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Reuters - vor 2 Tagen

AkzoNobel misses Q3 forecasts as China's real estate slowdown drags paint sales

UPDATE 3-AkzoNobel misses Q3 forecasts as China's real estate slowdown drags paint sales Q3 adj. EBITDA at 394 mln euros vs consensus of 404 mln euros Weak consumer confidence in China weighs on paint sales China's high industrial activity helps coatings business Adds detail on China, quotes from CFO interview in paragraphs 1-6 By Anna Peverieri and Dimitri Rhodes Oct 23 (Reuters) - Dulux paints maker AkzoNobel AKZO.AS missed expectations for third-quarter revenue and earnings on Wednesday, as C
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Reuters - vor 3 Tagen

Glidden Paint By Ppg Names Brick Red Spray Paint Color Of The Year 2025

BRIEF-Glidden Paint By Ppg Names Brick Red Spray Paint Color Of The Year 2025 Oct 22 (Reuters) - PPG Industries Inc PPG.N : GLIDDEN PAINT BY PPG NAMES BRICK RED SPRAY PAINT COLOR OF THE YEAR 2025 Source text for Eikon: ID:nBw3ltRnsa Further company coverage: PPG.N
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Reuters - vor 3 Tagen

Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand

UPDATE 1-Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand Adds details on store closures in paragraph 3, analyst comment in paragraph 6 By Pooja Menon Oct 22 (Reuters) - Industrial paintmaker Sherwin-Williams SHW.N missed third-quarter profit estimates on Tuesday, hurt by lower sales in its segments that cater to the housing, automotive and aerospace sectors, sending its shares down more than 4% before the bell.
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Reuters - vor 3 Tagen

Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand

Industrial paintmaker Sherwin-Williams profit misses estimates on weak demand Oct 22 (Reuters) - Industrial paintmaker Sherwin-Williams SHW.N missed Wall Street estimates for third-quarter profit on Tuesday, hurt by lower sales in its segments that cater to the housing, automotive and aerospace sectors. Shares of the company were 7.61% lower in premarket trading.
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Reuters - vor 3 Tagen

U.S. Galapagos, Marsh & Mclennan, Travelers

U.S. RESEARCH ROUNDUP-Galapagos, Marsh & Mclennan, Travelers Oct 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Galapagos, Marsh & Mclennan and Travelers, on Tuesday. HIGHLIGHTS * Contineum Therapeutics Inc CTNM.O : Baird initiates coverage with outperform rating * Galapagos NV GLPG.O : JP Morgan cuts target price to $32 from $37 * Marsh & Mclennan MMC.N : KBW raises target price to $212 from $209 * Travelers TRV.
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Reuters - vor 1 Woche

Wall Street Journal - Oct 18

PRESS DIGEST- Wall Street Journal - Oct 18 Oct 18 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Pittsburgh based paint and coatings manufacturer PPG PPG.N said on Thursday that it agreed to sell its architectural-coatings business in the U.S.
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Reuters - vor 1 Woche

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Snam, BP, Novo Nordisk, Pony AI; Updates Zuora Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** BP BP.L is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewables.
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Reuters - vor 1 Woche

PPG Announces Quarterly Dividend Of 68 Cents Per Share

BRIEF-PPG Announces Quarterly Dividend Of 68 Cents Per Share Oct 17 (Reuters) - PPG Industries Inc PPG.N : BOARD OF DIRECTORS ANNOUNCES QUARTERLY DIVIDEND OF 68 CENTS PER SHARE
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Reuters - vor 1 Woche

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Zuora, LVMH, PAI Partners, CSN, Sanofi, PPG Industries, Fuji Soft Oct 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Fuji Soft 9749.T founder and shareholder Hiroshi Nozawa said in a letter to the company, seen by Reuters, that he supports U.S.
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Reuters - vor 1 Woche

U.S. STOCKS PPG Industries, Travelers, ShiftPixy

BUZZ-U.S. STOCKS ON THE MOVE-PPG Industries, Travelers, ShiftPixy Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock indexes were set to rise on Thursday, with an upbeat forecast from TSMC boosting semiconductor stocks, while a bigger-than-expected rise in September retail sales pointed to a strong U.S.
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Reuters - vor 1 Woche

PPG Industries rises on plan to cut 1,800 jobs in US, Europe

BUZZ-PPG Industries rises on plan to cut 1,800 jobs in US, Europe ** Shares of U.S.-based industrial coatings maker PPG Industries PPG.N rise 1.3% to $132.01 premarket ** PPG announces cost-cut plan involving laying off 1,800 people, mainly in Europe and the U.S ** Also to divest its architectural coatings business in the U.S. and Canada for $550 m
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Reuters - vor 1 Woche

