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Capital Goods Construction and Engineering

  • SCOTTSDALE, Ariz. _ A V Homes Inc. on Thursday reported first-quarter profit of $2.4 million. A V Homes shares have climbed roughly 6 percent since the beginning of the year. Keywords: A V Homes, Earnings Report.

  • WILMINGTON, Del, April 27- The owners of one of the first new U.S. nuclear power plants in decades said the half-finished reactors might not be completed without changes to a proposed $800 million loan to the bankrupt builder, Westinghouse Electric Co LLC. Westinghouse filed for bankruptcy in March, blaming billions of dollars of cost overruns at two nuclear...

  • A teacher instructs her classroom of first graders at an elementary school in Washington, DC.

    Hiring projections are rosy for the Class of 2017, according to CareerBuilder. The outlook is even better for some sectors than others.

  • ALISO VIEJO, Calif. _ The New Home Co. on Thursday reported first-quarter net income of $846,000, after reporting a loss in the same period a year earlier. The Aliso Viejo, California- based company said it had net income of 4 cents per share. Keywords: New Home Co., Earnings Report.

  • MINSK, Belarus— About 400 people have marched in Belarus' capital to mark the anniversary of the 1986 Chernobyl nuclear power plant disaster and protest the construction of a nuclear plant in the country. Wednesday was the 31st anniversary of the explosion and fire at the nuclear plant in neighboring Ukraine. About a quarter of Belarus' territory was...

  • CAPE TOWN, April 26- A South African pact with Russia's Rosatom to build nuclear reactors was deemed unlawful by a High Court on Wednesday, casting fresh doubt over the country's energy plans. South Africa and Russia signed an Intergovernmental Agreement in 2014 that sealed a cooperation pact between state-owned nuclear group Rosatom and state-owned...

  • CAPE TOWN, April 26- A South African pact with Russia's Rosatom to build nuclear reactors was deemed unlawful by a High Court on Wednesday, casting fresh doubt over the country's energy plans. South Africa and Russia signed an Intergovernmental Agreement in 2014 that sealed a cooperation pact between state-owned nuclear group Rosatom and state-owned...

  • CAPE TOWN, April 26- A South African pact with Russia's Rosatom to build nuclear reactors was deemed unlawful by a High Court on Wednesday, casting fresh doubt over the country's energy plans. South Africa and Russia signed an Intergovernmental Agreement in 2014 that sealed a cooperation pact between state-owned nuclear group Rosatom and state-owned...

  • COLUMBUS, Ohio _ M/I Homes Inc. on Wednesday reported first-quarter earnings of $16.9 million. M/I Homes shares have climbed slightly since the beginning of the year. Keywords: M/I Homes, Earnings Report.

  • *Suspends all Vanke, subsidiary sales in Xian. HONG KONG, April 26- The housing authority of China's Xian city on Wednesday said it has suspended sales of projects by China Vanke Co Ltd, the country's second-biggest homebuilder by sales, citing property transactions that it suspects are "against regulation." "Based on our estimate, sales from Xian accounted for...

  • HONG KONG, April 26- The housing authority of China's Xian city on Wednesday said it has suspended sales of projects by China Vanke Co Ltd, the country's second-biggest homebuilder by sales, citing property transactions that it suspects are "against regulation." The Xian House Management Bureau, in the statement on its website dated April 24, said it suspects...

  • WASHINGTON, April 25- U.S. homebuilders on Tuesday criticized as "short-sighted" a government decision to impose anti-subsidy duties on imports of Canadian softwood lumber, saying it would cost American workers nearly $500 million in lost wages and raise house prices. The National Association of Homebuilders said the duties averaging 20 percent announced...

  • WASHINGTON, April 25- U.S. consumer confidence fell from a more than 16- year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter. Consumers also have more jobs and are getting higher wages, so they will likely increase their...

  • WASHINGTON, April 25- U.S. consumer confidence fell from a more than 16- year high in April, but a surge in new home sales to an eight-month high last month suggested underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter. The dip in confidence is likely related to last month's failed attempt by Republicans in the House...

  • WASHINGTON— U.S. sales of new homes shot up in March to the fastest pace in 8 months, as more Americans are upgrading their houses in a positive sign for the broader economy. The Commerce Department said Tuesday that new-home sales rose 5.8 percent last month to a seasonally adjusted annual rate of 621,000, the highest rate since July last year.

  • WASHINGTON— U.S. home prices rose steadily upward in February as more homebuyers chased fewer available properties, a trend that many analysts say may not be sustainable. The Standard& Poor's CoreLogic Case-Shiller national home price index, released Tuesday, increased 5.8 percent in February, the most in 32 months. The cities with the biggest annual price...

  • Pulte's shares were down 2.9 percent at $22.40 in premarket trading on Tuesday. Wedbush Securities analyst Jay McCanless said slower-than-expected unit closing pace would come under focus in the post-earnings call, noting that first-quarter housing revenues and unit closing were below his forecast. Pulte, which mainly sells single-family homes, said the...

  • Pulte, which sells single-family detached homes, said the average price of homes increased to $375,000 from $353,000 a year earlier, while the number of homes sold rose to 4,225 from 3,945.. The company's net income rose to $91.5 million, or 28 cents per share, in the first quarter ended March 31, from $83.3 million, or 24 cents per share, a year earlier.

  • April 25- U.S. homebuilder PulteGroup Inc reported a 9.9 percent rise in quarterly profit, aided by higher home sales and average selling prices. The company's net income rose to $91.5 million, or 28 cents per share, in the first quarter ended March 31, from $83.3 million, or 24 cents per share, a year earlier. Home sale revenue rose 13.7 percent to $1.59 billion.

  • SAO PAULO— Grinning in front of the camera, the former CEO of the huge Brazilian builder at the center of the world's biggest corruption scandal spoke frankly about the billions in bribes and illegal financing that the Odebrecht company put into the pockets and campaign coffers of politicians and public officials. "All of this is institutionalized," Emilio...