CEO WIlliam Foote

Warren Buffett's Berkshire Hathaway will buy $300 million in convertible notes from Chicago-based wallboard manufacturer USG Corp., as part of USG's plan to raise $400 million by selling the notes.  

USG CEO William Foote is quoted in the release as saying, "We are gratified by the expression of confidence in USG Corporation by two premier financial ...  

Investing guru Warren Buffett teamed up Friday with a Canadian insurance company to provide Chicago-based USG Corp.  

(AP) — Chicago-based building materials supplier USG Corp. said Friday it plans to raise $400 million by selling convertible notes, most of which will be bought by Warren Buffett's Berkshire Hathaway Inc. Berkshire agreed to buy $300 million of USG's 10 percent contingent convertible senior...  

USG Corporation (NYSE: USG) shares are surging this morning.  The sheet rock and building products company has reported that it has entered into an agreement to sell a total of $400 million of 10 percent contingent convertible senior notes due 2018.  What is more important is who they are...  

Building materials supplier USG Corp. said Friday it plans to raise $400 million by selling convertible notes, most of which will be bought by Warren Buffett's Berkshire Hathaway Inc.  

Nov. 21 (Bloomberg) -- Billionaire investor Warren Buffett's Berkshire Hathaway Inc . agreed to buy $300 million of debt from USG Corp ., the biggest maker of gypsum wallboard in the U.S.  

Chicago-based building materials supplier USG Corp. said Friday it plans to raise $400 million by selling convertible notes, most of which will be bought by Warren Buffett's Berkshire Hathaway.  

Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/USG+Corp.+%28USG%29+Sees+Restructuring+Initiatives+Resulting+in+Cost+Savings+of+%24125M/4156688.html for the full story.  

Shares of USG Corp. jumped Friday after the maker of gypsum wallboard and other building supplies said it is raising $400 million, much of it from Warren Buffett's Berkshire Hathaway Inc.  

Cash-strapped USG Corp. said investor Warren Buffett and a Canadian insurance concern have teamed up to provide USG with a $400 million cash infusion, through the purchase of potentially lucrative contingent ...  

Pan American Silver Corp. , John Bean Technologies Corp. and USG Corp. are among the biggest percentage gainers in Friday's trading among companies with...  

Cash-strapped USG Corp. said investor Warren Buffett and a Canadian insurance concern have teamed up to provide USG with a $400 million cash infusion, through the purchase of potentially lucrative contingent convertible notes.  

Building products manufacturer USG Corp. said Thursday that it is taking restructuring measures such as cuts to capital spending and jobs in response to the sagging construction ...  

USG Corp. (USG) says its current restructuring initiatives will result in more than $125 million in annualized cost savings. Also, says it plans to reduce capital expenditures by ...