Owens Corning Stock News

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today published its 2024 Sustainability Report, Building Better Together, outlining the company's progress toward its 2030 sustainability goals. “The theme ‘Building Better Together' reflects the work of our team in delivering a significant year for Owens Corning in 2024,” said Chair and Chief Executive Officer Brian Chambers. “We successf...

It's no secret that Home Depot's (HD -1.29%) prospects are guided by home improvement spending, which is led by the housing market. As such, many investors buy into the stock to play an improving housing market in an environment of, hopefully, lower interest rates.

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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.