The ICON Trailer Lock is made with over twenty pounds of high quality (or premium) cast steel hardened to 450 Brinell making it able to withstand a lot of force. Common conventional locks use cheaper low carbon steel which is more malleable and vulnerable to saw blades and drill bits. In addition to the patented radial fin design, the ICON features a premium disc detainer lock core, extreme weather resistant seals and one-piece design for easy lock and go experience. STERLING, Va., May 29, 2024 (GLOBE NEWSW ...

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?D ...

Advances Strategic Initiative to Own More Stores in Priority Markets ATLANTA, May 1, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today an acquisition for its U.S. Automotive business. Effective April 30, 2024, the company acquired Motor Parts & Equipment Corporation (MPEC). MPEC, founded in 1938, is based in Rockford, Illinois. It is the largest independent owner of NAPA Auto Parts stores in the U.S., operatin ...

Paul Donahue to Transition to Executive Chairman Will Stengel Appointed President and Chief Executive OfficerATLANTA, April 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul D. Donahue will transition from chairman and CEO to executive chairman, effective June 3, 2024. At that time, William P. Stengel, II, currently president and COO, will succeed Mr. Donahue as president and CEO of GPC and will ...

​​​Inflation is here to stay. While down from the historically high levels hit over the past year or so, inflation rates remain elevated and are wearing on the economy. U.S. business activity slowed to a four-month low this month, which has worried the Federal Reserve.It was looking to cut interest rates at least three times this year, possibly as many as six times, but now it’s not sure it will even do it once. Fed Chairman Jay Powell recently said he had no “confidence” that inflation would head in the ri ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors of ...

Have you evaluated the performance of Genuine Parts' (GPC) international operations for the quarter ending March 2024? Given the extensive global presence of this auto and industrial parts distributor, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and traject ...

Investor confidence is rebounding for this reliable dividend stock.Shares of automotive and industrials parts maker Genuine Parts (GPC 12.66%) jumped on Thursday even though it's normally a sleepy stock. The company reported financial results for the first quarter of 2024 and raised its full-year profit guidance, which is why Genuine Parts stock was up 12% as of 11 a.m. ET.Investor confidence is on the riseIn Q1, Genuine Parts' sales increased by less than 1% to $5.8 billion and its earnings per share (EPS) ...

Company Participants Scot Ciccarelli - Truist Securities Chris Horvers - J.P. Morgan Greg Melich - Evercore ISI Henry Carr - UBS Bret Jordan - Jefferies Seth Basham - Wedbush Company Aaron Reed - Northcoast Research Carolina Jolly - Gabelli Good day, ladies and gentlemen. Welcome to Genuine Parts' First Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being r ...