Intraday Movers: OneMain Holdings Inc (NYSE:OMF), Fastenal Company (NASDAQ:FAST)

On Wednesday, Shares of OneMain Holdings Inc (NYSE:OMF), added 3.20% and closed at $17.44 in the last trading session. The last trading range of the stock ranges between $16.03 and $18.29. OneMain Holdings, Inc. (OMF) recently stated income before provision for income taxes of $33 million and net income of $25 million, or $0.19 per diluted share for the third quarter of 2016, contrast to a loss of $0.10 per diluted share in the prior year.

Jay Levine, President and CEO of OneMain Holdings, Inc. said, “Our third quarter results reflect the progress we have made on our planned priorities and the integration of OneMain. In fact, our Consumer and Insurance segment adjusted earnings per diluted share more than doubled from last year.”

Levine added, “We continued to grow receivables, manage credit risk, further strengthen our liquidity and balance sheet, and realize synergies from the acquisition of OneMain. We also accomplished the noteworthytask of combining the two branch networks under a single brand, which will further enhance our name recognition and our ability to offer competitive products to our customers.”

Fastenal Company (NASDAQ:FAST), jumped 7.31% and closed at $43.59 in the last trading session. The last trading range of the stock ranges between $39.78 and $43.97. The company’s Market capitalization is $12.60 Billion with the total Outstanding Shares of 289.03 million. Fastenal Company, together with its auxiliaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies mainly under the Fastenal name. The company’s fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, in addition to in the maintenance and repair of machines and structures. It also offers miscellaneous supplies and hardware, counting various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers, maintenance, repair, and operations; and non-residential construction market, which include general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, in addition to federal, state, and local governmental entities.

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