*Infineon knocked by weak sales and outlook. LONDON, Nov 12- European shares fell on Tuesday, drifting away from near five-year highs after a poor revenue report from German chip maker Infineon highlighted weak domestic demand, which is weighing on this quarterly earnings season.» Read More
ZURICH, Nov 5- Holcim, the world's largest cement maker by market value, said on Tuesday it does not expect 2013 sales volumes to reach last year's levels, due in part to sluggish demand in some key emerging markets.
Oct 23- Strong demand for W.R. Grace& Co's construction, packaging and coatings materials helped quarterly profit scrape past analysts' estimates, even as prices of chemical catalysts, its main business, remained low.
SYDNEY, Oct 17- Shares in Australian building materials maker Boral jumped as much as 8 percent on Thursday after it announced a $1.6 billion plasterboard joint venture with its U.S. peer USG Corp.. The joint venture will be owned 50 percent by Boral and 50 percent by USG, for which USG will pay up to $575 million to Boral, according to statements by the two companies.
*HeidelbergCement CEO sees volatility, uncertainty. HEIDELBERG, Germany, Oct 4- HeidelbergCement Chief Executive Bernd Scheifele is facing up to the new reality of a lower growth world, where the priorities are to keep a tight hold on cash for rainy days and not splurge on big acquisitions.
Aug 19- Ares Management LLC and Ontario Teachers' Pension Plan will buy CPG International Inc, betting on the long-awaited recovery in the building products industry, which has lagged the rebound in the broader U.S. housing market.
LONDON, Aug 16- When the British housing market finally showed signs of life earlier this year, Stephen Stone's company tried to order concrete building blocks for a new homes project, only to find he would have to wait months and import them from Germany.
WASHINGTON, July 15- U.S. retail sales rose less than expected in June, adding to signs of a slowdown in economic growth that could argue against the Federal Reserve's plan to start trimming its monetary stimulus later this year. The Commerce Department said on Monday retail sales increased 0.4 percent last month as demand for automobiles soared.
BANGKOK, July 10- Siam Cement Pcl, Thailand's largest industrial conglomerate, plans to raise its 2013 sales growth target and boost cement capacity at home and in Southeast Asia in response to strong demand in the region.
*Third of all gold ever produced came from South Africa. KROMDRAAI/ JOHANNESBURG, South Africa, July 7- A hand drill lying in the hillside tunnel of a 19th- century South African gold mine testifies to the back-breaking labour by black miners that built what was once the world's biggest bullion industry.
*Agrees to sell North American gypsum unit to Lone Star. NEW YORK/ LONDON June 24- Lafarge, the world's largest cement maker, has agreed to sell its North American gypsum business to U.S. private equity firm Lone Star for $700 million as part of efforts to refocus and cut debt.
*Agrees to sell North American gypsum unit to Lone Star. By Greg Roumeliotis and Anjuli Davies. NEW YORK/ LONDON June 24- Lafarge, the world's largest cement maker, has agreed to sell its North American gypsum business to U.S. private equity firm Lone Star for $700 million as part of its drive to divest non-core activities and cut debt.
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.
Stephen Kim, Barclays, explains why building products are not necessarily riding on the coattails of a growing housing industry.
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.