Fastenal Company

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Week in Review

www.topix.net | 3 hours 32 minutes ago

Digital River : Shares plunged Tuesday after an analyst downgraded the stock saying it will be hurt by weakened consumer spending in the fourth quarter.

http://www.topix.net/com/fast/2008/11/week-in-review

Mad Money Lightning Round: Fastenal, Teva Pharmaceutical, Activision, Family Dollar and More (at CNBC)

www.cnbc.com | Nov 21, 2008

] - Sell. This is "the most over-owned stock of all hedge funds." You shouldn't buy in a deflationary environment, and copper's fallen a lot, the dividend is in jeopardy.

http://www.cnbc.com/id/27828056/?__source=yahoo|headline|quote|text|&par=yahoo

FASTENAL CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits (EDGAR Online)

biz.yahoo.com | Nov 18, 2008

On November 18, 2008, Fastenal Company (the "Registrant") issued a press release announcing that on November 18, 2008 its Board of Directors declared a dividend of $.27 per share to be paid in cash on December 15, 2008 to shareholders of record at the close of business on December 5, 2008.

http://biz.yahoo.com/e/081118/fast8-k.html

Fastenal Company Announces Cash Dividend

news.prnewswire.com | Nov 18, 2008

Total Total Total value of Per share dividend dividend repurchased price of Dividends paid paid per shares repurchased Year paid (000's) share (000's) shares 2008 Three $117,474 $0.79 $25,955 $43.99 2007 Two $66,216 $0.44 $87,312 $41.86 2006 Two $60,548 $0.40 $17,294 $36.49 2005 Two $46,935 $0.

http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/11-18-2008/0004928111&EDATE=

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Video: Fannie & Freddie Takeover - Zibb.com

www.zibb.com

GSEs raise capital to appease investors Freddie Mac yet to complete financing; Analysis by Ira Jersey of Credit Suisse http://www.clipsyndicate.com/video/playlist/1998/688482?cpt=8&wpid=523

http://www.zibb.com/article/3917436/Video+Fannie+Freddie+Takeover

Home | Fastenal

Registering for a Fastenal.com account will enhance your online shopping experience with order templates, saved shopping carts, and much more.

http://www.fastenal.com/

Aearo Company - Safety products for hearing, eye, face, head and fall protection

www.aearo.com

Search Aearo Distributor Acklands-Grainger Address 19 Scurfield Blvd WINNIPEG MB R3Y 1G4 Canada Phone 204-949-5800 Distributor Fastenal Address 1455 Waverly St. Unit 8 WINNIPEG MB R3T OP7 USA Phone (204)488-6312 Fax (204)488-6450 Distributor Fastenal Address 354 Park Ave East BRANDON MB R7A 7A7 USA

http://www.aearo.com/distributors/zsearch.cfm?country=CANADA&state=MB

Q3 2008 Fastenal Earnings Release - Before Market Open (CCBN)

biz.yahoo.com

Learn when companies announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by adding it to your calendar.

http://biz.yahoo.com/research/earncal/20081013.html?t=fast

 

Fastenal Company Announces Cash Dividend - Zibb.com

The Fastenal Company of Winona, MN (Nasdaq: FAST) reported its Board of Directors declared a special one-time dividend of $.27 per share be paid in cash on December 15, 2008 to shareholders of record at the close of business on December 5, 2008. The Company expects to resume its historical practice of paying a semi-annual cash dividend in the foreseeable future, provided that any future determination as to payment of dividends will depend upon the financial condition and results of operations of the Company and such other factors as are deemed relevant by the Board of Directors.

Recent activity regarding dividends and stock repurchases are as follows:



                                                Total
                         Total      Total      value of      Per share
                        dividend   dividend   repurchased    price of
           Dividends     paid      paid per     shares      repurchased
     Year    paid      (000's)      share      (000's)        shares

     2008   Three     $117,474      $0.79     $25,955        $43.99
     2007    Two       $66,216      $0.44     $87,312        $41.86
     2006    Two       $60,548      $0.40     $17,294        $36.49
     2005    Two       $46,935      $0.31     $18,739        $26.75
     2004    Two       $30,350      $0.20          $-            $-
     2003    Two       $15,935     $0.105          $-            $-
     2002    One        $3,794     $0.025          $-            $-
     2001    One        $3,415    $0.0225          $-            $-

     * Note:   The 2008 dividend paid amounts include the impact from this
               Dividend announcement.  The total dividend paid amount in
               2008 has been estimated using the number of shares
               outstanding on September 30, 2008.  The 2008 shares
               repurchased information is as of September 30, 2008.

    All information reflects the 2-for-1 stock splits effected in the form of
    a stock dividend in each of 2002 and 2005.



