On Wednesday, Shares of Owens Corning (NYSE:OC), dropped -1.42% to $42.28.
Owens Corning Roofing and Asphalt LLC expands its Shingle Recycling Program making asphalt roof recycling solutions accessible to homeowners and building professionals. An estimated 20 billion pounds1 of recyclable shingles are removed each year from roofs of U.S. homes and buildings. The Owens Corning Roofing and Asphalt Shingle Recycling Program offers an option to divert torn-off roofing shingles from landfills recycling the material for use in applications like road construction and repair.
Since launching the Shingle Recycling Program in 2009, Owens Corning Roofing and Asphalt continues to enhance its legacy as the first roofing manufacturer to introduce a national shingle recycling and material reuse program with the following milestone achievements:
- 4 billion pounds: Estimated number of shingles recycled in 2014, representing a 33 percent raise from the previous year
- 108 Markets: The Owens Corning Roofing and Asphalt Shingle Recycling Program is now accessible in 108 markets with more than 200 collection locations verified by Earth911®
- 65 Percentage of Population: The Owens Corning Roofing and Asphalt Shingle Recycling Network’s nationwide coverage enables 65 percent3 of the population to have access to a qualified shingle recycler
- 563 Participating Contractors: Owens Corning Roofing Contractor Network has 563 contractors committed to recycling shingles – and counting.
Owens Corning, together with its auxiliaries, produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide.
Shares of The Boeing Company (NYSE:BA), declined -1.40% to $151.19, during its last trading session.
The Boeing Company, stated first-quarter revenue raised 8 percent to $22.1 billion on higher commercial deliveries. Core earnings per share (non-GAAP) raised 12 percent* to $1.97, reflecting strong performance across the company, and GAAP earnings per share was $1.87. The Company reaffirmed its 2015 financial and deliveries guidance.
Operating cash flow in the quarter was $0.1 billion, reflecting timing of receipts and expenditures, commercial airplane production rates and strong operating performance (Table 2). During the quarter, the company repurchased 17 million shares for $2.5 billion, leaving $9.5 billion remaining under the current repurchase authorization which is predictable to be accomplished over about the next two to three years. The company also paid $0.6 billion in dividends in the quarter, reflecting an about 25 percent raise in dividends per share contrast to the same period of the preceding year.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
At the end of Wednesday’s trade, Shares of KB Home (NYSE:KBH), dwindled -1.34% to $15.44.
KB Home, released its eighth annual Sustainability Report, accessible exclusively at www.kbhome.com/sustainability. KB Home issued its inaugural report in 2008 and is among a group of corporate leaders in sustainability that publishes a comprehensive annual sustainability report.
The latest report covers KB Home’s sustainability initiatives and activities during 2014 measuring progress against its aims. Achievements during the reporting period comprised of lowering the average Home Energy Ratings System (HERS) Index Score of its new homes for the seventh straight year, advancing its homes’ water efficiency, and ongoing progress on a range of other sustainability objectives.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
Finally, Huntington Bancshares Incorporated (NASDAQ:HBAN), ended its last trade with -1.25% loss, and closed at $11.03.
Huntington Bancshares Incorporated, stated net income for the 2015 first quarter of $166 million, or a $17 million raise from the year-ago quarter. Earnings per common share for the 2015 first quarter were $0.19, a raise of $0.02 from the year-ago quarter.
Huntington also declared two capital actions approved by the Board of Directors. First, the Board declared a quarterly cash dividend on the company’s common stock of $0.06 per common share. The dividend is payable July 1, 2015, to shareholders of record on June 17, 2015. Second, the Board authorized the repurchase of up to $366 million of common shares over the five quarters through the 2016 second quarter. Both actions were projected in the January 2015 CCAR capital plan, which received no objections from the Federal Reserve. Purchases of common stock may comprise open market purchases, privately negotiated transactions, and accelerated repurchase programs. During the 2015 first quarter, the company repurchased 4.9 million common shares at an average price of $10.45 per share.
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services.
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