Watch List: Fastenal Company (NASDAQ:FAST), Dover Corp (NYSE:DOV)

On Monday, shares of Fastenal Company (NASDAQ:FAST), included 1.03% and shut at $45.26 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $44.78 and $45.28. 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.

Shares of Dover Corp (NYSE:DOV), added 2.75% and shut at $72.09 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $70.57 and $72.98. The association’s commercial center capitalization is $11.20 Billion with the general uncommon loads of 155.35 million. Dover (DOV) declared recently that it closed its offering of €600 million aggregate principal amount of 1.250% Notes due 2026. The net proceeds from the sale of the notes will be used for general corporate purposes, which may include repayment of commercial paper or, depending on timing considerations, the payment of a portion of the purchase price of Wayne Fueling Systems, Ltd.

BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities, Citigroup and Deutsche Bank acted as the joint book-running managers for the offering.  The notes were issued following an effective shelf registration statement that was formerly filed with the Securities and Exchange Commission.

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