All Posts Tagged With: "SHW"

(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 quarter of 2011 missing the Zacks Consensus Estimate of $1.77 per share.  However,... 

26Oct2011 | | 0 comments | Continued

(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 earnings excluded 10 cents per share restructuring charge. Including these charges... 

16Aug2011 | | 0 comments | Continued

(LOW) Lowe’s Companies Earnings Preview

Lowe’s Companies Inc. (LOW), the world’s second largest home improvement retailer, is scheduled to report its second-quarter 2011 financial results on Monday, August 15, 2011. The current Zacks Consensus Estimate for the quarter is 67 cents a share. For the quarter under... 

15Aug2011 | | 0 comments | Continued

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall... 

18Jul2011 | | 0 comments | Continued

(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 Fargo & Company (WFC) as syndication agent and JPMorgan Chase & Co. (JPM)... 

14Jul2011 | | 0 comments | Continued

(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 manufacturers’ product finishes, and protective and marine coatings. The Paint segment... 

6Jul2011 | | 0 comments | Continued

(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, certified as asthma and allergy friendly, decreases airborne irritants and enhances... 

1Jul2011 | | 0 comments | Continued

(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 operations in North America, primarily in the U.S., while its international operations... 

24Jun2011 | | 0 comments | Continued

(SHW) U.S. Used Home Sales – Prices Fall

In May, Existing Home Sales ran at a seasonally adjusted annual rate of 4.81 million. That pace is 3.1% lower than in April, and 15.3% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit. The April sales rate was slightly... 

21Jun2011 | | 0 comments | Continued

(SHW) Used Home Sales Down – Inventories Up

In April, Existing Home Sales ran at a seasonally adjusted annual rate of 5.05 million. That pace is 0.8% lower than in March, and 12.9% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit. The April sales rate was below... 

28May2011 | | 0 comments | Continued

(SHW) U.S. Home Reseale Report Better than Expected

In March, Existing Home Sales ran at a seasonally adjusted annual rate of 5.10 million. That pace is 3.7% higher than in February, but 6.3% below the year-ago rate. The March sales rate was above consensus expectations of a 5.00 million annual rate. February was revised up from... 

22Apr2011 | | 0 comments | Continued

(SHW) Existing Home Sales Rise – Analyst Blog

In January, existing home sales ran at a seasonally adjusted annual rate of 5.36 million. That pace is 2.7% higher than in December, and 5.3% above the year-ago rate. The year-ago rate of 5.09 million was depressed as everyone was rushing to get the deals done in November 2009... 

23Feb2011 | | 0 comments | Continued

(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 companies engaged in the conversion of raw materials — oil, natural gas,... 

26Jan2011 | | 0 comments | Continued

(SHW) U.S. Existing Home Sales Rise

In December, existing home sales ran at a seasonally adjusted annual rate of 5.28 million. That pace is 12.3% higher than in November, but 2.9% below the year-ago rate. The year-ago rate of 5.44 million was inflated as everyone was rushing to get the deals done before they thought... 

20Jan2011 | | 0 comments | Continued

(SHW) U.S. Used Home Sales Rise in October

In November, existing home sales ran at a seasonally adjusted annual rate of 4.68 million. That pace is 5.6% higher than in October, and 27.9% below the year-ago rate. The year-ago rate of 6.49 million was inflated as everyone was rushing to get the deals done before they thought... 

22Dec2010 | | 0 comments | Continued

(SHW) U.S. Pre-Existing Home Sales Fall in October 2010

In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they thought... 

23Nov2010 | | 0 comments | Continued

(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 consumer goods besides being necessary in the agriculture, manufacturing, construction... 

17Oct2010 | | 0 comments | Continued

(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 consumer goods, besides being necessary in the agriculture, manufacturing, construction... 

22Sep2010 | | 0 comments | Continued

(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 share. Earnings were helped by a stronger catings business that negated subdued... 

18Aug2010 | | 0 comments | Continued

(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 that chemical production will require another couple of years to return to production... 

26May2010 | | 0 comments | Continued

(SHW) Sherwin-Williams Aquires Sweden-Based Becker Acroma Industrial Wood Coatings

Leading paint and coating producer Sherwin-Williams Company (SHW) has signed an agreement to acquire Sweden-based Becker Acroma Industrial Wood Coatings, one of the largest manufacturers of industrial wood coatings globally and a technology leader in water and other wood coatings... 

25May2010 | | 0 comments | Continued

(SHW) Good News, Bad News For U.S. Existing Home Sales

In April, existing home sales rose a greater-than-expected 7.6% to a seasonally adjusted annual rate of 5.77 million. That is up 22.8% from the 4.70 million rate of a year ago. The expectations were for a rate of 5.65 million, and the March numbers were revised slightly higher.... 

24May2010 | | 0 comments | Continued

(PCL) U.S. Existing Home Sales Rise in March

Existing Home Sales rose 6.8% in March to a seasonally adjusted annual rate of 5.35 million. That rate is 16.1% higher than the 4.61 million rate of a year ago. The number was slightly better than the consensus expectations of a 5.29 million annual rate. Existing homes sales... 

22Apr2010 | | 0 comments | Continued

(FNM) U.S. Existing Home Sales Slip Slightly

Existing home sales fell by 0.6% (seasonally adjusted annual rate) to 5.02 million from a 5.05 million rate in January. This was just 7.0% above the extremely depressed rate of a year ago. However, it was slightly better than the consensus expectations of a 5.00 million rate. Existing... 

27Mar2010 | | 0 comments | Continued

(SHW) Sherwin-Williams Beats Consensus Earnings Estimates

Sherwin-Williams (SHW) has posted a profit of 69 cents per share (before special items) for the fourth quarter of 2009 compared to 60 cents per share (before special items) in the same quarter a year ago. The profit was higher than the Zacks Consensus Estimate of 53 cents per... 

26Jan2010 | | 0 comments | Continued

(SHW) Existing Homes Sales Plunge

The National Association of Realtors reported this morning that in December Existing Homes Sales plunged 16.7% from November, to an annual rate of 5.45 million. That rate was, however, 15.0% below the extremely depressed 4.74 million rate in December 2008. While inventories also... 

25Jan2010 | | 0 comments | Continued

(SHW) Pending Home Sales Tumble According to National Association of Realtors

The National Association of Realtors (NAR) reported that Pending Home Sales plunged 16.0% in November from October, but are 15.5% above year-ago levels. Used home sales are recorded at closing — not when the deal is reached — which often results in a delay of as much... 

5Jan2010 | | 0 comments | Continued

(FNM) Existing Home Sales Soar Again

In October, existing home sales rose by 10.1% and are now 23.5% above the year-ago rate. Sales were at a seasonally adjusted annual rate of 6.10 million, up from 5.54% in September and a 4.94 million pace a year ago. Existing single family home sales rose by 9.7% to a 5.33 million... 

23Nov2009 | | 0 comments | Continued

(SHW) Sherwin Williams Cost Cuts Help Company Exceed Earnings Estimates

Net earnings of $1.51 per share for paint and coating maker Sherwin Williams Company (SHW) in the third quarter of 2009 exceeded the Zacks Consensus Estimate of $1.35 per share and improved marginally from the $1.50 reported in the same period of the previous year. Cost reduction... 

20Oct2009 | | 0 comments | Continued

(DDR) Developers Diversified Realty Corporation Appoints New Director

Developers Diversified Realty Corporation (DDR), a leading real estate investment trust (REIT), has recently appointed a new Director on its board following the resignation of Dean S. Adler. Adler has resigned from the board of the company citing personal reasons. In his place,... 

11Sep2009 | | 0 comments | Continued