105.35 0.00 (0.00%)
After hours: 5:00PM EST
|Bid||103.07 x 300|
|Ask||107.28 x 1200|
|Day's Range||104.68 - 106.68|
|52 Week Range||94.37 - 122.07|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||21.26|
|Earnings Date||Jan 16, 2019 - Jan 21, 2019|
|Forward Dividend & Yield||1.92 (1.78%)|
|1y Target Est||112.04|
PPG Industries' (PPG) Teslin substrate and conductive inks have great radio frequency characteristics that complement Powercast's long-range wireless power technology.
In a press release on November 12, Praxair, which is now the wholly-owned subsidiary of Linde (LIN), announced that it has entered into a long-term agreement to supply oxygen to Fulcrum BioEnergy’s Sierra BioFuels Plant in Storey County, Nevada. According to the press release, Praxair will construct two vacuum pressure swing adsorption plants at the facility. The facility is expected to start its operations by 2020. The plant will also use Praxair’s proprietary technology—Hot Oxygen Burner, which will help increase the syngas yield from the gasification process.
PPG (PPG) and Powercast Corporation today announced a joint development agreement to produce ultra-thin and wirelessly powered printed electronics products. Powercast and PPG will introduce LED-based wireless illumination solutions for smart consumer packaging and smart identification (ID) cards, which enable enhanced security.
ABU DHABI , UAE, November 12, 2018 /PRNewswire/ -- Patent-pending technology , formulated to achieve the most durable PFP solution currently available , is also noticeably thinner and lighter than alternatives. ...
Air Products and Chemicals’ (APD) Industrial Gases–Americas segment was the company’s largest revenue contributor in the fourth quarter. The Industrial Gases–Americas segment’s revenues continued to increase on a sequential basis for the third consecutive quarter. In the fourth quarter, Air Products and Chemicals’ Industrial Gases–Americas segment reported an operating income of $251.3 million, which implies a decline of ~5.1% YoY.
The segment reported revenue of $5.68 billion as compared to $5.27 billion in Q3 2017. The reported revenue implies growth of 7.8% on a year-over-year basis. The segment’s revenue growth was driven by higher volumes, which grew 3%, and positive pricing pushed the segment’s revenue by 2%, while the portfolio mix pushed the segment’s revenue growth by 3%.
Air Products and Chemicals (APD) is expected to report adjusted EPS of $1.99 for the fourth quarter of fiscal 2018—an increase of ~13.1% from the corresponding quarter last year. In the fourth quarter of 2017, Air Products and Chemicals reported adjusted EPS of $1.76. Air Products and Chemicals’ projected growth in adjusted EPS is expected to be driven by higher sales growth and a lower tax rate.
The Materials Select Sector SPDR (NYSEArca: XLB), the largest exchange traded fund dedicated to that sector, is off more than 12% this month. Data indicate investors are not waiting around to see what ...
International Flavors and Fragrances (IFF) is expected to report an adjusted EPS of $1.54 in the third quarter—an increase of ~4.8% over its adjusted EPS of $1.47 in the third quarter of 2017. International Flavors and Fragrances’ adjusted EPS growth is expected to be driven by higher revenues, a better effective tax rate, and the expected increase in other income. International Flavors and Fragrances’ SG&A expenses for third-quarter are expected to be at $148.71, which represents 16.6% of the expected revenues.
The 13F filings on June 30 indicated that institutional investors own 70.8% of DowDuPont’s (DWDP) outstanding shares. A total of 1,922 institutions hold DowDuPont. Among the institutions, 814 increased their positions on DowDuPont, 878 reduced their positions, and 230 maintained their positions. Although more institutions sold DowDuPont, institutions bought more than the number of shares sold.
DowDuPont (DWDP) is expected to post an adjusted EPS of $0.72 in the third quarter. In the third quarter of 2017, pro forma DowDuPont reported an adjusted EPS of $0.55. DowDuPont’s third-quarter adjusted EPS could grow 30.9% on a YoY (year-over-year) basis. Since the merger, DowDuPont has outperformed analysts’ estimates. We’ll have to wait and see if DowDuPont continues this trend during the third quarter.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Basic Materials sector is rising.
On October 22, a PPG Industries (PPG) press release said that PPG had been awarded Home Depot’s (HD) Supplier Partner of the Year award in the paint category. The award was given for the launch of PPG’s TIMELESS interior and exterior paint and OLYMPIC stains, and it was announced at Home Depot’s annual supplier partnership meeting in Atlanta. PPG managed to find Home Depot to overcome this situation.
On October 26, Chemours (CC) announced the release of its first annual corporate responsibility commitment report. The report discusses the company’s corporate responsibility commitment, which it intends to achieve by 2030. Chemours has also joined the United Nations Global Compact, the world’s largest voluntary corporate citizenship and sustainability pact.
PPG (PPG) today announced its automotive color trends data, noting a rise in popularity for green automobiles globally. “While consumers are often choosing conservative colors for automobiles, such as white or black, green has historically been an incredibly popular color choice, particularly in the ‘90s,” said Jane Harrington, PPG global manager, color styling, automotive OEM coatings. “Beginning in 1999, consumer preferences shifted to more neutral options, shrinking green’s popularity each year.
Wall Street analysts expect LyondellBasell (LYB) to report revenues of $9.84 billion in the third quarter—an increase of 15.5% on a YoY (year-over-year) basis. In the third quarter of 2017, LyondellBasell reported revenues of $8.52 billion. If the company meets the expectations, it would be the highest third-quarter revenues since the third quarter of 2015.
On October 25, Sherwin-Williams (SHW) announced its third-quarter earnings results. Sherwin-Williams failed to meet analysts’ EPS estimate of $5.74 in the third quarter. The change in accounting standards had an adverse impact of 0.8% on SHW’s revenue.
PPG Industries, Inc. (PPG) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front
"I don't understand why people are so hesitant to admit that we're in an upturn in inflation," said Richard Bernstein, chief executive of Richard Bernstein Advisors LLC. The unexplained absence of inflation during the last decade's U.S. equity price boom is now being replaced in investor psychology by fears that inflation is finally pushing up costs and squeezing margins and may be one of the culprits in this month's selloff of U.S. stocks. U.S. consumer price inflation was 2.3 percent in the year to September, according to the Labour Department, and even "core" inflation, which strips out volatile food and energy prices, is running at 2.2 percent for the year, above the Federal Reserve's target.
A widening gulf between the U.S. dollar and several foreign currencies is weighing on sentiment for U.S. companies trying to sell their goods overseas. Anheuser-Busch, 3M, Illinois Tool Works, UPS and PPG Industries have specifically cited currency as negatively impacting results and their outlook. The October stock market sell-off has been puzzling to many investors because most companies are riding high on business confidence and a tax-cut windfall.