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Sherwin-Williams Co (SHW.N)

SHW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sherwin-Williams entered into certain amendment to credit agreement
Monday, 1 Aug 2016 10:50am EDT 

Sherwin-Williams Co : Sherwin-Williams Co - Entered into certain amendment no. 3 to credit agreement - SEC Filing . Sherwin-Williams Co says purpose of amendment to increase revolving letter of credit by $50 million up to an aggregate availability of $200 million Source - http://bit.ly/2aHiQcv Further company coverage: [SHW.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Sherwin-Williams Q2 earnings per share $3.99
Thursday, 21 Jul 2016 07:00am EDT 

Sherwin-Williams Co : Q3 earnings per share view $4.41 -- Thomson Reuters I/B/E/S . Raising FY16 EPS guidance to $11.65 to $11.85 per share . "Our balance sheet remains flexible and is positioned well for future acquisitions and other investments in our business" . For Q3, anticipate our consolidated net sales will increase a low to mid single digit percentage compared to last year's Q3 . FY2016 earnings per share view $12.68, revenue view $11.85 billion -- Thomson Reuters I/B/E/S . Williams company reports 2016 second quarter financial results . Q2 earnings per share $3.99 . Q2 earnings per share view $4.16 -- Thomson Reuters I/B/E/S . Q2 sales $3.22 billion versus i/b/e/s view $3.28 billion . Sees Q3 2016 earnings per share $4.10 to $4.30 including items . Sees FY 2016 earnings per share $11.65 to $11.85 including items . FY EPS outlook includes an approximately $.85 per share net charge for acquisition costs . For full year 2016, expect consolidated net sales to increase by a low single digit percentage compared to full year 2015 .Q3 earnings per share view $4.41, revenue view $3.32 billion -- Thomson Reuters I/B/E/S.  Full Article

Valspar says shareholders approve proposed transaction with Sherwin-Williams Co
Wednesday, 29 Jun 2016 10:57am EDT 

Valspar Corp : Valspar Corp says shareholders approve proposed transaction with Sherwin-Williams Company . Valspar shareholders approve proposed transaction with the Sherwin-Williams Company .Transaction is expected to close by end of Q1 calendar year 2017.  Full Article

Sherwin-Williams enters second amendment to credit agreement - SEC filing
Monday, 20 Jun 2016 11:25am EDT 

Sherwin Williams Co: On June 20, entered into amendment no. 2 to credit agreement - SEC filing .Amendment increases revolving letter of credit by $50 million up to an aggregate availability of $150 million.  Full Article

Valspar Corp reports Q2 earnings per share $0.99
Tuesday, 24 May 2016 07:30am EDT 

Valspar Corp : Valspar reports fiscal second quarter 2016 results . Q2 adjusted earnings per share $1.22 . Q2 earnings per share $0.99 . Q2 earnings per share view $1.26 -- Thomson Reuters I/B/E/S . Foreign currency translation negatively impacted net sales by 3% for fiscal q2 2016 . Says in light of proposed merger transaction, company is withdrawing its financial and earnings guidance for fiscal 2016 . Suspended share repurchases in fiscal Q2 of 2016 and for balance of fiscal year . Sherwin-Williams, Valspar believe that no or minimal divestitures should be required to complete deal where Sherwin will buy co for $113per share . Qtrly net sales $1.06 billion versus $1.08 billion . If divestitures are required totaling more than $650 million of valspar's 2015 revenues deal price to be adjusted to $105per share in cash . Q2 earnings per share view $1.26, revenue view $1.12 billion -- Thomson Reuters I/B/E/S .Sherwin-Williams would have right to terminate transaction in event that required divestitures exceed $1.5 billion of Valspar's 2015 revenues.  Full Article

Sherwin-Williams says it still expects Valspar deal to close in 2017
Wednesday, 11 May 2016 04:53pm EDT 

The Sherwin : Williams co - companies continue to expect transaction to close by end of q1 calendar year 2017 . Williams -companies have each received request for additional information and documentary material from ftc .Williams company and valspar receive second request from ftc under Hart-Scott-Rodino act.  Full Article

Sherwin-Williams enters into a credit agreement
Monday, 9 May 2016 10:51am EDT 

Sherwin-williams Co : Entered into a credit agreement with Citicorp Usa, Inc . Williams says has right to borrow, renewal, extension ,increase of revolving letter of credit up to about availability of $50 MLN Source (http://bit.ly/1Nof4nd) Further company coverage: [SHW.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Sherwin-Williams Co declares dividend of $0.84 per common share
Wednesday, 20 Apr 2016 12:19pm EDT 

Sherwin-Williams Co:Says regular quarterly dividend of $0.84 per common share.Payable on June 3 to shareholders of record date on May 20.  Full Article

Sherwin-Williams Co declares dividend of $0.84 per common share
Wednesday, 17 Feb 2016 11:25am EST 

Sherwin-Williams Co:Declares regular quarterly dividend of $0.84 per common share.Payable on March 11 to shareholders of record date as on February 29.  Full Article

Sherwin-Williams Co gives Q1, FY 2016 guidance
Thursday, 28 Jan 2016 07:01am EST 

Sherwin-Williams Co:Anticipates Q1 2016 consolidated net sales to increase low single digit percentage compared to Q1 2015.Estimates Q1 2016 diluted net income per common share to be in the range of $1.50 to $1.65 per share.Expects FY 2016 consolidated net sales to increase a low single digit percentage compared to FY 2015.Anticipates FY 2016 diluted net income per common share to be in the range of $12.20 to $12.40 per share.  Full Article

BRIEF-Sherwin-Williams entered into certain amendment to credit agreement

* Sherwin-Williams Co - Entered into certain amendment no. 3 to credit agreement - SEC Filing