Auto-related stocks report higher earnings

GENUINE PARTS CO. $97 (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Indus try sector; Shares outstanding: 146.8 million; Market cap: $14.2 billion; Dividend yield: 3.0%; Dividend Sustainability Rating: Above Average; www.genpt.com) sells replacement auto parts through 1,100 outlets under the NAPA banner; and the company’s distribution… Read More

These leaders just announced spinoffs

GENUINE PARTS CO. $92 (New York symbol GPC; Manufacturing & Industry sector; Shares outstanding: 146.7 million; Market cap: $13.5 billion; Dividend yield: 3.1%; Takeover Target Rating: Medium; www.genpt.com) sells replacement auto parts through 1,100 outlets under the NAPA banner. In addition, the company’s distribution business serves 4,900… Read More