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Stock Market & Financial Investment News

News Breaks
December 20, 2012
09:16 EDTPPG, AKZOYPPG Industries price target raised to $154 from $133 at Susquehanna
Susquehanna raised its price target on PPG Industries (PPG) to reflect the acquisition of Akzo N.A. (AKZOY) architectural coatings business and the significant return of cash to shareholders after its exit of the chlor-alkali business in 2013. Shares are Positive rated.
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April 21, 2014
07:35 EDTPPGPPG Industries price target raised to $228 from $215 at Jefferies
Jefferies raised its price target for PPG Industries shares to $228 following the company's Q1 results. The firm believes the risk/reward on shares remains favorable and it keeps a Buy rating on the stock.
April 17, 2014
14:14 EDTPPGPPG Industries continues to evaluate potential acquisitions
PPG Industries held its annual meeting of shareholders in Pittsburgh, where Chairman and CEO Charles E. Bunch spoke about the company’s recent strategic progress and record financial performance. Looking ahead, Bunch said, “Our focus this year remains on growing the company. To help drive growth in each of our businesses and regions, we are continuing to evaluate potential acquisitions; expanding our organic capital spending; emphasizing our new product development pipeline; investing more in PPG’s brands; and continuing to expand our sustainability initiatives across the world.”
09:59 EDTAKZOYOn The Fly: Analyst Upgrade Summary
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09:15 EDTPPGPPG Industries board authorizes $2B share repurchase program
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08:53 EDTPPGPPG Industries increases dividend to 67c from 61c
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08:11 EDTPPGPPG Industries reports Q1 adjusted EPS $1.98, consensus $1.87
Reports Q1 revenue $3.6B, consensus $3.63B.
05:15 EDTAKZOYAkzoNobel upgraded to Neutral from Reduce at Nomura
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