New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 26, 2014
12:26 EDTVAL, SHW, RPM, FULH.B. Fuller falls after cutting full year profit outlook
Shares of H.B. Fuller (FUL), which manufactures adhesives, sealants and other specialty chemical products, are falling after the company cut its fiscal 2014 earnings per share outlook. WHAT'S NEW: Last night, H.B. Fuller reported second quarter adjusted EPS of 78c and revenue of $544M, compared to analysts' consensus estimates of 78c and $545.18M, respectively. WHAT'S NOTABLE: The company cut its FY14 EPS view to $2.80-$2.95 from $3.00-$3.15, versus consensus of $3.07. It said the downward revision reflects the expected delay in realizing margin improvement following the completion of the business integration project in Europe. The company is also adjusting its guidance for core income tax rate, which excludes discrete items, to 29% for the full year, down from its previous guidance of 30%. On its earnings conference call, H.B. Fuller said FY14 revenue growth was expected to be at the low end of its long-term range, compared to consensus of $2.14B. It also said margin expansion will be delayed this year. Management said Q2 ended with "good momentum" that should carry the company through the rest of the year. They now expect to exit the year slightly behind their 14% EBITDA margin target, and anticipate that all project one related impacts that the company experienced will be resolved. They expect inventory balance to return to more normal levels by the end of this fiscal year, and CapEx levels are expected to drop in the second half. PRICE ACTION: In early afternoon trading, H.B. Fuller fell $3.07, or about 6.1%, to $47.18 on heavy trading volume. Despite today's pull back, the stock is up approximately 20% over the past 12 months. OTHERS TO WATCH: Other companies in the sealants and chemicals space include Sherwin-Williams (SHW), The Valspar Corporation (VAL), and RPM International (RPM).
News For FUL;SHW;VAL;RPM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 29, 2015
08:05 EDTSHWWayfair announces partnership with Sherwin-Williams
Subscribe for More Information
July 28, 2015
14:21 EDTVAL, SHWMasco spikes higher after quarterly results and analyst upgrade
Subscribe for More Information
07:35 EDTSHWHouse Energy & Commerce Committee to hold a hearing
The Energy and Power Subcommittee is hosting a Roundtable to discuss "EPA's Proposed Ozone Rule: Potential Impacts on Manufacturing and Jobs" with Sherwin Williams Director of Legislative Affairs, Greg Johnson, on July 28 at 2 pm. Webcast Link
July 27, 2015
08:05 EDTRPMRPM sees FY16 capital expenditures of $120M
Subscribe for More Information
07:40 EDTRPMRPM says consumer segment getting off to weak start in Q1 due to weather
Results for industrial segment, with 50% of its sales outside of the U.S. will be somewhat weighted to 2H16 due to expected negative impact of foreign exchange translation during 1H16, offset in part by expected continuing solid performance of the SPHC companies.
07:39 EDTRPMRPM sees FY16 Industrial segment sales growth of 8%-10%
Subscribe for More Information
07:38 EDTRPMRPM sees FY16 consumer segment sales up 4%-5%
The company said core consumer business continues to gain market share with new product innovations, but poor weather from the spring has continued into the summer months, dampening first-quarter sales. Expects both top- and bottom-line growth in Synta and Kirker units.
07:37 EDTRPMRPM sees FY16 EPS $2.55, consensus $2.73
Subscribe for More Information
07:36 EDTRPMRPM reports Q4 Industrial segment sales up 14.2% to $878.5M
Reports Q4 Industrial segment organic sales up 6.4%. Reports Q4 Consumer segment sales down 2.5% to $494.7M, organic sales down 1.3%.
07:35 EDTRPMRPM reports Q4 EPS 94c, consensus 84c
Subscribe for More Information
July 22, 2015
14:37 EDTSHW, VALHome improvement stocks rally after Owens Corning results, home sales data
Subscribe for More Information
July 21, 2015
10:01 EDTSHWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASML (ASML) upgraded to Accumulate from Neutral at SNS Securities... Anacor (ANAC) upgraded to Buy from Neutral at Goldman... Artisan Partners (APAM) upgraded to Outperform from Neutral at Credit Suisse... Canadian National (CNI) upgraded to Buy from Hold at Canaccord... General Mills (GIS) upgraded to Outperform from Sector Perform at RBC Capital... Halliburton (HAL) upgraded to Accumulate from Neutral at Global Hunter... Harte-Hanks (HHS) upgraded to Outperform from Market Perform at BMO Capital... MDC Partners (MDCA) upgraded to Overweight from Neutral at Piper Jaffray... SABMiller (SBMRY) upgraded to Buy from Neutral at Nomura... Sanmina (SANM) upgraded to Neutral from Underperform at Longbow... Santander Mexico (BSMX) upgraded to Neutral from Sell at Goldman... Sherwin-Williams (SHW) upgraded to Buy from Neutral at Northcoast... Southwestern Energy (SWN) upgraded to Buy from Neutral at Global Hunter... Verisk Analytics (VRSK) assumed with an Outperform at Keefe Bruyette.
08:46 EDTSHWSherwin-Williams upgraded to Buy from Neutral at Northcoast
Subscribe for More Information
July 16, 2015
15:58 EDTSHWHome improvement stocks slide after Sherwin-Williams cuts view
Subscribe for More Information
10:04 EDTSHWHigh option volume stocks
High option volume stocks: TWX PMCS SHW ASML GRMN GSAT ROVI ALLY LC HZNP
09:55 EDTSHWSherwin-Williams gaps down following earnings, levels to watch
The stock is down over 10.8% at time of writing to $251.97. At that price next support is at $250.27, the low of the day and then at $248.06. Resistance is at $259.11.
07:06 EDTSHWSherwin-Williams reports Q2 Paint Sales Group sales up 5.4% to $1.98B
Reports Q2 Consumer Group sales up 13.1% to $490M. Reports Q2 Global Finishes Group sales down 7.1% to $505.8M. Reports Q2 Latin America Coatings Group sales down 17.2% to $150.1M.
07:05 EDTSHWSherwin-Williams cuts FY15 EPS to $10.60-$11.00 from $10.90-$11.10
Subscribe for More Information
07:03 EDTSHWSherwin-Williams sees Q3 EPS $3.75-$3.90, consensus $4.14
Subscribe for More Information
07:03 EDTSHWSherwin-Williams reports Q2 EPS $3.70, consensus $3.81
Reports Q2 revenue $3.13B, consensus $3.26B. Reports net sales from stores open more than twelve calendar months up 3.9% in Q2. The increases in second quarter and six month diluted net income per common share were due primarily to improved operating results of the Paint Stores and Consumer Groups.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use