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PPG Industries Cut To Neutral By Merrill Lynch

Post Time:Apr 01,2009Classify:Company NewsView:283

LONDON -- PPG Industries was downgraded to neutral from buy at Merrill Lynch, with the broker citing incremental weakness in caustic soda, ongoing deterioration in architecture, aerospace, protective and marine coatings, expected pressure in glass given weaker nonresidential construction and continued broad-based industrial demand weakness.

Source: MarketWatchAuthor: shangyi

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