America's Next Top Model (Corporation)
The Street (Free subscription) | 10/09/2008
Failed CEOs and investors ought to feast their eyes on Fastenal, a company that doesn't need the credit markets.
Fastenal
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Fastenal to Improve Customer Service, Expand Globally with ActiveVOS
Business Wire (Free subscription) | 10/07/2008
WALTHAM, Mass.--(BUSINESS WIRE)--Active Endpoints, Inc. (
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Fastenal Company Announces Conference Call to Review 2008 Third Quarter Earnings
PR News Wire (Free subscription) | 10/06/2008
WINONA, Minn., Oct. 6 /PRNewswire-FirstCall/ -- Fastenal Company (Nasdaq: ) announced today that the Company's conference call to review third quarter 2008 results, as well as current operations, will be broadcast live over the Internet on Monday, October 13, 2008 at 9:00 a.m. Central Time. To access the call, please visit the following Web address: An online archive of the broadcast will be...
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Fastenal Company Releases Comments on September 2008 Trends
PR News Wire (Free subscription) | 10/02/2008
WINONA, Minn., Oct. 2 /PRNewswire-FirstCall/ -- The Fastenal Company of Winona, MN (Nasdaq: ) released comments on September 2008 trends. We plan to release our third quarter earnings on Monday, October 13, 2008. We typically remain silent on information about the final month of the quarter until the earnings release; however, given the sharp drop in share price experienced by a number of industrial...
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Nasdaq OMX 100 makes eight changes
Market Watch (Free subscription) | 09/22/2008
LONDON (MarketWatch) -- The Nasdaq OMX 100, an index composed of stocks listed on the Nasdaq's U.S. and Scandinavian exchanges, announced eight changes. New entrants include the CME Group , CA Inc. , Fastenal , Joy Global , Linear Technology , Xilinx , Sigma-Aldrich and Altera . Exiting are Expedia , Hologic , Kaupthing, KLA-Tencor , Metso , Neste Oil , Skanska and Verisign . Market Pulse Stories...
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S&P 500: Musical Chairs
Teresa Lo | InVivoAnalytics.com (Free subscription) | 09/12/2008
Fannie Mae (FNM) and Freddie Mac (FRE) have been replaced by Salesforce.com, Inc. (NYSE:CRM) and Fastenal Company (NASDAQ:FAST) as constituents of the S&P 500 Index: Salesforce.com, Fastenal to Replace Fannie, Freddie in S&P 500 Salesforce.com Inc. and Fastenal Co. will replace Fannie Mae and Freddie Mac in the Standard & Poor’s 500 Index after shares of [...]
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Salesforce.com Reaches Heady Heights of S&P 500
CRM Buyer (Free subscription) | 09/11/2008
When one company is ousted from the S&P 500 index, another one is added to keep the number at 500. The most recent losers in this game of musical chairs are, for obvious reasons, Fannie Mae and Freddie Mac. Effective Sept. 12, these mortgage giants will be replaced by Fastenal and Salesforce.com, respectively.
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Fastenal snatches Fannie Mae’s S&P slot
The Minneapolis/St. Paul Business Journal (Free subscription) | 09/10/2008
Fastenal Co.’s shares rose slightly Wednesday, a day after Standard & Poor’s announced the company would replace Fannie Mae on the S&P 500 index.
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Is it the S&P 500, the S&P 498, or the S&P 381?
Seeking Alpha (Free subscription) | 09/10/2008
Hickey and Walters ( Bespoke ) submit: As expected, Standard and Poor's announced Tuesday that Fannie Mae (FNM) and Freddie Mac (FRE) would be removed from the S&P 500 effective September 10th after the close. In their place, Salesforce.com (CRM) and Fastenal (FAST) will be added after the close on September 12th. Besides the fact that the additions will not take place until two days after the two...
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Fastenal to pay $10M settlement
News from www.lacrossetribune.com (Free subscription) | 09/05/2008
WINONA, Minn. Winona-based industrial supplies seller Fastenal Co. has announced it will pay a $10 million, class-action settlement to former employees who sued last year for unpaid overtime and work-break pay.
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Fastenal agrees to $10M settlement
Star Tribune (Free subscription) | 09/04/2008
It's unclear how many people would be paid as a result of the settlement. But according to estimates made in October by an attorney for the plaintiffs, more than 2,000 current and former employees of the Winona-based industrial supplies seller may have been entitled to back pay from as far back as 2003.
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Fastenal settles suit over breaks, overtime
Star Tribune (Free subscription) | 08/30/2008
Fastenal settles suit over breaks, overtime Fastenal Co., the retailer of nuts and bolts based in Winona, Minn., agreed to pay $10 million to settle a lawsuit brought by former managers who claimed they were denied pay for overtime and breaks. The plaintiffs, who sued as a group in a class action, claimed Fastenal improperly classified assistant general managers as management, making them ineligible...
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Fastenal pays $10M to settle labor dispute
The Minneapolis/St. Paul Business Journal (Free subscription) | 08/29/2008
Fastenal Co. will pay $10 million to settle a purported class action lawsuit, the company said Friday.
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Fastenal Company - Announces Preliminary Agreement to Settle Purported Class Action Lawsuit
PR News Wire (Free subscription) | 08/29/2008
WINONA, Minn., Aug. 29 /PRNewswire-FirstCall/ -- Fastenal Company (Nasdaq: ) announced today that it has reached a preliminary agreement to settle a purported class action lawsuit relating to the classification of its Assistant General Managers as exempt for purposes of the overtime provisions of the Fair Labor Standards Act (FLSA) and California, Oregon, and Pennsylvania state statutes. This suit...
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Fastenal beats analysts' expectations
Star Tribune (Free subscription) | 07/12/2008
Gross margin rose to 52.5 percent from 50.3 percent as the company improved direct sourcing operations and continued its freight initiative, which relies on its truck fleet rather than external service providers. Rising fuel costs were an issue as total vehicle fuel costs rose 48 percent, to $3.7 million a month.
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