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Reuters - 2 settimane fa

Mizuho raises PT on Sherwin-Williams

BUZZ-Mizuho raises PT on Sherwin-Williams ** Brokerage Mizuho raises price target on U.S. based paint maker Sherwin-Williams SHW.N to $425 from $380 ** The new PT represents about a 17% upside to the stock's last close ** "Market share gains are allowing modest growth against a relatively unfavorable macro environment - Mizuho ** Brokerage says SHW

Reuters - 3 settimane fa

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: BYD, SCG Packaging, Adani Ports and Special Economic Zone Updates: Ganz-Mavag Aug 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** China's BYD 1211.HK , 02594.SZ will buy Hedin Electric Mobility, the German car distributor's parent company said, as BYD moves to establish itself as a major electric vehicle maker in Europe.

Reuters - 3 settimane fa

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Singapore Airlines (SIA) SIAL.SI said it has received approval from the Indian government for foreign direct investment, as part of a merger in which Vistara, its 49%-owned joint venture with Tata, will be absorbed into Air India.

Reuters - 3 settimane fa

PPG sells silica business to Poland's QEMETICA for $310 mln

PPG sells silica business to Poland's QEMETICA for $310 mln Aug 29 (Reuters) - PPG Industries PPG.N will sell its silica products business to Polish chemical company QEMETICA for $310 million, the paints and coatings maker said on Thursday. The company had said in January it was exploring strategic alternatives for its silica business, which represented between 1% and 2% of its total net sales in 2023. "This transaction will allow us to further focus our resources on our technology-differentiate

Reuters - 3 settimane fa

PPG Reaches Agreement To Sell Silicas Products Business To Qemetica

BRIEF-PPG Reaches Agreement To Sell Silicas Products Business To Qemetica Aug 29 (Reuters) - PPG Industries Inc PPG.N : PPG REACHES AGREEMENT TO SELL SILICAS PRODUCTS BUSINESS TO QEMETICA PPG INDUSTRIES INC - TO SELL SILICAS BUSINESS FOR $310 MILLION Source text for Eikon: ID:nBw53f39sa Further company coverage: PPG.N

Reuters - 2 mesi fa

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.

Reuters - 2 mesi fa

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.

Reuters - 2 mesi fa

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

Reuters - 2 mesi fa

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 *

Reuters - 2 mesi fa

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.

Reuters - 2 mesi fa

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.

Reuters - 2 mesi fa

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

Reuters - 2 mesi fa

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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