Latest Masco Corp News and Updates
Macquarie Rated Fortune Brands Home & Security as ‘Outperform’
Fortune Brands Home & Security reported 3Q16 net sales of $1.3 billion, which is a YoY (year-over-year) rise of 3.2% over its net sales of $1.2 billion in 3Q15.
Bank of America/Merrill Lynch Downgrades Spectrum Brands to ‘Neutral’
Spectrum Brands Holdings fell 2.8% to close at $119.81 per share on January 10. Its weekly, monthly, and YTD price movements were -0.87%, -1.2%, and -2.1%.
Why Did Moody’s Affirm Spectrum Brands’ Rating?
Spectrum Brands Holdings (SPB) has a market cap of $7.6 billion. It rose 2.8% to close at $124.93 per share on November 21, 2016.
How Did Fortune Brands Home & Security Perform in 3Q16?
Fortune Brands Home & Security (FBHS) has a market cap of $8.2 billion. It rose 1.6% to close at $53.16 per share on October 26, 2016.
A Look at Spectrum Brands’ 4Q16 Performance
Spectrum Brands Holdings (SPB) fell 5.6% to close at $121.52 per share in the third week of November 2016.
How Did Spectrum Brands Perform in 1Q17?
Spectrum Brands reported fiscal 1Q17 net sales of $1.21 billion—a fall of 0.6% compared to net sales of $1.22 billion in fiscal 1Q16.
How Has Spectrum Brands Holdings Performed Compared to Its Peers?
The price-to-book value ratios of Spectrum Brands Holdings, Whirlpool, Jarden, and Scotts Miracle-Gro are 3.3x, 2.6x, 3.5x, and 6.6x, respectively.
Spectrum Brands’ Revenue Rises, Income Falls in Fiscal 4Q15
After its fiscal 4Q15 earnings report, Spectrum Brands rose by 2.9% to close at $95.12 per share as of November 19, 2015.
Analyzing Lowe’s Merchandise and Services Assortment
Lowe’s sources its merchandise from over 7,000 suppliers with no supplier accounting for more than 6% of sales.
How US Retail Sales Changed in Two Decades
The retail sales for 2018 were $4.3 trillion. From January to July 2019, the retail sales in this category rose 3.5% over the comparable period in 2018.
What’s the Latest News on Spectrum Brands?
Spectrum Brands Holdings (SPB) rose 8.9% to close at $132.67 per share during the fourth week of January 2017.
Barclays Rates Fortune Brands Home & Security ‘Equal-Weight’
Fortune Brands Home & Security rose 1.5% to close at $54.78 per share on January 6. Its weekly, monthly, and YTD movements were 1.4%, -0.67%, and 2.5%.
Fortune Brands Home & Security Declares a Dividend
Fortune Brands rose 1.1% to close at $56.02 per share on December 14. The stock’s weekly, monthly, and YTD price movements were 0.63%, 0.17%, and 2.1%.
Fortune Brands Appoints SVP of Global Growth and Development
Fortune Brands Home & Security (FBHS) has a market cap of $8.5 billion. It rose 2.2% to close at $54.97 per share on December 5, 2016.
Moody’s Gave Spectrum Brands’ Senior Unsecured Notes a B2 Rating
Spectrum Brands Holdings (SPB) has a market cap of $7.7 billion. It fell 2.0% to close at $124.68 per share on September 13, 2016.
Spectrum Brands Announces Its Plans for Senior Notes
Spectrum Brands Holdings (SPB) has a market cap of $7.8 billion. It rose 0.79% to close at $127.17 per share on September 12, 2016.
Why Is Fortune Brands Planning to Create a New Group?
Fortune Brands Home & Security (FBHS) has a market cap of $9.7 billion. It rose by 0.19% and closed at $62.57 per share on August 18, 2016.
How Big Were Masco’s and First Data’s Bond Issuances Last Week?
Both Masco Corporation and First Data Corporation issued dollar-denominated junk bonds worth $900 million last week.
What Led to the Surge in High Yield Bond Issuance Last Week?
High yield bond issuance rose last week as the stock Market improved due to the rise in oil prices. Dollar-denominated high yield debt amounting to $4.1 billion was issued last week.
Investment-Grade Bond Funds Saw Record Inflows Last Week
Investment-grade bond funds saw net inflows of $2.2 billion during the week, the highest since February 25, 2015.
Spectrum Brands Launched New Heater with Increased Efficiency
Spectrum Brands Holdings (SPB) has a market cap of $5.6 billion. SPB rose by 1.4% to close at $93.38 per share on February 17, 2016.
Home Depot and the Housing Market’s Leading Indicators
Housing starts and permits are leading indicators. Home price levels also influence the health of the housing market.
Home Depot’s Product Portfolio and Supplier Relationships
Kitchen and garden products are the best-grossing product categories. These accounted for nearly 27% of revenues in fiscal 2014.
Iridian increases its holdings in Masco by a staggering 394%
Masco delivered top line growth of 4% during 2014 and dividends increased by 20%. Sales increased, and SG&A expenses stayed flat over the previous year.
Iridian sells its holdings in FMC Corp.
FMC obtained global rights for a new herbicide from research companies based in Japan. The herbicide is reportedly effective in controlling broadleaf weeds.
A brief overview of Iridian Asset Management’s 13F filing
Iridian Asset Management witnessed a rise in the size of its portfolio from $9.7 billion in 3Q14 to $10.7 billion in 4Q14.