Owens Corning

Type: Company
Name: Owens Corning
First reported Oct 23 2014 - Updated 7 hours ago - 3 reports

Owens Corning (OC) Showing Support Near $30.27

After closing Thursday at $31.66, Owens Corning (OC) presents an attractive opportunity to get a 2.96% return in just 57 days, which is an annualized return of 18.93% (for comparison purposes only). To enter this trade, sell one Dec. '14 $31.00 call for ... [Published MarketIntelligenceCenter.com - 7 hours ago]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Huge hit for local plant

The Owens Corning plant on York Road is to lose two-thirds of its jobs as the Ohio-based company shifts some production to its Mexican facilities.“Employment will be reduced to roughly one-third of the present level, but this will occur in 2016,” company ... [Published Guelph Tribune - Oct 23 2014]
First reported Oct 22 2014 - Updated Oct 23 2014 - 1 reports

Downtrend Call Working As Owens Corning Stock Falls 16.8% (OC)

SmarTrend identified a Downtrend for Owens Corning (NYSE:OC) on June 20th, 2014 at $39.19. In approximately 4 months, Owens Corning has returned 16.82% as of today's recent price of $32.6 ... [Published Individual.com - Oct 22 2014]
First reported Oct 22 2014 - Updated Oct 23 2014 - 2 reports

Update: Owens Corning Q3 Earnings - Momentum Continues In Insulation And Composites But Roofing Pricing Weak

Summary Revenue and EPS rose Y/Y but sales missed estimates slightly. Insulation and composites businesses delivered strong performance in Q3 but roofing delivered only thanks to lower pricing and margins. September sell-off didn’t spare Owens Corning ... [Published Seeking Alpha - Oct 23 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 2 reports

Top 4 NYSE Stocks In The General Building Materials Industry With The Lowest PEG Ratio

Below are the top general building materials stocks on the NYSE in terms of PEG ratio. Owens Corning (NYSE: OC) has a PEG ratio of ... ... [Published Austin American Statesman - Oct 23 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Owens Cornings' employees shocked by future layoffs in Guelph

Workers at a Guelph fiberglass plant are shocked after learning that their jobs are in jeopardy as employer Owens Corning plans to move a significant portion of its production line to Tlaxcala, Mexico in 2016.The company's workforce at its facility in ... [Published CBC - Oct 23 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Owens Corning Hasn't Collapsed Yet, But The Warning Signs Are There

Summary Owens Corning reports a "beat" on adjusted EPS, but that figure adjusts for negative one-time items and not positive one-time items. Actual EPS misses expectations. Despite the supposed beat in earnings for Q3, management reduces guidance on ... [Published Seeking Alpha - Oct 23 2014]
First reported Oct 22 2014 - Updated Oct 23 2014 - 1 reports

Owens Corning tops 3Q profit expectations

The Toledo, Ohio-based company said it had profit of 44 cents per share. Earnings, adjusted for non-recurring costs and pretax expenses, were 63 cents per share. The results topped Wall Street expectations. ... ... [Published Yahoo! Finance UK and Ireland - Oct 22 2014]
First reported Oct 22 2014 - Updated Oct 23 2014 - 1 reports

Owens Corning Posts Strong Bottom Line Results

Shares of Owens Corning (NYSE: OC) are showing strength on Wednesday following the company’s positive earnings ... ... [Published Crawford Financial Planning - Oct 22 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Owens Corning Q3 Profit Rises; Sees Weakness In Roofing Market Shipments

- Composites and building materials company Owens Corning (OC) onWednesday reported a 2 percent increase in profit for the thirdquarter from last year, reflecting higher revenues and slightlylower expenses that helped offset an increase in one-time charges. ... [Published E-Forex - Oct 23 2014]
Entities: Owens Corning, Market
First reported Oct 22 2014 - Updated Oct 22 2014 - 5 reports

Owens Corning Trading Up 4.3% After Strong Earnings (OC)

Owens Corning (NYSE:OC) shares were up 4.3% during mid-day trading on Wednesday after the company announced better than expected quarterly earnings, American Banking News reports. The company traded as high as $33.26 and last traded at $32.01, with a ... [Published American Banking News - Oct 22 2014]
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

Owens Corning Reports Third-Quarter 2014 Results

Third-quarter 2014 adjusted earnings were $74 million"Insulation and Composites delivered strong performance in the third quarter," said Mike ThamanConsolidated Third-Quarter 2014 Highlights The company previously disclosed that the Insulation business ... [Published Wall Street Select - Oct 22 2014]

Quotes

The weak roofing Q3 performance and outlook confirms my cautious stance towards Owens Corning which I expressed in my updated thesis : "I believe the company's woes are not over and pressure will continue to plague the company's margins." Due to weak Q3 results and lower guidance, I am lowering my target price slightly to $36 per share, which now provides a solid ~14% upside thanks to...
"The product we're losing is the chopped strand mat, which is very labour intensive," said Andrews. "To run a line, we need 13 guys on"
"We have contract language that governs how people leave in layoff situations or transferring from one job to another," he said. "What the exit plan would be for 100 workers, I have no idea yet."
"We rate OWENS CORNING (OC) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

