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2013

Financials Build Leverage for Chemical Makers - Research Report on PPG Industries, Inc., Huntsman Corporation, E I Du Pont De Nemours And Co, Praxair, Inc. and HB Fuller Co

NEW YORK, March 1, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting PPG Industries, Inc. (NYSE: PPG), Huntsman Corporation (NYSE: HUN), E I Du Pont De Nemours And Co (NYSE: DD), Praxair, Inc. (NYSE: PX) and HB Fuller Co (NYSE: FUL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

PPG Industries, Inc. Research Report

PPG Industries have announced a reshuffle in its management team following the previously announced retirement of Executive Vice President J. Rich Alexander on March 1 this year after 34 years at the company. The two other executive vice presidents Michael H. McGarry and Viktoras R. Sekmakas will be taking on new responsibilities in place of Alexander, assuming the leadership of PPG's architectural coatings, flat glass, and fiberglass businesses, among other duties. Meanwhile, vice president of automotive OEM coatings Jean-Marie Greindl will now also be president of PPG EMEA aside from his current position. Vice president of corporate communications and marketing Bryan N. Iams will assume responsibility for the company's government and community affairs functions in addition to his current role, and is now PPG's vice president of corporate communications, marketing, and government and community affairs. Meanwhile, the company's stock is up $1.41 or 1.1 percent to $131.71 on light volume, with 806,816 shares exchanging hands. The Street rates PPG as a "buy," with strengths in revenue, profit margins, earnings per share, and net income. The Full Research Report on PPG Industries, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/b4d7_PPG]

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Huntsman Corporation Research Report

Huntsman announced that it will be increasing global prices of its main product, titanium-dioxide pigment, effective March 15 this year. The company is the world's third largest producer of the said pigment, which is used as a white pigment in coatings. Prices will be raised 10 cents per pound in North America while one ton of the pigment will cost $300 more in Europe, Africa, the Middle East, and the Asia-Pacific Region. With this, the company's non-pigment businesses have been projected to have a record year in 2013. Meanwhile, Huntsman recently reported its Q4 2012 financial results, posting earnings of 24 cents per share and revenue of $2.62 million. Both were lower numbers when compared year over year, but met analyst expectations. This year, the company expects to spend roughly $450 million on capital expenditures, while pension expenses are seen to rise by around $25 million in 2013. Adjusted effective tax rate is forecast to be 35%, higher than 30% in 2012. The Full Research Report on Huntsman Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f510_HUN]

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E I Du Pont De Nemours And Co Research Report

DuPont, which also has business interests in agriculture, says it can increase wheat yields by 15 to 20 percent if it is able to manufacture a hybrid version of the widely planted grain, of which the company has been trying to develop through conventional and biotechnological approaches with Syngenta AG. Management says wheat has been lagging productivity-wise due to a lack of genetic modification efforts to boost yields, and would be a great opportunity for the company to protect intellectual property in wheat hybrids than the inbred varieties currently available, as hybrid seed saved from a prior harvest produce less grain. Meanwhile, the company also announced the commercialization of its two advanced renewable fuels: cellulosic ethanol, made from agricultural residues and dedicated energy crops, and biobutanol, a high-performance "drop in" fuel fully compatible with the current fuel and vehicle systems. The Full Research Report on E I Du Pont De Nemours And Co - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0bb1_DD]

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Praxair, Inc. Research Report

Praxair recently announced the offering of $900 million worth of notes, which will consummate on February 21, 2013. The notes will be given effect through the issuing of $400 million of 0.75 percent notes due in 2016 and $500 million of 2.70 percent notes due in 2023, expected to yield 0.771% and 2.740% on maturity, respectively. The offer price for 0.75 percent notes has been fixed at 99.938 percent of principal amount while at 99.652 percent for 2.70 percent notes. Previously, the company offered $700 million in November 2012, $500 million in August 2012 and $600 million in February 2012. Meanwhile, the company added California-based beverage carbonator, NuCO2 Inc. under its fold earlier this month, at a $1.1 billion deal together with private equity firm Aurora Capital. NuCO2 has operations in over 162,000 locations in the United States and is popular among restaurants and hospitals, which could generate approximately $250 million in revenue in 2013. The Full Research Praxair, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/e678_PX]

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HB Fuller Co Research Report

HB Fuller has been updated by Deutsche Bank from "hold" to "buy" and raised the price target from $42 to $47. The investment bank said the company is meeting its 5-year financial targets in early 2011, with 6% organic growth and EBITDA margin +80 bps to 11.7% in 2012, with the potential of the transformative $405MM Forbo acquisition to meet 2015 targets. The bank also said it was previously skeptical with the proposed plan, as organic sales growth of 5-8% seemed unreachable given volumes had declined in 7 of the prior 10 years, as well as the 15% EBITDA margin target appeared aspirational vis-à-vis the 10.9% EBITDA margin in 2010. Meanwhile, the company recently paid out a dividend of 8 cents per share on February 21 this year. The Full Research Report on HB Fuller Co - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0726_FUL]

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Consider Investors Alliance

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.

Contact: Patricia Byers
Email: press@investors-alliance.com
Main: +1-480-745-7826


SOURCE Investors-Alliance



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