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Noticias

Sherwin-Williams raises 2024 profit forecast on upcoming residential demand

UPDATE 1-Sherwin-Williams raises 2024 profit forecast on upcoming residential demand Updates with shares and commentary from conference call July 23 (Reuters) - Sherwin-Williams SHW.N on Tuesday raised its full-year earnings forecast and posted a second-quarter profit that beat estimates, as the paintmaker was helped by higher prices and increased sales across its paint stores and coating segments.
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Sherwin-Williams raises 2024 profit forecast on upcoming residential demand

Sherwin-Williams raises 2024 profit forecast on upcoming residential demand July 23 (Reuters) - Sherwin-Williams SHW.N on Tuesday raised its full-year earnings forecast and posted a second-quarter profit that beat Wall Street estimates, as the paintmaker was helped by higher prices and increased sales across its paint stores and coating segments. "We're also encouraged by growth in new residential, where we expect continued momentum over the back half of the year," said CEO Heidi Petz.
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Akzo Nobel's Q2 core profit misses expectations, sending shares lower

UPDATE 4-Akzo Nobel's Q2 core profit misses expectations, sending shares lower Q2 EBITDA 400 mln eur vs 414 mln eur consensus Narrows 2024 core profit guidance Plant closures on track , more to be announced Shares down 3% Updates lead with share move, adds CFO raw material comments By Stephanie Hamel and Charlotte Eugenie Yvette Bawol July 23 (Reuters) - Dulux paints maker Akzo Nobel AKZO.AS reported a 1% rise in second-quarter core profit on Tuesday, falling short of analysts' expectations due
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U.S. Align Technology, McKesson, Schneider National

U.S. RESEARCH ROUNDUP-Align Technology, McKesson, Schneider National July 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Align Technology, McKesson, and Schneider National, on Monday. HIGHLIGHTS * Align Technology ALGN.O : UBS cuts target price to $260 from $340 * CH Robinson Worldwide CHRW.O : BofA Global Research raises to buy from underperform * McKesson Corp MCK.N : UBS raises target price to $670 from $630 *
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PPG Industries falls after cutting annual profit forecast, quarterly revenue miss

BUZZ-PPG Industries falls after cutting annual profit forecast, quarterly revenue miss ** Shares of industrial coatings maker PPG Industries PPG.N fall 2.8% to $128.00 in extended trading ** Co mpany cuts annual adj. profit forecast and misses Q2 revenue estimates ** PPG cuts FY24 adj. profit forecast to $8.15 to $8.30 per share from prior forecast of $8.34 to $8.59 per share ** PPG posts April-June quarter net sales of $4.79 bln vs est.
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PPG Industries cuts annual profit forecast after missing quarterly sales estimates

PPG Industries cuts annual profit forecast after missing quarterly sales estimates July 18 (Reuters) - PPG Industries PPG.N cut its annual adjusted profit forecast on Thursday after reporting lower-than-expected second-quarter revenue due to weakness in its industrial coatings unit. Shares of the paint and industrial coatings maker fell 3.4% in trading after the bell.
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PPG Q2 Adjusted EPS USD 2.5 Vs. IBES Estimate USD 2.48

BRIEF-PPG Q2 Adjusted EPS USD 2.5 Vs. IBES Estimate USD 2.48 Jul 18 (Reuters) - PPG Q2 EPS USD 2.24. Q2 adjusted net income USD 590 million vs. IBES estimate USD 581.7 million Q2 net income USD 528 million Q2 revenue USD 4,794 million vs. IBES estimate USD 4,924 million
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U.S. BlackRock, Goldman Sachs, Netflix

U.S. RESEARCH ROUNDUP-BlackRock, Goldman Sachs, Netflix July 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including BlackRock, Goldman Sachs and Netflix, on Tuesday. HIGHLIGHTS * Ameriprise Financial Inc AMP.N : RBC raises target price to $487 from $480 * BlackRock BLK.N : JP Morgan raises target price to $774 from $756 * Goldman Sachs GS.N : HSBC raises target price to $527 from $493 * Moody's Corp MCO.N : JP Morgan rai
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PPG Industries to invest $300 mln to boost manufacturing in North America

PPG Industries to invest $300 mln to boost manufacturing in North America May 21 (Reuters) - PPG Industries PPG.N on Tuesday said it would invest $300 million to boost its manufacturing capabilities in North America, aimed at meeting the rising demand for paints and coatings in the automotive sector. This investment includes the construction of a new manufacturing facility in Tennessee.
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PPG To Build New Paint And Coatings Manufacturing Facility In Tennessee As Part Of $300 Million Investment In Advanced Manufacturing In North America

BRIEF-PPG To Build New Paint And Coatings Manufacturing Facility In Tennessee As Part Of $300 Million Investment In Advanced Manufacturing In North America May 21 (Reuters) - PPG Industries Inc PPG.N : PPG TO BUILD NEW PAINT AND COATINGS MANUFACTURING FACILITY IN TENNESSEE AS PART OF $300 MILLION INVESTMENT IN ADVANCED MANUFACTURING IN NORTH AMERIC
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