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  • July 13- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $4 billion to acquire engineering and construction services firm URS Corp. AECOM in a news release said it would pay $56.31 a share in cash and stock for URS. URS stockholders will receive $33 in cash and 0.734 share of AECOM common stock for each URS share.

  • July 13- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $4 billion in cash and stock to acquire URS Corp, an engineering and construction services company, to create a combined company with about $19 billion in annual sales and more than 95,000 employees.

  • July 13- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $6 billion in cash and stock to acquire URS Corp, an engineering and construction services company, to create a combined company with about $19 billion in annual sales and more than 95,000 employees.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2.30 PM ET Friday, 11 Jul 2014 | 2:39 PM ET

    BRUSSELS/ MOSCOW- The European Union seeks to reassure Russia that a free-trade pact with Ukraine is not aimed at hurting Moscow, but rejects calls to postpone implementation, offering more talks instead.

  • NEW YORK, July 11- URS Corp, an engineering and construction services company with a market value of $3.5 billion, has recently held talks with industry rivals and buyout firms about a potential sale of the company, people familiar with the matter said.

  • *Dubai Holding chief Byat says phase one to be ready in 3 yrs. DUBAI, July 8- Dubai Holding, the investment vehicle of the emirate's ruler, will need 25 billion dirhams to build an entertainment district that will include the world's largest shopping mall, its chief executive said on Tuesday.

  • DUBAI, July 5- Dubai is launching a project to build an entertainment and hotel district that will include the world's largest shopping mall, the emirate's ruler, Sheik Mohammed bin Rashid al-Maktoum, said on Saturday.

  • July 2- U.S. strip mall vacancies fell slightly in the second quarter, while retail mall vacancies remained unchanged, real estate research firm Reis Inc said in a report.

  • UK CONSTRUCTION PMI HITS FOUR-MONTH HIGH IN JUNE- MARKIT@. LONDON, July 2- A surge in home-building helped British construction activity to grow at its fastest annual pace in four months in June, bucking expectations for a slowdown, industry data showed on Wednesday.

  • *Now sees adj EBITDA at 380- 400 mln eur vs 419 mln in 2013. FRANKFURT, July 1- Shares in Bilfinger slumped on Tuesday after the German engineering and services group issued a profit warning and said it would have to restructure its power business, entailing "significant" job losses.

  • WASHINGTON, July 1- U.S. manufacturing activity held steady at firmer levels in June and automobile sales were on track to beat expectations, pointing to momentum in the economy after a rough winter. The Institute for Supply Management said on Tuesday its index of national factory activity was at 55.3, little changed from May's 55.4 reading.

  • U.S. construction spending barely rises in May Tuesday, 1 Jul 2014 | 10:00 AM ET

    WASHINGTON, July 1- U.S. construction spending rose less than expected in May, which could prompt a further downgrading of second-quarter economic growth estimates. Construction spending edged up 0.1 percent to an annual rate of $956.1 billion, the Commerce Department said on Tuesday.

  • June 26- Lennar Corp, the second-largest U.S. homebuilder, reported a better-than-expected quarterly profit as it sold more homes at higher prices. Lennar has been able to raise prices despite a choppy recovery in the U.S. housing market as it mainly caters to buyers looking for a second home who are more comfortable with volatile interest rates.

  • June 26- Lennar Corp, the second-largest U.S. homebuilder, reported a better-than-expected quarterly profit as it sold more homes at higher prices. Lennar's average selling price rose 14 percent in the quarter amid tighter supply of homes. Lennar's profit was weighed down by losses in its real estate financing business and multi-family home business.

  • LONDON, June 26- The Bank of England sought to put the brakes on Britain's surging housing market on Thursday by announcing a cap on home loans and tougher checks on whether borrowers can repay their mortgages. Britain's housing market has seen a stellar recovery thanks to record-low interest rates, falling unemployment and government-sponsored schemes.

  • LONDON, June 26- The Bank of England sought to put the brakes on Britain's surging housing market on Thursday by announcing a cap on home loans and tougher checks on whether borrowers can repay their mortgages. Britain's housing market has seen a stellar recovery thanks to record-low interest rates, falling unemployment and government-sponsored schemes.

  • Lennar revenue rises 28 pct on higher home sales Thursday, 26 Jun 2014 | 6:15 AM ET

    June 26- Lennar Corp, the second-largest U.S. homebuilder, reported a 28 percent increase in quarterly revenue as it sold more homes, and said orders rose 8 percent. Revenue rose to $1.82 billion in the second-quarter ended May 31 from $1.43 billion a year earlier. Net income was flat at $137.7 million, or 61 cents per share.

  • UPDATE 1-Homebuilder Woodside Homes files for IPO Wednesday, 25 Jun 2014 | 5:13 PM ET

    The North Salt Lake City, Utah- based company said Credit Suisse, JP Morgan and Deutsche Bank were among the underwriters to the offering. Woodside Homes develops and sells single-family homes across seven primary markets in Arizona, California, Nevada, Texas and Utah.

  • The North Salt Lake City, Utah- based company said Credit Suisse, JP Morgan and Deutsche Bank were among the underwriters to the offering.

  • PANAMA CITY, June 25- Panama's economy grew in April at its slowest pace in more than four years, the government said on Wednesday, hit by a construction workers strike and the end of public work projects. Panama's economy grew at a 2.74 percent rate in April compared to the same period a year earlier, when it expanded by 10.41 percent.