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USG Corporation Message Board

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  • quickmovesmiles quickmovesmiles Oct 21, 2011 2:00 PM Flag

    Nice beat on revenue - earnings lower

    In the CC they pumped their European exposure, which is about to get worse. The majority of their problems is centered in the US and it's called L&W.

    USG raises prices and their own L&W Yards are under cutting those prices days later.

    USG is not making "progress" until they start reducing losses. What has it been now, 17 quarters of steady losses. Five more quarters and they'll have a negative stockholders equity.

 
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