Long-term Investments to Boost Diversity of Services and Broaden Product Portfolios - Research Report on Masco, Owens Corning, Quanex, Nortek, and Trex
NEW YORK, June 6, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Masco Corporation (NYSE: MAS), Owens Corning (NYSE: OC), Quanex Building Products Corporation (NYSE: NX), Nortek Inc. (NASDAQ: NTK), and Trex Co. Inc. (NYSE: TREX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Masco Corporation Research Report
On May 21, 2013, Masco Corporation's (Masco) subsidiary, Masco Home Services, Inc., along with its affiliated Company, Energy Sense, announced that it has surpassed a milestone of verifying more than 200,000 ENERGY STAR compliant homes combined. "We are extremely proud of the fact that working with our builder allies has enabled us to contribute to helping over 200,000 new homeowners enjoy more energy efficient, comfortable, and durable homes while also reducing their environmental impact," said Dave Bell, Director of Building Science at Masco Home Services. "These numbers would not have been possible without the commitment of our builder customers and the support of the Environmental Protection Agency." The Company offers a comprehensive range of energy efficiency services including pre-construction plan review, various inspection services, diagnostic testing, training and a software solution to manage it all. The Full Research Report on Masco Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/2b0a_MAS]
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Owens Corning Research Report
On June 3, 2013, Owens Corning announced that it has completed the acquisition of Thermafiber Inc., a leading manufacturer of mineral wool commercial and industrial insulation products. "The acquisition of Thermafiber is an outstanding addition for Owens Corning and our customers," said Joe Ochoa, Vice President and General Manager, Engineered Insulation Systems. "Mineral wool insulation adds to our product portfolio and helps us to provide access to high-temperature commercial building applications." The acquisition, which includes a manufacturing location in Wabash, Ind., provides the Company with a broad insulation portfolio encompassing fiberglass, foam and mineral wool insulation products. The Full Research Report on Owens Corning - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/46a2_OC]
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Quanex Building Products Corporation Research Report
On June 3, 2013, Quanex Building Products Corporation (Quanex) announced its Q2 FY 2013 conference call schedule. The Q2 FY 2013 earnings, scheduled for release before market hours on June 7, 2013, will be followed by a conference call on the same day at 9:00 a.m. ET. The conference will be broadcast live over the Internet on the Company's website. The Company's Chairman and Chief Executive Officer, David Petratis, and Chief Financial Officer, Brent Korb, will lead the conference call. The Full Research Report on Quanex Building Products Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/b4f7_NX]
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Nortek Inc. Research Report
On May 9, 2013, Nortek, Inc. (Nortek) announced its Q1 FY 2013 financial results (period ended March 30, 2013) with total net sales of $519.1 million, compared with $522.8 million in Q1 FY 2012. The Company's gross margin was 27.3% compared with 27.9% in Q1 FY 2012. The Company's SG&A increased 14.1% YoY to $125.6 million. As of March 30, 2013, Nortek had $201.4 million of unrestricted cash and cash equivalents on its balance sheet, compared with $144.7 million on December 31, 2012. "The first quarter of 2013 was in line with our expectations," said Nortek President and Chief Executive Officer Michael J. Clarke. "Net sales and gross margin were very close to the first quarter last year. At the same time we made large investments in people and processes to drive our transformation, which resulted in higher SG&A expense in the quarter. We expect these investments will provide Nortek with significant long-term benefits." The Full Research Report on Nortek Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/3bc6_NTK]
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Trex Co. Inc. Research Report
On May 31, 2013, Trex Company, Inc. (Trex) announced that it will present at the Deutsche Bank 2013 Global Industrials and Basic Materials Conference on June 13, 2013, Thursday. The conference will be held at the Westin Chicago River North Hotel in Chicago, III. Chairman, President and Chief Executive Officer Ronald W. Kaplan will present at 2:20 p.m. CT. The Company will also meet one-on-one with institutional investors during the day. Trex's investor presentation is available on the Investor Relations section of the Trex website. The Full Research Report on Trex Co. Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/2f8f_TREX ]
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SOURCE Wall Street Reports
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