Industrial Auction Industry Auctions

What Are the Different Types of Industrial Auctions?

Once upon a time in England, you could win yourself a ship if your bid was the highest placed by the time a candle went out. Though candle auctions are no longer in vogue when it comes to industrial types of equipment and materials, there are various other types of auctions that you might wish to consider for selling or obtaining materials. The English Auction … Continue reading What Are the Different Types of Industrial Auctions?

GPC Misses Street EPS Estimate

Genuine Parts Company reported earnings per share of $1.17, $0.04 less than the Street consensus but $0.09 better than year-ago EPS. The Street was expecting better performance from Genuine Parts’ office products and electrical wholesale operations. With the automotive group performing well and our expectation that the industrial and electrical/electronic (EIS) groups should improve as the year progresses, plus the accretion from the Exego acquisition, … Continue reading GPC Misses Street EPS Estimate