Owens Corning Reports First Quarter 2016 Results
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FBR Capital Downgrades Owens Corning (OC) to Market Perform
April 28, 2016 6:19 AM EDTFBR Capital downgraded Owens Corning (NYSE: OC) from Outperform to Market Perform with a price target of $53.00 (from $56.00).
Analyst Alex Rygiel commented, "Yesterday morning, April 27, Owens Corning announced 1Q16 results that were mixed. Revenue was in line, but EBITDA and EPS were well ahead of expectations, mostly due to... More
UPDATE: Owens Corning (OC) Active, Shares Decline
April 27, 2016 11:33 AM EDT(Updated - April 27, 2016 11:39 AM EDT)
Owens Corning (NYSE: OC) shares weakened Wednesday afternoon, briefly falling to session lows below $48 per share. Its Q1 earnings call began at $11 AM ET.
Slides were posted on the company's website earlier.
... More