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PPG Industries Inc.

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PPG Industries swung to a loss on a reported basis in the third quarter of 2016, hurt by hefty pension settlement charges.  Adjusted earnings matched the Zacks Consensus Estimate while sales missed. The company sees a modest improvement in global demand in the fourth quarter.  PPG Industries is exposed to significant currency headwind. Moreover, the company faces macroeconomic challenges and some of its end-markets including marine still remain sluggish. PPG Industries is also exposed to volatility in raw materials and energy costs.

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