Behr Paint Company Reveals its 2025 Exterior Stain Color of the Year, "Cedar," Alongside Annual Curb Appeal Collection
The announcement comes as 71% of U.S. homeowners plan to update their home exterior with stain and 81% withpaint in 2025, according to a new study by Behr 1 SANTA ANA, Calif. , March 19, 2025 /PRNewswire/ -- Behr Paint Company has selected Cedar , a warm, earthy hue inspired by the natural tones of cedarwood, as its 2025 Exterior Stain Color of the Year.
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Behr Paint Company Reveals its 2025 Exterior Stain Colour of the Year, “Cedar,” Alongside Annual Curb Appeal Collection
The announcement comes as 76% of Canadian homeowners plan to tackle exterior home renovations in 2025, according to a new study by Behr1 TORONTO, March 19, 2025 (GLOBE NEWSWIRE) -- Behr Paint Company has selected Cedar , a warm, earthy hue inspired by the natural tones of cedarwood, as the 2025 Exterior Stain Colour of the Year. The launch comes as 66% of homeowners are choosing to update their home's exterior instead of selling this year, according to a new Behr study.
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Masco Corporation Announces CEO Succession Plan
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that its Board of Directors has appointed Jonathon Nudi as President and Chief Executive Officer, effective July 7, 2025. Nudi will succeed Keith Allman, who will retire as President and Chief Executive Officer and member of the Board of Directors at that time. “It has been an honor to serve as Masco's President and CEO over the past decade,” said Allman. “I am immensely thankful to our employees and proud of the wor.
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Masco Corporation to Present at Investor Conference
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that Rick Westenberg, Vice President, Chief Financial Officer, will present at the Raymond James 46th Annual Institutional Investors Conference in Orlando, Florida on Tuesday, March 4, 2025, at 7:30 a.m. ET. The presentation will be webcast live under the Investor Relations section of the Company's website at www.masco.com. A replay of the webcast will be available until May 27, 2025. Masco Corporation's press releas.
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17 Upcoming Dividend Increases, Including 3 Kings
This week's dividend increases feature three Dividend Kings: Archer-Daniels-Midland, Consolidated Edison, and Black Hills Corporation, with streaks of 50, 51, and 55 years, respectively. Consistently rising dividends indicate strong cash flow and financial stability, making such companies attractive long-term investments that often outperform benchmarks. My strategy focuses on stocks with consistent dividend growth and market outperformance, using data from U.S. Dividend Champions and NASDAQ.
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Here's Why Masco (MAS) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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Masco Corporation to Participate in Fireside Chat at Investor Conference
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that Rick Westenberg, Vice President, Chief Financial Officer, will participate in a live fireside chat at the Barclays 42nd Annual Industrial Select Conference in Miami, Florida on Thursday, February 20, 2025, at 10:25 a.m. ET. The presentation will be webcast live under the Investor Relations section of the Company's website at www.masco.com. A replay of the webcast will be available until May 15, 2025. Masco Corpo.
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Masco Q4 Earnings Beat, Sales Miss, Adjusted Operating Margin Up Y/Y
MAS' fourth-quarter 2024 results reflect favored bottom-line growth and top-line downtrend. Dive in to know more about the stock's performance.
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Masco Corporation (MAS) Q4 2024 Earnings Call Transcript
Masco Corporation (NYSE:MAS ) Q4 2024 Results Conference Call February 11, 2025 8:00 AM ET Company Participants Robin Zondervan - Vice President, Investor Relations, FP&A of Masco Corp Rick Westenberg - Vice President, Chief Financial Officer Keith Allman - President, Chief Executive Officer Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Anthony Pettinari - Citi Sam Reid - Wells Fargo Matthew Bouley - Barclays Trevor Allinson - Wolfe Research Susan Maklari - Goldman Sachs Adam Baumgarten - Zelman & Associates Operator Good morning, ladies and gentlemen. Welcome to the Masco Corporation 2024 Fourth Quarter and Full Year Conference Call.
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Masco (MAS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Masco (MAS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Masco (MAS) Q4 Earnings Top Estimates
Masco (MAS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.83 per share a year ago.
