*Shares fall as much as 4.7 pct, stock top FTSE 100 loser. Sept 27- Heating and plumbing products supplier Wolseley plans to close just over 10 percent of its UK branches in response to tough competition and weak trading, it said on Tuesday, a move that could lead to up to 800 job losses and create a more U.S.-focused firm. Wolseley, which makes about 80 percent of its...
NEW YORK— They sell diamond rings in malls and used cars at dealerships, make wrench sets for mechanics and giant combines for farmers. Money lent out at Signet Jewelers, CarMax and tool maker Snap-on has jumped more than 50 percent in four years at each of these companies, 2.5 times the growth of loans at banks. Financing at Deere& Co., which leases much of its farm and...
Aug 29- Building supplies maker USG Corp said it would sell its distribution unit, L&W Supply Corp, to roofing supplier ABC Supply Co Inc for $670 million, as the company looks to cut debt and focus on its high-return gypsum and ceiling businesses. The distribution business accounted for about 38 percent of Chicago- based USG's total sales of $3.78 billion in 2015..
The use of fossil fuels, metal ores and non-metallic minerals has accelerated rapidly since 2000 as emerging economies such as China transform their industries and cities, requiring unprecedented amounts of iron, steel, cement, energy and construction materials. The global economy now needs more material per unit of gross domestic product than it did at the...
Amazon's new dome-shaped headquarters is bringing renewable energy to the work space.
June 10- It is unusual for a presidential candidate, especially a Republican, to attack major U.S. corporations by name. But over the course of his unconventional campaign, Donald Trump, the presumptive Republican nominee, has aimed his fire at a range of companies, mostly for shifting jobs abroad and for building products in foreign markets.
Aviation Industry Corporation of China, China's biggest state-owned aerospace and defence company, has used the strategy twice, while state-owned China National Building Materials Group Co, a state-owned building products company, successfully used it in a case involving allegations that Chinese-made drywall led to health problems for U.S. homeowners.
TOKYO, April 12- Japanese stocks rose on Tuesday as the yen began to retreat from the previous day's 17- month high against the dollar, lifting shares of exporters as well as recently battered banks. Japan's automakers, which rely heavily on overseas sales for profits, outperformed the index after the yen lost about 0.3 percent to the dollar by the end of trading.
Eric Olsen, CEO and chairman at LafargeHolcim, discusses the cement maker's full year earnings and his outlook for the rest of 2016.
Lumber 84 is selling a line of four tiny house models smaller than 200 square feet for the masses.
Heimo Scheuch, CEO of Wienerberger, says the brick manufacturer has worked hard getting back on its feet.
Jeffrey Fairburn, CEO of Persimmon, discusses the company's earnings and building houses for the U.K. property market.
David Ritchie, CEO of Bovis Homes, shares his company's latest results and discusses headwinds in building and construction.
Kokou Agbo-Bloua, global head of flow strategy and solutions at Societe Generale, says financing and funding for house builders is easier today than a few years ago.
Bill Sandbrook, US Concrete CEO, discusses why concrete is doing so well so far this year.
Rob Sindel, CEO of CSR, attributes the company's solid growth for the six months through September to the housing construction boom in Australia.
Stefan Kirsten, CFO of Vonovia (formerly Deutsche Annington), says his company's hand was forced by Deutsche Wohnen's plan to merge with LEG.
RBC Capital Markets Homebuilding and Building Products analyst Robert Wetenhall discusses a bargain that still exist in a hot housing sector.
Alistair Elliott, chairman of Knight Frank, says governments need to be involved to provide more social, affordable housing.
Retail sales rise 0.6% in July; auto sales, restaurant meals and building supplies show big gains.