(VAL) Valspar Profit Improves – raised its earnings estimate for fiscal 2009
Valspar Corp. (VAL) revealed a 38% improvement in profit to $65 million or 61 cents per share for the fiscal third quarter. The world’s sixth largest paint and coatings manufacturer also topped the...
View Article(BWY) Zacks #1 Rank Additions for Wednesday – Strong Buy changes
Here are the stocks added to the Zacks #1 Rank (“strong buy”) List today: Bway Holding Co (BWY) China-Biotics Inc (CHBT) DreamWorks Animation SKG Inc (DWA) Evercore Partners Inc (EVR) Gafisa SA (GFA)...
View Article(VAL) Valspar Corporation Beats & Raises
Paint and coatings maker Valspar Corporation (VAL) recently reported a 38% y-o-y increase in net earnings to 61 cents per share in the third quarter of fiscal 2009, helped by cost-cutting efforts....
View Article(VAL) Valspar Corporation – Bull of the Day
We are upgrading Valspar Corporation (VAL) shares to Outperform with a target price of $32.00. The company’s solid results and robust margin gains over the past few quarters reflect the dramatic raw...
View Article(VAL) Valspar Corporation’s Profits Mount
Recently, Valspar Corporation (VAL) reported its results for the fourth quarter and fiscal year ended Oct 30, 2009. Net income per share improved to 49 cents in the quarter from 35 cents in the year...
View Article(VAL) Valspar Corporation Reports Strong First Quarter
Net earnings for Valspar Corporation (VAL), one of the largest paints and coatings manufacturers globally, improved a robust 69% to 61 cents per share in the second quarter of fiscal 2010 compared with...
View Article(DOW) May 2010 – Industry Outlook – Chemicals Industry
OUTLOOK After the sharp declines in the last two years, we expect worldwide chemical production (excluding pharmaceuticals) to recover, albeit at a slow rate. At a global level, we currently expect...
View Article(VAL) Valspar Corporation Earnings Barely Miss Expectations
Paints and coatings maker Valspar Corp. (VAL) recorded net income of $75.1 million or 74 cents per share in the third quarter of fiscal 2010, up 15.5% from last year’s $65 million or 61 cents per...
View Article(DOW) Chemical Stock Review and Outlook – September 2010 – Industry Outlook
OVERVIEW The chemical industry consists of companies engaged in the processing and refinement of agricultural and industrial chemicals as well as gases. Chemicals are used to make a wide variety of...
View Article(DOW) Chemical Industry Outlook – October 2010 – Industry Outlook
OVERVIEW The chemical industry comprises of companies engaged in the processing and refinement of agricultural and industrial chemicals as well as gases. Chemicals are used to make a wide variety of...
View Article(DOW) Chemical & Fertilizers Industry Outlook – January 2011 – Industry Outlook
OVERVIEW Chemicals are essential to millions of consumer goods, enabling hi-tech advances in industries as diverse as aerospace, computing and telecommunications. The chemical industry comprises...
View Article(MAS) Masco Retains Underperform
We reiterate our Underperform recommendation on Masco Corporation (MAS), which manufactures, sells, and installs home improvement and building products. The company earns 75-80% of revenues from the...
View Article(VAL) Valspar Launches Valspar Plus Paint
The Valspar Corporation’s (VAL) Valspar Paint launched the first indoor decorative paint, which has been certified by the Asthma and Allergy Foundation of America (AAFA). The Valspar Plus paint,...
View Article(SHW) Sherwin Williams Analyst Maintains Neutral on Shares
We are maintaining our Neutral recommendation on Sherwin Williams Company (SHW) as it is recovering with improving domestic and international sales of automotive finishes, original equipment...
View Article(SHW) Sherwin Renews Credit Facility
The Sherwin-Williams Company (SHW) has recently entered into a 5-year $1.05 billion New Credit Agreement, with lenders including Bank of America Corporation (BAC) as an administrative agent, Wells...
View Article(VAL) Valspar Reports Earnings In Line With Forecast
The Valspar Corporation’s (VAL) net earnings moved up 10 cents to 80 cents in the third quarter of 2011 from last year’s 70 cents and were in line with the Zacks Consensus Estimate. Adjusted net...
View Article(SHW) Sherwin-Williams Third Quarter 2011 Earnings Preview
Sherwin-Williams Co. (SHW) will release its results for the third quarter of 2011 before the market opens on October 25, 2011. Sherwin-Williams reported net earnings of $1.58 per share in the second...
View Article(VAL) The Valspar Corporation – Bull of the Day
We are maintaining our Outperform recommendation on The Valspar Corporation (VAL). Second quarter earnings topped the Zacks Consensus Estimate while sales missed. The company witnessed improved margins...
View Article(BASFY) Chemical Industry Stock Outlook – September 2012 – Industry Outlook
June quarter results mostly reflect a slow economic recovery in the U.S. and persistent recessionary conditions in Europe, leading to weakening demand for chemical products. High input costs and...
View Article(GDP) Chemical Industry Stock Outlook – Dec 2012 – Zacks Analyst Interviews
The September quarter essentially mirrored the conditions witnessed in the first two quarters of the year. A feeble economic recovery in the U.S. and persistent recessionary conditions in Europe...
View Article(GDP) Chemical Industry Stock Outlook – May 2013 – Industry Outlook
A tough economic backdrop in Europe, uncertainties surrounding the U.S. fiscal cliff, manufacturing slowdown, sluggish activity in China and weakness across some key end-markets weighed on the...
View Article(WMT) Focus Shifts to Retail Earnings – Earnings Preview
The Q1 earnings season is over for most of the major sectors, with the Retail sector as the only one that has a significant number of reports still awaited. As such, Retail has a heavy presence in this...
View Article(VAL) Valspar Neutral Rating Reaffirmed by Analysts
We have reaffirmed our Neutral recommendation on paints and coatings maker Valspar Corp. (VAL) following its mixed second-quarter fiscal 2013 results. While we are encouraged by the recovery in its...
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