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Owens Corning Receives U.S. Antitrust Approval For Masonite Acquisition
(RTTNews) - Owens Corning (OC) announced Monday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with the company's previously announced acquisition of Masonite International Corp. (DOOR). The expiration of the waiting period occurred at 11:59 p.m. on April 26, 2024.
The expiration of the HSR Act waiting period satisfies a closing condition for the transaction. Masonite previously announced that its shareholders voted to approve the company's acquisition by Owens Corning at its Special Meeting of Shareholders.
The transaction is anticipated to close in May 2024, subject to satisfaction of the remaining customary closing conditions.
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NZ Dollar Falls As Weak GDP Spurs RBNZ Rate Cut
The New Zealand dollar weakened against other major currencies in the European session on Thursday, as traders speculate more interest rate cuts by the Reserve Bank of New Zealand (RBNZ) in the wake of the weaker-than-expected GDP data for the second quarter.
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Před 48 minutami
Norway Cuts Interest Rate By 25 Bps
Norway's central bank reduced its interest rate for the second time this year and signaled further reduction in the course of the coming year but not as quickly as envisaged before summer. The Monetary Policy and Financial Stability Committee of Norges Bank cut the policy rate by 25 basis points to 4.0 percent.
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Před 55 minutami
European Shares Rally As Fed Cuts Rates, Signals More Easing In 2025
European stocks opened on a buoyant note Thursday after the U.S. Federal Reserve cut interest rates for the first time since December and indicated more cuts would follow amid mounting signs of labor market weakness.
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Před 1 h 28 min
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the European session on Thursday.
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Před 1 h 33 min
Asian Shares Drift Lower After Fed's Hawkish Rate Cut
Asian stocks ended mostly lower on Thursday following a slightly hawkish leaning policy decision from the Federal Reserve.
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Před 1 h 47 min
European Shares Seen Higher With Central Bank Meetings In Focus
European stocks look set to open on a firm note on Thursday as investors digest the Federal Reserve's latest decision to cut interest rates and await the Bank of England's rate decision.
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Před 4 h 40 min
European Economic News Preview: Bank Of England To Hold Rate
The monetary policy announcement from the Bank of England is the top economic event due on Thursday. The BoE is widely expected to hold its benchmark bank rate at 4.00 percent after a quarter-point reduction in August. The bank had lowered the rate five times since August 2024 and took it to the lowest since early 2023.
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Před 5 h 11 min
Sensex, Nifty Open Higher; IT Stocks Surge As Fed Cuts Interest Rates
Indian shares opened higher on Thursday amid optimism over ongoing U.S.-India trade talks.
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Před 5 h 44 min
