Fly News Breaks for March 11, 2019
VMC, SUM, OC, MAS, MLM, EXP
Mar 11, 2019 | 08:29 EDT
Jefferies analyst Steven DeSanctis upgraded the Materials sector to Market Weight from Underweight citing early signs of "green shoots" in China, a turn in the inventory cycle, and housing data that "does not look as bad as the stocks reflected in 2018." The analyst says Jefferies likes industries associated with housing and would be selective in Metals & Mining. The firm is Overweight Technology, Discretionary, Industrials and Energy.
News For EXP;MLM;MAS;OC;SUM;VMC From the Last 2 Days
OC
Apr 24, 2024 | 06:23 EDT
Sees Q2 EBIT margin 20%. Sees FY24 effective tax rate 24%-26%.
OC
Apr 24, 2024 | 06:12 EDT
Sees FY24 interest expense $70M-$80M; effective tax rate on adjusted earnings 24%-26%; capital additions $550M; and depreciation and amortization $550M.