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Stock Market & Financial Investment News

News Breaks
February 28, 2013
09:58 EDTPPG, RPM, SHWCredit Suisse to host a field trip
Industrials Field Trip travels throughout Cleveland and Pittsburgh on February 28-March 1.
News For PPG;RPM;SHW From The Last 14 Days
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July 28, 2014
11:04 EDTRPMRPM says raw materials 'relatively stable'
10:26 EDTRPMRPM says 'fully cooperating' with SEC
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07:48 EDTRPMRPM agrees in principle to resolve asbestos personal injury claims
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07:37 EDTRPMRPM sees FY15 EPS $2.38-$2.42, consensus $2.40
Sees FY15 revenue growth of 6%-8%, consensus $4.58B; Sees FY15 consumer segment sales growth of 5%-7%; Sees FY15 industrial segment sales growth of 6%-8%. The company said, "This expectation is predicated on continued growth within our consumer segment, as a result of continuation of trends from fiscal 2014: ongoing recovery in the North American housing market, market share gains and market acceptance of new products at higher price points than our traditional consumer product lines. In the industrial segment, we expect momentum in our European businesses to continue at a more moderate pace, with a return to growth at the Tremco roofing division, along with slow growth in businesses serving the North American commercial construction markets."
07:35 EDTRPMRPM notified that SEC investigating company on timing of GSA accrual
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07:33 EDTRPMRPM reports Q4 Industrial segment sales pu 8.5% to $769.2M
Reports Q4 Industrial segment organic sales up 8.2%; Reports Q4 RPM's consumer segment up 10% to $507.5M, with organic sales up 9%
07:32 EDTRPMRPM reports Q4 EPS 80c, consensus 78c
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July 18, 2014
10:54 EDTSHWSherwin-Williams downgraded to Hold from Buy at Zelman
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09:02 EDTPPGPPG Industries to sell Mt. Zion float glass manufacturing facility
PPG Industries announced that it has reached a definitive agreement to sell substantially all the assets of its Mt. Zion, Illinois, glass manufacturing facility to automotive glass manufacturer Fuyao Glass America Inc. The sale is expected to close in the third quarter 2014, subject to customary closing conditions. Financial terms were not disclosed. The sale of the Mt. Zion facility is consistent with the strategic initiative by PPG’s flat glass business to focus on its higher-technology, coated glass capabilities for residential and commercial construction application.
July 17, 2014
11:41 EDTPPGPPG Industries names Michael McGarry as COO, effective August 1
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08:14 EDTPPGPPG remains 'highly focused' on deploying 'strong' cash position
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08:13 EDTPPGPPG reports Q2 adjusted EPS from cont. ops $2.83, consensus $2.77
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07:05 EDTSHWSherwin-Williams reports Q2 Paint Stores Group sales up 17.2% to $1.88B
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07:04 EDTSHWSherwin-Williams raises FY14 EPS to $8.50-$8.70, consensus $8.49
Sees FY14 net sales growth 8%-13%, consensus $11.13B; This annual guidance includes our expectation that the Comex acquisition will increase net sales by a low single digit percentage in the year and negatively impact diluted net income per common share $.35 per share in 2014.
07:03 EDTSHWSherwin-Williams sees Q3 EPS $3.15-$3.25, consensus $3.06
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07:03 EDTSHWSherwin-Williams reports Q2 EPS $2.94, consensus $2.93
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July 14, 2014
14:43 EDTSHWSherwin-Williams downgraded earlier to Peer Perform from Outperform at Wolfe
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