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News Breaks | | | | October 26, 2012 | | 07:38 EDT |  | SHW, PPG | Sherwin-Williams and PPG settle FTC charges
The Sherwin-Williams Company (SHW) and PPG Architectural Finishes (PPG) have agreed to settle Federal Trade Commission charges that they misled consumers to believe that some of their paints are free of potentially harmful chemicals known as volatile organic compounds. The two companies agreed to settlements with the FTC requiring them to stop making the allegedly deceptive claim that their Dutch Boy Refresh and Pure Performance interior paints, respectively, contain “zero” volatile organic compounds. The proposed consent orders settling the FTC’s charges are the same for both Sherwin-Williams and PPG. They prohibit the companies from claiming that their paints contain “zero VOCs,” unless, after tinting, they have a VOC level of zero grams per liter, or the companies have competent and reliable scientific evidence that the paint contains no more than trace levels of VOCs. The proposed orders prohibit both Sherwin-Williams and PPG from providing anyone, including independent retailers or distributors, with the means of making any of the prohibited deceptive claims. | |
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News For SHW;PPG From The Last 14 Days Check below for free stories on SHW;PPG the last two weeks. |
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| May 24, 2013 | | 10:04 EDT |  | SHW | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: DDR Corp. (DDR) upgraded to Buy from Hold at Jefferies... Gordmans Stores (GMAN) upgraded to Overweight from Neutral at Piper Jaffray... Pandora (P) upgraded to Outperform from Sector Perform at RBC Capital... Procter & Gamble (PG) upgraded to Buy from Neutral at UBS... Sherwin-Williams (SHW) upgraded to Outperform from Neutral at RW Baird... Wendy's (WEN) upgraded to Buy from Neutral at Janney Capital... Whiting Petroleum (WLL) upgraded to Buy from Neutral at SunTrust... Alliance Data (ADS) upgraded to Outperform from Market Perform at William Blair. | | | 06:23 EDT | | SHW | Sherwin-Williams upgraded to Outperform from Neutral at RW Baird
Baird upgraded Sherwin-Williams following yesterday's analyst meeting citing increased conviction in normalized earnings growth driven by improving U.S. housing fundamentals, raw material costs, and the pending Comex acquisition. Price target raised to $205 from $180. | | | May 23, 2013 | | 09:31 EDT |  | PPG | PPG Industries management to meet with Deutsche Bank
 Subscribe for More Information | | | May 21, 2013 | | 07:28 EDT | | PPG | Goldman to host a conference
Subscribe for More Information | | | May 17, 2013 | | 09:30 EDT | | PPG | PPG says court issues opinion on Pittsburgh Corning reorganization
Subscribe for More Information | | | May 15, 2013 | | 17:46 EDT | | SHW | SAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), . | |
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