Owens Corning Clocks 16% Sales Growth In Q2
[ad_1] Owens Corning OC reported second-quarter FY22 net sales growth of 16% year-over-year to $2.6 billion, beating the consensus of $2.57 billion. Adjusted EPS was $3.83 (+43% Y/Y), above the…
Read How General Dynamics Performed In Q2
[ad_1] General Dynamics Corp GD reported second-quarter FY22 revenue of $9.19 billion, down 0.3% year-over-year, missing the consensus of $9.41 billion. EPS increased by 5.4% Y/Y to $2.75, above the…
Why Canadian National Railway (CNI) Shares Are Soaring Afterhours
[ad_1] Canadian National Railway CNI reported a second-quarter revenue increase of 21% year-over-year to C$4.34 billion. Adjusted EPS improved by 30% Y/Y to C$1.93. CNI reported an operating income…
MasTec Price Target Cut By Analysts Post IEA Deal Announcement
[ad_1] Credit Suisse analyst Jamie Cook lowered the price target on MasTec, Inc. MTZ to $102 (an upside of 44%) from $103 while maintaining the Outperform rating in the shares. MTZ announced…
Mercer Acquires Wood Pallet Producer HIT For ~$275M
[ad_1] Mercer International Inc. MERC has agreed to acquire all of the outstanding shares of the parent company of Holzindustrie Torgau (HIT) for consideration of €270 million ($275.4 million), inclusive of forecasted…