More Content

All (390) | News (200) | Reports (0) | Blogs (173) | Audio/Video (2) | Fact Sheets (2) | Press Releases (13)
sort by: Date | Relevance
United Way Day of Caring is Nov. 1 [Published Batesville Herald Tribune - 6 hours ago]
Owens Corning (OC) Showing Support Near $30.27 [Published MarketIntelligenceCenter.com - 7 hours ago]
Owens Corning Earns “Buy” Rating from Jefferies... [Published Mideast Time - 21 hours ago]
Huge hit for local plant [Published Guelph Tribune - Oct 23 2014]
Owens Corning Earns “Equal Weight” Rating from ... [Published American Banking News - Oct 23 2014]
Thursday’s Analyst Moves: AT&T Inc., Lockheed M... [Published Dividend.com - Oct 23 2014]
Analysts' Actions: Alibaba, Boeing, 3D Systems,... [Published The Street Latest - Oct 23 2014]
Update: Owens Corning Q3 Earnings - Momentum Co... [Published Seeking Alpha - Oct 23 2014]
Owens Corning (OC) Showing Support Near $30.33 [Published MarketIntelligenceCenter.com - Oct 23 2014]
Top 4 NYSE Stocks In The General Building Mater... [Published Austin American Statesman - Oct 23 2014]
Top 4 NYSE Stocks In The General Building Mater... [Published Benzinga.com - Oct 23 2014]
Owens Cornings' employees shocked by future lay... [Published CBC - Oct 23 2014]
Owens Corning Hasn't Collapsed Yet, But The War... [Published Seeking Alpha - Oct 23 2014]
Owens Corning Q3 Profit Rises; Sees Weakness In... [Published E-Forex - Oct 23 2014]
Notable Neighbors: Jim Noble [Published Shelburne News - Oct 23 2014]
New vibe for the Valentine [Published Toledo City Paper - Oct 22 2014]
Guelph manufacturing plant will cut 70 per cent... [Published Inside Halton - Oct 22 2014]
Owens Corning's (OC) CEO Mike Thaman on Q3 2014... [Published Seeking Alpha - Oct 22 2014]
Owens Corning Trading Up 4.3% After Strong Earn... [Published American Banking News - Oct 22 2014]
Why Owens Corning (OC) Stock Is Gaining Today [Published The Street Latest - Oct 22 2014]
Downtrend Call Working As Owens Corning Stock F... [Published Individual.com - Oct 22 2014]
Owens Corning Posts Strong Bottom Line Results [Published Crawford Financial Planning - Oct 22 2014]
Pisani's market open: Industrial earnings [Published CNBC - Oct 22 2014]
Guelph manufacturing plant to cut 70 per cent o... [Published Guelph Mercury - Oct 22 2014]
Best Relative Performance in the Buildin... [Published Financial News Network online - Oct 22 2014]
Cradle to Cradle Products Innovation Institute ... [Published KFMB-TV - Oct 22 2014]
Owens Corning (OC) Trading Near $29.52 Support ... [Published MarketIntelligenceCenter.com - Oct 22 2014]
Owens Corning tops 3Q profit expectations [Published Yahoo! Finance UK and Ireland - Oct 22 2014]
Owens Corning Reports Third-Quarter 2014 Results [Published Wall Street Select - Oct 22 2014]
Owens Corning Reports Third-Quarter 2014 Results [Published Financial Services - Oct 22 2014]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Owens Corning (OC) Showing Support Near $30.27 [Published MarketIntelligenceCenter.com - 7 hours ago]
After closing Thursday at $31.66, Owens Corning (OC) presents an attractive opportunity to get a 2.96% return in just 57 days, which is an annualized return of 18.93% (for comparison purposes only). To enter this trade, sell one Dec. '14 $31.00 call for ...
Owens Corning (OC) Showing Support Near $30.33 [Published MarketIntelligenceCenter.com - Oct 23 2014]
After Wednesday’s trading in Owens Corning (OC) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 3.37% or 21.19% (for comparison purposes only), while providing 5.06% downside protection. ...
Owens Corning (OC) Trading Near $29.52 Support ... [Published MarketIntelligenceCenter.com - Oct 22 2014]
Owens Corning (OC) traded between $29.84 and $30.75 before closing at $30.70 Tuesday and presents some attractive trading opportunities today. MarketIntelligenceCenter.com’s algorithms have picked a Jan. '15 $30.00 covered call for a net debit of about ...
Owens Corning (OC) Showing Support Near $28.79 [Published MarketIntelligenceCenter.com - Oct 21 2014]
For a hedged play on Owens Corning (OC), MarketIntelligenceCenter.com’s option-trade picking algorithms recommend the Jan. '15 $29.00 covered call for a net debit in the $27.75 area. That is also the break-even stock price for the covered call. This trade ...
Owens Corning (OC) Showing Bearish Technicals W... [Published MarketIntelligenceCenter.com - Oct 20 2014]
The patented option trade-picking algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have selected a covered call trade on Owens Corning (OC) that includes 7.68% downside protection. Sell one contract of the Jan. '15 $29.00 ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Dow, S&P 500 finish at record highs [Published Reuters Video: Top News - Jun 20 2014]
Dow, S&P 500 finish at record highs [Published Reuters Video: Business - Jun 20 2014]
1

Press Releases

sort by: Date | Relevance
Owens Corning Reports Third-Quarter 2014 Results [Published Financial Services - Oct 22 2014]
Building Products Equities Under Review - Masco... [Published Financial Services - Oct 17 2014]
Analysts View on Building Products Equities - M... [Published Financial Services - Sep 05 2014]
Owens Corning Reports Second-Quarter 2014 Results [Published Financial Services - Jul 23 2014]
Global Insulation Market 2014-2018: Key Vendors... [Published GlobeNewswire: Advertising News - Jul 15 2014]
1 2 3
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.