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AXTA News and Press, Axalta Coating Systems Ltd. From 09/09/21

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Company Name: Axalta Coating Systems Ltd.
Stock Symbol: AXTA
Market: NYSE
Website: axalta.com

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AXTA - Citi downgrades paint stocks citing raw material inflation

Citi fires off downgrades on paint companies PPG (PPG +2.1%), Axalta Coating (AXTA +1.6%), and Sherwin-Williams (SHW +0.0%) after both PPG and Sherwin-Williams lowered Q3 guidance. "Shortages, pricing headwinds, and the effect of the semi shortage on Auto OEM builds" have led to the lower out...

AXTA - Sherwin-Williams lowers Q3 sales guidance citing raw material inflation

Sherwin-Williams (NYSE:SHW) lowers its Q3 21 guidance to "up or down by a low-single digit percentage over third quarter 2020" from up a mid-to-high single digit percentage. Raw material availability negatively affected Sherwin-Williams sales by about 3.5% in Q2, and executives had previ...

AXTA - Axalta to showcase coatings for electric vehicle batteries and motors at the Novi Battery Show

Axalta to showcase coatings for electric vehicle batteries and motors at the Novi Battery Show New Plascoat® thermoplastic powder combines corrosion, dielectric, stone chip and fire protection into a single layer of coating PR Newswire GLEN MILLS, Pa. , Se...

AXTA - Tracking John Rogers' Ariel Investments Portfolio - Q2 2021 Update

Ariel Investments’ 13F portfolio value increased from $10.15B to $10.64B this quarter. They added ADT Inc. and increased ViacomCBS, while decreasing Philip Morris and Meredith Corp. The top three positions are Baidu, Philip Morris, and Lazard, and they add up to ~11% of the...

AXTA - Axalta Coating Systems names new chairperson

Axalta Coating Systems (NYSE:AXTA) announces that Mark Garrett has stepped down as a member and Chair of its Board of Directors, effective August 26, 2021, due to his increasing professional commitments in Europe. The board has appointed William M. Cook as i...

AXTA - Tracking Wallace Weitz's Weitz Investment Management Portfolio - Q2 2021 Update

Wallace Weitz's 13F portfolio value increased from $2.26B to $2.37B this quarter. The number of positions remained steady at 60. Weitz Investment Management added Roper Technologies and increased Dun & Bradstreet while dropping Box Inc. and Summit Materials. The top three posi...

AXTA - Axalta receives Best Supplier Award CAOA Chery in Brazil

Axalta receives Best Supplier Award CAOA Chery in Brazil Company also recognized in Innovation and Excellence in Direct Purchase for outstanding performance in 2020 PR Newswire SÃO PAULO, Aug. 23, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading glob...

AXTA - Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q2 2021 Update

Berkshire Hathaway's 13F stock portfolio value increased from $270.44B to $293.02B this quarter. Their largest three holdings are at ~64% of the entire portfolio. Berkshire Hathaway increased Kroger while reducing Merck and Liberty Global during the quarter. For further deta...

AXTA - Warren Buffett's Berkshire Hathaway exits Axalta Coating, boosts Kroger stake

Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) exits its investments in Axalta Coating Systems (NYSE:AXTA) and Biogen (NASDAQ:BIIB), according to its latest 13F filing. Boosts stake in supermarket chain Kroger (NYSE:KR) to 61.8M as of June 30, 2021 from 51.1M as of March 31, 2021. The investmen...

AXTA - Axalta announces two scientists achieve prestigious title of Axalta Fellow

Axalta announces two scientists achieve prestigious title of Axalta Fellow Dr. Carmen Flosbach and Dr. Michael Koerner recognized for their significant scientific accomplishments, technology leadership and commercial contributions to Axalta PR Newswire PHILADELPHIA...

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