The Outlook is Stable. KEY RATING DRIVERS The upgrade follows COREALCREDIT's announcement to withdraw its public overcollateralisation ( OC ) commitment, effective 8 August 2014 (see "Fitch Places COREALCREDIT's Mortgage Pfandbriefe on R
Owens Corning ( OC -2.3% ) is downgraded to Hold from Buy at Stifel, citing its weaker ..... business and Q2 EPS miss. Its PT of $50 was also removed. Stifel says that OC has lost its market share in roofing and price discipline, and is resigned
Owens Corning reported very challenging second-quarter results, with competitive pricing pressures in its highest-margin roofing business
Chinese manufacturers. OC 's composite segment is ..... double-digit margins. OC 's overall business performance ..... returns on capital employed. Owens Corning has strong leverage to an ..... next few years, well below OC 's book tax rate. Michael
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RATING DRIVERS The rating is based on NORD/LB's Long-term Issuer Default Rating (IDR) of 'A', an unchanged Discontinuity Cap (D-Cap) of 5 (low risk) and the overcollateralisation ( OC ) that Fitch takes into account in its anal
July 8 (Reuters) - (The following statement was released by the rating agency)
that the Conference Board Consumer Confidence Index for November was 73.7, in line with expectations and up from 73.1 in Oc tober. This is the best showing since February 2008. At the same time, confidence is still below the 10-year average of 77
(Reuters) - Building materials maker Owens Corning reported a first-quarter loss as it took charges related to cost reductions, including facility closures in Europe, sending its shares down 9...
Owens Corning OC reported first-quarter results that ..... three month-period ended March 31, Owens Corning increased sales 9% to $1.35 billion ..... company earned $0.09 per share. Though Owens Corning experienced some softening in its European