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Stock Market & Financial Investment News

News Breaks
February 1, 2013
04:58 EDTAXLL, PPGPPG announces final proration factor of 14.99% for shares in exchange offer
PPG Industries (PPG) announced the final proration factor of 14.99% for its exchange offer of PPG common stock in connection with the separation of PPG's commodity chemicals business and merger of Eagle Spinco, the entity holding PPG's former commodity chemicals business, with a subsidiary of Georgia Gulf Corporation. On Jan. 28, 2013, a subsidiary of Georgia Gulf Corporation merged with and into Eagle Spinco, with Eagle Spinco surviving the merger. The combined company formed by uniting Georgia Gulf with PPG's former commodity chemicals business is now named Axiall Corporation (AXLL). A total of 68.93M shares of PPG common stock were validly tendered in the exchange offer. All remaining validly tendered shares of PPG common stock were accepted in the exchange on a pro rata basis using the final proration factor. Shares of PPG common stock that were validly tendered but not accepted for exchange will be returned to tendering shareholders.
News For PPG;AXLL From The Last 14 Days
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July 16, 2015
15:58 EDTPPGHome improvement stocks slide after Sherwin-Williams cuts view
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09:20 EDTPPGPPG Industries names Michael McGarry as president and CEO, effective Sept. 1
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06:54 EDTPPGPPG Industries reports Q2 Performance Coatings sales up 3% to $2.41B
Reports Q2 Industrial Coatings sales down 3% to $1.41B. Reports Q2 Glass sales down 3% to $279M.
06:54 EDTPPGPPG Industries sees global economic growth to continue but remain uneven.
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06:53 EDTPPGPPG Industries on track with earnings accretive cash development targets
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06:52 EDTPPGPPG Industries reports unfavorable ForEx reduced Q2 sales by 7%, or $320M
06:51 EDTPPGPPG Industries reports Q2 adjusted EPS $1.67, consensus $1.64
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July 15, 2015
14:53 EDTPPGNotable companies reporting before tomorrow's open
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