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Re: madcow post# 437654

Wednesday, 11/16/2005 7:29:51 PM

Wednesday, November 16, 2005 7:29:51 PM

Post# of 704019
Asbestos-related shares gain on Senate action (USG, ACKHQ, CCK, OWENQ) By Padraic Cassidy
NEW YORK (MarketWatch) - Shares of companies with significant exposure to asbestos liability claims gained ground Wednesday, one day before a Senate committee was scheduled to begin a hearing on legislation to establish a $140 billion compensation fund. Owens Corning (OWENQ) rose 15% to $3.30 and Armstrong Holdings (ACKHQ) gained 12% to more than $1.75. Crown Holdings Inc. (CCK) climbed nearly 2% to $18.25 and USG Corp. (USG) moved higher by 0.2% to $61.64. The Senate Majority Leader, Republican Bill Frist of Tennessee, called asbestos reform "the first major piece of legislation to be considered by the Senate when we return in January."
http://www.marketwatch.com/news/newsfinder/pulseone.asp?siteid=yhoo&dateid=38672.6151075579-8508....
CCK up more in post market.

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