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Masco Corporation Reports Fourth Quarter and 2024 Year-End Results
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2024 results. 2024 Fourth Quarter Results On a reported basis, compared to the fourth quarter 2023: Net sales decreased 3 percent to $1,828 million; in local currency and excluding divestitures, net sales increased 1 percent Plumbing Products' net sales decreased 1 percent; in local currency net sale.
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Here's What Investors Must Know Ahead of Masco's Q4 Earnings
The fourth-quarter 2024 results of MAS are likely to reflect mixed contributions from two reportable segments. Dive in to know more about the stock ahead of earnings.
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Masco (MAS) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Evaluate the expected performance of Masco (MAS) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
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Masco (MAS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Masco (MAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Eros Resources, MAS Gold and Rockridge Resources Complete Previously Announced Three-Way Merger Transaction
Vancouver, BC, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Eros Resources Corp. (TSXV:ERC) (OTCQB:EROSF) (“Eros”), MAS Gold Corp. (TSXV: MAS) (“MAS Gold”) and Rockridge Resources Ltd. (TSXV: ROCK) (“Rockridge”) are pleased to announce that, further to their news release dated October 1, 2024, the companies have completed their three-way merger transaction (the “Transaction”) pursuant to the business combination agreement dated September 30, 2024 (the “Business Combination Agreement”), whereby Eros acquired all of the issued and outstanding shares of both Rockridge and MAS Gold that it did not already own by way of two plans of arrangement under the Business Corporations Act (British Columbia) (collectively, the “Arrangements”). The Transaction results in Rockridge and MAS Gold becoming wholly-owned subsidiaries of Eros. The completion of the Transaction marks a new era for the companies, combining the high-grade gold and copper assets of Rockridge and MAS Gold in Saskatchewan and Eros' portfolio of equities. The Transaction obtained requisite approval by the shareholders of each of the companies on January 6, 2025 and the Arrangements were approved by the Supreme Court of British Columbia on January 9, 2025.
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OC vs. MAS: Which Stock Is the Better Value Option?
Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Owens Corning (OC) and Masco (MAS). But which of these two companies is the best option for those looking for undervalued stocks?
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Shore Capital Partners Industrial Automation Insights: PE Perspective on 3 Headwinds & 3 Tailwinds Impacting Entrepreneurs, and 3 Trends Impacting Investor Outlook
CHICAGO--(BUSINESS WIRE)-- #industrial--Partner John Sznewajs shares his learnings from launching Shore Capital Industrial Partners Fund and beginning its buy-and-build strategy; John also lays out his view on the investor landscape. John's automation perspective is shaped as investor, operator, and customer. He coheads the Industrial team and recently formed Ondex Automation, a Shore-backed process and factory systems integrator. Prior to Shore, John spent over twenty years at Masco Corporation (NYSE: MAS),.
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Rockridge Resources Receive Final Orders Approving Proposed Plans of Arrangement with Eros Resources and MAS Gold
Vancouver, BC, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK ) (OTCQB: RRRLF ) (Frankfurt: RR0 ) (“Rockridge”) (the “Company”) is pleased to announce that Rockridge has obtained final orders of the Supreme Court of British Columbia approving the previously announced proposed statutory plans of arrangement under section 288 of the Business Corporations Act (British Columbia) (the “Arrangements”) pursuant to which Eros will acquire all of the issued and outstanding common shares of MAS Gold and Rockridge that it does not already own in exchange for common shares of Eros, as more particularly described in the Joint Management Information Circular of Eros, MAS Gold, and Rockridge dated November 26, 2024, and in accordance with the terms of the business combination agreement between Eros, MAS Gold, and Rockridge dated September 30, 2024 (the "Business Combination Agreement"), all pursuant to the previously announced three-way merger transaction (the “Transaction”). Copies of the Joint Management Information Circular and the Business Combination Agreement are available under each of the companies' profiles on SEDAR+ at www.sedarplus.ca.
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Masco downgraded to Hold from Buy at Jefferies
Jefferies analyst Philip Ng downgraded Masco to Hold from Buy with a price target of $89, down from $96. The firm says that in a low growth environment and likely softer first half of 2025 in residential, it is "picking our spots" and downgrading some building products names as part of a 2025 outlook. Jefferies' contacts are calling for flat to low single-digit volume growth in new residential and remove and replace, but there isn't a strong consensus if one end market will outperform, the analyst tells investors in a research note. The firm says its contacts believe mortgages rates need to be in the 5.5% to less than 6% range for demand to accelerate, but that Trump's policies are likely to be inflationary, so it expect rates to stay "higher for longer".
