulate my own report card based on my market calls at the end of the year. The market isn’t nearly as forgiving as a second grade teacher. But nevertheless, it’s an important exercise to see what I got right and what I got wrong… what I may have been a little “early” on. So here goes: In my January 14 column, I talked about the rising trend of healthcare information technology and said two of my favorite stocks in the space were AthenaHealth (Nasdaq: ATHN) and McKesson (NYSE: MCK). ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/09/athn-grading-the-investment-u-gurus-2011-marc-lichtenfeld-2/89047/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ATHN) Grading the Investment U Gurus 2011: Marc Lichtenfeld</title>
		<link>http://www.stockbloghub.com/2011/12/21/athn-grading-the-investment-u-gurus-2011-marc-lichtenfeld/88979</link>
		<comments>http://www.stockbloghub.com/2011/12/21/athn-grading-the-investment-u-gurus-2011-marc-lichtenfeld/88979#comments</comments>
		<pubDate>Wed, 21 Dec 2011 17:42:14 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Abbott Laboratories]]></category>
		<category><![CDATA[ABT]]></category>
		<category><![CDATA[AINV]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Apollo Investment Corporation]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Athenahealth Inc]]></category>
		<category><![CDATA[ATHN]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BMY]]></category>
		<category><![CDATA[Bristol-Myers Squibb Company]]></category>
		<category><![CDATA[Capstead Mortgage Corporation]]></category>
		<category><![CDATA[CMO]]></category>
		<category><![CDATA[ESRX]]></category>
		<category><![CDATA[Express Scripts Inc.]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[Genuine Parts Company]]></category>
		<category><![CDATA[GPC]]></category>
		<category><![CDATA[ISIS]]></category>
		<category><![CDATA[Isis Pharmaceuticals Inc]]></category>
		<category><![CDATA[JOE]]></category>
		<category><![CDATA[MCK]]></category>
		<category><![CDATA[McKesson Corporation]]></category>
		<category><![CDATA[MDP]]></category>
		<category><![CDATA[MedcoHealth Solutions Inc.]]></category>
		<category><![CDATA[Meredith Corporation]]></category>
		<category><![CDATA[MHS]]></category>
		<category><![CDATA[NOC]]></category>
		<category><![CDATA[Northrop Grumman Corporation]]></category>
		<category><![CDATA[Old Republic International Corporation]]></category>
		<category><![CDATA[ORI]]></category>
		<category><![CDATA[The St. Joe Company]]></category>
		<category><![CDATA[VAR]]></category>
		<category><![CDATA[Varian Medical Systems Inc]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88979</guid>
		<description><![CDATA[by Marc Lichtenfeld, Investment U Senior Analyst Tuesday, December 20, 2011: Issue #1668 I’m excited when my kids bring home their report cards. They’re terrific students, work hard and always bring home good grades. However, it’s always a little nerve-wracking to tabulate my own report card based on my market calls at the end of the year. The market isn’t nearly as forgiving as a second grade teacher. But nevertheless, it’s an important exercise to see what I got right and what I got wrong… what I may have been a little “early” on. So here goes: In my January 14 column, I talked about the rising trend of healthcare information technology and said two of my favorite stocks in the space were AthenaHealth (Nasdaq: ATHN) and McKesson (NYSE: MCK). ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/21/athn-grading-the-investment-u-gurus-2011-marc-lichtenfeld/88979/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FAST) Fastenal Company &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/08/23/fast-fastenal-company-bull-of-the-day/81845</link>
		<comments>http://www.stockbloghub.com/2011/08/23/fast-fastenal-company-bull-of-the-day/81845#comments</comments>
		<pubDate>Tue, 23 Aug 2011 16:14:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81845</guid>
		<description><![CDATA[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 level of customer services will also increase customer satisfaction and benefit its business going forward. In addition, Fastenal is focused on expanding its product portfolio. Furthermore, the company&#8217;s collaborative efforts to work with state governments will strengthen its position in the local market. Earnings in the most recent quarter marginally exceeded the Zacks Consensus Estimate by $0.01 per share. Given these conditions, we upgraded our recommendation on shares of Fastenal to Outperform from Neutral and set a target price of $41. FASTENAL (FAST): Free Stock Analysis ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/23/fast-fastenal-company-bull-of-the-day/81845/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GWW) W.W. Grainger Reports Record First Quarter &#8211; Guides Higher</title>
		<link>http://www.stockbloghub.com/2011/04/27/gww-w-w-grainger-reports-record-first-quarter-guides-higher/71784</link>
		<comments>http://www.stockbloghub.com/2011/04/27/gww-w-w-grainger-reports-record-first-quarter-guides-higher/71784#comments</comments>
		<pubDate>Wed, 27 Apr 2011 17:50:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electronics Wholesale]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[AIT]]></category>
		<category><![CDATA[Applied Industrial Technologies Inc]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[GWW]]></category>
