PPG Industries and Rockwood Under Review: Auto Industry Boom
LONDON, January 25, 2013
LONDON, January 25, 2013 /PRNewswire/ --
The specialty chemicals industry managed to navigate the recession with
greater success than many, as its exposure to a number of different markets
and industries provided it with stability. StockCall has taken the latest
round of data to release new technical analysis on Rockwood Holdings Inc.
(NYSE: ROC) and PPG Industries Inc. (NYSE: PPG). Register today and find out
more about these free reports at http://www.stockcall.com/technicalanalysis
Now that major economies such as China and the U.S. are showing encouraging
signs, companies in the industry, such as Rockwood and PPG Industries, could
stand to benefit further. A strong auto market in the U.S. has also been
propelling companies forward, and with low interest rates and pent up demand,
2013 could be another strong year. Sign up today and download the free report
on Rockwood Holdings at http://www.StockCall.com/ROC012513.pdf
Several companies in the industry have also been adding to the positive
outlook through solid financial results. PPG Industries had an excellent 4 ^th
quarter, newly reporting that net sales hit $3.6 billion as compared to $3.5
billion a year ago. Net income was also impressive, coming in at $227 million,
a significant increase over last year's $216 million. A strong performance
from the company's coatings businesses was cited as one reason for the stellar
quarter. PPG Industries free analysis is a click away at
Elsewhere in the industry, a number of companies have been focusing on
improving their appeal and value to shareholders via repurchase programs.
Rockwood falls into this category, as it newly announced that its Board of
Directors has authorized the repurchase of up to an aggregate of $400 million
of common stock.
StockCall.com is a financial website where investors can have easy, precise
and comprehensive research and opinions on stocks making the headlines. Sign
up today to talk to our financial analyst at http://www.stockcall.com
Contact: William T. Knight, Email: email@example.com, Contact Number:
+1-646-396-9857 (9:00 am EST - 01:30 pm EST)
Press spacebar to pause and continue. Press esc to stop.