Sherwin-Williams To Acquire Valspar For $113 Per Share In All-Cash Deal
Sherwin-Williams (SHW) and Valspar (VAL) announced Sunday they have entered into a definitive agreement under which SHW will acquire Valspar for $113 per share in an all-cash transaction, representing an enterprise value of approximately $11.3B. The transaction, which has been unanimously approved by the boards of directors of both companies, represents a premium of approximately […]
Dollar Tumbles Third Straight Week, Is The Long-Term Bull Trend Over?
Fundamental Forecast for Dollar: Bearish The FOMC lowered its 2016 rate forecast from 100 to 50 bps, but that still confers considerable advanced to the Dollar Risk trends will carry heavier influence moving forward and counterparts will amplify USD faults and virtues See how retail FX traders are positioning in the Dollar-based majors heading into, and after the FOMC rate decision. […]
Another Threat To Gilead Has Emerged
From Hillary Clinton to Bernie Sanders, politicians brought up the issue of price-gouging by pharmaceutical companies. Many have been reacting to complaints by constituents or potential constituents. Politicians have taken a particular interest in HCV providers, Gilead GILD and AbbVie ABBV. Earlier this week, New York Attorney General Eric Schneiderman threw a shot across the […]
Binary Options Trading Opportunities – 3/20/2016
During the course of the session on Monday, we have very little in the way of economic announcements to move the markets, so having said that it’s very likely that we will have a reasonably quiet session on Monday. Silver markets pullback Silver markets broke out during the course of the day on Friday, […]
Top 3 Dividend Stocks With Great Growth Potential
The S&P 500 has almost recovered its losses this year, and we are close to breaking into positive territory.The Fed paused on raising interest rates, and reduced the number of rate hikes it expects to employ this year.This is pretty good news for the market, as the lower rates should be around for at least […]
E Thor Is 20% Overvalued
I have been pessimistic on the U.S. economy even before the financial crisis. The government’s response to the crisis — quantitative easing and bail outs to Wall Street — has been great for the investor class, but has done nothing for the populace. Now that the Fed has taken away the punch bowl I expect […]
Another Week – Same Story
Everything from last week remains the same except for price. Price for the S&P 500 Index (SPX) hesitated for all of a day at the 200 day moving average that everyone was tweeting, then blew right through it. Now traders are targeting 2070, 2080, and 2100. That is about the only difference in our Twitter indicators […]
US Bond Market Week In Review: The Fed Turns More Dovish
The Fed maintained their current policy, offering the following assessment of the economy in their announcement: Information received since the Federal Open Market Committee met in January suggests that economic activity has been expanding at a moderate pace despite the global economic and financial developments of recent months. Household spending has been increasing at a moderate […]
Amazon To Join Wal-Mart As A Top Ten Grocery Store By 2019: Cowen
By Michelle Jones Amazon (AMZN) has been stretching its wings to fly into more and more areas, and grocery shopping is one of its newest areas of interest. The timing may be apt too, as a new study found that the age group that purchases groceries online the most is entering the stage of life when their […]
Bank Stock Roundup: Fed Meeting, Job Cuts Dominate Headlines; BofA, Citi & JPMorgan In Focus
Over the last five trading sessions, the Federal Reserve’s two-day policy meeting dominated headlines. Keeping the rates unchanged (as expected by the market), the Fed lowered its projected rate to 0.875% by the end of this year from the prior estimate of 1.375%. This indicates that only two rate hikes are likely during the course […]
