|Bid||80.78 x 800|
|Ask||126.80 x 800|
|Day's Range||80.17 - 81.68|
|52 Week Range||69.77 - 134.36|
|Beta (5Y Monthly)||1.28|
|PE Ratio (TTM)||15.41|
|Earnings Date||Apr 26, 2020|
|Forward Dividend & Yield||2.04 (2.53%)|
|Ex-Dividend Date||Feb 19, 2020|
|1y Target Est||113.45|
PPG (NYSE: PPG) today announced that it will donate 80,000 masks to hospitals in Pittsburgh, New York, Cleveland, Detroit and Huntsville, Ala., in support of Coronavirus relief efforts.
PPG (NYSE: PPG) today announced that its Annual Meeting of Shareholders will be held in a virtual meeting webcast format at 11 a.m. EDT on Thursday, April 16. Due to the public health impact of the coronavirus pandemic (COVID-19) and to protect the well-being of our employees, shareholders and other stakeholders, PPG will not hold an in-person meeting.
Unfortunately for some shareholders, the PPG Industries (NYSE:PPG) share price has dived 31% in the last thirty days...
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
PPG (NYSE: PPG) today announced that its ballistic, canopy-like windscreen, a key component of the NTT INDYCAR® SERIES’ Aeroscreen, will make its official motorsports debut this week.
In this article we are going to estimate the intrinsic value of PPG Industries, Inc. (NYSE:PPG) by taking the expected...
(Bloomberg) -- Xerox Holdings Corp. plans to expand its slate of nominees to replace the board of HP Inc. to 12 directors with the addition of former Alliant Energy Corp. Chief Executive Officer Erroll B. Davis Jr., according to people familiar with the matter.His nomination is expected to come as early as Monday, said the people, asking not to be identified because the matter is private. Davis has served on the boards of several high-profile companies, including Union Pacific Corp., General Motors Co., PPG Industries Inc. and BP Plc.Representatives for Xerox and HP declined to comment. HP had previously said it believed Xerox’s nominations are a “self-serving tactic by Xerox to advance its proposal, that significantly undervalues HP and creates meaningful risk to the detriment of HP shareholders.”The move comes as Xerox and HP executives are expected to meet this week to discuss HP’s ongoing concerns about the tie-up between the companies.Davis’s nomination follows a decision by HP to temporarily expand its board to 13 members with the addition of NXP Semiconductors NV CEO Richard Clemmer last month. Former HP CEO Dion Weisler has already said he plans to step down as a director after the annual meeting, which will shrink the board size to 12 members at that time, HP said.At the time of Clemmer’s appointment to the board on Feb. 27, HP said it would give 10 days to Xerox to nominate an additional director.With the addition of Davis, Xerox continues to push to replace the entire board of HP in order to help facilitate a merger between the companies. Concurrently, Xerox officially launched a tender offer to acquire HP last week after the personal computer giant continued to rebuff its efforts for a tie-up.Xerox is offering $24 a share in cash and stock -- or roughly $35 billion -- to acquire HP. The photocopying pioneer has said combining would yield $2 billion in cost savings and more than $1 billion in additional revenue growth. Activist investor Carl Icahn, who owns an 11% stake in Xerox and a 4.4% stake in HP, has also been advocating for a merger between the two companies.HP’s board has rejected Xerox’s offer, arguing it undervalues the Palo Alto, California-based company. HP announced last month it will return $16 billion to shareholders as part of a standalone plan.Xerox said in a regulatory filing that executives for both companies, including Xerox CEO John Visentin and HP CEO Enrique Lores, spoke by telephone on March 3. Lores said he would like to arrange an in-person meeting to have an an “in depth conversation” about the three concerns HP has about a tie-up, namely the value exchange, capital structure and synergies, Xerox said in the filing.“Visentin responded that Xerox had already made an offer to combine the companies that Xerox believes HP stockholders support, and had no intention of deviating from the course and timeline of the offer, but added that Xerox would be willing to meet and listen if HP has an offer or proposal that it believes addresses their concerns and creates value for Xerox shareholders,” according to the filing.Xerox said the parties planned to schedule a meeting for this week.To contact the reporter on this story: Scott Deveau in New York at email@example.comTo contact the editors responsible for this story: Liana Baker at firstname.lastname@example.org, Matthew Monks, Elizabeth FournierFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
In her leadership role at the Boys & Girls Clubs of Western Pennsylvania, Lisa Abel-Palmieri has led a number of new initiatives for her organization.
PPG (NYSE: PPG) today announced that Courtney Balliet, PPG manager, strategy, science and technology (S&T), has earned the STEP Ahead Award, presented by the Manufacturing Institute. The recognition acknowledges Balliet’s exceptional leadership and significant contributions to the manufacturing industry.
PPG (NYSE: PPG) today announced that it has completed its acquisition of Alpha Coating Technologies, LLC ("Alpha"), a manufacturer of powder coatings for light industrial applications and heat sensitive substrates. Financial terms were not disclosed.
PPG (NYSE:PPG) today announced that PPG and the PPG Foundation invested $11.8 million in communities worldwide in 2019. The funds supported community sustainability and educational programming, and highlight PPG’s commitment to supporting communities where its employees live, work and play.
Concern over coronavirus has caused markets to dive this week. Here are the local public companies that have been most affected.
PPG (NYSE:PPG) today announced initiatives to support coronavirus relief efforts in China. The company will donate $143,437 USD (1,000,000 RMB) to the Chinese Red Cross Foundation to assist with mid- to long-term recovery efforts, such as training, mental health assistance or other support for frontline health workers responding to the crisis. The funds also will be used to help vulnerable communities and families recover.
PPG (NYSE:PPG) today announced the appointment of Tom Maziarz as vice president, automotive refinish, Americas, effective March 1. In this role, Maziarz will succeed Greg Benckart, who has announced his intent to retire, effective July 1.
Dutch paints and coatings maker Akzo Nobel aims to outpace its competitors' revenue growth in the coming years while lifting profitability, it said on Thursday. Presenting its goals for the 2021-2023 period, the company said revenue growth would be at least as high as the market's average in those years, with its return on sales increasing by 50 basis points a year. In 2017 Akzo promised frustrated shareholders it would improve profitability and refused to consider an unwanted takeover offer by U.S. rival PPG Industries.
PPG Industries Inc. -- which was mentioned in Tuesday's " Mad Money" program -- has an interesting chart pattern. Trading volume has not been much different during the "test" and the On-Balance-Volume (OBV) line has been moving sideways.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
PPG Industries (PPG) to feature the PPG Solaron Blue Protection UV blocking technology in addition to its wide range of sustainable and lightweight products at Singapore Airshow.