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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 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

WESCO International Inc revising FY 2015 guidance
Thursday, 23 Jul 2015 06:00am EDT 

WESCO International Inc:Says that it is revising FY 2015 sales growth of (3) pct. to flat and $4.50 to $4.90 earnings per diluted share.Says previous outlook of (3) pct. to 3 pct. sales growth and $5.00 to $5.40 earnings per diluted share.  Full Article

WESCO International Inc's WESCO Distribution completes acquisition of Hill Country Electric Supply
Monday, 4 May 2015 09:00am EDT 

WESCO International Inc:Says WESCO Distribution, Inc. has completed the previously announced acquisition of Hill Country Electric Supply.This acquisition is expected to be accretive to earnings by about $0.05 per diluted share in the first year of operation.  Full Article

BRIEF-Wesco international says pricing of $350 mln senior notes due 2024

* Says notes will bear interest at an annual rate of 5.375%, and are being issued at 100% of their face value