Equity Research on Owens Corning and USG Corp. - Building Materials Looking Strong but Hurdles Remain
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/15/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the General Building Materials industry and are offering free analytical research on (NYSE: OC) and (NYSE: USG). Register with us today at to have free access to these research reports.
For some companies in the Building Materials industry, it has been a long hard road since the economy and the housing market took a turn for the worse. While there are a number of positive factors suggesting that 2012 will be a year of improvement, there are also some headwinds to be faced. Get your free reports on and at . There is no commitment to join.
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For the industry and companies like Owens Corning and USG Corp., decreased unemployment and low interest rates bode well. The news that new-home sales increased 3.5% in January when compared to the same month last year is also certainly a positive, and while the Associated General Contractors of America reported that construction employment declined recently, employment rates are still up significantly over the last three months. report is accessible for free by registering today at .
Company financials have been mixed over the last little while, as some have struggled to rein in costs while others are still finding the market challenging. Owens Corning outperformed a number of its peers recently, with 4th quarter adjusted earnings coming in at $48 million as compared to $29 million in the same period last year.
USG Corp., on the other hand, managed to grow its 4th quarter net sales by almost 8% year-over-year, and shrunk its 4th quarter operating loss to $42 million as compared to $95 million in the year ago quarter. report is accessible for free by registering today at .
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