Barclays Downgrades PPG Industries (PPG) to Equalweight on Near-Term Overhang
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February 26, 2024 8:00 AM EST(Updated - February 26, 2024 11:04 AM EST)
Investing.com -- Main U.S. indexes traded in a muted fashion Monday, ahead of the release of key inflation data this week which could provide more clues as to future Fed monetary policy.
Here are some of the biggest U.S. stock movers today:
Alcoa (NYSE:... More
PPG explores strategic alternatives for architectural coatings business in US, Canada
February 26, 2024 7:14 AM EST(Reuters) -Paints and coatings maker PPG said on Monday it would review strategic alternatives for its architectural coatings business in the United States and Canada.
The announcement comes less than two months after the company said it was reviewing alternatives for its silica products business.
PPG's architectural coatings business manufactures and sells interior and exterior paints, stains, caulks, repair products,... More
PPG Industries (PPG) to explore options for architectural coatings business in the U.S. and Canada
February 26, 2024 7:01 AM ESTPPG (NYSE: PPG) announced that it has engaged Goldman Sachs & Co. LLC as financial advisor to assist in a review of strategic alternatives for its architectural coatings business in the U.S. and Canada.
PPGs architectural coatings business in the U.S. and Canada, which operates within the companys performance coatings segment, is an industry leader in residential and commercial architectural coatings through its well-known portfolio of brands, including GLIDDEN®, OLYMPIC®, LIQUID NAILS®, HOMAX®, PITTSBURGH PAINTS & STAINS®, Manor Hall®, FLOOD®, DULUX® (in Canada), and SICO®, among others. The business manufactures and sells... More
