Seeking 2013 focus

Fourth-quarter earnings reports over the next few weeks should provide more clarity about 2013. PPG Industries was the first major chemical maker to report results for the December quarter and met expectations (p. 6). PPG chairman and CEO Charles Bunch said he anticipates economic trends will remain varied in 2013, with a solid growth bias remaining in North America, improving growth in Asia, and subdued activity levels in Europe. Bunch was optimistic about the company’s prospects in the company’s investor call last week, noting that it expects...

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