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Stock impact report

Quikrete Makes Takeover Approach for Summit Materials [Yahoo! Finance]

Owens Corning Inc New (OC) 
Last owens corning inc new earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Robotaxis Are No Friend of Public Transportation Booming Cambridge Exposes England's Widening Wealth Gap Oman Sees an Urban Future Distinct From Dubai and Abu Dhabi Climate Change Is Killing Buildings in Slow Motion Argentina Drug Trafficking Hotspot Sees Murders Plunge The privately held building materials maker is working with advisers as it pursues a bid for Denver-based Summit, the people said, asking not to be identified discussing confidential information. The price per share being discussed is in the “low 50s,” one of the people said. Summit's shares, which had previously gained only 5.6% this year, rose as much as 13% on Thursday. The shares closed up 6.6% to $43.29 in New York, giving the company a market value of about $7.7 billion. The deliberations are ongoing and the price being discussed and other terms could change, or the companies could decide against a combination, the people said. A spokesperson for Summit declined to commen Show less Read more
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