Building Products
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*Consumer costs up by 180 mln pounds 2007-2011- Competition Commission. LONDON/ FRANKFURT, May 21- Britain's dominant cement makers could be forced to sell off plants to tackle a lack of competition which regulators say has cost customers hundreds of millions of pounds.
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LONDON, May 21- Britain's competition regulator may force major cement producers to sell plants as part of efforts to break open the country's cement market, after finding a limited number of players was likely to be causing higher prices.
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WASHINGTON, May 13- U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy. The Commerce Department said on Monday retail sales edged up 0.1 percent after a revised 0.5 percent decline in March.
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WASHINGTON, May 13- U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy. The Commerce Department said on Monday retail sales edged up 0.1 percent after a revised 0.5 percent decline in March.
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SYDNEY, May 6- Two of Australia's biggest building companies have dealt a blow to hopes that commercial and housing construction could help rebalance the faltering economy away from the overweight and slowing mining sector.
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SYDNEY, May 6- Two of Australia's biggest building companies have dealt a blow to hopes that commercial and housing construction could help rebalance the faltering economy away from the overweight and slowing mining sector.
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MADRID, April 29- Private equity firm KKR& Co LP. has agreed to give Spain's Uralita a 320 million euro, seven-year loan, the Spanish firm said in a regulatory filing on Monday. Uralita, a construction materials manufacturer, said the agreement would allow it to repay its bank creditors and bondholders while providing more time and funds to develop its future plans.
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09:55 STOCKS NEWS THAILAND- Citi ups Siam Cement price target on strong results. Siam Cement shares were up 0.8 percent at 490 baht on Thursday after it reported a 47 percent rise in January-March net profit, helped by growth in its core cement and petrochemicals businesses.
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Stephen Sheung, VP & Investment Strategist, SHK Private tells CNBC's Cash Flow which sectors he likes in Europe at the moment.
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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.
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Home supply stores are gearing up ahead of a severe blizzard headed for the Northeast, reports CNBC's Mary Thompson.
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The housing recovery continues. Residential construction is strong, but the commercial business is still spotty.
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Dec 13- International Paper Co is selling its building products unit to Georgia-Pacific LLC for $750 million cash, a move designed to sharpen focus on its massive packaging business.
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Stephen Ross,The Related Companies chairman, discusses breaking ground on New York City's largest privately-funded building project.