Fastenal sells different types of industrial and construction supplies in the following product categories: threaded fasteners and miscellaneous supplies; tools; metal cutting tool blades and abrasives; fluid transfer components and accessories for hydraulic and pneumatic power; material handling; storage and packaging products; janitorial, chemical and paint products; electrical supplies; welding supplies; safety supplies; and metals, alloys and materials.

As of October 31, 2008, Fastenal operated 2,310 stores in the United States (all 50 states), Canada (all provinces), Puerto Rico (multiple), Mexico (14 states), Singapore (one location), Netherlands (one location), and China (one location) selling to the general public. The Company operates 14 distribution centers located in Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, Washington, California, Utah, North Carolina, Kansas, Ontario, Canada, Alberta, Canada; and Nuevo Leon, Mexico.

Additional information regarding Fastenal Company is available on the Fastenal World Wide Web site at www.fastenal.com.

This press release contains statements that are not historical in nature and that are intended to be, and are hereby identified as, "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995, including a statement regarding expectations as to payment of a comparable semi-annual cash dividend in the foreseeable future. Any future determination as to payment of dividends will depend upon the financial condition and results of operations of the Company and such other factors as are deemed relevant by the Board of Directors. For example, a change in business needs including working capital and funding for acquisitions, or a change in tax law relating to dividends, could cause the Company to decide not to pay a dividend in the future. A discussion of other risks and uncertainties is included in the Company's 2007 annual report on Form 10-K under the section captioned "Risk Factors" and the Company's 2007 annual and 2008 quarterly reports under the section captioned "Management's Discussion and Analysis of Financial Condition and Results of Operations". FAST-D

SOURCE Fastenal

http://www.fastenal.com

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Companies: Fastenal Co. (FAST)

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Tandy Leather Factory, Inc. Reports October Sales Down 8% Against October 2007 - Zibb.com

Tandy Leather Factory, Inc. (AMEX: TLF) reported today that sales for the month of October were $4.5 million compared to $4.9 million in October 2007, down 8%. Year-to-date sales are down 4% to $43.9 million in the current year from $45.8 million last year. Tandy's UK store, which opened in mid-February, reported October sales of $110,000 and $670,000 year-to-date.

Retail Leathercraft posted a 3% sales decline for October, with sales totaling $2.0 million compared to $2.1 million in October 2007. The 72 comparable stores posted a 4% same store sales loss for the month. The store opened in or after October 2007 added sales for the month of $25,000. Year-to-date sales for Retail Leathercraft are $20.4 million this year, a 1% increase over year-to-date 2007 sales of $20.1 million. As of the end of October, same store sales were down 3% for the year.

Wholesale Leathercraft posted sales of $2.2 million for October, down 15% from October 2007 sales of $2.6 million. Within the Wholesale Leathercraft division, the wholesale stores' sales were down 15% for the month while the National Account group posted an October sales decline of 16%. For the year to date, Wholesale Leathercraft sales are $22.2 million compared to $24.7 million in 2007, a loss of 10%. The stores and National Accounts posted an 11% and 7% sales decline for the year, respectively.

Chief Executive Officer, Ron Morgan, commented, "The economy continues to impact businesses worldwide and we are not immune as evidenced by our October sales. We are working on the development of new or enhanced sales programs -- expanding our product offerings for children and developing a curriculum for educators, for example - as well as while sticking with proven, more traditional leather work programs in order to generate sales. And we will continue to manage expenses closely in order to maximize profitability given the very difficult retail environment."

Tandy Leather Factory, Inc., (http://www.tandyleatherfactory.com), headquartered in Fort Worth, Texas, is a specialty retailer and wholesale distributor of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 29 Leather Factory stores, located in 19 states and 3 Canadian provinces, 73 Tandy Leather retail stores, located in 35 states and 5 Canadian provinces, one combination wholesale/retail store located in the United Kingdom, and Mid-Continent Leather Sales, one store located in Oklahoma. Its common stock trades on the American Stock Exchange with the symbol "TLF." To be included on Tandy Leather Factory's email distribution list, go to http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.

This news release may contain forward-looking statements. All forward-looking statements made here or in other news releases issued by Tandy Leather Factory, Inc. are based on current expectations as of the date of the release. These forward-looking statements involve risks and uncertainties that could cause the results of Tandy Leather Factory, Inc. to differ materially from management's current expectations. Many of these risks and uncertainties are detailed from time to time in TLF's reports filed with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and the most recent quarterly report on Form 10-Q. Investors are reminded that past performance may not be predictive of future results.

SOURCE: Tandy Leather Factory, Inc.

