USG is recently up 69c to $14.76 on renewed takeover chatter. USG December option implied volatility is at 65, January is at 62; verses its 26-week average of 68. USG December 17 calls have traded 136 times on transaction volume of 3,790 contracts, above open interest of 1,255 contracts according to Track Data, suggesting larger price movement. :theflyonthewall.com
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The adjusted operating loss for Q4 excludes $5M of restructuring and asset impairment charges. Q4 net loss after-tax was $100M, or 95c per share. :theflyonthewall.com