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Wesco International Inc (WCC.N)

WCC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Wesco International names David Schulz as CFO
Monday, 17 Oct 2016 06:50am EDT 

Wesco International Inc - : Wesco International Inc names new Chief Financial Officer . Says David S. Schulz appointed CFO .Most recently, Schulz was senior vice president and chief operating officer of Armstrong Flooring Inc.  Full Article

Wesco International Q2 earnings per share $1.02
Thursday, 28 Jul 2016 06:00am EDT 

Wesco International Inc : Wesco International Inc reports second quarter 2016 results . Q2 sales fell 0.3 percent to $1.912 billion . Q2 earnings per share $1.02 . Q2 earnings per share view $0.97 -- Thomson Reuters I/B/E/S . Q2 revenue view $1.88 billion -- Thomson Reuters I/B/E/S . Sees full-year 2016 earnings per share $3.85 to $4.10 . Sees full-year 2016 sales down 2 percent . Full-year 2016 earnings per share view $3.99 -- Thomson Reuters I/B/E/S . Expect weakness in commodity-driven end markets and foreign exchange headwinds to continue into second half of this year .Maintaining current outlook for 2016 within original guidance we provided last December.  Full Article

Wesco international says pricing of $350 mln senior notes due 2024
Thursday, 2 Jun 2016 05:10pm EDT 

Wesco International Inc - : Says notes will bear interest at an annual rate of 5.375%, and are being issued at 100% of their face value . Notes will be issued at 100% of their face value. .Wesco International, Inc. announces pricing of $350 million senior notes due 2024.  Full Article

Wesco international announces private offering of $350 mln senior notes due 2024
Thursday, 2 Jun 2016 07:32am EDT 

Wesco International Inc : Wesco International, Inc announces proposed private offering of $350 million senior notes due 2024 . Intends to use net proceeds from offering of notes to repay its 6.0 pct convertible senior debentures due 2029 .Until 2029 debentures are repaid, co plans to use proceeds to temporarily reduce other debt facilities.  Full Article

Ideal Power Q1 net loss $2.8 million
Thursday, 12 May 2016 04:01pm EDT 

Ideal Power Inc : Order backlog of $4.9 million at march 31, 2016 . Q1 2016 net loss was $2.8 million compared to q1 2015 net loss of $2.2 million .Ideal power reports first quarter 2016 financial results.  Full Article

WESCO International Inc announces management change
Tuesday, 3 May 2016 06:50am EDT 

WESCO International Inc:Kenneth S. Parks, Senior Vice President and Chief Financial Officer, has tendered his resignation to accept a position with another company, with such resignation to be effective on May 31, 2016.Parks will assist in transitional matters until his departure, and Timothy A. Hibbard, will serve as the Company's Interim Chief Financial Officer while the Company completes a search process for a new Chief Financial Officer.  Full Article

WESCO International Inc announces the acquisition of Atlanta Electrical Distributors
Tuesday, 1 Mar 2016 05:00pm EST 

WESCO International Inc:Announces the acquisition of Atlanta electrical distributors.Says Wesco distribution, inc. has entered into a definitive agreement to acquire Atlanta electrical distributors.Acquisition is expected to be accretive to earnings by approximately $0.03 per diluted share in the first year of operation.  Full Article

WESCO International Inc announces the acquisition of Needham Electric Supply
Monday, 2 Nov 2015 09:00am EST 

WESCO International Inc:Announces the acquisition of Needham electric supply.Acquisition is expected to be accretive to earnings by approximately $0.04 per diluted share in the first year of operation.Says Wesco distribution, inc. has acquired Needham electric supplym.  Full Article

WESCO International Inc lowers FY 2015 outlook
Thursday, 22 Oct 2015 06:50am EDT 

WESCO International Inc:Says that based on Q3 results and a challenging market outlook, the company noe estimate FY 2015 EPS of $4.15 to $4.30 on sales down 4 pct. to 5 pct. from the prior year, compared to the company's previous estimate of EPS of $4.50 to $4.90 on sales flat to down 3 pct.  Full Article

WESCO International enters into revolving credit facility - Form 8-K
Tuesday, 29 Sep 2015 06:02am EDT 

WESCO International, Inc:Entered into a US$600 million revolving credit facility.Revolving credit facility matures in September 2020.  Full Article