Friday, December 01, 2006

USG A Takeover Target?

There are a reports that yesterday's 8% move in USG Corp (NYSE: USG) was related to rumors that large holder Warren Buffett would buy the rest of the company. Yesterday, we mentioned the move in USG in our post on the asbestos-related run-up in WR Grace & Co. (NYSE: GRA), but we did not hear any takeover talk at that time. Link

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Thursday, November 30, 2006

WR Grace (GRA) Sees Upside Action

WR Grace & Co. (NYSE: GRA) is moving higher today (+8%) on heavy volume. The move could be related to asbestos litigation, but we've not seen anything specific. USG Corp (NYSE: USG) (+5%) is another large asbestos-related stock that is moving higher today, but the others are doing little.

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