Hints and tips:
...In the $164bn paint market, which is dominated by global manufacturers such as Sherwin-Williams, PPG and Akzo Nobel, consumers are bearing the brunt as producers increase prices to protect margins in the...
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...Houlihan Lokey has hired Michael Collinson as a managing director in the consumer, food and retail group, based in London. Collison was previously a managing director at William Blair....
...In March 2016 Sherwin-Williams, a leading US paint maker, agreed to pay $11.3bn for domestic rival Valspar, and highlighted opportunities to trim overheads....
...Two other big players in paints and coatings, Sherwin Williams and Valspar, are already in the process of merging. A surprise Chinese bidder may yet materialise, as it did for Syngenta....
...A deal would also help the two companies respond to a recent deal by one of their main rivals, Sherwin-Williams, which is paying $11.3bn to purchase Valspar....
...Plans by Sherwin-Williams to merge with smaller rival Valspar in a $11.3bn deal including debt failed to excite the market....
...Comex announced last month that it was suing Sherwin-Williams for undisclosed damages over the failure of its offer....
...Busy owner-managers are short of time, but William Robinson, the sixth generation of his family to be involved in the brewery, says the commitment is worth it....
...Avis Budget Group gained 12.2 per cent to $21.75 as the rental car company said it would acquire Zipcar , the car-sharing group, for about $500m in cash....
...The purchase left it with sub-scale divisions here and there, and in particular in the US decorative paints market, where it was operating in the shadow of PPG and Sherwin-Williams....
...Finally, Mr O’Connor could not resist heading his note on the departure of Paul Stobart, Sage’s northern European chief executive, as D.I.V.O.R.C.E....
...Shares in FedEx sank 3.8 per cent to $82.72 after the first-quarter profit of $1.20 per share just missed the average estimate of $1.21 per share, and the group, often seen as a bellwether for global trade...
...The shape of the current recession has been described in many ways – a double-dipping W with more pain to come or a V-style recovery, with the rise as steep as the fall....
...“Small caps have underperformed for the past 25 years,” says Gervais Williams, the small cap manager at Gartmore....
...Foreclosures, which dipped as mortgage companies waited for details of the Obama administration’s housing plans, are surging again....
...Sherwin-Williams also rose 12.3 per cent to $53.86 after the paint retailer said second-quarter profit fell less than analysts estimated....
...Expedia, the online travel agency, slipped 3.4 per cent to $18.54, Sherwin Williams, the paint maker, fell 6.8 per cent to $50.45....
...Zoom: The Global Race to Fuel the Car of the Future By Iain Carson and Vijay V....
...Blackstone is trying to put a good face on all this: by announcing the closure to new investors of its $21.7bn fund, V – the largest ever – and by claiming the market reversal plays to its strengths by reducing...
...What they would regard as the wrong ruling in the case could frighten foreign issuers away from US markets and dissuade overseas groups from doing business with US corporations, business groups say....
...Among those positing some informed theories are William Cohan, former investment banker and author of the widely acclaimed “The Last Tycoons: The Secret History of Lazard Freres & Co”, and Tuesday’s BreakingViews...
...Instead of possibly making an approach for ICI, analysts suggested Akzo might acquire Sherwin-Williams, the US paints company, with the cash, while saying it could become a target itself if it did not move...
...Kindler, Chairman and CEO, Pfizer Inc., USA Klaus Kleinfeld, President and CEO, Siemens AG, Germany Mustafa V....
...It was closely followed by Sherwin-Williams, which slumped 21.6 per cent this week to $41.29 after analysts said the paint maker could face millions of dollars in clean-up costs for homes tainted with lead...
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