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2018 Financial News

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05/01/18USG Board Authorizes Negotiations With Knauf
CHICAGO--(BUSINESS WIRE)--May 1, 2018-- USG Corporation (NYSE: USG) today announced that its Board of Directors has authorized management to commence negotiations with Gebr. Knauf KG (“Knauf”) regarding a potential sale of the Company. The USG Board remains committed to acting in the best interests of all shareholders and will evaluate all options to do so. USG has advised Knauf that it is prepared to agree to a customary confidentiality agreement to fac... 
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04/26/18USG Files Investor Presentation and Sends Letter to Stockholders
- Reiterates Board’s Willingness to Consider Any Opportunity to Maximize Value for ALL Stockholders, Including a Sale of the Company - Refutes Knauf’s Misleading Statements About Their Proposal, Their Interactions with Our Board and USG’s Prospects - Reinforces View That Knauf’s Opportunistically Timed Proposal Does Not Reflect Intrinsic Value of USG - Urges Stockholders to Vote FOR USG’s Director Nominees CHICAGO--(BUS... 
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04/25/18USG Corporation Reports First Quarter 2018 Results
Highest First Quarter Net Sales in a Decade; Strategic Initiatives and Refreshed Operating Model Contributed to Top-Line Growth Business Highlights New corporate strategy announced at Investor Day expected to drive continued profitable growth and increase shareholder value over the mid-term Delivered $786 million of net sales for the quarter, a 3% increase, compared Q1 2017; on an adjusted b... 
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04/12/18USG Corporation to Host First Quarter 2018 Earnings Call on April 25
CHICAGO--(BUSINESS WIRE)--Apr. 12, 2018-- USG Corporation (NYSE:USG), an industry-leading manufacturer of building products and innovative solutions, will hold a conference call and webcast to discuss first quarter 2018 results on Wednesday, Apr. 25, 2018 at 9:00 a.m. ET (8:00 a.m. CT). This call and webcast, as well as accompanying presentation materials, can be accessed at USG’s investor relations website at ... 
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04/12/18USG Board Sends Letter to Stockholders
Says Knauf’s “Vote No” Campaign is Misguided Attempt to Pressure the Board into Accepting a Proposal That is Substantially Below USG’s Intrinsic Value Notes that Campaign is Designed to Undermine Board’s Ability to Work to Maximize Value Rebuts Knauf’s Disingenuous and Misleading Comments Regarding USG’s Engagement with Knauf Urges Stockholders to Vote FOR USG’s Director Nominees ... 
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04/10/18USG Responds to Knauf's "Vote No" Campaign
Notes Knauf's Mischaracterization of USG's Engagement CHICAGO, April 10, 2018 /PRNewswire/ -- USG Corporation (NYSE: USG) today issued the following statements in response to the announcement from Gebr. Knauf KG ("Knauf") urging USG shareholders to vote against the Company's director nominees at its upcoming Annual Meeting on May 9, 2018.  On March 26, 2018, USG announced that it had received a proposal from Knauf to acquire USG for $42.00 per share in cash and that, after careful consi... 
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03/26/18USG Board of Directors Unanimously Rejects Unsolicited Proposal From Knauf
CHICAGO--(BUSINESS WIRE)--Mar. 26, 2018-- USG Corporation (NYSE:USG) today announced that its Board of Directors, advised by its financial and legal advisors, has unanimously rejected the unsolicited and non-binding proposal disclosed today by Gebr. Knauf KG (“Knauf”) to acquire all of the shares of USG for $42.00 per share in cash. The Board carefully evaluated it and determined that it substantially undervalues the Company and is not in the best intere... 
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03/08/18USG Corporation Hosts Inaugural Investor Day
Outlines Corporate Strategy and Strategic Initiatives; Reaffirms Full-Year 2018 Outlook and Introduces 2020 Financial Targets CHICAGO--(BUSINESS WIRE)--Mar. 8, 2018-- USG Corporation (NYSE: USG), an industry-leading manufacturer of building products and innovative solutions, will host its inaugural Investor Day today from 9:00 a.m. to 12:30 p.m. Eastern Time with presentations from Jennifer Scanlon, president and chief executive office... 
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02/26/18USG Corporation to Webcast Investor Day Presentations on March 8
CHICAGO--(BUSINESS WIRE)--Feb. 26, 2018-- USG Corporation (NYSE: USG), an industry-leading manufacturer of building products and innovative solutions invites investors, analysts and the general public to view and listen to a webcast of its inaugural Investor Day being held Thursday, March 8, 2018 from 9:00 a.m. to 12:30 p.m. Eastern Time. The event will feature presentations outlining USG’s strategic direction and key initiatives from Jenn... 
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02/01/18USG Corporation Reports Fourth Quarter and Full Year 2017 Results and Increases Share Repurchase Program to $500 Million
Business Highlights Fourth Quarter 2017 vs. Fourth Quarter 2016 • Net sales increased to $831 million from $734 million • Operating profit increased to $87 million from $59 million; adjusted operating profit increased to $106 million from $96 million • Net loss of $62 million compared to net income of $307 million; adjusted net income increased to $77 million from $65 million • Net loss in the fourth quarter... 
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Stock Quote

USG (Common Stock)
Change (%) Stock is Down 0.11 (0.25%)
Today's Open$43.19
Previous Close$43.26
Intraday High$43.25
Intraday Low$43.15
ExchangeNYSE (US Dollar)
06/19/18 4:03 p.m. ET
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