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Genuine Parts Company (GPC) Downgraded by Zacks Investment Research

2015-12-23 01:17:44| Auto Parts - Topix.net

According to Zacks, "Genuine Parts' third-quarter 2015 earnings per share were in line with the year-ago figure, but surpassed the Zacks Consensus Estimate. Earnings benefited from solid automotive distribution business results and better sales in the Office and Electrical distribution businesses, partially offset by foreign currency headwinds and challenging global economic conditions.

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