PPG Industries (PPG) Showing Support At $57.43 With S&P 5 Star Strong Buy Rating - Zibb.com

Nov 06, 2009 (Fresh Brewed Media via COMTEX) --

PPG Industries (NYSE: PPG) closed yesterday at $59.19. So far the stock has hit a 52-week low of $28.16 and 52-week high of $62.31. PPG Industries stock has been showing support around 57.43 and resistance in the 60.23 range. Technical indicators for the stock are Bullish and S&P gives PPG a very positive 5 STAR (out of 5) strong buy rating. PPG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 55 covered call (PPG AK) for a net debit in the $53.79 area. That is also the break even stock price for this trade. This covered call has a 71 day duration, provides 9.12% downside protection and a 2.25% assigned return rate for an 11.56% annualized return rate (comparison purposes only). PPG Industries has a current annual dividend yield of 3.66%.

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Tags: dividend   investment opinion   nyse   research   S&P   trade   yield  

Companies: PPG Industries, Inc. (PPG)

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PPG Industries (PPG) Showing Bullish Technicals And S&P Gives The Stock A Very Positive 5 STARs

Oct 28, 2009 (Fresh Brewed Media via COMTEX) --

PPG Industries (NYSE: PPG) closed yesterday at $59.00. So far the stock has hit a 52-week low of $28.16 and 52-week high of $62.31. PPG Industries stock has been showing support around 57.38 and resistance in the 60.28 range. Technical indicators for the stock are Bullish and S&P gives PPG a very positive 5 STAR (out of 5) strong buy rating. PPG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 55 covered call (PPG AK) for a net debit in the $53.80 area. That is also the break even stock price for this trade. This covered call has an 80 day duration, provides 8.81% downside protection and a 2.23% assigned return rate for a 10.18% annualized return rate (comparison purposes only). PPG Industries has a current annual dividend yield of 3.57%.

WBA-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: dividend   nyse   research   S&P   trade   yield  

Companies: PPG Industries, Inc. (PPG)

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PPG Industries, Inc. (PPG) Corporate Event Announcement Notice - Zibb.com

Oct 07, 2009 (Wall Street Horizon via COMTEX) --

PPG Industries, Inc. (PPG)

Expected next earnings release:
Announcement date: 10/15/2009 - Before Market
Earnings Quarter: Q3
Announcement Status: Verified

Expected next investor conference call information:
Conference Call Date: 10/15/2009
Conference Call Time (ET): 10:00 AM
Conference Call URL: http://corporateportal.ppg.com/na/corp/InvestorCenter

Expected next dividend:
Dividend Announcement Date: 7/16/2009
Dividend Record Date: 8/10/2009
Dividend Pay Date: 9/11/2009
Dividend Amount: 0.53

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Tags: conference   corporate   dividend   earnings   market  

Companies: PPG Industries, Inc. (PPG)

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PPG Industries Earnings Improve - Zibb.com

Oct 16, 2009 (Zacks.com via COMTEX) --

Global paints and coatings supplier PPG Industries (PPG) reported third quarter earnings of $161 million or 96 cents, better than the Zacks Consensus Estimate of 89 cents. Although earnings were down 29% year on year, results improved considerably sequentially on cost reduction. PPG Industries had reported earnings of 19 cents and 91 cents in the first and second quarters of 2009, respectively.

Reported sales of $3.2 billion for the quarter was a decline of 24% from the same period of the previous year, driven by lower sales volumes and prices. The segmental break-up is as follows:

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Companies: PPG Industries, Inc. (PPG)

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