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Masco (MAS) Up 0.1% Since Last Earnings Report: Can It Continue?
Masco (MAS) reported earnings 30 days ago. What's next for the stock?
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Masco Q3 Earnings Match Estimates, Sales Beat, EPS View Lowered
MAS' third-quarter 2024 results benefit from operational improvements. Yet, challenged market demand ails the top line.
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Masco Corporation (MAS) Q3 2024 Earnings Call Transcript
Masco Corporation (NYSE:MAS ) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Keith Allman - President, Chief Executive Officer Rick Westenberg - Vice President, Chief Financial Officer Robin Zondervan - Vice President, Investor Relations, FP&A of Masco Corp Conference Call Participants Susan Maklari - Goldman Sachs Andrew Azzi - JPMorgan Aatish Shah - Evercore ISI Trevor Allinson - Wolfe Research Spencer Kaufman - UBS Matthew Bouley - Barclays Phil Ng - Jefferies Keith Hughes - Truist Garik Shmois - Loop Capital Operator Good morning ladies and gentlemen. Welcome to Masco Corporation's Third Quarter 2024 Conference Call.
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Masco (MAS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Masco (MAS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Masco (MAS) Meets Q3 Earnings Estimates
Masco (MAS) came out with quarterly earnings of $1.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1 per share a year ago.
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Masco Corporation Reports Third Quarter 2024 Results
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its third quarter 2024 results. 2024 Third Quarter Results On a reported basis, compared to third quarter 2023: Net sales were in line with prior year at $1,983 million; in local currency net sales increased 1 percent Plumbing Products' net sales increased 2 percent; in local currency and excluding acquisitions, net sales increased.
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Masco Gears Up to Report Q3 Earnings: Here's What You Should Know
MAS' third-quarter 2024 results are likely to reflect increased contributions from the Plumbing Products segment and benefits from cost-saving initiatives.
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Masco Stock Rises 27% in 3 Months: Join the Rally or Watch Carefully?
MAS operational efficiency, investment in new products and inorganic drive position it for long-term growth and investor returns.
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Why Masco (MAS) is a Top Growth Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
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URI or MAS: Which Is the Better Value Stock Right Now?
Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both United Rentals (URI) and Masco (MAS). But which of these two companies is the best option for those looking for undervalued stocks?
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Why Masco (MAS) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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Masco Corporation Announces Date for Earnings Release and Conference Call for 2024 Third Quarter
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that it will hold a conference call regarding 2024 third quarter results on Tuesday, October 29, 2024, at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten minutes prior to the scheduled start time by dialing 800-549-8228 or 646-564-2877. Please use the conference identification number 72522. The 202.
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Behr Paint Company Hosts First Student Design Competition
Design students encouraged to enter for a chance to win $3,000, plus $1,000 for their design school SANTA ANA, Calif. , Sept. 19, 2024 /PRNewswire/ -- Today, Behr Paint Company announces its first-ever BEHR® Student Design Competition in partnership with MattoBoard , a 3D virtual sampling platform for designers.
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Masco Corporation Announces Completion of Kichler Lighting Sale
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today the completion of the sale of Kichler Lighting to an affiliate of Kingswood Capital Management. Headquartered in Solon, Ohio, Kichler Lighting is a provider of decorative residential and light commercial lighting products, ceiling fans and LED lighting systems across both consumer and professional distribution channels. Kingswood Capital Management, a private investment firm based in Los Angeles, California, is the o.
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Kingswood Capital Management Announces Acquisition of Kichler Lighting and Merger with Progress Lighting to Establish a Leading Residential Lighting Platform
LOS ANGELES--(BUSINESS WIRE)--Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Kichler Lighting, LLC (“Kichler”) from Masco Corporation (NYSE: MAS). Kingswood will merge Kichler with its portfolio company, Progress Lighting, LLC (“Progress”) to create one of North America's leading residential lighting platforms featuring complementary, industry-recognized brands. The combined company will benefit from expanded distribution and se.
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Masco's Kichler Lighting Sale Unlocks Value: Stock to Gain?
MAS' divestiture of Kichler Lighting focuses on core strengths, boosting the stock's potential.
