BEIJING, April 21- China may sign as early as next year the first of several contracts for eight new nuclear reactors from Westinghouse Electric Co, as the government presses ahead with the world's biggest civilian nuclear power expansion since the 2011 Fukushima disaster in Japan.» Read More
Fluor rose $1.48 or 2.0 percent, to $77.32. Foster Wheeler rose$. 27 or. 8 percent, to $33.50. Quanta Services Inc. rose$. 51 or 1.4 percent, to $35.83.
DR Horton rose$. 18 or. 8 percent, to $21.86. Hovnanian Enterprises Inc. fell$. 02 or. 4 percent, to $4.48. Lennar Corp. fell$. 02 or. 1 percent, to $38.77.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 19 or. 6 percent, to $33.42. Quanta Services Inc. rose$. 62 or 1.8 percent, to $35.94.
DR Horton fell$. 04 or. 2 percent, to $21.64. Hovnanian Enterprises Inc. fell$. 02 or. 4 percent, to $4.48. Lennar Corp. fell$. 24 or. 6 percent, to $38.55.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 20 or. 6 percent, to $33.43. Quanta Services Inc. rose$. 42 or 1.2 percent, to $35.74.
DR Horton rose$. 16 or. 7 percent, to $21.84. Lennar Corp. rose$. 18 or. 5 percent, to $38.97. Pulte Homes Inc. rose$. 18 or 1.0 percent, to $18.87.
WASHINGTON, April 16- U.S. housing starts rose but below market expectations and building permits fell in March, pointing to underlying weakness in the housing market that could persist despite improving weather.
WASHINGTON— U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. Builders started work on 946,000 homes at a seasonally adjusted annual rate in March, up 2.8 percent from 920,000 in February, the Commerce Department said Wednesday.
WASHINGTON— US home building up in March, led by 6 percent gain in single-family home construction.
WASHINGTON, April 16- U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 percent to a seasonally adjusted annual rate of 946,000..
WASHINGTON— The Commerce Department reports on U.S. home construction in March. BUILDER CONFIDENCE: On Tuesday, the National Association of Home Builders reported that builders' confidence rose slightly in April but remained at a low level.
April 15- Associated Materials Group Inc, a maker of home-building products, said on Tuesday it had decided to withdraw its plans for an initial public offering. Last July, the company, owned by buyout firm Hellman& Friedman LLC, filed with the U.S. Securities and Exchange Commission for an IPO of up to $100 million.
JACKSON, Miss.— Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant.
The Dow Jones U.S. Home Construction index has regained much of the ground lost in the second half of 2013, when rising mortgage rates and wider economic uncertainty broke an 18- month winning streak for homebuilder stocks. The average forecast covers D.R. Horton Inc, PulteGroup Inc, Lennar Corp, KB Home and Toll Brothers Inc..
WASHINGTON, April 15- U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course. "The sharp upswing in housing costs could be an early signal of a more sustained push higher in inflation," said Millan Mulraine, deputy chief economist at TD Securities in New York.
NEW YORK— U.S. stocks are moving lower in midday trading, giving up an early gain. Beazer Homes, Ryland Group and other homebuilder stocks fell after a survey showed that the industry's confidence in the housing market remains low. Johnson& Johnson rose 2 percent after reporting higher profits.
WASHINGTON— U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.
President Obama said to President Putin during a phone call that Russia would have to face further sanctions if it continues its actions in Ukraine.
MUSCAT, April 15- Oman said it would extend curbs on the hiring of foreign workers in construction and housekeeping as part of efforts to save more jobs for local citizens and limit outflows of money from the economy.
DR Horton rose$. 15 or. 7 percent, to $21.76. Hovnanian Enterprises Inc. fell$. 07 or 1.5 percent, to $4.55. Lennar Corp. rose$. 22 or. 6 percent, to $38.95.