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News Breaks | | | | October 9, 2012 | | 07:31 EDT |  | OC | Owens Corning expects FY12 adjusted earnings before interest $280M-$310M
The company previously disclosed late second-quarter weakness in the U.S. roofing shingle market, which persisted early into the third quarter. While there was some improvement through most of the third quarter, shipments weakened following a mid-September price increase and are not expected to improve for the remainder of year. As a result, the company has lowered its Roofing revenue outlook for the full-year, now estimated to be approximately $2B. | |
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| June 13, 2013 | | 10:05 EDT |  | OC | On The Fly: Analyst Upgrade Summary
 Subscribe for More Information | | | 09:10 EDT | | OC | Owens Corning upgraded to Buy from Neutral at Northcoast
| | | June 5, 2013 | | 05:21 EDT | | OC | Owens Corning, Taishan Fiberglass announce strategic alliance
Owens Corning has announced a strategic alliance with glass fiber producer Taishan Fiberglass, a subsidiary of China National Materials Group, Sinoma, to grow the use of Alkali Resistant specialty glass products sold under the brands Cem-FIL, Anti–CRAK, Slurry-FIL throughout the world. Manufacturing for the alliance will be based in China and supported by Owens Corning global research and development centers which will provide product and application development for these specialty reinforcements. To ensure commercial focus and success, Taishan will concentrate in China, ASEAN, Japan, Korea, South Africa and Saudi Arabia markets with Owens Corning serving markets located throughout the rest of the world. | |
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