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Construction Equipment Rental Market to Gain Traction from Flourishing Agriculture and Mining Sector: Fact MR
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Valvoline Declares Quarterly Dividend
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LEXINGTON, Ky., April 22, 2021 /PRNewswire/ Valvoline Inc. (NYSE: VVV) today announced that its board of directors declared a quarterly cash dividend of $0.125 per share of Valvoline common stock. The dividend is payable on June 15, 2021, to shareholders of record as of the close of business on May 28, 2021.
About Valvoline™
Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. Established in 1866, the Company s heritage spans more than 150 years, during which time it has developed powerful brand recognition across multiple product and service channels. Valvoline ranks as the No. 3 passenger car motor oil brand in the DIY market by volume. It operates and franchises more than 1,500 quick-lube locations, and it is the No. 2 chain by number of stores in the United States under the Valvoli
Valvoline Declares Quarterly Dividend
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FactMR: Rising Passenger Vehicle Sales Driving Automotive Lubricants Demand: Fact.MR Study
Around 40% of total automotive lubricants sales are concentrated in Asia.
NEW YORK, NY / ACCESSWIRE / April 21, 2021 / Fact.MR: A report by Fact.MR on global automotive lubricants market projects a steady growth through 2021 and beyond. Rising sales of passenger and heavy duty vehicles have increased the usage of automotive lubricants. High-performance automotive lubricants offer better hydrophilic properties. Properties such as high-level thermal stability and low freezing point are essential for improve the engine performance. These automotive lubricants applications are accelerating the demand in the market.
Market players are focusing on adopting bio-based automotive lubricants due to the strict regulations imposed by government. Furthermore, to meet the government guidelines and norms, they are developing eco-friendly automotive lubricants. Also, leading players such as Castrol limited,
Priti Ramgarhia- April 20, 2021, 10:35 AM EDT SHARE ON:
The volatility in the market remains elevated as the pace of economic recovery remains uncertain. Amid the uncertainty, TipRanks brings you the latest analyst action on some of your favorite stocks to help you navigate the volatility with ease. Let’s look into the top bullish and bearish calls of the day and see what top analysts are recommending.
Upgrades
Wells Fargo analyst Timur Braziler upgraded Western Alliance (
WAL) to Buy from Hold and increased the price target to $120 from $100. Following management’s guidance during the 1Q conference call, Braziler decided to “no longer sit on the sidelines” and wait for a better entry point. According to the analyst, despite the uncertain operating environment, Western Alliance has exhibited its ability to outperform its industry peers. Furthermore, given the current 3x TBV valuation, though the upside has been squeezed, the analys
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