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Masco Corporation Enters Into a Definitive Agreement to Sell Kichler Lighting
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that it has signed a definitive agreement to sell its Kichler Lighting business to an affiliate of Kingswood Capital Management for a purchase price of approximately $125 million, subject to customary adjustments. Headquartered in Solon, Ohio, Kichler Lighting is a provider of decorative residential and light commercial lighting products, ceiling fans and LED lighting systems across both consumer and professional dis.
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Behr Paint Company Announces 2025 Colour of the Year, “Rumors,” a Deep Ruby Red That Makes a Statement in Every Space
New data shows choosing a red paint colour is on the rise amongst Canadians–where nostalgic flair meets undeniable elegance New data shows choosing a red paint colour is on the rise amongst Canadians–where nostalgic flair meets undeniable elegance
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Behr Paint Company Announces 2025 Color of the Year, "Rumors," a Deep Ruby Red That Makes a Statement in Every Space
New data shows choosing a red paint color is on the rise amongst Americans–where nostalgic flair meets undeniable elegance SANTA ANA, Calif. , Aug. 21, 2024 /PRNewswire/ -- Today, Behr Paint Company announces its highly anticipated 2025 Color of the Year: Rumors, a deep and dynamic ruby red that empowers DIYers, designers and paint professionals to create impactful color moments.
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Masco (MAS) is a Top-Ranked Growth Stock: Should You Buy?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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Masco (MAS) Beats Q2 Earnings Estimates, Narrows EPS Outlook
Masco's (MAS) second-quarter 2024 results benefit from operational improvements.
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Masco (MAS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Masco (MAS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Masco (MAS) Surpasses Q2 Earnings Estimates
Masco (MAS) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.19 per share a year ago.
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Masco Corporation Reports Second Quarter 2024 Results
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its second quarter 2024 results. 2024 Second Quarter Results On a reported basis, compared to second quarter 2023: Net sales decreased 2 percent to $2,091 million; in local currency and excluding acquisitions, net sales decreased 2 percent Plumbing Products' net sales increased 2 percent; in local currency and excluding acquisitions.
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Masco (MAS) to Report Q2 Earnings: Here's What to Expect
Masco's (MAS) second-quarter results are likely to reflect inflationary pressure and demand softness.
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Ardian buys majority stake in engineering group Masco
French investment firm Ardian has bought a majority stake in Italian pharmaceutical and biotech company Masco, the firms said on Monday, in a deal which two sources said gave an enterprise value of around 700 million euros ($762 million) for the stake.
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Masco: Growth Acceleration Can Drive Medium-Term Upside
Masco Corporation stock has performed well since my previous bullish article, gaining over 30%. Expectations for revenue recovery are low going into Q2 earnings, but stabilizing demand trends are expected. The company is gaining market share, benefiting from strength in PRO paints channel and secular demand trends in repair and remodeling sectors.
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Masco: An Interesting Picture Has Been Painted
Shares of Masco Corporation have largely followed the market higher since I last rated the firm a 'hold' in October 2022. This is in spite of a decline in revenue and due in part to a rise in profits and cash flows. The picture for the business is improving, but it's not ready for an upgrade, even as earnings near.
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Analysts Estimate Masco (MAS) to Report a Decline in Earnings: What to Look Out for
Masco (MAS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Masco Lost 16% in 3 Months: Should You Buy MAS Stock on the Dip?
Masco Corporation MAS shares have lost 15.8%% in the past three months compared with the Zacks Building Products – Miscellaneous industry's 10.9% decline and the broader Zacks Construction sector's 9.3% dip. It has also lagged the S&P 500's rise of 6.6%.
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'Democracy must be respected': Bolivian leader replaces military chiefs over coup attempt
Bolivian President Luis Arce replaced top military leaders on Wednesday in response to an attempted coup d'état in which troops took over Plaza Murillo in La Paz and rammed an armored vehicle into the doors of the presidential palace so soldiers could storm the building."We denounce irregular mobilizations of some units of the Bolivian army," Arce, a member of the Movement for Socialism (MAS) party, said on social media. "Democracy must be respected."As The Associated Press reported:In a video o...