Tandy Leather Factory, Inc. 
Shannon L. Greene, 817-872-3200 
sgreene@tandyleather.com 
or 
Magellan Fin, LLC 
Mark Gilbert, 317-867-2839 
MGilbert@MagellanFin.com

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Tags: amex   annual report   canada   ceo   children   distributor   earnings   educators   email   environment   hardware   oklahoma   products   retail   sales   texas   wholesale  

Companies: Leather Factory, Inc. (THE) (TLF)

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Expert Group, Inc. Expands Mortgage Broker and Telemarketing Staff to Increase Loan Originations -

Expert Group, Inc. (Pink Sheets: EXPT) is pleased to announce that the Company has added in-house telemarketers to its retail real estate operation and increased the number of employees in its brokerage division.

Expert Group, Inc. has taken steps to expand its marketing efforts by having our in-house telemarketing we do no longer have to depend on third party data and can provide more leads for our growing Loan Officer Network.

"The recently passed Bailout, our revamped website and the additions to our staff will help aid us in continuing to increase our brand awareness and our growth. This will lead to our goal of expanding to multiple locations," stated Robert Rico, CEO of Expert Group, Inc.

About Expert Group, Inc.:

Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Inv. Inc., which offers loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes and Expert Credit Fix U.S.A., assisting borrowers with less than perfect credit to restore their credit to a level where lenders will grant them credit. Expert is licensed by the Department of Financial Regulations and a member of FAMB, and since inception has originated over 100 million in real estate loans.

Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as anticipate, believe, expect, future, may, will, would, should, plan, projected, intend and similar expressions. Such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

SOURCE Expert Group, Inc.

http://www.expertfinancing.net

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Tags: broker   business   ceo   corporate   expansion   fannie mae   freddie mac   human resources   marketing   mortgage   real estate   retail   securities   telemarketing  

Companies: Expert Group Inc (EXPT)

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Homeowner Advocate Demands Justice for America's Consumer - Zibb.com

The home mortgage process is being exposed. Industry expert Ted Krager reveals the underhanded methods used to cheat millions of homebuyers. The reality of the economic downturn, the collapse of the banking industry, and the devaluation of the housing market is impacting nearly every American and they are demanding to know how this crisis started.

Krager's new guide tells how the mortgage debacle began. More important, it helps homeowners save their homes by securing more equitable refinancing terms and guarantees that future homebuyers are not swindled into paying the same unnecessary hidden fees. It is the first step in correcting a near- corrupt industry that has contributed to the home market failure today.

A Harvard professor's 2002 study revealed that 85% of mortgage loans have hidden fees/commissions that cost homebuyers thousands of dollars via three schemes: higher rates than the best rate that was available, larger increases that were buried in their adjustable rate mortgages and hidden pre-payment penalties. Homebuyers are purposefully being deceived. This is a major contribution to the financial meltdown!

Starting with President Carter, then Clinton, the Community Reinvestment Act, Congress, Fannie Mae, and Freddie Mac, Washington forced the nation's largest lenders to "relax" underwriting guidelines for mortgage loans so that more people could qualify for a home loan. "Be careful what you ask for" is the message here, as many renters that should have stayed renters became homeowners with loans they couldn't afford. This opened the door wide for opportunistic loan officers using various and ongoing scams and rip-off schemes to take advantage of consumers. The failed mortgage system is still very much gamed against them.

Ted Krager's new e-Book - Dirty Little Secrets of the Mortgage Industry - delivers the specifics of these unscrupulous methods used to earn overly large fees and commissions by preying on the consumer's lack of knowledge. Further, the e-Book shows borrowers how to trim excess costs that lenders try to hide through jargon and "yield spread premiums." Ted even provides homebuyers with a "Consumer Contract of Rights" for their loan officer to sign, ensuring they get the very best rates and lowest fees.

"Mortgages are not rocket science," Krager asserts. "However, all the tricks used to hide costs that hurt consumers are not something most people outside the industry know or fully understand. I took loan applications for thousands of people over my career as a loan officer for a national mortgage banker and mortgage broker. Armed with these tricks of the trade, a consumer can drive the deal and secure the best mortgage or refinance."

Ted Krager's efforts to inform America's homeowners have been covered by Forbes, MarketWatch, CNN Money, Bloomberg, Reuters, The Wall Street Journal, USA Today, Washington Post, LA Times, ABC, CBS, NBC, FOX, VoiceAmerica, Modavox and more. See complete media coverage or buy the e-Book at http://www.homeowneriq.org.

    Contact:
    Jeannie McLaughlin
    972-983-4258
    Jump Lab
    Jeannie@jumplab.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Ted Krager

http://www.homeowneriq.org

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Tags: book   broker   career   clinton   congress   consumer   contract   fannie mae   freddie mac   market   media   money   mortgage   president   rates   refinancing   science   washington   yield  

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