in a deal worth $37 per share in cash, amounting to about $1.4 billion. In its third quarter, the company reported net sales of $127.4 million, which is a 2.9% decrease from the same quarter last year.
Continental's wallboard sale volumes increased to 705 million square feet, up 4.6% compared to the same quarter a year ago, which it said was attributable to stronger demand. Continental's shares reached a new year-to-date high during midday trade Tuesday, and its shares are up more than 40% year to date.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: DXC Technology, Reata Pharmaceuticals and Grocery OutletSee which stocks are posting big moves after the bell on Monday.
Source: CNBC - 🏆 12. / 72 Read more »
Hong Kong Stocks Fall as Violence BuildsViolence in Hong Kong triggered the largest drop in local stocks since August on Monday, while concerns around U.S.-China trade negotiations continue to weigh on equities across the globe. If we burn, chinazi will burn with us No one’s talking about the man set on fire by the protesters lol. The police fired at the students，this is too crazy
Source: WSJ - 🏆 98. / 63 Read more »
European stocks seen lower on dampened trade hopesEuropean markets looked set to open lower Monday morning amid a dampening of optimism over U.S.-China trade, after U.S. President Donald Trump denied that he had agreed to roll back tariffs on Chinese goods.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks set to trade cautiously amid US-China trade jitters and unrest in Hong KongStocks in Asia were set to trade cautiously on Tuesday amid concerns over the state of U.S.-China trade negotiations as well as a recent escalation of violence in ongoing protests in Hong Kong.
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street may be growing too complacent on stocks as bets against volatility hit a recordTraders may be a bit too relaxed about the risks facing the stock market heading into the end of the year, and that could come back to burn them. realDonaldTrump deregulated Wall Street. It was deregulated when Wall Street brought the world down in early 2000’s. The Global Meltdown was caused by fake securities and enticing fake bond ratings. Wall Street did NOT endorse protections for investors. It’s now a Full Circle. If you’re not worried about investors being overly optimistic, you’re not a good investor MondayMood Pleas,,pleas,,
Source: CNBC - 🏆 12. / 72 Read more »
Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocksAs forward earnings estimates have fallen since the start of October, stocks have rallied.
Source: CNBC - 🏆 12. / 72 Read more »