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  • April 24- Caterpillar Inc on Thursday posted quarterly profit that topped estimates and raised its full-year outlook on a stronger-than-expected rebound in sales to the construction industry. With restructuring costs factored in, Caterpillar made a profit of $1.44 a share.

  • UPDATE 1-Higher home prices boost D.R. Horton's profit Thursday, 24 Apr 2014 | 7:31 AM ET

    April 24- D.R. Horton Inc, the top U.S. homebuilder, reported an 18 percent rise in quarterly profit as a short supply of houses on the market allowed it to raise prices. The housing market had been under strain for the past few months from higher mortgage rates that sidelined potential buyers, but D.R. Horton said in January it expected a strong spring selling season.

  • April 24- PulteGroup Inc, the No. 2 U.S. homebuilder, reported an 8 percent drop in first-quarter profit as a shortage of developed land constrained its ability to build more homes. PulteGroup's average selling price rose 10 percent to $317,000, but was not enough to offset a 10 percent drop in the number of completed homes.

  • Higher home prices boost D.R. Horton's profit Thursday, 24 Apr 2014 | 7:07 AM ET

    April 24- D.R. Horton Inc, the top U.S. homebuilder, reported an 18 percent rise in quarterly profit as it charged more for its houses, and said orders rose 9 percent. The company's net income rose to $131.0 million, or 38 cents per share, in the second quarter ended March 31, from $111.0 million, or 32 cents per share, a year earlier.

  • PulteGroup profit falls 8 pct as home deliveries fall Thursday, 24 Apr 2014 | 6:44 AM ET

    April 24- PulteGroup Inc, the No. 2 U.S. homebuilder, reported an 8 percent drop in quarterly profit as it handed over fewer homes to buyers and said orders fell 6 percent. The company's net income dropped to $74.8 million, or 19 cents per share, in the first quarter ended March 31 from $81.8 million, or 21 cents per share, a year earlier.

  • WASHINGTON, April 23- Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer. The Commerce Department said on Wednesday sales dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units.

  • WASHINGTON, April 23- Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dealing a setback to the housing market recovery. The Commerce Department said on Wednesday sales dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units, declining for a second consecutive month.

  • U.S. new home sales dive to eight-month low in March Wednesday, 23 Apr 2014 | 10:00 AM ET

    WASHINGTON, April 23- Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dealing a setback to the housing market recovery. The Commerce Department said on Wednesday sales dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units, declining for a second consecutive month.

  • WASHINGTON, April 22- U.S. home resales fell to their lowest level in more than 1-1/ 2 years in March, but there were signs a recent downward trend that has plagued the housing market may be drawing to an end. The National Association of Realtors said on Tuesday existing home sales slipped 0.2 percent to an annual rate of 4.59 million units.

  • Taiwan govt says to push on with planned nuclear plant Monday, 21 Apr 2014 | 10:41 PM ET

    TAIPEI, April 22- Taiwan's premier has rejected opposition demands to halt construction of a controversial atomic power plant, sparking threats of street protests from anti-nuclear campaigners.

  • 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.

  • 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.

  • U.S. housing starts rise less than expected, permits fall Wednesday, 16 Apr 2014 | 8:30 AM ET

    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..

  • 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.

  • Scarce land could blunt recovery for U.S. homebuilders Tuesday, 15 Apr 2014 | 2:08 PM ET

    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.

  • Warnings fly in tense call between Obama and Putin Tuesday, 15 Apr 2014 | 9:38 AM ET
    President Barack Obama

    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.

  • PRAGUE, April 14- The Czech Republic wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units and believes the European Union should be more supportive of atomic power, Industry Minister Jan Mladek said on Monday.

  • SATSUMASENDAI, Japan, April 14- On the main road leading from the Sendai nuclear plant in southern Japan, a construction crew is laying down asphalt to widen the evacuation route in the event of a future disaster.