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Construction and Engineering

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  • Oct 24- PulteGroup Inc, the No.2 U.S. homebuilder, booked fewer orders for new homes in the third quarter as demand was hurt by a rise in mortgage rates and the threat of a debt default by the U.S. government. The shortage of ready-to-develop land has also affected PulteGroup and D.R. Horton Inc, the largest U.S. homebuilder, more than their peers.

  • Oct 24- PulteGroup Inc, the No.2 U.S. homebuilder, said orders fell 17 percent in the third quarter as higher interest rates delayed home sales. Net profit rose to $2.28 billion, or $5.87 per share, from $116.6 million, or 30 cents per share, a year earlier.

  • Oct 23- Edward Andrews Homes, a single-family homebuilder and land developer, said it has teamed up with the real estate arm of Carlyle Group LP to build single-family homes, a sign of continuing private equity interest in the U.S. property market.

  • Is there any silver lining for Caterpillar?     Wednesday, 23 Oct 2013 | 10:35 AM ET

    Ann Duignan, JPMorgan, and Eli Lustgarten, Longbow Research, break down Caterpillar's issues and the machinery maker's 3Q earnings miss.

  • In 2010 the Kuwait Investment Authority paid 600 million euros for a 4.8 percent stake in French nuclear group Areva. The utility announced on Monday that an EDF-led consortium would build two Areva- designed reactors in the UK.

  • UK construction recovery should continue     Tuesday, 22 Oct 2013 | 11:00 AM ET

    Simon Rubinsohn, chief economist at RICS, discusses U.K construction, which is beginning the pick-up, especially in the housing sector, and expects it to continue through the rest of this year into 2014.

  • US construction spending approaches 4-1/2 year high Tuesday, 22 Oct 2013 | 10:06 AM ET
    Tyvek attic wrap from DuPont

    U.S. construction spending hit a near 4-1/2 year high in August, boosted by increases in both private and public outlays, a hopeful sign for third-quarter economic growth.

  • U.S. construction spending approaches 4-1/2 year high Tuesday, 22 Oct 2013 | 10:01 AM ET

    WASHINGTON, Oct 22- U.S. construction spending hit a near 4-1/ 2 year high in August, boosted by increases in both private and public outlays, a hopeful sign for third-quarter economic growth. Construction spending increased 0.6 percent to an annual rate of $915.1 billion, the highest level since April 2009, the Commerce Department said on Tuesday.

  • EDF, Britain in $26 billion deal for nuclear plant Monday, 21 Oct 2013 | 2:35 AM ET
    Hinkley Point Nuclear Power Station

    French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.

  • Komatsu: China market among Asia's bright spots     Thursday, 26 Sep 2013 | 9:42 PM ET

    Tetsuji Ohashi, President & CEO of Komatsu warns that construction and mining across Asia remains weak and explains why he's cautiously optimistic on China.

  • Trade of the day: buy UK construction firms?     Thursday, 12 Sep 2013 | 5:32 AM ET

    How do you make money in these markets? Here is what some of the experts have been saying to CNBC.

  • Full week of economic data     Tuesday, 3 Sep 2013 | 7:52 PM ET

    The ISM Manufacturing Index beat expectations and increased to 55.7 in August, and construction spending rose to a new 4-year high. Can we expect a strong rest of 2013? Jim Pethokoukis, American Enterprise Institute, and Ron Kruszewski, Stifel Nicolaus, discuss.

  • London skyscraper scorches pedestrians, car Tuesday, 3 Sep 2013 | 1:32 AM ET

    The owners of one of the City's newest skyscrapers are mulling a partial redesign after sunlight reflected from its windows scorched pedestrians and damaged parked cars, the FT reports.

  • Trade of the day: be long US dollar?     Monday, 2 Sep 2013 | 5:33 AM ET

    How do you make money in these markets? Here is what some of the experts have been saying to CNBC.

  • Why UK growth number was revised     Friday, 23 Aug 2013 | 11:20 AM ET

    Philip Shaw, chief economist at Investec, discusses the U.K.'s upwardly-revised second quarter GDP number, and why the positive momentum is sustainable.

  • 'Elysium' disappoints at the box office     Monday, 12 Aug 2013 | 7:25 PM ET

    CNBC's Courtney Reagan reports on the 60-foot wide sinkhole that happened Sunday night in Florida, and Elysium made $30 million at the box office this weekend.

  • Stock in 60 seconds: Clough     Tuesday, 30 Jul 2013 | 11:18 PM ET

    For the daily 'Stock in 60' segment, CNBC's Matthew Taylor looks at shares of Australian engineering firm Clough, which surged 28 percent after receiving a buy-out offer from Murray & Roberts.

  • The anti-energy president?     Monday, 29 Jul 2013 | 7:52 PM ET

    CNBC's Bertha Coombs reports police arrested a woman in connection with the green paint vandalism in Washington DC. Also, President Obama said the Keystone Pipeline "might create 2,000 jobs during construction," though TransCanada estimates there will be 13,000 jobs in construction alone, and 20,000 overall. John Kilduff, Again Capital, shares his opinions.

  • China's latest austerity target? State buildings Wednesday, 24 Jul 2013 | 1:38 AM ET

    China has banned the construction of government offices for the next five years, ratcheting up an austerity campaign that has already taken a toll on the economy. The FT reports.

  • Land Securities spotted supply constraint: CEO     Wednesday, 17 Jul 2013 | 3:04 AM ET

    Robert Noel, CEO of Land Securities explains that they started building during the financial crisis as they had spotted a supply constraint and now have sites near completion as the U.K. economy is picking up.

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