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Grainger

October 14, 2010 by staff 

Grainger, New York -W.W. Grainger, Inc. (NYSE: GWW) fell 2% to 122.80 and the unusual volume. The company said Thursday that its third-quarter profit rose to 147 million, or $ 2.06 a share, and from 141.2 million, or $ 1.88 a share, in the quarter a year ago.

Analysts on average expected the company to gain and 1.82 per share on revenue of 1.87 billion.

Over the last six months of trading sessions, the stock rose more than 10%. The 52-week range of action is $ 90.70-$ 126.05.

Fairchild Semiconductor International (NYSE: FCS) jumped 6.88% to 10.10 and on large volumes. The company said that its net income climbed to 35.8 million, or 28 cents per share, from to 2.7 million, or 2 cents per share, in the quarter a year earlier.

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Analysts on average expected the company to report earnings of 39 cents per share on revenue of 417.23 million and.

The average daily volume of shares is 2.38 million shares. At current market price, market capitalization of the company amounts to 1.26 billion.

The Progressive Corporation (NYSE: PGR) has declined from 1.08% to 21.09 and over 1.06 million shares. The company said Thursday that its net income tax for the third quarter declined slightly to 261.6 million and, or 40 cents per share, and from 269.9 million, or 40 cents per share, in the period of previous year.

Analysts on average expected the company to report earnings of 37 cents per share on revenue of 3.72 billion.

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Over the past 52 weeks, shares traded in the range of $ 9.64 $ -17.09. In the past month of trading sessions, the stock rose more than 9%.

Shares of Safeway Inc. (NYSE: SWY) jumped 2.86% to 21.93 and over 4.16 million shares. The company reported Thursday that its net profit in the third quarter fell to 122.8 million, or 33 cents per share, and from 128.8 million, or 31 cents per share, compared with the corresponding quarter last year.

Analysts on average expected the company to report earnings of 31 cents per share on revenue of 9.44 billion.

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