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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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Eurozone Industrial Production Recovers In July
Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
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11 นาทีที่ผ่านมา
U.S. Import Prices Unexpectedly Rise 0.3% In August
A report released by the Labor Department on Tuesday showed import prices in the U.S. unexpectedly increased in the month of August.
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26 นาทีที่ผ่านมา
U.S. Retail Sales Climb Much More Than Expected In August
The Commerce Department released a report on Tuesday showing retail sales in the U.S. rose by much more than expected in the month of August.
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29 นาทีที่ผ่านมา
Bay Street Likely To Open On Mixed Note; Canadian Inflation Data In Focus
Canadian shares may open on a mixed note Tuesday morning, with the focus on upcoming interest rate decision from the Bank of Canada and the Federal Reserve. Materials stocks are likely to move up on higher metal prices.
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41 นาทีที่ผ่านมา
FTSE 100 Drifts Lower For 3rd Straight Session
U.K. stocks are exhibiting weakness on Tuesday, losing ground for a third straight session, as investors react to the nation's jobs data, and await the Bank of England's monetary policy announcement due later in the week.
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1 ชม. 13 นาทีที่ผ่านมา
CAC 40 Down Marginally In Lackluster Trade
The French market is down marginally on Tuesday with stocks moving in a tight band ahead of the Federal Reserve's monetary policy meeting. The Fed is widely expected to cut interest rates by 25 basis points on Wednesday.
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1 ชม. 38 นาทีที่ผ่านมา
DAX Drifts Lower Ahead Of Fed Policy Meeting
German stocks are down in negative territory on Tuesday with investors mostly staying cautious, focusing on the Federal Reserve's monetary policy meeting, which gets underway today, and the ongoing trade talks between China and the U.S.
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2 ชม. 17 นาทีที่ผ่านมา
German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
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2 ชม. 27 นาทีที่ผ่านมา
