Top Machinery Companies To Watch In Right Now

Top Machinery Companies To Watch In Right Now: MSC Industrial Direct Co Inc (MSM)

MSC Industrial Direct Co., Inc. (MSC), incorporated on October 25, 1995, is direct marketers and distributors of a range of metalworking and maintenance, repair and operations (MRO) products to customers throughout the United States. The Company operates primarily in the United States, with customers in all 50 states, through a network of five customer fulfillment centers (four customer fulfillment centers are located within the United States and one is located in the United Kingdom and 106 branch offices (104 branches are located within the United States, one is located in the United Kingdom and the other is located in Mexico). The Company offers approximately 600,000 stock-keeping units (SKUs) through its master catalogs, weekly, monthly and quarterly specialty and promotional catalogs, brochures and the Internet, including its Websites, mscdirect.com, mscmetalworking.com and use-enco.com (MSC Websites). In April 2013, the Company announced that it has completed the acqu isition of the North American distribution business (BDNA or the Business) of Barnes Group Inc.

The Company's customers include a range of purchasers of industrial supply products, from individual machine shops to Fortune 1000 companies, to government agencies, such as the General Services Administration (GSA) and the Department of Defense. The Company uses its database of companies and contacts, and the Company also purchases information on prospective customers in the form of databases, mailing lists, and email lists to target the distribution of these various publications and other marketing vehicles to specific individuals within an organization whose purchasing history or other criteria suggest receptiveness to specific publication titles and promotions. The Company also provides electronic ordering capabilities (EDI and XML) to support its customers' purchase order processing.

The Company's products represen! t a range of MRO products that inc lude cutting tools; measuring instruments; tooling component! s; metalworking products; fasteners; flat stock; raw materials; abrasives; machinery hand and power tools; safety and janitorial supplies; plumbing supplies; materials handling products; power transmission components; and electrical supplies. The Company provides product information and ordering capabilities on the Internet. The Company also maintains a hardware and software platform in support of its VMI program, which allows customers to integrate scanner-accumulated orders directly into its Sales Order Entry system.

Advisors' Opinion:

• [By Demitrios Kalogeropoulos]

  Meanwhile, stocks on the move this morning include Constellation Brands (NYSE: STZ  ) and MSC Industrial (NYSE: MSM  ) , which both reported quarterly earnings results before the opening bell.

• [By Ben Levisohn]

  MSC Industrial Direct (MSM) has dropped 5.8% to $87.98 after the company met earnings forecasts but missed on revenue and offered disappointing fourth-quarter guidance.

• [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]

  MSC Industrial Direct Co.(MSM) said its fiscal second-quarter earnings fell 12%, as the industrial- and maintenance-supplies distributor’s higher costs and expenses offset an increase in revenue.

• [By Garrett Cook]

  MSC Industrial Direct Co (NYSE: MSM) was down, falling 3.97 percent to $89.67 after the company reported Q3 earnings of $1.06 per share on revenue of $720.50 million. The company also issued a weak Q4 earnings outlook.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-machinery-companies-to-watch-in-right-now-2.html