All Posts Tagged With: "PPG"

(GDP) Chemical Industry Stock Outlook – May 2013 – Industry Outlook

A tough economic backdrop in Europe, uncertainties surrounding the U.S. fiscal cliff, manufacturing slowdown, sluggish activity in China and weakness across some key end-markets weighed on the companies in the chemical space in 2012. The combined effect of these issues led to depressed demand for...

5May2013 | | Comments Off | Continued

(PPG) PPG Industries’ First Quarter Earnings Beat – Profit Skyrockets

Coatings giant PPG Industries Inc (PPG) beat earnings expectations in the first quarter of 2013 buoyed by continued momentum across automotive OEM and aerospace markets. Strength across North America and Asia was somewhat masked by...

3May2013 | | Comments Off | Continued

(MOS) Warren Buffett Screen for Stocks – 30 Buffett Stocks and the latest Miracle Stock Picking System

In focus this week; a Buffett screen for stocks, the new miracle stock picking system and this week’s Slap in the Face Award. Rueters’ John Kozey recently ran a stock screen that was designed to mimic the criteria Warren Buffet is known to use when selecting stocks. The 30 stocks...

9Mar2013 | | Comments Off | Continued

(PPG) PPG Industries’ Fourth Quarter Meets Earnings Forecasts

Coatings giant PPG Industries Inc (PPG) met earnings expectations in the fourth quarter of 2012 while continued momentum across automotive OEM and aerospace markets helped it to post better-than-expected sales in the quarter. The...

16Jan2013 | | Comments Off | Continued

(PPG) PPG Industries Starts Share Exchange Offer

PPG Industries Inc. (PPG) announced that it has started the share exchange program, which is a part of the deal to split off its Commodity Chemicals business. The split off is related to the separation and merger of Eagle Spinco Inc.,...

1Jan2013 | | Comments Off | Continued

(GDP) Chemical Industry Stock Outlook – Dec 2012 – Zacks Analyst Interviews

The September quarter essentially mirrored the conditions witnessed in the first two quarters of the year. A feeble economic recovery in the U.S. and persistent recessionary conditions in Europe continue to lead to depleted demand for chemical products. Growth continues to struggle due to weaknesses...

24Dec2012 | | Comments Off | Continued

(XLB) Stock Market News for November 30, 2012 – Market News

Benchmarks finished in the green propelled by a slew of positive economic reports. GDP expanded more than initially expected, initial claims dropped and pending home sales surged in October. Meanwhile, House Speaker John Boehner’s discouraging comments about the fiscal cliff had erased the initial...

3Dec2012 | | Comments Off | Continued

(XLB) Stock Market News for November 5, 2012 – Market News

Better-than-expected payrolls data failed to save benchmarks from ending in the red on Friday as investors remained apprehensive ahead of the U.S. presidential election. The blue-chip index fell as much as 139 points as companies started to estimate the losses incurred by Hurricane Sandy. All 10 industry...

15Nov2012 | | Comments Off | Continued

(DD) Stock Market News for October 24, 2012 – Market News

Benchmarks suffered heavy losses on Tuesday following weak quarterly results from DuPont and United Technologies. Meanwhile, the Dow suffered its biggest decline since June 21. Also, more blue-chip companies slashed their forecasts for the rest of this year. The energy and material sectors were the...

4Nov2012 | | Comments Off | Continued

(XHB) Stock Market News for October 3, 2012 – Market News

Benchmarks ended mixed yesterday after a favorable housing report countered apprehensions about the Spanish bailout. Uncertainty about when Spain would seek a bailout was a matter of concern. Also, a decline in the materials sector restricted markets’ gains. The Dow Jones Industrial Average...

9Oct2012 | | Comments Off | Continued

(BASFY) Chemical Industry Stock Outlook – September 2012 – Industry Outlook

June quarter results mostly reflect a slow economic recovery in the U.S. and persistent recessionary conditions in Europe, leading to weakening demand for chemical products. High input costs and weaknesses across some key end-markets (such as construction and electronics) remain the major impediments...

7Sep2012 | | Comments Off | Continued

(ROC) Rockwood Holdings Agrees to Buy Talison

Specialty and advanced materials company Rockwood Holdings Inc. (ROC) entered into an agreement  to buy Talison Lithium Limited for C$724 million ($729 million) to boost  the production of lithium used in batteries and smartphones. The...

26Aug2012 | | Comments Off | Continued

(ROC) Rockwood Holdings Currency Conversion Drags Shares Down

Specialty chemicals and advanced materials company Rockwood Holdings, Inc. (ROC) recently reported disappointing second-quarter 2012 results, with adjusted earnings of $1.17 per share lagging behind both the Zacks Consensus Estimate...

21Aug2012 | | Comments Off | Continued

(XLB) Stock Market News for July 18, 2012 – Market News

Encouraging quarterly results combined with fresh hopes of economic stimulus measures to lift the benchmarks into the green on Tuesday. Fed chairman Ben Bernanke was critical about the state of the economic recovery which also threatens the employment situation. Benchmarks slipped into negative territory...

