*Firms says default certain for repayments on $500 mln 2020 bonds. HONG KONG, Nov 11- China Shanshui Cement warned investors it will default on more than $300 million of onshore debt payments due on Thursday and will seek to appoint liquidators, a sign Chinese authorities are more willing to let weak firms fail. "It's a sign that bailouts are not for everybody and...» Read More
Stefan Kirsten, CFO of Vonovia (formerly Deutsche Annington), says his company's hand was forced by Deutsche Wohnen's plan to merge with LEG.
Oct 6- Auto parts maker Johnson Controls Inc is in talks to buy industrial battery maker EnerSys, the Wall Street Journal reported, citing people familiar with the matter. Shares of EnerSys were up 5.2 percent at $61.97, while Johnson Controls was slightly down at $42.98 on the New York Stock Exchange in late afternoon trading. Up to Monday's close, Johnson...
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.
TOKYO, Sept 16- The dollar firmed in Asian trade on Wednesday, buoyed by a rise in U.S. yields after upbeat consumer spending data kept alive hopes that the U.S. The Commerce Department said retail sales excluding automobiles, gasoline, building materials and food services increased 0.4 percent in August after an upwardly revised 0.6 percent increase in July.
Retail sales rise 0.6% in July; auto sales, restaurant meals and building supplies show big gains.
ATHENS, July 30- Buoyant sales in the United States helped Greece's second-largest cement maker Titan post a 26 percent rise in second-quarter profit on Thursday despite dire economic conditions at home. About 80 percent of Titan's revenue comes from the United States, where higher demand for building materials and a stronger dollar boosted performance in...
*Maintains interim dividend of $0.32 per share. *Takes non-cash impairment of $3.5 billion. LONDON, July 24- Global mining company Anglo American will shed about 6,000 jobs in the next couple of years as it fights rapidly deteriorating market conditions that have dragged its shares down to a 13- year low this week.
Mike Kane, CEO of Boral, says significant cost cuts for the past 2 years and improving housing sectors in key markets like Australia and the U.S. helped the firm to return to profitability.
CNBC's Phil Han reports from the Battersea Power Station and finds out more about this multi-billion dollar redevelopment of the site.
Philip Parker, CIO of Altair Asset says he sold out of News Corp prior to the split, but would look at investing back in the company's 21st Century Fox business for U.S. dollar earnings exposure.
Stephen Sheung, VP & Investment Strategist, SHK Private tells CNBC's Cash Flow which sectors he likes in Europe at the moment.
David Goldberg, homebuilders and building products analyst at UBS, says after last year's U.S. homebuilders rally there is a lot of profit-taking, so investors who want to be long in housing now, have to go further up on the risk curve to less safer names.
Home supply stores are gearing up ahead of a severe blizzard headed for the Northeast, reports CNBC's Mary Thompson.
The housing recovery continues. Residential construction is strong, but the commercial business is still spotty.
Stephen Ross,The Related Companies chairman, discusses breaking ground on New York City's largest privately-funded building project.
CNBC's Courtney Reagan delivers the latest news on the damaged crane which is dangling in midtown Manhattan. Louis Coletti, Building Trades Employers' Association president & CEO, also weighs in.
Matthew Espe, Armstrong World Industries CEO, discusses the growth in remodeling for both commercial and residential construction, and a look at the slowly improving housing market.
Australian building products maker James Hardie Industries posted third-quarter profit below forecasts and gave a downbeat outlook, saying there were few signs of sustainable recovery in the key U.S. housing market.
First things first -- your startup needs a name! This may seem a silly and frivolous task, but it may be the most important decision you make.