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Genuine Parts profit slips to miss estimates

2015-07-20 19:54:29| Auto Parts - Topix.net

Genuine Parts Co. said second-quarter profit slipped as the automotive-replacement parts distributor's sales fell in its two largest businesses.

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Genuine Parts sales and profit up 1% in Q2

2015-07-20 19:06:58| Automakers - Topix.net

The Atlanta-based automotive and industrial parts company said its second-quarter sales increased 1% to $3.94 billion. Profit declined 1 percent to $195.4 million, while earnings were flat at $1.28 a share.

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Genuine Parts Company Reports Sales and Earnings for the Second Quarter Ended June 30, 2015

2015-07-20 15:39:57| Auto Parts - Topix.net

This is especially the case for our Industrial business. Overall, our 1% second quarter sales increase included underlying sales growth of 2.2% and a 1.3% contribution from acquisitions, offset by an expected currency headwind of 2.7%.

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Genuine Parts buys Australian auto parts company

2015-07-17 19:18:51| Auto Parts - Topix.net

Genuine Parts Co.' s automotive distribution company GPC Asia Pacific will buy Covs Parts Pty Ltd from its parent company, Automotive Holdings Group, for an undisclosed sum.

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Genuine Parts Generates Value Through Acquisitions

2015-07-14 00:11:17| Auto Parts - Topix.net

Joel Greenblatt reported increasing his stake in one of Gotham Asset Management's holdings, Genuine Parts Co , a $13.75 billion market cap company that is a leading wholesale distributor of automotive replacement parts, industrial parts and supplies, and office products. With the transaction, Greenblatt's position increased by 10335% to 282,470 shares valued at $26.3 million.

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