- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Sherwin-Williams Company (NYSE:SHW): Sherwin-Williams (NYSE:SHW) is climbing, after the company raised its Q1 EPS guidance to 92c-95c, from 56c-74c. Analysts’ consensus estimate was 72c. The paint maker said that it’s benefiting from strong sales by its Paint Stores Group. Net sales in the Paint Stores Group increased approximately 20% in Q1, due primarily to improving domestic architectural paint sales volume across all end market segments and price increases, Sherwin-Williams reported. In early trading, Sherwin-Williams rose $1.44, or 1.30%, to $112.21. Shares of Sherwin-Williams Company are trading 1.01% higher today.
Carrollton Bancorp (NASDAQ:CRRB): Jefferson Bancorp and Carrollton Bancorp announced the execution of a definitive agreement for merger of Jefferson Bancorp, Inc and Carrollton Bancorp. The subsidiary banks, Bay Bank, FSB and Carrollton Bank will also merge, with Bay Bank, FSB being the surviving entity. The transaction is currently valued at approximately $25M in stock and cash, representing $15.4M in consideration to Carrollton shareholders and repayment of $9.1M in TARP funding to the US Treasury. The transaction will combine the strengths of the two organizations in the Maryland market with a combined 12 bank branches in the Baltimore/Washington market. Carrollton will be the surviving holding company in the merger and the transaction is structured as a tax-free reorganization. Shares of Carrollton Bancorp are trading 23.46% higher today.
Centene Corp (NYSE:CNC): Ohio state officials have selected Aetna Better Health of Ohio (NYSE:AET), United Healthcare Community Plan of Ohio (NYSE:UNH), Meridian Health Plan, Paramount Advantage and CareSource for new state Medicaid contracts, the Associated Press reports. The companies will provide health-care services for over 1.5M poor and disabled people. Shares of Centene Corp are trading 12.07% lower today.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.