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Stock Market & Financial Investment News

News Breaks
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.”
News For PPG From The Last 14 Days
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October 20, 2014
07:11 EDTPPGPPG Industries upgraded to Buy from Neutral at SunTrust
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05:41 EDTPPGPPG Industries expands sealants capabilities at ASC in Germany
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October 16, 2014
14:59 EDTPPGPPG Industries says anticipating normal seasonal trends for Q4
Says Q4 is typically the company's slowest. Says recent drop in oil prices not an immediate benefit. Says seeing modest raw material increases. Says not envisioning any re-pricing of pending Comex acquisition due to recent stock market drop. Says will continue share buybacks in Q4 at a "higher level." Says expects to raise buybacks if deals less than expected. Says deadline for Mexico Comex decision is mid-December. Comments from company's Q3 earnings conference call.
08:13 EDTPPGPPG Industries still sees closing Comex deal in Q4
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08:12 EDTPPGPPG Industries reports Q3 adjusted EPS $2.82, consensus $2.75
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October 15, 2014
15:28 EDTPPGNotable companies reporting before tomorrow's open
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October 13, 2014
09:08 EDTPPGMexico's FECC says extending review timeline for PPG's Comex acquisition
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October 9, 2014
10:00 EDTPPGOn The Fly: Analyst Initiation Summary
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October 8, 2014
16:29 EDTPPGU.S. Chemicals sector initiated with an Overweight at RBC Capital
RBC Capital started the U.S. Chemicals sector with an Overweight rating citing the growth of shale gas. The firm lists ethylene stocks LyondellBasell (LYB), Westlake Chemical (WLK) and Dow Chemical (DOW) its top picks in the space. RBC views coatings stocks as good ways to play the pending recovery in construction, and has Outperform ratings on Sherwin-Williams (SHW) and PPG Industries (PPG). RBC put its only Underperform rating in the sector on Axiall (AXLL), citing the company's short ethylene position and leverage to single-family housing.
16:19 EDTPPGPPG Industries initiated with an Outperform at RBC Capital
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