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Owens Corning OC will release its fourth-quarter financial results after the closing bell on Monday, Feb. 24.
Owens Corning (OC) closed the most recent trading day at $174.13, moving -1.96% from the previous trading session.
Besides Wall Street's top -and-bottom-line estimates for Owens Corning (OC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
OC refines its portfolio, boosting its focus on building products with a $755 million sale of glass reinforcements.
Construction equipment maker Owens Corning said on Friday it has agreed to sell its glass reinforcements business to India-based Praana Group in a deal valued at $755 million.
TOLEDO, Ohio & MUMBAI, India--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, and Praana Group, an India-based holding group that operates a diverse portfolio of companies primarily serving the industrial sector, announced today that they have signed a definitive agreement for the sale of Owens Corning's glass reinforcements business to Praana Group (through its subsidiaries) at an enterprise value of $755,000,000. This sale is a part of Owens C.
Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Owens Corning (OC) and James Hardie (JHX). But which of these two stocks is more attractive to value investors?
Owens Corning (OC) closed at $178.28 in the latest trading session, marking a -1.03% move from the prior day.
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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today announced an investment in shingle manufacturing capacity with the addition of a new facility in the southeastern United States. The strategic investment will expand the company's Roofing manufacturing network, enhancing Owens Corning's ability to meet the strong and growing demand for its shingles. Gunner Smith, Roofing President, said, “We are focused on offering unmatched val.