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Stock Market & Financial Investment News

News Breaks
January 2, 2013
16:59 EDTVALValspar in long-term strategic supply relationship with Ace Hardware
The Valspar Corporation announced a long-term strategic supply relationship with Ace Hardware Corporation under which Valspar will manufacture and supply Ace-branded paint products as well as make a comprehensive line of Valspar-branded paints available to more than 4,000 Ace retail locations in the United States. In addition, the two companies announced that Valspar has acquired Ace Hardware's paint manufacturing assets, including two manufacturing facilities located near Chicago.
News For VAL From The Last 14 Days
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May 28, 2015
10:02 EDTVALOn The Fly: Analyst Upgrade Summary
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09:19 EDTVALValspar upgraded to Buy from Hold at Gabelli
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09:08 EDTVALValspar upgraded to Buy from Hold at Gabelli
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May 27, 2015
07:32 EDTVALValspar reports Q2 adjusted EPS $1.07, consensus $1.10
Reports Q2 revenue $1.08B, consensus $1.11B. Net sales in local currency decreased 2 percent. Total volumes decreased 3 percent, driven by the expected decline in the Paints segment.
07:31 EDTVALValspar reaffirms FY15 adjusted EPS view $4.45-$4.65, consensus $4.60
Based on the company’s updated estimate of foreign currency translation for the year, the company is updating its fiscal 2015 annual sales guidance to reflect a sales decline in the “low single-digits” from fiscal 2014, compared to the previous guidance of “approximately flat sales”. Excluding the expected impact of currency translation, fiscal 2015 annual sales are expected to increase “low single-digits”.
07:05 EDTVALValspar to acquire performance coatings businesses of Quest Specialty Chemicals
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May 26, 2015
15:00 EDTVALNotable companies reporting before tomorrow's open
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