WCC News and Press, WESCO International Inc. From 11/01/22

Wesco International (NYSE: WCC) today announced it has completed the purchase of Rahi Systems Holdings, Inc., a leading provider of global hyperscale data center solutions. Wesco previously announced its plan to acquire Rahi on September 7, 2022. The final purchase price of $217 mil...

Wesco International ( NYSE: WCC ) rose 5% on Monday as the company was upgraded to a Buy rating from Hold by analysts at Jefferies. The investment said Wesco will benefit from spending on electrical infrastructure, and raised its price target to $150 a share from $148. ...

Wesco International (NYSE: WCC) will hold its third quarter 2022 earnings conference call on Thursday, November 3, at 10:00 a.m. ET. Dial-in details are below. The live audio webcast and presentation slides of the earnings call will be accessible on the investor relations section of Wes...

Summary MSC Industrial Direct continues to generate attractive performance on both its top and bottom lines. Although shares are pricey compared to similar firms, they are cheap on an absolute basis. So long as business does not materially deteriorate, the firm offers investor...

Summary SiteOne Landscape Supply continues to generate strong revenue and profit growth, thanks to a combination of organic growth and acquisitions. Shares are also getting cheaper than they were in the past, making the firm more appealing in the grand scheme of things. Shares...

Wesco International ( NYSE: WCC ) is scheduled to host its Investor Day event today, wherein it will reaffirm its 2022 financial outlook, provide long-term growth expectations, and discuss plans to initiate a quarterly common stock dividend program commencing in 2023. The co...

Wesco International (NYSE: WCC) will reaffirm its 2022 financial outlook, provide its long-term growth expectations, and discuss its plans to initiate a quarterly common stock dividend program commencing in 2023 during its Investor Day meeting taking place in-person and online today...

Wesco International (NYSE: WCC) today announced it has entered a definitive agreement to acquire Rahi Systems Holdings, Inc., a privately held company headquartered in Fremont, California for $217 million, and a leading provider of global hyperscale data center solutions. The purchase p...

Wesco International (NYSE: WCC) announces the election of Sundaram (“Naga”) Nagarajan to its Board of Directors, effective September 1, 2022, consistent with its long-standing commitment to ongoing Board refreshment. Mr. Nagarajan is the President and Chief Executive O...

WESCO International increases the FY2023 cross-sell synergies target by 40% cumulatively. Recently, it has undertaken a $1 billion share repurchase program. Supply chain disruptions and creeping uncertainties over the economy's performance can affect business sentiment in the shor...