Sherwin-Williams
Coverage of Sherwin-Williams in the Nexus archive.
- Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
The Nasdaq Composite dropped over 4% by midday before recovering to close down 1%, driven by a sell-off in tech stocks like Marvell, MSTR, and the 'Parabolic 7' chipmakers. Investors rotated into consumer staples such as Smucker, Home Depot, and Sherwin-Williams, signaling a shift away from AI-linked tech trades amid anticipation of SpaceX's IPO and upcoming inflation data.
- Nippon Paint, Sherwin-Williams End Effort to Buy Akzo Nobel
Nippon Paint and Sherwin-Williams have terminated their attempt to acquire Akzo Nobel. The article also mentions Dulux paint.
- Dulux owner AkzoNobel rejects €13bn attempt to gatecrash merger
AkzoNobel, owner of Dulux, rejected a €13 billion bid from Nippon Paint and Sherwin-Williams attempting to disrupt its merger with Axalta. The news caused share prices to rise as the companies tried to force their way into the deal.
- Sherwin-Williams Sales Jump Most Since 2023 on Forex Tailwinds
Sherwin-Williams reported its largest sales increase since 2023, driven by foreign exchange tailwinds. The company's performance highlights the impact of currency fluctuations on its financial results.