MEMPHIS, Tenn.-- Georgia-Pacific LLC has received a request from the Federal Trade Commission and the antitrust division of the Justice Department for more information and documents related to its acquisition of Buckeye Technologies Inc.. Georgia-Pacific is a privately held Atlanta- based paper, packaging and building products company.» Read More
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.
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.
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.