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Masco Corporation Announces Date for Earnings Release and Conference Call for 2024 Second Quarter
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that it will hold a conference call regarding 2024 second quarter results on Thursday, July 25, 2024, at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten minutes prior to the scheduled start time by dialing 800-549-8228 or 646-564-2877. Please use the conference identification number 45864. The 2024.
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Masco Corporation Recommends Shareholders Reject the Below-Market Mini-Tender Offer by TRC Capital Investment Corporation
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada to purchase up to 2 million outstanding shares of Masco common stock at a price of $64.00 per share in cash. TRC Capital Investment's offer price of $64.00 per share is approximately 4.68 percent lower than the $67.14 closing share price of Masco's common stock on June 10, 2024, the last trading da.
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Behr Announces First-Ever Commercial Color Forecast
The collection offers a visionary palette of 50 colors for commercial spaces of the future. SANTA ANA, Calif.
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The 4 Factor Dividend Growth Strategy - Cooling Off In The Second Half Of Fiscal Year 2
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio gained 1.28% in May, trailing the S&P 500 by 3.68%. Since its inception, the portfolio has generated 0.11% of alpha over the S&P 500 and 16.15% of alpha over SCHD on an annualized basis.
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Why Is Masco (MAS) Down 1.6% Since Last Earnings Report?
Masco (MAS) reported earnings 30 days ago. What's next for the stock?
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Vanguard Personalized Indexing Management LLC Buys 1,372 Shares of Masco Co. (NYSE:MAS)
Vanguard Personalized Indexing Management LLC lifted its position in Masco Co. (NYSE:MAS – Free Report) by 9.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,819 shares of the construction company’s stock after buying an additional 1,372 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Masco were worth $1,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors also recently modified their holdings of MAS. Vanguard Group Inc. grew its position in Masco by 1.2% during the third quarter. Vanguard Group Inc. now owns 25,787,414 shares of the construction company’s stock valued at $1,378,337,000 after buying an additional 298,116 shares during the period. Boston Partners grew its holdings in Masco by 1.8% during the fourth quarter. Boston Partners now owns 9,180,364 shares of the construction company’s stock valued at $615,282,000 after purchasing an additional 159,052 shares during the period. Van ECK Associates Corp increased its position in Masco by 4.8% in the fourth quarter. Van ECK Associates Corp now owns 5,574,976 shares of the construction company’s stock worth $373,411,000 after buying an additional 254,040 shares in the last quarter. Northern Trust Corp raised its stake in shares of Masco by 3.8% in the third quarter. Northern Trust Corp now owns 3,934,986 shares of the construction company’s stock worth $210,325,000 after buying an additional 145,472 shares during the period. Finally, AustralianSuper Pty Ltd lifted its position in shares of Masco by 1.8% during the 4th quarter. AustralianSuper Pty Ltd now owns 3,333,651 shares of the construction company’s stock valued at $223,288,000 after buying an additional 57,395 shares in the last quarter. Institutional investors own 93.91% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts have commented on the stock. Loop Capital decreased their target price on shares of Masco from $79.00 to $76.00 and set a “hold” rating on the stock in a research note on Thursday, April 25th. Royal Bank of Canada increased their price target on Masco from $79.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, April 25th. StockNews.com lowered Masco from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. Citigroup lifted their target price on Masco from $74.00 to $79.00 and gave the company a “neutral” rating in a research note on Friday, April 5th. Finally, Evercore ISI cut their price objective on shares of Masco from $75.00 to $74.00 and set an “in-line” rating for the company in a report on Thursday, April 25th. Seven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Masco currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.15. Get Our Latest Stock Report on MAS Insider Activity In related news, VP Kenneth G. Cole sold 36,210 shares of Masco stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $74.65, for a total transaction of $2,703,076.50. Following the completion of the transaction, the vice president now directly owns 58,885 shares of the company’s stock, valued at approximately $4,395,765.25. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Masco news, VP Richard Allan Marshall sold 5,000 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $77.05, for a total value of $385,250.00. Following the transaction, the vice president now owns 10,465 shares of the company’s stock, valued at approximately $806,328.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Kenneth G. Cole sold 36,210 shares of Masco stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $74.65, for a total value of $2,703,076.50. Following the sale, the vice president now owns 58,885 shares of the company’s stock, valued at $4,395,765.25. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 83,762 shares of company stock valued at $6,337,597. 1.10% of the stock is currently owned by company insiders. Masco Stock Down 0.3 % Shares of NYSE:MAS opened at $70.16 on Monday. The company has a 50-day moving average price of $73.53 and a 200 day moving average price of $69.12. The company has a current ratio of 1.74, a quick ratio of 1.09 and a debt-to-equity ratio of 18.76. Masco Co. has a 12 month low of $47.66 and a 12 month high of $78.94. The company has a market cap of $15.45 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 1.84 and a beta of 1.28. Masco (NYSE:MAS – Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The construction company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.06. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.94 billion. Masco had a return on equity of 865.37% and a net margin of 11.60%. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period last year, the company earned $0.87 EPS. As a group, equities research analysts predict that Masco Co. will post 4.11 earnings per share for the current year. Masco Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 24th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Thursday, May 23rd. Masco’s dividend payout ratio (DPR) is 28.43%. About Masco (Free Report) Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.
