Construction and Engineering
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DR Horton fell$. 31 or 1.3 percent, to $23.35. Hovnanian Enterprises Inc. fell$. 10 or 1.8 percent, to $5.61. Lennar Corp. fell$. 47 or 1.1 percent, to $41.07.
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Foster Wheeler rose$. 38 or 1.5 percent, to $26.49. Quanta Services Inc. fell$. 31 or 1.1 percent, to $28.66. Shaw Group rose$. 04 or. 1 percent, to $47.36.
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The European Commission this week said it was putting on hold transfers of money due to Poland for road projects, which could add up to about 5 billion euros, because it wants assurances the alleged fraud could not be repeated on other projects in Poland, the biggest recipient of European Union funds.
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DR Horton rose$. 11 or. 5 percent, to $23.77. Hovnanian Enterprises Inc. rose$. 08 or 1.4 percent, to $5.79. Lennar Corp. rose$. 16 or. 4 percent, to $41.70.
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Foster Wheeler rose$. 47 or 1.8 percent, to $26.58. Quanta Services Inc. fell$. 08 or. 3 percent, to $28.89. Shaw Group rose$. 10 or. 2 percent, to $47.42.
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CINCINNATI-- Construction began Thursday on a consumer-data company's new $122 million headquarters in the heart of downtown Cincinnati, a development being touted for deepening the city's ongoing transformation from a declining Rust Belt dinosaur to a region pulsing with new development and revitalization.
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DR Horton rose$. 46 or 2.0 percent, to $24.12. Hovnanian Enterprises Inc. rose$. 16 or 2.8 percent, to $5.87. Lennar Corp. rose$. 56 or 1.3 percent, to $42.10.
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Foster Wheeler rose$. 13 or. 5 percent, to $26.24. Quanta Services Inc. rose$. 17 or. 6 percent, to $29.14. Shaw Group rose$. 10 or. 2 percent, to $47.42.
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WASHINGTON, Feb 1- U.S. construction spending rose in December, with strong gains in home building and business investment outweighing a sharp drop in public works spending by state and local governments. Construction spending increased 0.9 percent to an annual rate of $885 billion, the Commerce Department said on Friday.
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CNBC's Rick Santelli reports the latest numbers on the economy from the business community.
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WASHINGTON-- Builders likely increased construction activity in December, helped in part by warmer than normal weather. Economists forecast that construction spending rose 0.7 percent in December, according to a survey by FactSet.
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Foster Wheeler fell$. 01 or percent, to $26.11. Quanta Services Inc. fell$. 04 or. 1 percent, to $28.97. Shaw Group rose$. 01 or percent, to $47.32.
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DR Horton rose$. 60 or 2.6 percent, to $23.66. Hovnanian Enterprises Inc. fell$. 21 or 3.5 percent, to $5.71. Lennar Corp. fell$. 06 or. 1 percent, to $41.54.
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LOS ANGELES-- Standard Pacific Corp.' s net income soared in the fourth quarter, as the homebuilder recognized a hefty tax benefit and revenue jumped 43 percent fueled by completed home sales.
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DR Horton rose$. 44 or 1.9 percent, to $23.50. Hovnanian Enterprises Inc. fell$. 20 or 3.3 percent, to $5.72. Lennar Corp. fell$. 09 or. 2 percent, to $41.51.
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Foster Wheeler fell$. 04 or. 2 percent, to $26.08. Quanta Services Inc. unchanged at $29.01. Shaw Group rose$. 07 or. 1 percent, to $47.38.
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DR Horton rose$. 06 or. 3 percent, to $23.12. Hovnanian Enterprises Inc. fell$. 12 or 2.0 percent, to $5.80. Lennar Corp. fell$. 29 or. 7 percent, to $41.31.
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Foster Wheeler fell$. 14 or. 5 percent, to $25.98. Quanta Services Inc. rose$. 02 or. 1 percent, to $29.03. Shaw Group rose$. 06 or. 1 percent, to $47.37.
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"Everything today is fairly lofty because of the expectations that are built into the demand that we know is going to be coming," Williams Financial Group analyst David Williams said.
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DR Horton fell$. 76 or 3.2 percent, to $23.06. Hovnanian Enterprises Inc. fell$. 25 or 4.1 percent, to $5.92. Lennar Corp. fell $1.04 or 2.4 percent, to $41.60.