VAL– The Valspar Corporation – develops, manufactures and sells coatings, paints and related products. The stock price saw a rise of 27.4% pre-market today.
VAL- The Valspar Corporation |
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Fundamentals | Previously closed at | 83.83 |
Day’s high | 84.96 | |
Day’s low | 83.53 | |
P/E ratio | 19.65 | |
EPS | 4.27 |
Analysts opinion | There has been a definitive agreement that The Sherwin-Williams Company (SHW) will acquire the Valspar Corporation. SHW will pay $11.3 Billion, or $113 per share in an all-cash transaction. This has been approved by the boards of both the companies, an announcement by VAL said today. However, in case divestitures are required, the companies have agreed to a price of $105 in cash. |
Sentiments | Due to the news, VAL prices rose 27% pre-market. It may surge upto $113. Investors have bullish sentiments for the stock. |
Social Pulse | The stock has 18% lower social chatter than usual. |
HOT – Starwood Hotels & Resorts Worldwide, Inc. operates as a hotel and leisure company.
HOT – Starwood Hotels and Resorts Worldwide, Inc |
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Fundamentals | Previously closed at | 80.57 |
Day’s high | 80.57 | |
Day’s low | 79.70 | |
P/E ratio | 29.09 | |
EPS | 2.88 |
Analyst opinion | Starwood Hotels accepted a revised offer from Marriot after the bid was upped by Marriot. Now, Starwood shareholders will receive $21 in cash and 0.8 shares of Marriot International Per share of Starwood held |
Sentiments | Due to the news Starwood is expected to be bullish. |
Social Pulse | The stock has 18% lower social chatter than usual. |
Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/