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  • WASHINGTON, Oct 24- Sales of new U.S. single-family homes rose to a six-year high in September, but a sharp downward revision to August's sales pace indicated that the housing recovery remains fragile. The Commerce Department said on Friday that sales increased 0.2 percent to a seasonally adjusted annual rate of 467,000 units, the highest reading since July...

  • Ahead of the Bell: US new-home sales Friday, 24 Oct 2014 | 6:25 AM ET

    WASHINGTON— The Commerce Department reports on sales of new homes in September. The report will be released Friday at 10 a.m. Eastern. More than 8 million homes are "seriously underwater," representing 15 percent of all properties with a mortgage and roughly $1.4 trillion worth of negative equity, according to the housing data company RealtyTrac.

  • Builders FirstSource posts 3Q profit Friday, 24 Oct 2014 | 5:03 AM ET

    DALLAS _ Builders FirstSource Inc. on Friday reported net income of $8.5 million in its third quarter. The Dallas- based company said it had profit of 7 cents per share. Builders FirstSource shares have dropped 21 percent since the beginning of the year.

  • Chinese developers roll out gimmicks as sales slump Thursday, 23 Oct 2014 | 10:49 PM ET

    HONG KONG, Oct 24- Chinese developers are turning to offbeat marketing gimmicks and give-aways as they battle to shift massive inventories of unsold homes and survive the country's biggest economic slowdown since the global financial crisis. China's largest residential developer China Vanke is using social media in a series of quirky campaigns which...

  • Final Glance: Homebuilders companies Thursday, 23 Oct 2014 | 6:02 PM ET

    DR Horton rose$. 24 or 1.1 percent, to $22.94. Lennar Corp. rose$. 51 or 1.2 percent, to $43.31. Pulte Homes Inc. rose$. 33 or 1.7 percent, to $19.51.

  • Final Glance: Construction companies Thursday, 23 Oct 2014 | 6:02 PM ET

    Fluor rose $2.99 or 4.9 percent, to $64.61. Foster Wheeler rose$. 02 or. 1 percent, to $30.35. Quanta Services Inc. rose$. 48 or 1.5 percent, to $32.47.

  • Oct 23- Caterpillar Inc shares jumped more than 5 percent on Thursday after it reported a stronger-than-expected quarterly profit and raised its 2014 outlook, citing strong demand from the North American energy and construction industries. Since then, Caterpillar has focused on cutting production costs and boosting margins, a process that has involved...

  • Midday Glance: Construction companies Thursday, 23 Oct 2014 | 1:51 PM ET

    NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 04 or. 1 percent, to $30.37. Quanta Services Inc. rose$. 68 or 2.1 percent, to $32.67.

  • Midday Glance: Homebuilders companies Thursday, 23 Oct 2014 | 1:51 PM ET

    DR Horton rose$. 36 or 1.6 percent, to $23.06. Hovnanian Enterprises Inc. rose$. 08 or 2.1 percent, to $3.88. Lennar Corp. rose$. 92 or 2.1 percent, to $43.72.

  • Early Glance: Construction companies Thursday, 23 Oct 2014 | 11:56 AM ET

    NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 01 or percent, to $30.34. Quanta Services Inc. rose$. 46 or 1.4 percent, to $32.45.

  • Early Glance: Homebuilders companies Thursday, 23 Oct 2014 | 11:56 AM ET

    DR Horton fell$. 16 or. 7 percent, to $22.54. Hovnanian Enterprises Inc. rose$. 04 or 1.1 percent, to $3.84. Lennar Corp. rose$. 05 or. 1 percent, to $42.85.

  • Oct 23- PulteGroup Inc, the No.3 U.S. homebuilder, reported its smallest quarterly increase in home prices in almost two years, joining peers in suggesting that the steep rise in prices in the past couple of years has dampened demand. Shares of PulteGroup, which focuses on first-time home buyers, fell about 2.5 percent in early trading. "Builders are faced with...

  • Oct 23- PulteGroup Inc, the No. 3 U.S. homebuilder, reported a 4 percent rise in its quarterly revenue from home sales as the company raised prices for the twelfth straight quarter. PulteGroup has boosted revenue by charging more for homes even as it slows the rate at which it builds homes- a step it was forced to take due to a shortage of developed land.

  • Boom! Caterpillar blows doors off estimates Thursday, 23 Oct 2014 | 7:34 AM ET

    Caterpillar reported quarterly earnings that surged past analysts' expectations on Thursday.

  • PulteGroup revenue rises on higher home prices Thursday, 23 Oct 2014 | 6:53 AM ET

    Oct 23- PulteGroup Inc, the No. 3 U.S. homebuilder, reported a 4 percent rise in quarterly revenue from home sales as the company sold homes at higher prices. Average selling price rose 8 percent to $334,000 in the third quarter ended Sept. 30. Home sales revenue, which excludes land sale and financial services revenue, rose to $1.55 billion from $1.49 billion.

  • Final Glance: Construction companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Fluor fell $2.31 or 3.6 percent, to $61.62. Foster Wheeler fell$. 06 or. 2 percent, to $30.33. Quanta Services Inc. fell$. 66 or 2.0 percent, to $31.99.

  • Final Glance: Homebuilders companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    DR Horton rose$. 20 or. 9 percent, to $22.70. Hovnanian Enterprises Inc. fell$. 01 or. 3 percent, to $3.80. Lennar Corp. fell$. 16 or. 4 percent, to $42.80.

  • Midday Glance: Construction companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    NEW YORK— Shares of some top construction companies are mixed at 1 p.m.:. Foster Wheeler rose$. 16 or. 5 percent, to $30.55. Quanta Services Inc. fell$. 25 or. 8 percent, to $32.40.

  • Midday Glance: Homebuilders companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    DR Horton rose$. 18 or. 8 percent, to $22.68. Hovnanian Enterprises Inc. rose$. 02 or. 5 percent, to $3.83. Lennar Corp. fell$. 02 or percent, to $42.94.

  • Early Glance: Construction companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Foster Wheeler rose$. 26 or. 9 percent, to $30.65. Quanta Services Inc. rose$. 14 or. 4 percent, to $32.79.