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PPG Industries

M&A Activity Lifts European Shares

Big mergers and acquisitions deals fuelled consolidation expectations and helped European stocks gain ground on Monday after a two-session dip.Shares in Irish drugmaker Elan jumped 9 percent after U.S. peer Perrigo agreed to buy the firm for $8.6 billion, sparking a rally in pharma stocks, with Shire up 1.5 percent and Qiagen up 1 percent.Media shares also surged, boosted by a merger plan between Publicis and Omnicom unveiled over the weekend, in a deal worth $35.1 billion. France's Havas soared 6.3 percent and UK's WPP added 1.5 percent. Publicis shares were halted on Monday.The FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,207.40 points, after losing about 0.8 percent in two sessions. The benchmark index has risen 9 percent since late June."It's Merger Monday. Money is cheap, companies are sitting on piles of cash, and finally some of them are looking for deals," said David Noble, a specialist trader at Louis Capital Markets in London.Also among the biggest ga...

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  1. EUROPE MARKETS: Europe Stocks Edge Lower As Oil Firms Weigh

    European stock markets showed mixed signals on Friday, as investors weighed data showing a further improvement in China's manufacturing sector, while U.S. fiscal con...

  2. PPG Agrees to Buy AkzoNobel's North American Architectural Coatings Unit For $1.05 Billion

    PPG Industries (PPG) has agreed to buy the North American architectural coatings business of Amsterdam's AkzoNobel N.V. (AKZA-AMS) for $1.05 billion as the paints an...

  3. AkzoNobel sells North American paints arm for $1.1 billion

    Dutch chemicals group AkzoNobel is selling its struggling North American decorative paints arm to U.S. rival PPG Industries for $1.1 billion to focus on its larger E...

  4. EUROPE MARKETS: China Data Lift Europe Stocks, Autos Rise

    European stock markets inched higher on Friday, taking inspiration from overnight gains in Asia on the back of data showing a further improvement in China's manufact...

  5. Europe Stocks Move Higher As China Data Inspires

    European stock markets edged higher on Friday, taking some inspiration from Asia where Chinese shares soared after data showed improvement for the manufacturing sect...

  6. PPG Expects Production Outage to Impact 4th-Quarter Earnings by $4 Million to $8 Million

    PPG Industries Inc. (PPG) said a production outage at its chlor-alkali complex in Lake Charles, La., will impact fourth-quarter earnings in its commodity chemical se...

  7. DOJ: China-Controlled Huaxing Pleads Guilty to Illegal Export Charges

    A China-based construction company controlled by the People's Republic of China agreed to pay $3 million and pled guilty in an investigation of illegal exports of co...

  8. Most Popular Car Colors of 2012

    Consumers may ogle the car painted lipstick-red, but they tend to go home with the prim one all in white.That's what PPG Industries, a Pittsburgh-based company that ...

  9. White Is No. 1 Car Color Worldwide: Survey

    White is the favorite car color worldwide, covering some 22% of vehicles, according to data released Wednesday by PPG Industries. It is followed by silver at 20% and...

  10. Theft of trade secrets worsening in China-U.S. business

    Chinese theft of valuable U.S. trade secrets, often obtained by sophisticated cyber-attacks, is becoming a more serious problem, U.S. industry officials said on Wedn...

  11. Apple, Ebay Included in Stocks Up on High Volume Wednesday

    Today, these stocks are up on above-average volume:Apple (NASDAQ:AAPL) was up on high volume today, after trading at a volume of 20.1 million, or 1.5 times its avera...

  12. How Investors Can Profit from the Chemicals in Their Home

    The Valence Group co-founder Telly Zachariades on how investors can profit from chemicals used in housing.

  1. PPG Industries 1st-Quarter Net Soars on Chemicals-Business Sale

    PPG Industries Inc.'s (PPG) first-quarter earnings surged after the paint-and-coatings supplier recorded a roughly $2.2 billion sale of its chemicals business.In Jul...

  2. PPG Industries Hires Ex-Tyco Executive Sklarsky to Head Finances

    PPG Industries Inc. (PPG) hired former Tyco International Ltd. (TYC) Chief Financial Officer Frank S. Sklarsky to succeed David B. Navikas, who will assume a yet-to-...

  3. Essilor In Talks With PPG About Transitions Optical Joint Venture

    Essilor (EI.FR) Tuesday said it is in discussions with PPG Industries Inc. (PPG) about the future of their joint venture Transitions Optical, a photochromic lens mak...

  4. PPG Industries : 4Q Closes Out 'Excellent Year'

    PPG Industries (NYSE:PPG) reported fourth-quarter earnings on pace with Wall Street expectations on Monday and said the spin-off of its chemicals business is on trac...

  5. PPG's 4th-Quarter Net Up 5.1% on Revenue Rise at Key Segments

    PPG Industries Inc.'s (PPG) fourth-quarter earnings rose 5.1%, with the paints and chemicals supplier showing revenue growth from its key performance coatings and in...

  6. PPG Industries Declares Force Majeure on Some Products After Fire at Louisiana Plant

    PPG Industries Inc. (PPG) declared a force majeure for some of its chemical products as the result of a fire at a Louisiana plant Monday.A force majeure is declared ...

  7. DOJ: Former PPG Unit Manager Sentenced for Illegal Export to Pakistan Nuclear Plant

    A former manager at a Shanghai-based subsidiary of U.S. chemical and paint company PPG Industries Inc. (PPG) has been sentenced to a year in prison for illegally exp...

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