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Fly News Breaks for June 8, 2015
OC
Jun 8, 2015 | 06:42 EDT
Macquarie downgraded Owens Corning to Neutral based on limited near-term roofing margin upside. The firm's checks indicate limited margin upside beyond 15% and winter discounts that result in a timing mismatch between production and demand will continue to create margin volatility. Macquarie lowered its price target to $43 from $47 on shares.
News For OC From the Last 2 Days
OC
Apr 24, 2024 | 06:23 EDT
Sees Q2 EBIT margin 20%. Sees FY24 effective tax rate 24%-26%.
OC
Apr 24, 2024 | 06:20 EDT
OC
Apr 24, 2024 | 06:12 EDT
Sees FY24 interest expense $70M-$80M; effective tax rate on adjusted earnings 24%-26%; capital additions $550M; and depreciation and amortization $550M.
OC
Apr 24, 2024 | 06:10 EDT
