PPG Industries reported record third quarter sales of $2.8 billion, a 10% increase over the prior year's record quarter. Net income was $90 million, including after-tax charges. For the first nine months of 2006, PPG recorded net income of $554 million on sales of $8.26 billion, including various after-tax charges. The company's chairman said the results demonstrate the ability to deliver profitable growth in today's global economy and anticipates continued strong performance.
Charlotte, NC web design firm creates unique, engaging websites, application development, interactive flash, strategy and internet marketing that makes a big noise.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
USDA Loans in California: A Comprehensive Overview.pptx
ppg industries 3Q 06 Earnings Pres sRelease
1. PPG Industries, Inc.
One PPG Place
Pittsburgh, Pennsylvania 15272 USA
www.ppg.com
Contact:
News Jack Maurer
412-434-2181
Investors:
Vince Morales
412-434-3740
PPG posts record third quarter sales, second-highest quarterly sales ever
Double-digit increase over prior year’s record quarter demonstrates solid growth
PITTSBURGH, Oct. 19, 2006 – PPG Industries (NYSE:PPG) today reported record sales for
the third quarter of $2.8 billion, surpassing third quarter 2005 record sales by 10 percent. The
performance marks the second-highest sales for any quarter in the company’s history. Third
quarter 2006 net income was $90 million, or 54 cents a share. Net income includes aftertax
charges of $106 million, or 64 cents a share, for previously announced estimated environmental
remediation costs at sites in New Jersey and Louisiana; $21 million, or 12 cents a share, for
legal settlements, including the previously announced settlement charge for a federal class-
action lawsuit related to alleged antitrust violations in the U.S. automotive refinish industry; and
$4 million, or 2 cents a share, to reflect the net increase in the current value of the company' s
obligation under its asbestos settlement agreement first reported in May 2002. Net income also
includes aftertax earnings of $7 million, or 4 cents a share, for an insurance recovery.
That compares with third quarter 2005 net income of $157 million, or 92 cents a share, which
included aftertax charges of $37 million, or 22 cents a share, for legal settlements; $11 million,
or 6 cents a share, for direct costs related to the impact of hurricanes Katrina and Rita; and $3
million, or 2 cents a share, to reflect the net increase in the current value of the company'
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obligation under its asbestos settlement agreement. Net income also included aftertax earnings
of $12 million, or 7 cents a share, for insurance recoveries. Sales for third quarter 2005 were
$2.55 billion.
For the first nine months of 2006, PPG recorded net income of $554 million, or $3.33 a share,
which includes aftertax charges of $106 million, or 64 cents a share, for previously announced
estimated environmental remediation costs at sites in New Jersey and Louisiana; $26 million, or
15 cents a share, for legal settlements; $23 million, or 14 cents a share, for business
restructuring; and $14 million, or 8 cents a share, to reflect the net increase in the current value
of the company' obligation under the asbestos settlement agreement. Net income also
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includes aftertax earnings of $24 million, or 14 cents a share, for insurance recoveries. Sales
for the first three quarters of 2006 were $8.26 billion.
For the first nine months of 2005, PPG recorded net income of $483 million, or $2.81 a share,
which included aftertax charges of $128 million, or 74 cents a share, for legal settlements; $11
million, or 6 cents a share, for direct costs related to the impact of hurricanes Katrina and Rita;
$12 million, or 7 cents a share, for debt refinancing costs; and $10 million, or 6 cents a share, to
reflect the net increase in the current value of the company' obligation under the asbestos
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settlement agreement. Net income also included aftertax earnings of $12 million, or 7 cents a
share, for insurance recoveries. Sales for the first nine months of 2005 were $7.7 billion.
“Our record third quarter financial results demonstrate our ability to consistently deliver
profitable growth in today' changing global economy,” said Charles E. Bunch, chairman and
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2. chief executive officer. “This marks the fourteenth consecutive quarter of year-over-year sales
records for PPG. The third quarter’s double-digit sales growth is driven by our recent
acquisitions and strong performance in Europe and Asia. Our results also reflect our continued
efforts to reduce costs.
“Looking ahead,” Bunch said, “even with growth moderating in North America, we anticipate
solid global economic growth and expect our excellent financial performance and cash
generation to continue.” Bunch said that the cash generated will continue to reward
shareholders and remain balanced between investing in PPG’s businesses to generate future
earnings growth and funding dividends and share buybacks. Bunch added that PPG expects an
increased level of share buybacks in the next quarter versus the previous quarters this year.
Coatings sales increased $209 million, or 15 percent, due to the impact of acquisitions,
improved selling prices across all businesses, the positive impact of stronger foreign currencies
and improved sales volumes, particularly in Asia and Europe. Operating earnings were down
$25 million as a result of a pretax charge of $23 million for a legal settlement and the absence
of a pretax $18 million insurance recovery received in 2005. Earnings benefited from the higher
sales volumes, while price gains offset the negative impact of inflation.
Glass sales increased $10 million, or 2 percent, as a result of higher volumes in several
businesses. Strengthening foreign currencies were offset by a decrease in selling prices.
Operating earnings were up $76 million due to the absence of a $61 million legal settlement
recorded in 2005. Also contributing were strong manufacturing efficiencies and increased equity
earnings, which more than offset inflation and lower selling prices.
Chemicals sales increased $36 million, or 6 percent, as a result of increased volumes in most
businesses, acquisitions in the company’s optical products business and strengthening foreign
currencies. Operating earnings were down $151 million primarily as a result of a pretax charge
of $173 million for environmental remediation. Higher costs, including increased advertising
expenses in PPG’s optical products business, were partially offset by improved selling prices,
increased volumes and lower inflation. Earnings were aided by an insurance recovery for
damage caused by Hurricane Rita and the absence of 2005 direct costs related to hurricanes.
Additional Information
Recorded comments by William H. Hernandez, senior vice president and chief financial officer,
regarding third quarter 2006 results may be heard by telephone at 412-434-2816 until 5 p.m.
ET on Friday, Oct. 27. The commentary will also be available on PPG' Web site
s
rd
(www.ppg.com) at Investor Center/Financial, 3 Qtr Financial Commentary. The commentary
may include forward-looking statements or other material information. Additional information,
including historical performance, is also available at Investor Center/Financial on PPG' Web
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site.
Forward-Looking Statements
Statements in this news release relating to matters that are not historical facts are forward-
looking statements reflecting the company' current view with respect to future events or
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objectives and financial or operational performance or results. These matters involve risks and
uncertainties as discussed in PPG Industries' periodic reports on Form 10-K and Form 10-Q
filed with the Securities and Exchange Commission. Accordingly, many factors could cause
actual results to differ materially from the company' forward-looking statements.
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3. Among these factors are increasing price and product competition by foreign and domestic
competitors, fluctuations in cost and availability of raw materials and energy, the ability to
maintain favorable supplier relationships and arrangements, economic and political conditions
in international markets, foreign exchange rates and fluctuations in such rates, and the
unpredictability of possible future litigation, including litigation that could result if the asbestos
settlement discussed in PPG' filings with the SEC does not become effective. However, it is
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not possible to predict or identify all such factors. Consequently, while the list of factors
presented here is considered representative, no such list should be considered to be a
complete statement of all potential risks and uncertainties. Unlisted factors may present
significant additional obstacles to the realization of forward-looking statements.
Consequences of material differences in results as compared with those anticipated in the
forward-looking statements could include, among other things, business disruption, operational
problems, financial loss, legal liability to third parties and similar risks, any of which could have
a material adverse effect on PPG' consolidated financial condition, operations or liquidity.
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