		<category><![CDATA[W.W. Grainger Inc]]></category>
		<category><![CDATA[WCC]]></category>
		<category><![CDATA[WESCO International Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71784</guid>
		<description><![CDATA[W.W. Grainger Inc. (GWW) delivered record earnings per share (EPS) of $2.18 in its fiscal 2011 first quarter ended March 31, 2011, up 58% from an adjusted EPS of $1.38 in the year-ago period. Earnings were way ahead of the Zacks Consensus Estimate of $1.79. The impressive results were driven by expanding product lines, providing new services complementing Grainger’s products, investments in eCommerce and enhancement of sales force. These efforts have helped gain market share in North America as well as penetration in the high growth, emerging markets. The prior-year quarter’s EPS excluded a 15 cent per share expense related to the tax treatment of retiree healthcare benefits following the passage of the Patient Protection and Affordable Care Act, and an 8 cent per share benefit from changes to the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/27/gww-w-w-grainger-reports-record-first-quarter-guides-higher/71784/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ANF) Company News for April 13, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/04/13/anf-company-news-for-april-13-2011-corporate-summary/71420</link>
		<comments>http://www.stockbloghub.com/2011/04/13/anf-company-news-for-april-13-2011-corporate-summary/71420#comments</comments>
		<pubDate>Wed, 13 Apr 2011 18:15:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Apparel Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Abercrombie & Fitch Company]]></category>
		<category><![CDATA[ANF]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[HCSG]]></category>
		<category><![CDATA[Healthcare Services Group Inc]]></category>
		<category><![CDATA[Monster Worldwide Inc]]></category>
		<category><![CDATA[MWW]]></category>
		<category><![CDATA[Safe Bulkers Inc.]]></category>
		<category><![CDATA[SB]]></category>
		<category><![CDATA[SKH]]></category>
		<category><![CDATA[Skilled Healthcare Group Inc.]]></category>
		<category><![CDATA[WMS]]></category>
		<category><![CDATA[WMS Industries Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71420</guid>
		<description><![CDATA[• According to a report, Citigroup (NYSE:C) plans to sell 12 million shares of Primerica, Inc.&#8217;s (NYSE:PRI) common stock. The bank will receive all of the proceeds from the offering • Fastenal (NASDAQ:FAST) reported Q1 EPS of $0.54, ahead of the Zacks Consensus Estimate of $0.52 per share. Revenues for the quarter rose 23% year-over-year to $640.6 million, above the Zacks Consensus Estimate of $626.0 million • Healthcare Services Group (NASDAQ:HCSG) reported Q1 EPS of $0.12, lower than the Zacks Consensus Estimate of $0.15 per share. Revenue for the quarter was up 13% year-over-year to $208.39 million, ahead of the Zacks Consensus Estimate for $205.0 million • Share prices of Monster Worldwide (NYSE:MWW) gained  2.85% to close at $16.94 after CL King upgraded the stock to ‘Strong Buy’ rating • Argus downgraded Abercrombie &#38; Fitch ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/anf-company-news-for-april-13-2011-corporate-summary/71420/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AA) Earnings Season Now Underway</title>
		<link>http://www.stockbloghub.com/2011/04/13/aa-earnings-season-now-underway/71184</link>
		<comments>http://www.stockbloghub.com/2011/04/13/aa-earnings-season-now-underway/71184#comments</comments>
		<pubDate>Wed, 13 Apr 2011 17:01:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aluminum]]></category>
		<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71184</guid>
		<description><![CDATA[The fourth quarter earnings season is over, and now the focus turns to the first quarter. While it “officially” kicks off after the bell today when Alcoa (AA) reports, we already have 26 (5.2%) first quarter reports in from the S&#38;P 500. Alcoa, though, like the Master’s &#8212; is but the first of the majors. It will not be the only one in the early going. We will also hear from Google (GOOG), J.P. Morgan (JPM) and Bank of America (BAC) this week. Together, they should provide some good clues to the overall direction of earnings season. One firm which is not a household name but we be good to keep an eye on is Fastenal (FAST). It is the number one maker of fasteners &#8212; things like screws and ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FAST) Fastenal 2011 First Quarter Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/04/12/fast-fastenal-2011-first-quarter-earnings-preview/71213</link>
		<comments>http://www.stockbloghub.com/2011/04/12/fast-fastenal-2011-first-quarter-earnings-preview/71213#comments</comments>
		<pubDate>Tue, 12 Apr 2011 21:02:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71213</guid>
		<description><![CDATA[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 the upcoming quarter, the Zacks Consensus Estimate for Fastenal is pegged at a profit of 51 cents per share, reflecting an annualized growth of 35%. The upside potential of the estimate, essentially a proxy for future earnings surprises, is just 2%. With respect to earnings surprises, the company outdid the Zacks Consensus Estimate in the trailing four quarters. This is reflected in the average earnings surprise of 5.4%, with a negative surprise only in the last quarter. Fourth Quarter Review Fastenal recorded a ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FAST) Fastenal&#8217;s Quarterly Report Beats Estimates</title>
