|Day Low/High||59.08 / 60.72|
|52 Wk Low/High||40.64 / 61.09|
TheStreet highlights 3 stocks pushing the basic materials sector lower today.
Shares of building materials maker Owens Corning (OC) are falling after the company cut its guidance for its full-year 2014 earnings before interest and taxes.
TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, is taking a look at CarMax and Owens Corning, following the companies' earnings reports.
Shares of Owens Corning (OC) are down after the company today lowered its 2014 full-year earnings outlook a a result of continued volume weakness in its roofing business.
Stronger-than-expected homebuilder sentiment but weaker-than expected single-family housing starts offset each other as KB Home and Lennar led homebuilder stocks higher since Mid-May.
The trading panel discussed builders, housing supply companies and what they mean for investors.
Here are some trading guidelines on homebuilders after last week's reports on the housing market.
TheStreet highlights 3 stocks pushing the materials & construction industry lower today.
Stocks with insider trader activity include BG, CMI and OC
In trading on Wednesday, shares of Owens Corning crossed below their 200 day moving average of $39.88, changing hands as low as $39.66 per share. Owens Corning shares are currently trading off about 1.1% on the day.
The U.S. housing market recovery has slowed, and not many average investors are taking notice. Sector-related stock prices have come under pressure. You should watch these THREE short videos that provide worrying clues on the state of housing right now.
Owens Corning (OC) stock is lower on Wednesday after the construction supplies company reported lower-than-expected revenue and earnings in its first quarter.
Delta Air Lines, Dow Chemical, Brinker International, EMC, Federal Mogul, General Dynamics, Johnson Controls, Northrop Grumman, Norfolk Southern and Owens Corning also report before the opening bell on Wednesday.
Homebuilders DR Horton, M/I Homes, Meritage Homes, Pulte and Ryland report their quarterly earnings next week.
These names could offer entry points on a breakdown or a bounce into resistance.
Here's a look at how some of the most active stocks on the market today are trading technically.
KB Home's better-than-expected earnings may signal strength in homebuilders and provide a selling opportunity.
Stocks with insider trader activity include OC, XCO and IT
We're crunching the numbers for the 19 housing sector index components and the recent data for homebuilder sentiment and single-family housing starts.
TheStreet highlights 3 stocks pushing the materials & construction industry higher today.
Stocks with insider trader activity include DPS, CMI and OC
Year to date both Home Depot and Lowe's are off 7% on concerns about the lackluster demand from the consumer and the potential negative impact from the cold/wet weather that has been seen around the country in December, January, and the first part of February.
In trading on Wednesday, shares of Owens Corning touched a new 52-week high of $45.62/share. That's a 32.58% rise, or $11.21 per share from the 52-week low of $34.41 set back on 11/08/2013.
Owens Corning (OC) is soaring following better-than-expected quarterly results. In the three months to December, the construction supplies company earned 44 cents a share on revenue 10.3% higher year-over-year to $1.28 billion.
While the homebuilders align more strongly with rate changes, the building products group is a way to play cyclical improvement in construction and home pricesimproving--not to mention non-residential construction where we are seeing a turn.
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