Barclays believes that PPG's decision to potentially sell its architectural coatings business is the correct, albeit painful, decision. They also express concern that a 'no deal' outcome after disclosing these financials could likely weigh on the company's story/multiple.
Morning Movers Gapping up $Domino's Pizza (DPZ.US)$stock rose 7% after the restaurant chain hiked its dividend and gave the green light to further share repurchases. $Freshpet (FRPT.US)$stock soared 12% after the pet-food manufacturer's fourth-quarter revenue and profit topped analyst estimates, helped by a rise in sales as it boosts media spending. $PPG Industries (PPG.US)$stock rose 0.5% after the paints and coatings maker sa...
$PPG Industries (PPG.US)$PPG And Tasca Racing Extend Partnership PPG FORD DARK HORSE NITRO MUSTANG Funny Car to appear in four events this year! Cant wait to see Bob going 330MPH in a 1000 FT WooHooo! Hehehe
PPG's Q1 outlook, lower than expected, led to a 1% stock drop despite beating Q4 expectations. Anticipated increased demand in China and Mexico, along with a subdued U.S. economy, could impact future performance.
Investors appear optimistic about the company's future performance, despite its above-average P/E ratio, thanks to robust earnings growth and positive outlook.
Pre-Market Stock Movers Gapping up $Capital One Financial (COF.US)$+0.12% (The financial stock rose slightly after the company posted better-than-expected earnings for the latest quarter. Capital One reported adjusted earnings of $3.52 per share, beating a Refinitiv estimate of $3.23 per share. However, its revenue missed expectations. Total deposits also decreased 2% at the end of the second quarter.) $Scholastic Corp (SCHL.US)$+9.10% ...
In two recent paint and manufacturing conference calls, CEOs said professional contractors have surprisingly strong backlogs, despite a cooldown on the consumer front. To Cramer, this makes Home Depot a compelling stock right now, since contractors often favor the home improvement retailer. Buying$Home Depot (HD.US)$shares could be a win right now, given recent reports suggesting professional contractors are faring bette...
$McDonald's (MCD.US)$shares rose slightly on Friday, bringing shares of the fast-food giant to trade near all-time highs dating back to its 1965 initial public offering.$Eli Lilly and Co (LLY.US)$shares also gained, hitting highs back to 1952. Here are some of the other companies hitting new highs Friday: $O'Reilly Automotive (ORLY.US)$trading at all-time high levels back to its IPO in Apr, 1993 $Tractor Supply (TSCO.US)$trading at all-time h...
Gapping up $Procter & Gamble (PG.US)$+1.5% (The consumer goods giant's earnings and revenue for its fiscal third quarter topped Wall Street’s expectations. Procter & Gamble also boosted its forecast for organic sales growth for fiscal 2023 to 6% from its earlier forecast of 4% to 5%.) $CSX Corp (CSX.US)$+2.4% (CSX's first-quarter results topped expectations. The transportation company reported 48 cents per share and revenue of $3.71 bill...
$CSX Corp (CSX.US)$ — The transportation company’s shares were up 2.6% after the company’s first-quarter earnings and revenue topped analysts’ expectations. CSX posted earnings of 48 cents per share and revenue of $3.71 billion. Analysts polled by Refinitiv had anticipated earnings of 43 cents per share and $3.58 billion in revenue. $Knight-Swift Transportation (KNX.US)$ — Shares fell less than 1% after the freight transportation company reported a mis...
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Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data. Companies involved in the creation, trade, and services of digital forms of money.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S. Crypto Concept Stocks, ranked from highest to lowest based on real-time market data.
PPG Industries Stock Forum
Gapping up
$Domino's Pizza (DPZ.US)$ stock rose 7% after the restaurant chain hiked its dividend and gave the green light to further share repurchases.
$Freshpet (FRPT.US)$ stock soared 12% after the pet-food manufacturer's fourth-quarter revenue and profit topped analyst estimates, helped by a rise in sales as it boosts media spending.
$PPG Industries (PPG.US)$ stock rose 0.5% after the paints and coatings maker sa...
PPG FORD DARK HORSE NITRO MUSTANG Funny Car to appear in four events this year! Cant wait to see Bob going 330MPH in a 1000 FT WooHooo! Hehehe
Gapping up
$Capital One Financial (COF.US)$ +0.12%
(The financial stock rose slightly after the company posted better-than-expected earnings for the latest quarter. Capital One reported adjusted earnings of $3.52 per share, beating a Refinitiv estimate of $3.23 per share. However, its revenue missed expectations. Total deposits also decreased 2% at the end of the second quarter.)
$Scholastic Corp (SCHL.US)$ +9.10% ...
To Cramer, this makes Home Depot a compelling stock right now, since contractors often favor the home improvement retailer.
Buying $Home Depot (HD.US)$ shares could be a win right now, given recent reports suggesting professional contractors are faring bette...
Here are some of the other companies hitting new highs Friday:
$O'Reilly Automotive (ORLY.US)$ trading at all-time high levels back to its IPO in Apr, 1993
$Tractor Supply (TSCO.US)$ trading at all-time h...
$Procter & Gamble (PG.US)$ +1.5% (The consumer goods giant's earnings and revenue for its fiscal third quarter topped Wall Street’s expectations. Procter & Gamble also boosted its forecast for organic sales growth for fiscal 2023 to 6% from its earlier forecast of 4% to 5%.)
$CSX Corp (CSX.US)$ +2.4% (CSX's first-quarter results topped expectations. The transportation company reported 48 cents per share and revenue of $3.71 bill...
— The transportation company’s shares were up 2.6% after the company’s first-quarter earnings and revenue topped analysts’ expectations. CSX posted earnings of 48 cents per share and revenue of $3.71 billion. Analysts polled by Refinitiv had anticipated earnings of 43 cents per share and $3.58 billion in revenue.
$Knight-Swift Transportation (KNX.US)$
— Shares fell less than 1% after the freight transportation company reported a mis...
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