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Masco Corporation Declares Quarterly Dividend
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced that its Board of Directors declared a quarterly dividend of $0.29 per common share, payable on June 10, 2024, to shareholders of record on May 24, 2024. Headquartered in Livonia, Michigan, Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes Behr® paint; Delta® and hansgrohe® faucets, bath and s.
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The 4 Factor Dividend Growth Strategy - Minor Turbulence In April
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists.
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Motor City Moves: 3 Ways to Profit from Detroit's Comeback
Detroit's comeback is nothing short of a miracle. As a city, it was dead and buried as recently as 2013, when it declared bankruptcy with more than $18 billion in debt.
investorplace.com
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Masco (MAS) Q1 Earnings Beat Estimates, Margins Rise Y/Y
Masco's (MAS) first-quarter 2024 results benefit from operational improvements amid low volumes.
zacks.com
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Masco (MAS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Masco (MAS) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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Masco Corporation (MAS) Q1 2024 Earnings Call Transcript
Masco Corporation (NYSE:MAS ) Q1 2024 Earnings Conference Call April 24, 2024 8:00 AM ET Company Participants Robin Zondervan - Vice President, Chief Accounting Officer & Investor Relations/FP&A Keith Allman - President & Chief Executive Officer Rick Westenberg - Vice President & Chief Financial Officer Conference Call Participants Anthony Pettinari - Citi John Lovallo - UBS Matthew Bouley - Barclays Mike Dahl - RBC Capital Markets Susan Maklari - Goldman Sachs Adam Baumgarten - Zelman Philip Ng - Jefferies Garik Shmois - Loop Capital Keith Hughes - Truist Sam Reid - Wells Fargo Stephen Kim - Evercore ISI Eric Bosshard - Cleveland Research Rafe Jadrosich - Bank of America Operator Good morning ladies and gentlemen. Welcome to Masco Corporation's First Quarter 2024 Conference Call.
seekingalpha.com
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Masco Corporation Reports First Quarter 2024 Results
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its first quarter 2024 results. 2024 First Quarter Results On a reported basis, compared to first quarter 2023: Net sales decreased 3 percent to $1,926 million; in local currency and excluding acquisitions, net sales decreased 4 percent Plumbing Products' net sales decreased 2 percent; in local currency and excluding acquisitions, n.
businesswire.com
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What's in the Cards for Masco (MAS) This Earnings Season?
Inflationary pressure and demand softness are likely to get reflected in Masco's (MAS) first-quarter performance.
zacks.com
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Insights Into Masco (MAS) Q1: Wall Street Projections for Key Metrics
Evaluate the expected performance of Masco (MAS) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
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Here's Why Masco (MAS) is a Strong Growth Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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Behr Paint Company Announces 2024 Exterior Stain Color of the Year, "Tugboat," Part of its New Curb Appeal Collection
The brownish gray wood stain anchors the new collection of expertly curated exterior paint and stain colors. SANTA ANA, Calif.
prnewswire.com
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GSR Obtains Major Payment Institution Licence from Monetary Authority of Singapore
SINGAPORE–(BUSINESS WIRE)–#OTC—GSR, the global cryptocurrency trading firm and liquidity provider, today announced that its Singapore subsidiary, GSR Markets Pte. Ltd. (GSR Singapore) has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). This milestone follows GSR receiving the in-principle approval for a MPI licence from MAS in September 2023. This … The post GSR Obtains Major Payment Institution Licence from Monetary Authority of Singapore appea...
headlinesoftoday.com
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Masco (MAS) Surges 48% in Six Months: More Room to Run?
