Jefferies Reiterates Buy on PPG Industries (PPG) - PT to $113
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CPI Aerostructures Selects PPG as Strategic Supplier for Vendor Managed Consumables
October 24, 2016 8:00 AM EDTEDGEWOOD, NY -- (Marketwired) -- 10/24/16 -- CPI Aerostructures, Inc. ("CPI Aero") (NYSE MKT: CVU) announced today that it has entered into a long term, strategic supply agreement with Pittsburgh-based PPG (NYSE: PPG) to supply consumable products in a Vendor Managed Inventory (VMI) operating model.
Under the agreement, PPG will be responsible for all purchasing, inventory management and logistics for consumable materials, such as paints, sealants, adhesives and lubricants in accordance with CPI Aero's planned consumption rates through December 31, 2019. PPG also will employ a full-time worker at CPI Aero's... More
PPG Directors Announce Quarterly Dividend of 40 Cents Per Share
October 20, 2016 4:33 PM EDTPITTSBURGH--(BUSINESS WIRE)-- The board of directors of PPG (NYSE: PPG) today declared a regular quarterly dividend of 40 cents per share, payable Dec. 12 to shareholders of record Nov. 10.
This marks the companys 473rd consecutive dividend payment. PPG has paid uninterrupted annual dividends since 1899.... More
PPG Reports Third Quarter 2016 Financial Results
October 20, 2016 6:51 AM EDTNet sales of $3.8 billion and reported per-share loss of 75 cents Adjusted earnings per share of $1.56, up 1 percent including impact from unfavorable foreign currency translation Completed sale Oct. 1 of both European fiber glass and flat glass businesses Announced sale of 50 percent ownership interest in Asian fiber glass joint ventures Cash and short-term investments totaled approximately $1.0 billion at quarter-end
PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today reported third quarter 2016 net sales of $3.8 billion, up... More
