U.S.-based insulation, roofing products, and fiberglass composites manufacturer Owens Corning posted improved year-over-year revenues and earnings driven by recovering construction end markets. We expect EBITDA and funds from operations (FFO) to continue to increase over the next one to two years based on expected increases in housing starts, remodeling spending, and modest global industrial growth. We are revising our outlook to positive from stable and affirming our ratings, including the 'BBB-' corporate credit rating, on the company. The positive outlook reflects the possibility that Owens Corning can further improve EBITDA in 2016, resulting in lower debt leverage that results in an "intermediate" financial risk profile and a higher rating. On Oct. 26, 2015, Standard&Poor's Ratings Services revised its
