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Stock Market & Financial Investment News

News Breaks
December 5, 2012
15:52 EDTVALValspar increases dividend 15% to 23c per share, authorizes 15M share repurchase
The Valspar Corporation announced its board has declared a quarterly dividend of 23c per share, payable December 28 to all common stockholders of record on December 17. This dividend payment accelerates the corporation's regular quarterly dividend, which is normally paid in January. The payment represents a 15% increase over last quarter's payment. The board has also authorized the repurchase of 15M shares of outstanding common stock. This authorization is effective immediately, replaces the previous repurchase authorization of October 2010, and has no expiration date.
News For VAL From The Last 14 Days
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October 8, 2014
16:29 EDTVALU.S. Chemicals sector initiated with an Overweight at RBC Capital
RBC Capital started the U.S. Chemicals sector with an Overweight rating citing the growth of shale gas. The firm lists ethylene stocks LyondellBasell (LYB), Westlake Chemical (WLK) and Dow Chemical (DOW) its top picks in the space. RBC views coatings stocks as good ways to play the pending recovery in construction, and has Outperform ratings on Sherwin-Williams (SHW) and PPG Industries (PPG). RBC put its only Underperform rating in the sector on Axiall (AXLL), citing the company's short ethylene position and leverage to single-family housing.
16:20 EDTVALValspar initiated with a Sector Perform at RBC Capital
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