18Jul2012 | | Comments Off | Continued

(XLF) Stock Market News for June 13, 2012 – Market News

Investors grew hopeful once again about fresh economic stimulus after Chicago Federal Reserve Bank President Charles Evans spoke in support of such a move, helping markets to end significantly higher. Yesterday’s strong rally washed out all of Monday’s losses with financial and material stocks...

14Jun2012 | | Comments Off | Continued

(PPG) PPG Industries Analyst Raises Shares to Outperform

We are upgrading our long-term recommendation on PPG Industries (PPG) to Outperform from Neutral. The company’s strategy of diversifying its business across various products and geographies has come in handy in difficult...

16May2012 | | Comments Off | Continued

(EU) Chemical Industry Stock Outlook – January 2012 – Industry Outlook

Chemicals are generally used to make a wide variety of consumer goods and are also in the agriculture, manufacturing, construction and service industries. The chemical industry itself consumes 26% of its own output. Major industrial customers include rubber and plastic products, textiles, apparel,...

25Jan2012 | | 0 comments | Continued

(SHW) Sherwin-Williams Third Quarter 2011 Earnings Preview

Sherwin-Williams Co. (SHW) will release its results for the third quarter of 2011 before the market opens on October 25, 2011. Sherwin-Williams reported net earnings of $1.58 per share in the second quarter of 2011 missing the...

26Oct2011 | | 0 comments | Continued

(AAPL) A Busy Week Ahead – Earnings Preview

Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very good idea...

17Oct2011 | | 0 comments | Continued

(DHI) U.S. New Home Sales Move Down Slightly

New Home Sales in August fell by 2.3% from July to a rate of 295,000. Relative to a year ago, sales are up 6.1%. While the year-over-year rebound is more than welcome, it is still a very dismal rate of new home sales. However, there was an upward revision to the July numbers of 4,000 to 302,000....

27Sep2011 | | 0 comments | Continued

(EU) Chemical Industry Stock Outlook – September 2011 – Industry Outlook

Chemicals are generally used to make a wide variety of consumer goods and are also used in agriculture, manufacturing, construction and service industries. The chemical industry itself consumes 26% of its own output. Major industrial customers include rubber and plastic products, textiles, apparel,...

16Sep2011 | | 0 comments | Continued

(VAL) Valspar Reports Earnings In Line With Forecast

The Valspar Corporation’s (VAL) net earnings moved up 10 cents to 80 cents in the third quarter of 2011 from last year’s 70 cents and were in line with the Zacks Consensus Estimate. Adjusted net earnings excluded 10 cents per share...

16Aug2011 | | 0 comments | Continued

(DHI) U.S. New Home Sales Still Awful

New Home Sales in May fell by 1.0% from May, to a rate of 312,000. Relative to a year ago, sales are up 1.6%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Also, there was a downward revision to the May numbers of 4,000 to 315,000. Thus, relative to where...

31Jul2011 | | 0 comments | Continued

(AAPL) 2011 Second Quarter Earnings Preview – Detailed

Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next...

18Jul2011 | | 0 comments | Continued

(SHW) Sherwin Renews Credit Facility

The Sherwin-Williams Company (SHW) has recently entered into a 5-year $1.05 billion New Credit Agreement, with lenders including Bank of America Corporation (BAC) as...

14Jul2011 | | 0 comments | Continued

(SHW) Sherwin Williams Analyst Maintains Neutral on Shares

We are maintaining our Neutral recommendation on Sherwin Williams Company (SHW) as it is recovering with improving domestic and international sales of automotive finishes, original equipment manufacturers’ product finishes, and protective...

6Jul2011 | | 0 comments | Continued

(VAL) Valspar Launches Valspar Plus Paint

The Valspar Corporation’s (VAL) Valspar Paint launched the first indoor decorative paint, which has been certified by the Asthma and Allergy Foundation of America (AAFA). The Valspar Plus paint, certified as asthma and allergy...

1Jul2011 | | 0 comments | Continued

(PPG) PPG Industries Analyst Maintains Neutral Rating

We are maintaining our Neutral recommendation on PPG Industries Inc. (PPG). The company expects to see higher demand in 2011 compared with 2010, but intends to remain focused on continued cost management entered in 2011 with about...

29Jun2011 | | 0 comments | Continued

(DHI) New Homes Sales Down Less than Expected

New Home Sales in May fell by 2.1% from April, to a rate of 319,000. Relative to a year ago, sales are up 13.5%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Offsetting the decline was an upward revision to the April numbers of 3,000 to 326,000....

23Jun2011 | | 0 comments | Continued

(APOG) Apogee Enterprises Beats Estimates

The leader in technologies for the design and development of value-added glass products Apogee Enterprises Inc. (APOG) recently announced fiscal 2012 first quarter results, minimizing its per share loss to 8 cents from 13 cents in...

22Jun2011 | | 0 comments | Continued