AXE News and Press, Anixter International Inc. From 04/30/20

PITTSBURGH and GLENVIEW, Ill. , April 30, 2020 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("WESCO International"), announced today that its wholly-owned subsidiary, WESCO Distribution, Inc. ("WESCO"), has launched offers (each, an "Offer" and together, the "Offers") to p...

Anixter (NYSE: AXE ): Q1 Non-GAAP EPS of $1.28 misses by $0.20 ; GAAP EPS of $1.03. Revenue of $2.07B (-1.9% Y/Y) misses by $90M . Press Release More news on: Anixter International Inc., Earnings news and commentary, Consumer stocks news,

First Quarter Highlights Strong liquidity position with over $780 million in available cash and borrowing capacity Gross Margin improved 20 basis points Record first quarter sales in UPS segment of $448.9 million, up 4.4%, organic sales growth of 4.4% Anixter Inte...

Merger activity continued to remain lackluster last week with no new deals announced and one deal closing. This is the second time in a row no new deals were announced. FSB Bancorp ( FSBC ), Forescout Technologies ( FSCT ), IBERIABANK Corporation ( IBKC ), and The Stars Group ( TSG ) receive...

The Pandemic Market Fastest decline into a bear market ever. Shortest time spent in a bear market ever. Eight consecutive days when the market either rose or fell by over 4%. Largest one-day stock market gain since 1933. Second-largest one-day drop ever. A collapse in the price of oil. Remar...

Anixter International Inc. (NYSE: AXE) will release first quarter 2020 results on Tuesday, April 28, 2020, before the opening of the New York Stock Exchange. The Company will not be hosting a conference call with investors to discuss these results. About Anixter Anixter Internat...

Merger activity increased last week with two new deals announced, one deal closing and one deal terminated. The increase in merger activity last week was not very significant as only two new deals were announced. The merger of Standard Diversified (SDI) into a wholly-owned subsidiary of Turnin...

PITTSBURGH , April 9, 2020 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today provided an update regar...

Anixter International ( AXE +1.7% ) says its stockholders overwhelmingly approved the merger agreement with Wesco International ( WCC +7.5% ). More news on: Anixter International Inc., WESCO International, Inc., Merger & acquisition news, Stocks on the move, Read more ...

Anixter International Inc. (NYSE: AXE) (“Anixter” or the “Company”) today announced that, at a special meeting of stockholders held on April 9, 2020, Anixter’s stockholders approved the adoption of the previously announced merger agreement relating to the pr...