Masco (MAS) is poised to benefit from its strong pricing actions, operational efficiency and strategic expansion initiatives, securing a path for sustained growth.
zacks.com
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Masco Corporation Announces Date for Earnings Release and Conference Call for 2024 First Quarter
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that it will hold a conference call regarding 2024 first quarter results on Wednesday, April 24, 2024 at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten minutes prior to the scheduled start time by dialing 888-259-6580 or 206-962-3782. Please use the conference identification number 73983883. The 2.
businesswire.com
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Masco Corporation (MAS) Hit a 52 Week High, Can the Run Continue?
Masco (MAS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
zacks.com
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Masco Corporation Supports American Red Cross Disaster Relief Efforts with $250,000 Donation
LIVONIA, Mich.--(BUSINESS WIRE)--The American Red Cross recognizes Masco Corporation, headquartered in Livonia, MI, for its pledge of $250,000 to the Disaster Responder Program. By making a proactive donation to Red Cross Disaster Relief, Masco helps ensure the organization is prepared to meet the needs of people affected by disasters big and small across the U.S. The Red Cross responds to more than 60,000 disasters across the country every year — mobilizing a team every eight minutes — providi.
businesswire.com
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U.S. Housing Starts & Permits Surge in February: 5 Top Picks
Housing starts & building permits increase in February, defying rates and labor shortage.
zacks.com
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4 Factor Dividend Growth Portfolio - Firing On All Cylinders
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio returned 6.99% in February, outperforming the S&P 500 by 1.65%.
seekingalpha.com
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Masco (MAS) Is Up 2.43% in One Week: What You Should Know
Does Masco (MAS) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
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5 Stocks to Buy From a Booming Building Products Industry
A focus on operational efficiencies, higher government spending and improved residential market raise hopes for MAS, BLD, WMS, KNF and ACA.
zacks.com
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Masco Corporation (MAS) Hits Fresh High: Is There Still Room to Run?
Masco (MAS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
zacks.com
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Masco Corporation to Participate in Live Webcast of Presentation at Investor Conference
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS) announced today that Rick Westenberg, Vice President, Chief Financial Officer, will participate in a live presentation at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida on Monday, March 4, at 7:30 a.m. ET. The presentation will be webcast live under the Investor Relations section of the Company's website at www.masco.com. A replay of the webcast will be available until June 3, 2024. Masco Corpor.
businesswire.com
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12 Upcoming Dividend Increases
Twelve new dividend increases this week, with an average and median increase of about 7.5%, showing the wealth-creating ability of dividend growth companies. Companies that regularly raise their dividends perform significantly better than those that do not, making them attractive for investors.
seekingalpha.com
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3 Cheap Dividends Primed To Surge When Rates Drop
Look, we're going to get a slowdown here in America this year—two years' worth of rate hikes are going to hit home. Fact.
forbes.com
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HDELY vs. MAS: Which Stock Is the Better Value Option?
Investors interested in Building Products - Miscellaneous stocks are likely familiar with Heidelberg Materials AG Unsponsored ADR (HDELY) and Masco (MAS). But which of these two stocks is more attractive to value investors?
zacks.com
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Masco (MAS) Q4 Earnings & Sales Beat Estimates, Shares Rise
Masco's (MAS) fourth-quarter 2023 results benefit from strong pricing actions and operational improvements amid low volumes.
zacks.com
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Here's What Key Metrics Tell Us About Masco (MAS) Q4 Earnings
Although the revenue and EPS for Masco (MAS) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
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Masco Corporation Reports Fourth Quarter and 2023 Year-End Results
LIVONIA, Mich.--(BUSINESS WIRE)--Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2023 results. 2023 Fourth Quarter Results On a reported basis, compared to fourth quarter 2022: Net sales decreased 2 percent to $1,882 million; in local currency and excluding acquisitions, net sales decreased 4 percent In local currency, North American and international sales each decreased 3 perce.
businesswire.com
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4 Factor Dividend Growth Portfolio - Holding Steady
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF, with a few minor twists. The portfolio returned -2.01% in January, underperforming the S&P 500 by 3.69%.
seekingalpha.com
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