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.
read more
European Markets Seen Opening On A Positive Note
European markets are expected to open on an optimistic note on Thursday ahead of the European Central Bank's interest rate decision.
RTTNews
|
5h 31minuter sedan
European Economic News Preview: ECB Set To Cut Rates By 25 Bps
The European Central Bank is widely expected to cut its key interest rates on Thursday, ending the rate hiking cycle that began in mid-2022. At the governing council meeting in Frankfurt, policymakers are set to lower the main refinancing rate, the deposit facility rate and the lending rate by 25 basis points each.
RTTNews
|
5h 51minuter sedan
Asian Markets Track Global Markets Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, amid optimism about the outlook for U.S. interest rates after a report showed US private sector job growth slowed by more than expected in the month of May. Treasury yields also extended the recent downward trend. Asian Markets closed mixed on Wednesday.
RTTNews
|
6h 51minuter sedan
Japanese Market Sharply Higher
Recouping some of the losses in the previous two sessions, the Japanese stock market is sharply higher on Thursday, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving to near the 38,900 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews
|
8h 51minuter sedan
Thai Bourse May Extend Wednesday's Gains
The Thai stock market on Wednesday snapped the two-day slide in which it had slumped almost 15 points or 1 percent. The Stock Exchange of Thailand now sits just beneath the 1,340-point plateau and it may see additional support on Thursday.
RTTNews
|
9h 0minuter sedan
Indonesia Stock Market Tipped To Open To The Upside
The Indonesia stock market on Wednesday ended the two-day winning streak in which it had jumped almost 130 points or 1.9 percent. The Jakarta Composite Index now sits just beneath the 6,950-point plateau although it figures to see renewed support on Thursday.
RTTNews
|
9h 30minuter sedan
Australian Market Significantly Higher
The Australian market is significantly higher on Thursday, adding to the gains in the previous session, following the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is moving above the 7,800 level, with gains across most sectors led by gold miners and technology stocks.
RTTNews
|
9h 47minuter sedan
Hong Kong Shares Tipped To Bounce Higher Again On Thursday
The Hong Kong stock market on Wednesday snapped the two-day winning streak in which it had collected more than 360 points or 2 percent. The Hang Seng Index now sits just beneath the 18,425-point plateau although it's likely to rebound on Thursday.
RTTNews
|
10h 0minuter sedan