		<link>http://www.stockbloghub.com/2011/04/12/fast-fastenals-quarterly-report-beats-estimates/71302</link>
		<comments>http://www.stockbloghub.com/2011/04/12/fast-fastenals-quarterly-report-beats-estimates/71302#comments</comments>
		<pubDate>Tue, 12 Apr 2011 20:08:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[GWW]]></category>
		<category><![CDATA[HD]]></category>
		<category><![CDATA[MSC Industrial Direct Company Inc]]></category>
		<category><![CDATA[MSM]]></category>
		<category><![CDATA[The Home Depot Inc]]></category>
		<category><![CDATA[W.W. Grainger Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71302</guid>
		<description><![CDATA[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 also beat the Zacks Consensus Estimate of 51 cents per share. Net sales for the quarter totaled $640.6 million, up 23% year over year driven by an improvement in sales to the company’s manufacturing customers as well as non-residential construction customers of the company. Fastenal’s first quarter sales also exceeded the Zacks Consensus Estimate of $626 million. During the quarter, daily sales to the manufacturing customers increased 15.5% and that to the non-residential construction customers rose 17.7%. During the quarter, Fastenal opened ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(AA) Stock Market News for October 11, 2010 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2010/10/12/aa-stock-market-news-for-october-11-2010-market-news/54708</link>
		<comments>http://www.stockbloghub.com/2010/10/12/aa-stock-market-news-for-october-11-2010-market-news/54708#comments</comments>
		<pubDate>Tue, 12 Oct 2010 16:52:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Aluminum]]></category>
		<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Advanced Micro Devices Inc.]]></category>
		<category><![CDATA[Alcoa]]></category>
		<category><![CDATA[AMD]]></category>
		<category><![CDATA[APOL]]></category>
		<category><![CDATA[Apollo Group Inc.]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[CSX]]></category>
		<category><![CDATA[CSX Corporation]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>
		<category><![CDATA[FHN]]></category>
		<category><![CDATA[First Horizon National Corporation]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[Host Hotels & Resorts Inc.]]></category>
		<category><![CDATA[HST]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MAT]]></category>
		<category><![CDATA[Mattel Inc.]]></category>
		<category><![CDATA[Safeway Inc.]]></category>
		<category><![CDATA[SWY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54708</guid>
		<description><![CDATA[Expectations that the policy makers will act to keep the economy afloat helped investors brush aside some gloomy economic posts and send the Dow average above 11,000 for the first time since May 3. Even as unemployment rate remained at a grueling 9.6%, the latest jobs report said the economy lost a surprisingly high 95,000 jobs in September – fueling hopes the Federal Reserve will pump in more money into the economy to resurrect the unstable economic growth. The Dow Jones Industrial Average closed at 11006.48, up 57.90 points, or 0.5%. The blue-chip index is up 5.6% year-to-date. On Friday, the broader S&#38;P 500 index gained nearly 8 points, or 0.6%, 1165.15. The Nasdaq Composite index gained 18 points, or 0.8%, to 2401.91. On the New York Stock Exchange, advancing ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/12/aa-stock-market-news-for-october-11-2010-market-news/54708/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FAST) Fastenal &#8211; Balance Sheet Looks Solid</title>
		<link>http://www.stockbloghub.com/2010/08/02/fast-fastenal-balance-sheet-looks-solid/45585</link>
		<comments>http://www.stockbloghub.com/2010/08/02/fast-fastenal-balance-sheet-looks-solid/45585#comments</comments>
		<pubDate>Mon, 02 Aug 2010 14:50:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=45585</guid>
		<description><![CDATA[Fastenal (FAST) shares look expensive, trading at 28x 2010 consensus EPS estimates. However, given the company&#8217;s stellar growth prospects over the next few years, Fastenal&#8217;s P/E multiple is reasonable. Business Fastenal operates as a wholesaler and retailer of industrial and construction supplies. It sells fastener products under two categories: threaded fasteners (nuts, bolts, nuts, screws, and washers) and miscellaneous supplies (paints, various pins and machinery keys, and concrete anchors). The company has over 2,300 stores. Fastenal&#8217;s Pathway to Profit initiative was rolled out in April 2007 to alter the growth drivers of its business. The four-point plan includes the following: to continue growing its business at a similar rate with the new outside sales investment model; to grow the sales of our average store to $125,000 per month; to enhance ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/02/fast-fastenal-balance-sheet-looks-solid/45585/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FAST) Fastenal Earnings Report Exceeds Estimates</title>
