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MELBOURNE, May 21- A spate of profit warnings from Australian mining services firms suggests the country's "once-in-a-century" resources spending boom may have peaked sooner than companies, economists and policymakers had expected.
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DR Horton fell$. 49 or 1.8 percent, to $26.74. Lennar Corp. fell$. 60 or 1.4 percent, to $43.22. Pulte Homes Inc. fell$. 34 or 1.4 percent, to $23.61.
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Fluor rose $1.71 or 2.6 percent, to $66.28. Foster Wheeler rose $1.93 or 8.9 percent, to $23.53. Quanta Services Inc. rose$. 09 or. 3 percent, to $30.29.
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NEW YORK-- Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose $2.23 or 10.3 percent, to $23.83. Quanta Services Inc. rose$. 20 or. 7 percent, to $30.40.
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DR Horton fell$. 28 or 1.0 percent, to $26.95. Hovnanian Enterprises Inc. fell$. 02 or. 3 percent, to $6.00. Lennar Corp. fell$. 55 or 1.3 percent, to $43.27.
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MEXICO CITY, May 20- Mexico's third-largest homebuilder, Urbi Desarrollos, on Monday said it will not meet a $6.4 million interest payment due since last month. The company had previously sought a 30- day grace period to make the payment on its 2016 bonds, but that expired on May 19.
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NEW YORK-- Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 97 or 4.5 percent, to $22.57. Quanta Services Inc. rose$. 24 or. 8 percent, to $30.44.
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DR Horton rose$. 20 or. 7 percent, to $27.43. Hovnanian Enterprises Inc. rose$. 06 or 1.0 percent, to $6.08. Lennar Corp. rose$. 46 or 1.0 percent, to $44.28.
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Fluor rose $2.57 or 4.1 percent, to $64.57. Foster Wheeler rose$. 11 or. 5 percent, to $21.60. Quanta Services Inc. rose$. 46 or 1.5 percent, to $30.20.
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DR Horton rose$. 43 or 1.6 percent, to $27.23. Hovnanian Enterprises Inc. rose$. 15 or 2.6 percent, to $6.02. Lennar Corp. rose$. 88 or 2.0 percent, to $43.82.
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NEW YORK-- Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 22 or 1.0 percent, to $21.71. Quanta Services Inc. rose$. 11 or. 4 percent, to $29.85.
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DR Horton rose$. 31 or 1.2 percent, to $27.11. Hovnanian Enterprises Inc. rose$. 13 or 2.2 percent, to $6.00. Lennar Corp. rose$. 88 or 2.0 percent, to $43.82.
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NEW YORK-- Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 12 or. 6 percent, to $21.61. Quanta Services Inc. rose$. 21 or. 7 percent, to $29.95.
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DR Horton rose$. 41 or 1.5 percent, to $27.21. Hovnanian Enterprises Inc. rose$. 15 or 2.6 percent, to $6.02. Lennar Corp. rose$. 69 or 1.6 percent, to $43.63.
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In the 11 weeks following the storm, Nassau County Executive Ed Mangano reaped at least $144,000 in donations from companies his administration hired to cut trees, repair infrastructure and haul debris, according to an Associated Press analysis of campaign finance and county records.
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DR Horton fell$. 63 or 2.3 percent, to $26.80. Hovnanian Enterprises Inc. fell$. 12 or 2.0 percent, to $5.87. Pulte Homes Inc. fell$. 63 or 2.6 percent, to $23.35.
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Fluor fell$. 29 or. 5 percent, to $62.00. Foster Wheeler fell$. 27 or 1.2 percent, to $21.49. Quanta Services Inc. fell$. 06 or. 2 percent, to $29.74.
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Among the sector activity stories for Thursday, May 16, from AP Business News:. _ Shares of three beer and bourbon makers rose after upgrades by an analyst who wrote that they should benefit from demand trends and other factors.
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MONTERREY, Mexico, May 16- Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term.
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NEW YORK-- Shares of homebuilders tumbled Thursday on a report that U.S. builders broke ground on fewer homes in April, but analysts said the drop could be looked at as a buying opportunity. According to the Commerce Department, builders started construction at a seasonally adjusted annual rate of 853,000, a 16.5 percent drop from the March pace of 1.02 million.