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  • BOSTON, Nov 20- Irving Oil has told regulators that recent air quality testing it commissioned around its oil-by-rail terminal in Saint John, New Brunswick, Canada's largest such facility, shows no cause for public health concern. All the pollutants measured in the study "were found to be below available regulatory objective limits," Irving said in a summary...

  • FACTBOX-Proposed U.S. nuclear power reactors Wednesday, 19 Nov 2014 | 4:20 PM ET

    Nov 19- The U.S. Nuclear Regulatory Commission on Wednesday said its staff found no safety reasons that would prevent the approval of a license for a proposed new reactor at DTE Energy Co's Fermi nuclear power plant in Michigan. This is not the final approval for the project but is an important step in the process. DTE filed to build and operate a new reactor at Fermi...

  • WASHINGTON, Nov 19- Starts for U.S. single-family homes rose for a second straight month in October and building permits neared a 6-1/ 2- year high, suggesting the housing market was still on a recovery path. The Commerce Department said on Wednesday groundbreaking for single-family homes, which account for more than two-thirds of the market, increased 4.2...

  • *Overall housing permits highest since June 2008. WASHINGTON, Nov 19- Starts for U.S. single-family homes rose for a second straight month in October and overall building permits approached a 6-1/ 2- year high, suggesting the housing market was still on a recovery path. The Commerce Department said on Wednesday groundbreaking for single-family homes, which...

  • WASHINGTON, Nov 19- U.S. housing starts unexpectedly fell in October, but a jump in permits to near a 6-1/ 2- year high suggested the housing market was steadily regaining strength. Groundbreaking slipped 2.8 percent to a seasonally adjusted annual 1.009 million-unit pace, the Commerce Department said on Wednesday. September's starts were revised up to a 1.038...

  • UPDATE 1-Lowe's raises full-year profit, sales forecast Wednesday, 19 Nov 2014 | 6:49 AM ET

    Nov 19- Lowe's Cos Inc, the No. 2 U.S. home improvement products retailer, raised its full-year profit and sales forecast as an improving job market encourages home owners to increase spending on renovations. Lowe's raised its profit forecast to $2.68 per share from $2.63. The company also said it expects sales to grow 4.5-5 percent for the year ending Jan. 30, 2015,...

  • SAO PAULO, Nov 18- A graft investigation at Brazilian state-run oil company Petroleo Brasileiro SA is hurting the credit outlook for major suppliers accused of participating in the alleged bribery scheme, Moody's Investors Service said on Tuesday. Moody's downgraded its rating of Mendes Junior Trading e Engenharia SA to B3 from B2 and put a negative outlook...

  • *EDF says Areva unable to deliver key ingredients in time. PARIS, Nov 18- French utility EDF announced a new one-year delay for its Areva- designed EPR nuclear reactor in Flamanville, France, which it now expects to be connected to the grid in 2017, a decade after construction started. EDF said the delay was due to Areva's difficulties with ensuring a timely delivery...

  • Nov 18- Home Depot Inc, the world's No.1 home improvement chain, reported better-than-expected quarterly sales as an improving job market encouraged Americans to spend more on renovations. The retailer is facing at least 44 civil lawsuits related to the breach in the United States and Canada. Home Depot's net income rose to $1.54 billion, or $1.15 per share, in...

  • Nov 18- Home Depot Inc, the world's No.1 home improvement chain, reported a better-than-expected quarterly profit as an improving job market encouraged Americans to spend more on renovations. The retailer is facing at least 44 civil lawsuits related to the breach in the United States and Canada. Home Depot's net income rose to $1.54 billion, or $1.15 per share, in...

  • SAO PAULO, Nov 12- Brazilian homebuilder MRV Engenharia e Participacoes SA beat profit expectations for the third quarter as strong demand for low-income housing helped offset a rise in cancellations. Belo Horizonte, Brazil- based MRV said on Wednesday that net income rose 3.3 percent to 135 million reais in the quarter from a year earlier, beating estimates of...

  • MEXICO CITY, Nov 12- Mexico's Central Bank will adjust its annual growth forecast next week, Gov. The IMF expects Mexico's economy to grow by 2.4 percent this year as expansion picks up after a harsh winter in the United States crimped American demand for Mexican factory exports and the construction sector sagged in early 2014.. Mexico's economy expanded by a...

  • U.S. homebuilders D.R. Horton Inc and Toll Brothers Inc reported jumps in orders this week at rates not seen since last year. "The buyers realize that they're never going to get this kind of low interest rate environment," said David Crowe, chief economist at the National Association of Home Builders. Wayne Wellington, a 47- year old inspector at the Broward County...

  • Nov 11- D.R. Horton Inc, the largest U.S. homebuilder, reported better-than-expected quarterly revenue and said orders jumped 38 percent, suggesting an uptick in housing demand. D.R. Horton's customers are returning after being hit especially hard by soaring home prices and rising interest rates in the first eight months of the year. D.R. Horton's revenue from...

  • D.R. Horton revenue boosted by higher home prices Tuesday, 11 Nov 2014 | 7:16 AM ET

    Nov 11- D.R. Horton Inc, the largest U.S. homebuilder, reported a 33 percent jump in quarterly revenue as it sold more homes at higher prices. The company's net income rose to $166.3 million, or 45 cents per share in the fourth quarter ended Sept. 30, from $139.5 million, or 40 cents per share, a year earlier. Revenue rose to $2.42 billion from $1.82 billion.

  • Nov 10- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a 29 percent jump in quarterly revenue after it sold more homes at higher prices as housing demand strengthened. Toll Brothers said the number of homes it finished rose 22 percent to 1,807 in the fourth quarter ended Oct. 31, while the average selling price rose 6.3 percent to $747,000 from a...

  • Toll Brothers sells more homes at higher prices Monday, 10 Nov 2014 | 7:13 AM ET

    Nov 10- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a 29 percent jump in quarterly revenue as it sold more homes at higher prices. The number of homes finished rose 22 percent to 1,807 in the fourth quarter ended Oct. 31, while the average selling price rose 6.3 percent to $747,000, the company said on Monday. Total revenue rose to $1.35 billion from...

  • Sears has been trying to raise cash to get it through the build-up to the year-end shopping season and it has repeatedly turned to Chief Executive Eddie Lampert and his hedge fund, which together own 48.5 percent of Sears. Sears said on Friday it sold a full-line store in Cupertino, California for $102.5 million in October. Sears full-line stores are mall-based...

  • UK CONSTRUCTION PMI FALLS TO 5- MONTH LOW IN OCT- MARKIT/ CIPS@. The Markit/ CIPS UK construction PMI fell to 61.4 in October from 64.2 in September, a steeper decline than the drop to 63.5 forecast in a Reuters poll of economists. "October's survey provides the first indication that the chill winds blowing across the UK housing market have started to weigh on the...

  • WASHINGTON, Nov 3- U.S. manufacturing activity unexpectedly accelerated in October as new orders rebounded strongly, which should ease concerns of a significant moderation in economic growth in the fourth quarter. Other data on Monday showed strong automobile sales last month, although top-seller General Motors Co missed expectations.