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Shares of Owens Corning (OC +2.4%) had a volatile day after missing Q2 estimates earlier this...
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Wednesday, August 1, 2012, 4:04 PM ETShares of Owens Corning (OC +2.4%) had a volatile day after missing Q2 estimates earlier this morning. Net profit plunged 50% as revenue fell due to sales declines in its building materials and composites segments. CEO Mike Thaman notes that economic conditions still very uncertain, and the housing market remains weak, but he sees signs of housing recovery in the second half.
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