20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
- Owens Corning Inc (NYSE:OC) has agreed to acquire Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. Deal terms were not disclosed.
- Natural Polymers anticipates sales of $100 million in FY22. The company expects to maintain double-digit growth over the next several years.
- "This acquisition advances Owens Corning's strategy to strengthen our core building and construction products and expand our addressable markets into higher-growth segments," commented Todd Fister, president of Owens Corning's Insulation business.
- Benjamin Brown, President, and CEO of Natural Polymers, will join Owens Corning in an innovation leadership role.
- Owens Corning held cash and equivalents of $755 million as of March 31, 2022.
- Price Action: OC shares are trading lower by 0.05% at $75.89 on the last check Tuesday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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