GO
Loading...

Construction and Engineering

More

  • Coalition of business owners opposes right to work Wednesday, 17 Dec 2014 | 12:58 PM ET

    MADISON, Wis.— A newly formed coalition of more than 300 construction-related private businesses in Wisconsin announced Wednesday that it will work to defeat a right-to-work proposal being discussed by Republican leaders in the Legislature. Formation of the group comes as talks proceed behind the scenes among Republicans who control the Legislature...

  • Early Glance: Homebuilders companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    DR Horton rose$. 23 or 1.0 percent, to $23.60. Hovnanian Enterprises Inc. rose$. 06 or 1.6 percent, to $3.84. Lennar Corp. rose$. 88 or 2.1 percent, to $42.20.

  • Early Glance: Construction companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Fluor rose$. 36 or. 6 percent, to $56.65. Quanta Services Inc. rose$. 18 or. 7 percent, to $25.71.

  • U.S. Architecture Billings Index falls in November Wednesday, 17 Dec 2014 | 12:01 AM ET

    Dec 17- The Architecture Billings Index, an indicator of U.S. non-residential building activity, fell in November, the American Institute of Architects said on Wednesday. The index fell to 50.9 in November from 53.7 in October. Heading into next year, architecture firms are concerned with finding quality contractors for projects and coping with high costs of...

  • *Honda CEO frustrated by Takata failure to explain defect. *Takata says Honda did not disclose any faults uncovered. Two senior Honda insiders, who asked not to be named, said the tests on 100-150 Takata air bags at Honda's quality centre near Utsunomiya, north of Tokyo, in the first half of this year indicated shortcomings in Takata's manufacturing quality and...

  • NEW YORK/ LOS ANGELES, Dec 16- The National Labor Relations Board is expected to rule soon on if, and how, companies can be held responsible for labor violations carried out by their contractors or franchisees- a move that could have far-reaching implications for businesses. In fact, if a conflict is found between the NLRB's stance and findings from other state and...

  • Final Glance: Homebuilders companies Tuesday, 16 Dec 2014 | 6:41 PM ET

    DR Horton fell$. 41 or 1.7 percent, to $23.37. Hovnanian Enterprises Inc. fell$. 24 or 6.0 percent, to $3.78. Lennar Corp. fell$. 36 or. 9 percent, to $41.32.

  • Final Glance: Construction companies Tuesday, 16 Dec 2014 | 6:41 PM ET

    NEW YORK— Shares of some top construction companies were down at the close of trading:. Fluor fell$. 38 or. 7 percent, to $56.29. Quanta Services Inc. fell$. 32 or 1.2 percent, to $25.53.

  • Rio prosecutors file new case against Petrobras Tuesday, 16 Dec 2014 | 4:30 PM ET

    RIO DE JANEIRO— Officials from Rio de Janeiro public prosecutors' office said Tuesday that they've filed legal action against Brazil's scandal-mired oil company, Petrobras, as well as top builder Andrade Gutierrez. Authorities there allege top officials from Petrobras operated a kickback scheme on contracts worth upward of $4 billion, with money from the...

  • Midday Glance: Construction companies Tuesday, 16 Dec 2014 | 1:20 PM ET

    NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Fluor rose$. 68 or 1.2 percent, to $57.35. Quanta Services Inc. rose$. 15 or. 6 percent, to $26.00.

  • Midday Glance: Homebuilders companies Tuesday, 16 Dec 2014 | 1:20 PM ET

    DR Horton fell$. 06 or. 3 percent, to $23.72. Hovnanian Enterprises Inc. fell$. 08 or 2.0 percent, to $3.94. Lennar Corp. rose$. 42 or 1.0 percent, to $42.10.

  • RIO DE JANEIRO, Dec 16- Prosecutors in Rio de Janeiro said on Tuesday that they were seeking to indict the former chief executive officer of Brazilian state-run oil company Petroleo Brasileiro SA and a leading local construction and engineering firm for fraud. This list includes Jose Sergio Gabrielli, CEO from July 2005 to January 2012 and Renato Duque, the...

  • Early Glance: Construction companies Tuesday, 16 Dec 2014 | 10:20 AM ET

    NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Fluor rose $1.07 or 1.9 percent, to $57.74. Quanta Services Inc. rose$. 33 or 1.3 percent, to $26.18.

  • Early Glance: Homebuilders companies Tuesday, 16 Dec 2014 | 10:20 AM ET

    DR Horton rose$. 02 or. 1 percent, to $23.80. Hovnanian Enterprises Inc. fell$. 07 or 1.7 percent, to $3.95. Lennar Corp. fell$. 09 or. 2 percent, to $41.59.

  • WASHINGTON, Dec 16- U.S. housing starts and permits fell in November, but remained at levels consistent with a gradually improving housing market. Groundbreaking declined 1.6 percent to a seasonally adjusted annual pace of 1.028 million units, the Commerce Department said on Tuesday. Higher mortgage rates are also a constraint, although they have declined...

  • US home construction drops 1.6 percent in November Tuesday, 16 Dec 2014 | 8:33 AM ET

    WASHINGTON— Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes. Builders started construction at a seasonally adjusted annual rate of 1.03 million homes and apartments last month, the Commerce Department reported Tuesday. Jennifer Lee, senior economist at BMO Capital Markets, noted that...

  • WASHINGTON, Dec 16- U.S. housing starts and permits fell in November, but the underlying trend remained consistent with an improving housing market. Groundbreaking declined 1.6 percent to a seasonally adjusted annual 1.028 million-unit pace, the Commerce Department said on Tuesday. Higher mortgage rates are also a constraint, although they have since...

  • Ahead of the Bell: US home construction Tuesday, 16 Dec 2014 | 7:02 AM ET

    WASHINGTON— The Commerce Department reports on U.S. home construction in November. The report will be released at 8:30 a.m. EST Tuesday. The National Associated of Home Builders/ Wells Fargo builder sentiment index took a small dip in December but remains in positive territory.

  • Pact reached before trial over flawed Vegas hotel Tuesday, 16 Dec 2014 | 6:11 AM ET

    LAS VEGAS— A last-minute settlement avoided trial Tuesday in a massive civil breach-of-contract lawsuit involving casino giant MGM Resorts International and six of seven contractors on a never-opened Las Vegas Strip tower called the Harmon. Several jurors gasped when Clark County District Court Judge Elizabeth Gonzalez announced the parties reached...

  • Watchdog: 1-year delay possible at Ga. nuke plant Tuesday, 16 Dec 2014 | 2:05 AM ET

    An analyst working for Georgia's utility regulators has estimated a one-day delay would cost $2 million for Georgia Power, whose customers ultimately pay the utility's construction costs. Georgia Power never endorsed the $2 million- per-day estimate. "Benefits may be delayed, but they don't disappear with a schedule extension," Georgia Power spokesman Brian...