Genuine Parts News

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This morning, Star Bulk Carriers declared its second consecutive quarterly dividend of five cents per share.

Some of the biggest names in the market are also sporting great fundamentals. And that's a rarity after the run-up we've seen since March.

Genuine Parts Co. /quotes/comstock/13*!gpc /quotes/nls/gpc said Friday that third-quarter earnings were $108 million, or 67 cents a share, compared to $131 million, or 81 cents a share, in last year's period.

Genuine Parts posted Friday an 18% dip in third-quarter profit, with double-digit sales declines in its electrical and industrial groups offsetting a slower rate of decline in its core auto business.

Among the companies whose shares are expected to see active trade in Friday's session are Bank of America Corp., General Electric Co.

Car-parts retail chain Napa Auto Parts is inviting agencies to pitch its $30 million creative and media account, executives familiar with the matter said.

It uses no fewer than five price/something measures in an effort to find bargains.

The wild response to the government's " Cash for Clunkers " program may have helped some 700,000 drivers breathe in that ephemeral new-car smell, but this Fool's nose detects the sweeter scent of long-term opportunity.

Genuine Parts is a few weeks away from finishing its third quarter and will be reporting those results shortly after.

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MATIC: The NAPA Auto Parts distribution center at 7415 Stage Road led the county in commercial sales last month by fetching $10.2 million.

DESPITE FALLING PROFITS, auto-parts middleman Genuine Parts' share price hasn't been idling in neutral.

Genuine Parts Co. of Atlanta bought a Denver building for nearly $4 million, according to Denver County property records.

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Among the companies whose shares are expected to see active trade in Thursday's session are Baxter International Inc., Biogen Idec Inc., Cypress Semiconductor Corp., Genuine Parts Co., Google Inc., Harley-Davidson Inc., International Business Machines, JPMorgan Chase & Co.

Genuine Parts Co. has reported its sales and earnings for the second quarter and six months ended June 30.

CDC Software Corp. on Thursday filed to raise up to $62.4 million in an initial public offering of 4.8 million American depositary shares at an estimated price range of $11-$13 each.

A subsidiary of U.S.-based Genuine Parts Company has agreed to buy 18 Palmar Truck Parts stores from Montreal-based Uni-Select Inc.