PPG Industries, Inc. (NYSE:PPG) [Trend Analysis] luring active investment momentum, shares a decrease -1.34% to $102.05. PPG (PPG) reported that it has reached an contract with the Pittsburgh Penguins to immediately assume naming rights for Pittsburgh’s multipurpose arena. Before known as “CONSOL Energy Center,” the facility now will be appointed“PPG PAINTS Arena.” PPG also becomes the official paint supplier of the Pittsburgh Penguins.
“As we continue to invest in building our brand, PPG PAINTS Arena offers us a exclusive platform to showcase our paint and coatings products that help protect and beautify the world,” stated Michael McGarry, PPG chairman and CEO. “This alliance with one of the most-watched sports franchises on television, enables PPG to showcase our consumer products, comprising the PPG PAINTS, GLIDDEN, OLYMPIC® paint and stain, and PITTSBURGH PAINTS & STAINS® brands, to an audience of home-improvement consumers and paint professionals. The total volume of 1.56 Million shares held in the session was surprisingly higher than its average volume of 1393.90 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 30.50%, and looking additional price to next year’s EPS is 10.27%. While take a short look on price to sales ratio, that was 1.78 and price to earning ratio of 18.88 attracting passive investors.
Several matter pinch shares of Yahoo! Inc. (NASDAQ:YHOO) [Trend Analysis], as shares surging 0.12% to $43.18 with a share volume of 9 Million. Yahoo! Inc.’s accounts were hacked in 2014 by cybercriminals rather than a state-sponsored party as the web portal claimed, according to an official with InfoArmor, a security firm.
Hackers-for-hire using pseudonyms who are well known in the underground community broke into Yahoo’s data, stated Andrew Komarov, chief intelligence officer with InfoArmor. Yahoo stated last week the attacker was a “state-sponsored actor,” and the stolen information from at least 500 million users may have included names, e-mail addresses, phone numbers, and, in some cases, un-encrypted security questions and answers.
“Yahoo was compromised in 2014 by a group of professional blackhats who were appointed to compromise consumer databases from a variety of different targeted organizations,” Scottsdale, Arizona-based InfoArmor stated Wednesday in a report.
“The Yahoo data leak as well as the other notable exposures, opens the door to important opportunities for cyber-espionage and targeted attacks to occur.” The stock is going forward its 52-week low with 65.12% and moving down from its 52-week high price with -3.87%. To have technical analysis views, liquidity ratio of a firm was calculated 6.00 as evaluated with its debt to equity ratio of 0.04. The float short ratio was 5.36%, as compared to sentiment indicator; Short Ratio was 3.97.