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WESCO International, Inc. - $WCC STOCK NEWS

Welcome to our dedicated page for WESCO International news (Ticker: $WCC), a resource for investors and traders seeking the latest updates and insights on WESCO International stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WESCO International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WESCO International's position in the market.

News
Wesco Declares Quarterly Dividend on Common Stock and Preferred Stock
Rhea-AI Summary
Wesco International (NYSE: WCC) declares quarterly cash dividend for common stock and preferred stock. The common stock dividend is $0.4125 per share, payable on March 29, 2024. The preferred stock dividend is $664.0625 per share, payable on April 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
dividends
-
News
Wesco Named to Fortune’s World's Most Admired Companies 2024
Rhea-AI Summary
Wesco International has been named to Fortune's World's Most Admired Companies list for the third consecutive year, ranking #2 in the Wholesalers: Diversified category in 2024. Wesco's commitment to social responsibility and sustainability, along with its high-performance culture, has contributed to its success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
none
-
News
Wesco Announces Pricing of Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032
Rhea-AI Summary
WESCO International, Inc. announces the pricing of $900 million 5-Year Notes and $850 million 8-Year Notes offering by its subsidiary, WESCO Distribution, Inc. The net proceeds are estimated at approximately $1,728.4 million, to be used for redeeming existing notes and general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
offering
News
Wesco Announces Commencement of Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032
Rhea-AI Summary
WESCO International, Inc. announces a $1.5 billion offering of senior notes due 2029 and 2032 to redeem existing notes, with guarantees from Wesco and Anixter Inc. The offering targets qualified institutional buyers and non-U.S. persons under Rule 144A and Regulation S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
offering
-
News
VALLEN DISTRIBUTION TO ACQUIRE WESCO INTEGRATED SUPPLY
Rhea-AI Summary
Vallen Distribution acquires Wesco Integrated Supply to enhance supply chain solutions, expand offerings, and drive success for customers and suppliers worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
acquisition
-
News
Wesco Enters Agreement to Sell Integrated Supply Business to Vallen Distribution, Inc.
Rhea-AI Summary
Wesco International (WCC) sells its Wesco Integrated Supply business to Vallen Distribution for $350 million to reduce debt and repurchase shares. The divested business had $784 million in annual net sales in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
News
Wesco International Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Wesco International (WCC) reports fourth-quarter net sales down 2% YOY, organic sales down 3%. Full-year net sales up 5% YOY, operating profit of $1.4 billion. Adjusted EBITDA margin at 7.6%, down 50 basis points YOY. 2024 outlook projects sales growth of 1% to 4% and adjusted EBITDA margin of 7.5% to 7.9%. Free cash flow expected to be $600 - $800 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-31.13%
Tags
earnings
-
News
Wesco Announces Fourth Quarter and Full Year 2023 Earnings Call
Rhea-AI Summary
Wesco International (WCC) will hold its fourth quarter and full year 2023 earnings conference call on February 13 at 10:00 a.m. ET. The company will also be participating in several investor conferences in March. Dial-in details for the earnings call and access to the webcast are provided in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
earnings
-
News
Wesco Named One of America's Most Responsible Companies by Newsweek and Statista
Rhea-AI Summary
Wesco International, Inc. (WCC) has been named among America's Most Responsible Companies for 2024, presented by Newsweek and Statista. This is the second consecutive year for the company to receive this recognition, highlighting its commitment to responsible business practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
none
News
Wesco Declares Quarterly Dividend on Common Stock and Preferred Stock
Rhea-AI Summary
Wesco International (NYSE: WCC) declares a quarterly cash dividend of $0.375 per common stock share and a cash dividend of $664.0625 per preferred share for the period October 1, 2023 through December 31, 2023. The dividends are payable on December 29, 2023, and January 2, 2024, respectively, to holders of record at the close of business on December 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.26%
Tags
dividends
Stock WCC logo
WESCO International, Inc.

NYSE:WCC

WCC Rankings

#847 Ranked by Market Cap
#2582 Ranked by Stock Gains
#1858 Ranked by Dividends

WCC Stock Data

9.47B
43.70M
1.17%
95.6%
2.5%
General Rental Centers
Real Estate and Rental and Leasing
Link
United States of America
PITTSBURGH

About WCC

since 1922, wesco has grown from a division of westinghouse electric into a global leader of supply chain solutions. if there’s one thing that’s defined our nearly century-long history, it’s our commitment to providing superior products, services and solutions. we ensure that our customers have the resources to meet their electrical, original equipment manufacturer (oem), capital project, and maintenance, repair and operating (mro) needs. we have approximately 500 branches and nine distribution centers around the world that provide easy access to products from industry-leading brands. whatever the project is, our customers – from fortune 500s to small businesses – know that our experienced and dedicated team will help them see it through.