		<link>http://www.stockbloghub.com/2010/04/13/fast-fastenal-earnings-report-exceeds-estimates/33619</link>
		<comments>http://www.stockbloghub.com/2010/04/13/fast-fastenal-earnings-report-exceeds-estimates/33619#comments</comments>
		<pubDate>Tue, 13 Apr 2010 21:39:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33619</guid>
		<description><![CDATA[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 per share. Net sales in the quarter improved 6.4% to $521 million. This was attributable to the increase in the company’s manufacturing customers. Sales to manufacturing customers (accounting for 50% of sales historically) rose 15.7% in the quarter. However, sales to non-residential construction business (accounting for 20%–25% of sales historically) contracted 14.7% in the quarter. During the quarter, Fastenal opened 29 stores compared with 33 stores in the same quarter a year ago. The company has closed five traditional stores and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/13/fast-fastenal-earnings-report-exceeds-estimates/33619/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FAST) Fastenal Analyst Coverage Initiated at Neutral</title>
		<link>http://www.stockbloghub.com/2010/01/25/fast-fastenal-analyst-coverage-initiated-at-neutral/25913</link>
		<comments>http://www.stockbloghub.com/2010/01/25/fast-fastenal-analyst-coverage-initiated-at-neutral/25913#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:40:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25913</guid>
		<description><![CDATA[We have initiated coverage on Fastenal Co. (FAST) with a Neutral recommendation and a target price of $45. Founded in 1967 and based in Winona, Minnesota, Fastenal is a leading national distributor of industrial and construction supplies and has 2,369 stores in Canada, Mexico, the Dominican Republic, Puerto Rico, Singapore, China and all 50 states in the U.S. Fastenal continues to upgrade its inventory management system, initially known as Customer Service Project (CSP), to sell and expand its array of products to the existing and new customer segments. This effort has been well supported by the company’s widespread customer base that belongs to varied markets, which in turn, protects its market position in the economic downtrend. Fastenal’s strong cash flow has helped it to increase its fourth quarter dividend by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/25/fast-fastenal-analyst-coverage-initiated-at-neutral/25913/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>(FAST) Fastenal Barely Misses Earnings Expectations</title>
		<link>http://www.stockbloghub.com/2010/01/19/fast-fastenal-barely-misses-earnings-expectations/25307</link>
		<comments>http://www.stockbloghub.com/2010/01/19/fast-fastenal-barely-misses-earnings-expectations/25307#comments</comments>
		<pubDate>Tue, 19 Jan 2010 23:55:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25307</guid>
		<description><![CDATA[Fastenal Co. (FAST) of Winona, Minnesota has revealed earnings of $45 million or 30 cents per share in the fourth quarter ended December 31, 2009. This was a tad lower than the Zacks Consensus Estimate of 31 cents per share. However, net income declined 29% from $63 million or 42 cents per share in the fourth quarter of the prior year. Net sales in the quarter fell 12.5% to $476,750. For the year ended December 31, 2009, earnings were $184 million or $1.24 per share. This also came close to the Zacks Consensus Estimate of $1.25 per share. Compared to the year-ago level, earnings dipped 34% from $280 million or $1.88 per share in 2008. Sales decreased 17.5% to $1.93 billion in the year. The decline in sales and earnings ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/19/fast-fastenal-barely-misses-earnings-expectations/25307/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FAST) The Fastenal Company Hurt by the Economy</title>
		<link>http://www.stockbloghub.com/2009/10/13/fast-the-fastenal-company-hurt-by-the-economy/17487</link>
		<comments>http://www.stockbloghub.com/2009/10/13/fast-the-fastenal-company-hurt-by-the-economy/17487#comments</comments>
		<pubDate>Tue, 13 Oct 2009 20:10:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[FAST]]></category>
		<category><![CDATA[Fastenal Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17487</guid>
		<description><![CDATA[The Fastenal Company (FAST) of Winona, MN reported a drop in earnings to $47.6 million or 32 cents per share in the third quarter of 2009, from $72.9 million or 49 cents in the prior-year quarter. However, the company has managed to meet the Zacks Consensus Estimate. Net sales for the quarter declined 22% to $489.3 million. Fastenal blamed the weak economy for the fall in earnings and sales. Economic conditions negatively affected sales in the industrial production business (business where the company supplies products that become part of the finished goods produced by others) and non-residential construction business. Sales to manufacturing customers (constitutes 50% of sales) contracted approximately 23% on a year-over-year basis. Meanwhile, sales in the non-residential construction business (constitutes 20% to 25% of sales) contracted about 25%. ]]></description>
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		<slash:comments>0</slash:comments>
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