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People & Business :: Companies

April 25, 2007

Early Earnings Are Mixed; Weak End Markets to Drag Down Profits

Kerri Walsh

PPG Industries reported first-quarter net income down about 4%, to $199 million ($1.20/share), excluding a $5-million charge (3 cts/share) related to an asbestos settlement, on sales up 11%, to $2.9 billion. Earnings include a 10-cts/share tax benefit. The...

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