PPG to lay off 1,800 employees in cost-cut drive, sell coatings unit

UPDATE 3-PPG to lay off 1,800 employees in cost-cut drive, sell coatings unit Adds analyst comment in paragraph 4 By Vallari Srivastava Oct 17 (Reuters) - PPG Industries PPG.N will lay off 1,800 employees in the U.S. and Europe and close plants as part of a cost-reduction program, the paints and coatings maker said on Thursday. The program focused on reducing structural costs in Europe and in certain other global businesses, along with other corporate expenses following recent agreements to sell
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Reuters - vor 1 Woche

PPG Reaches Agreement To Sell Architectural Coatings US And Canada Business To American Industrial Partners

BRIEF-PPG Reaches Agreement To Sell Architectural Coatings US And Canada Business To American Industrial Partners Oct 17 (Reuters) - PPG Industries Inc PPG.N : PPG REACHES AGREEMENT TO SELL ARCHITECTURAL COATINGS U.S. AND CANADA BUSINESS TO AMERICAN INDUSTRIAL PARTNERS; ANNOUNCES COMPREHENSIVE COST REDUCTION PROGRAM PPG INDUSTRIES INC - TRANSACTION
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Reuters - vor 1 Woche

PPG to sell architectural coatings business to AIP for $550 mln

PPG to sell architectural coatings business to AIP for $550 mln Oct 17 (Reuters) - PPG Industries PPG.N said on Thursday it would sell its architectural coatings business in the U.S. and Canada to American Industrial Partners for about $550 million. Reporting by Vallari Srivastava in Bengaluru; Editing by Shilpi Majumdar
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Reuters - vor 1 Woche

U.S. Constellation Energy, Morgan Stanley, Uber

U.S. RESEARCH ROUNDUP-Constellation Energy, Morgan Stanley, Uber Oct 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Constellation Energy, Morgan Stanley, and Uber, on Thursday. HIGHLIGHTS * Constellation Energy Corp CEG.O : J.P. Morgan initiates coverage with overweight rating * Illumina Inc ILMN.O : HSBC raises to buy from hold * Morgan Stanley MS.N : RBC raises target price to $122 from $108 * Uber UBER.N : Dai
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Reuters - vor 1 Woche

PPG misses quarterly profit estimates on weak industrial coatings demand

PPG misses quarterly profit estimates on weak industrial coatings demand Oct 16 (Reuters) - Paints and coatings maker PPG Industries PPG.N missed Wall Street estimates for third-quarter profit on Wednesday, hurt by lower sales at its industrial coatings unit. The company posted an adjusted profit of $2.13 per share in the July-September quarter, compared with estimates of $2.15, according to data compiled by LSEG.
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Reuters - vor 1 Woche

PPG Q3 Adjusted EPS USD 2.13 Vs. IBES Estimate USD 2.15

BRIEF-PPG Q3 Adjusted EPS USD 2.13 Vs. IBES Estimate USD 2.15 Oct 16 (Reuters) - PPG Q3 net income USD 468 million. Q3 adjusted net income USD 500 million vs. IBES estimate USD 503.1 million Q3 revenue USD 4,575 million vs. IBES estimate USD 4,650 million Q3 EPS USD 2
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Reuters - vor 1 Woche

Stocks stunned by ASML curveball, pound plunges

MORNING BID AMERICAS-Stocks stunned by ASML curveball, pound plunges A look at the day ahead in U.S. and global markets from Mike Dolan World markets struggled to find a footing on Wednesday after Europe's ASML ASML.AS sideswiped the global chip sector late yesterday with a surprisingly weak orders outlook and investors prayed the flub was a one-off as third-quarter earnings updates stream in.
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Reuters - vor 2 Wochen

Morningstar expects PPG Industries' Q3 sales to be hit by weakness in industrial unit

BUZZ-Morningstar expects PPG Industries' Q3 sales to be hit by weakness in industrial unit ** Industrial coatings maker PPG Industries' PPG.N sales likely to be slightly down in Q3 due to mid-single digit decline in its industrial segment's sales, Morningstar analyst Spencer Liberman says ** PPG's shares rise 0.6% to $128.28 ** "Flat or low organic growth will likely drive the flat revenue growth in the quarter....industrial headwinds will likely remain through the remainder of the year," Liberm
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Reuters - vor 2 Wochen

U.S. earnings week ahead

DIARY-U.S. earnings week ahead Oct 11 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start Date Start Time RIC Company Name Event Name 15-Oct-2024 AMC JBHT.O J B Hunt Transport Services Inc Q3 2024 J B Hunt Transport Services Inc Earnings Release 15-Oct-2024 AMC UAL.O United Airlines Holdings Inc Q3 2024 United Airlines Holdings Inc Earnings Release 15-Oct-2024 AMC OMC Omnicom Group
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