PITTSBURGH-- PPG Industries said Thursday that its third-quarter net income rose 9 percent as it took advantage of cost reductions and strong sales of coatings. The Pittsburgh company said it made $339 million, or $2.18 per share, compared with $311 million, or $1.96 per share, a year earlier.
White is the most popular color for the second year in a row after overtaking silver in 2011. The annual rankings are compiled by automotive paint supplier PPG Industries Inc., a Pittsburgh- based company that provides paints to General Motors Co., Ford Motor Co., BMW AG and others. By comparison, 19 percent of midsize cars made in North America are white.
"This matter requires more attention," Jeremie Waterman, head of the U.S. Chamber of Commerce's China division, told a U.S. government panel hosted by the U.S.
Executives who realize they have to do something to improve their fortunes are being rewarded, Cramer said.
Take a look at some of Thursday's midday movers:
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Charles Bunch, PPG Industries chairman & CEO, discusses his company's better-than-expected earnings.
Charles Bunch, PPG Industries chairman & CEO, discusses his company's better-than-expected earnings and how his business is profiting from the ultra-low price of natural gas, with Mad Money's Jim Cramer.
Jim Cramer’s researcher, Nicole Urken, takes a look at some beneficiaries of low nat gas prices leading into earnings.
Jim Cramer’s researcher, Nicole Urken, discusses how the ebullience at the NYC marathon this past weekend stands in contrast to the eurozone mood and is an analogy of the divergence in market conditions.
Cramer makes the call on viewers' favorite stocks.
The only thing that determines why a stock goes up on any given day is what’s going on in Europe, Cramer says.
Chuck Bunch, CEO of PPG Industries, speaks about his company's future prospects.
PPG Industries is the kind of stock investors need to have on their shopping list the next time there is a sell-off in the markets, says Mad Money's Jim Cramer, discussing the company's future outlook, with Chuck Bunch, PPG Industries chairman/CEO.
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CEO Charles Bunch told Cramer he expects a "solid economic picture" going forward.
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