Masco, Owens Corning, USG Corp., and Vulcan Materials under
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LONDON, July 15, 2013
LONDON, July 15, 2013 /PRNewswire/ --
A report released by the Commerce Department earlier this month showed that
the U.S construction spending rose 0.5% in the month of May, led by the higher
expenditures on residential projects. Housing expenses climbed to the highest
level since October 2008. In fact, the strong housing market is expected to
boost construction spending further, which augurs well for general building
materials companies such as Masco Corporation (NYSE: MAS), Owens Corning
(NYSE: OC), USG Corporation (NYSE: USG), and Vulcan Materials Company (NYSE:
VMC). Shares in building materials companies ended on a mixed note on Friday,
July 12, 2013, even as the broader market posted gains. AAAResearchReports.com
has released full comprehensive research on MAS, OC, USG, and VMC. These free
technical analyses can be downloaded by signing up at:
Shares in Masco Corporation ended slightly lower on Friday, reversing some of
their gains from previous trading sessions. The company's shares oscillated
between $20.59 and $21.01 before finishing the day 0.19% lower at $20.75. A
total of 3.43 million shares were traded which is below the daily average
volume of 4.93 million. The company's shares have gained 3.75% in the last
three trading sessions, and 3.18% in the last three months. A free technical
analysis on MAS available by signing up at:
Owens Corning Inc.'s stock edged higher on Friday, tracking gains in the
broader market. The company's shares oscillated between $40.46 and $41.21
before finishing the day 0.30% higher at $40.72. A total of 1.58 million
shares were traded which is below the daily average volume of 1.85 million.
Owens Corning's shares have gained 4.01% in the last three trading sessions
compared to a gain of 1.69% in the S&P 500. The recent gains have pushed the
stock nearer to its 52-week high of $45.55. Register today and access free
research on OC at:
Shares in USG Corporation rose sharply on Friday, extending their gains from
previous trading sessions. The company's shares oscillated between $25.76 and
$26.49 before closing the session 1.43% higher at $26.29. A total of 1.74
million shares were traded which is below the daily average volume of 1.89
million. The company's shares have gained 8.28% in the last three trading
sessions. The free report on USG can be downloaded by signing up now at:
Shares in Vulcan Materials Company's shares oscillated between $49.89 and
$50.82 before ending the day 0.06% lower at $50.68. A total of 399,240 shares
were traded which is below the daily average volume of 591,527. Vulcan
Materials' shares have gained 3.66% in the last three trading sessions and
3.68% in the last three months. A free report on VMC can be accessed by
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