NEW YORK, August 21, 2013 /PRNewswire/ --
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Today, Investors' Reports announced new research reports highlighting PPG Industries Inc. (NYSE: PPG), The Valspar Corporation (NYSE: VAL), Rockwood Holdings, Inc. (NYSE: ROC), Albemarle Corp. (NYSE: ALB), and International Flavors & Fragrances Inc. (NYSE: IFF). 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
On August 5, 2013, PPG Industries Inc. (PPG Industries) announced that the George W. Bush Presidential Center in Dallas was constructed using ECOLOGICAL SOLUTIONS FROM PPG™ portfolio. The portfolio includes SOLARBAN(R) 70XL STARPHIRE(R) glass, CORAFLON(R) ADS (Air-Dried System) coatings, PURE PERFORMANCE(R) paint and SEAL GRIP(R) priming products that are engineered to reduce energy consumption, protect the environment and offer additional "green" benefits. 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.investorsreports.com/report/2013-08-14/PPG]
The Valspar Corporation Research Report
On August 13, 2013, The Valspar Corp. (Valspar) reported its Q3 FY 2013 financial results (period ended July 26, 2013). Net sales increased 1% YoY to $1.1 billion. Adjusted net income totaled $96.4 million, or $1.07 per diluted share, in Q3 FY 2013, compared to adjusted net income of $90.8 million, or $0.97 per diluted share, in Q3 FY 2012. "We continue to drive strong volume growth from our new business initiatives in the consumer paint, packaging and wood product lines," said Gary E. Hendrickson, Chairman and CEO. "However, sales and earnings finished slightly below our expectations for the quarter due to continued macro-economic headwinds in key general industrial market segments and certain international regions." The Company updated its FY 2013 adjusted EPS guidance to $3.45 to $3.55. The Full Research Report on The Valspar Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/VAL]
Rockwood Holdings, Inc. Research Report
On August 5, 2013, Rockwood Holdings, Inc. (Rockwood) reported its Q2 2013 financial results. Net sales increased 7.8% YoY to $822.3 million. Total adjusted EBITDA declined to $165.7 million from $221.1 million in Q2 2012 primarily due to weak Titanium Dioxide Pigments performance. Net income stood at $32.3 million, or $0.41 per diluted share, in Q2 2013, down compared to $224.9 million, or $2.81 per diluted share, in Q2 2012. Commenting on the outlook, Seifi Ghasemi, Chairman and CEO, said, "For the second half of the year, we expect our Lithium and Surface Treatment businesses to continue to show growth and maintain strong margins. Further, we believe that our Titanium Dioxide business will achieve a turn-around with Adjusted EBITDA margins trending in excess of 10%." The Full Research Report on Rockwood Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/ROC]
Albemarle Corp. Research Report
On August 7, 2013, Albemarle Corp. (Albemarle) announced the start-up of a new catalyst manufacturing plant at its facility in Yeosu, South Korea. According to the Company, the plant will produce single site metallocene catalysts as well as catalyst components such as methylaluminoxane (MAO). "The commercial unit in Yeosu is the latest in a series of investments that we have undertaken to meet the growing global demand for metallocene and single site finished catalysts," said Amy Hebert, Vice President of Albemarle's Catalysts Global Business Unit. "With these new assets, we are not only increasing capacity and improving our portfolio, we are bringing the finished product closer to the end-user." The Full Research Report on Albemarle Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/ALB]
International Flavors & Fragrances Inc. Research Report
On August 6, 2013, International Flavors & Fragrances Inc. (IFF) reported its Q2 2013 financial results with reported net sales of $757.6 million, an increase of 5% YoY. Net income stood at $102.3 million, or $1.24 per diluted share, in Q2 2013, compared to $88.6 million, or $1.08 per diluted share, in Q2 2012. Doug Tough, Chairman and CEO of IFF said, "By focusing on expanding our geographic reach, strengthening our innovation platform and maximizing the value of our portfolio, we achieved strong top-line growth and margin expansion. Our profitability metrics, including gross profit margin, adjusted operating profit margin and adjusted net income margin, were all ahead of the prior year figures." The Full Research Report on International Flavors & Fragrances Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-14/IFF]
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