Owens Corning Stock News

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today announced that Gina Beredo has been promoted to the newly created role of Executive Vice President, Chief Administrative Officer & General Counsel of the company. In her expanded role, Ms. Beredo will oversee the company's human resources function along with her existing legal, ...

Owens Corning's strategic focus on ESG, insulation, and energy transition, along with the Masonite acquisition, provides a solid growth platform despite current market challenges. The company reported 2024 sales of $10.98 billion, with adjusted earnings of $15.91 per share, but GAAP earnings were significantly lower due to various charges. Despite a reasonable valuation at 10 times adjusted ear...

Owens Corning (OC) shares fell 4% Monday as the maker of insulation and other building materials saw a drop in demand for its legacy products and warned of business headwinds in both North America and Europe.

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today reported fourth-quarter and full-year 2024 results. Reported Net Sales of $11.0 Billion, a 13% Increase from Prior Year, with Newly Acquired Doors Business Contributing $1.4 Billion in Revenue Generated Net Earnings Margin of 6%, Adjusted EBIT Margin of 19%, and Adjusted EBITDA ...

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 G...