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  • ANALYSIS-Housing snags tug back France's economy Wednesday, 28 May 2014 | 7:06 AM ET

    PARIS, May 28- Strangled by regulation and high prices, weak French housing investment is proving a major drag on the euro zone's second-biggest economy as it struggles to stage a convincing recovery.

  • May 28- Toll Brothers Inc, the largest U.S. luxury homebuilder, said quarterly profit more than doubled as it sold more homes at higher prices. Toll Brothers said its average selling price rose about 22 percent to $706,000 in the second quarter ended April 30.

  • Toll Brothers quarterly profit more than doubles Wednesday, 28 May 2014 | 5:11 AM ET

    May 28- Toll Brothers Inc, the largest U.S. luxury homebuilder, said quarterly profit more than doubled as it sold more homes at higher prices. The company's net income rose to $65.2 million, or 35 cents per share, in the second quarter from $24.7 million, or 14 cents per share, a year earlier.

  • GE boss faces public Alstom grilling in Paris Tuesday, 27 May 2014 | 9:16 AM ET

    *GE has extended its bid, Siemens seen readying rival offer. PARIS, May 27- General Electric boss Jeff Immelt faces a public French parliamentary grilling in person on Tuesday over his high-stakes plan to buy the power arm of engineering group Alstom, replacing a subordinate at the last minute.

  • *Hewlett-Packard shares soar after announcing job cuts. NEW YORK, May 23- The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.

  • NEW YORK, May 23- The S&P 500 closed at a record on Friday, boosted by a better-than-expected reading on the housing market, which gave a lift to homebuilding stocks. Hewlett-Packard's stock, which was the S&P 500' s best performer, rallied a day after the personal computer maker reported results and said it may cut up to 16,000 jobs.

  • NEW YORK, May 23- The S&P 500 was on track for a record closing high on Friday, boosted by a better-than-expected reading on the housing market, which gave a lift to homebuilding stocks. Shares of Lennar Corp, the second-largest U.S. homebuilder in terms of revenue, shot up 3.4 percent to $40.33.

  • WASHINGTON, May 23- Sales of new U.S. single-family homes rose in April and the stock of houses on the market hit a 3-1/ 2 year high, but economists said the market was still not clearly gaining steam.

  • NEW YORK, May 23- U.S. stocks rose modestly on Friday, after a better-than-expected reading on the housing market, as the S&P held just below its record intraday high. The S&P is 0.2 percent from its record intraday high of 1,902.17 set on May 13 and is above its record closing high of 1,897.45 set on the same day.

  • WASHINGTON, May 23- Sales of new U.S. single-family homes rose more than expected in April and the stock of houses on the market hit a 3-1/ 2 year-high, further signs the sputtering housing recovery was poised to regain steam.

  • *Aeropostale stumbles before the bell after outlook. NEW YORK, May 23- U.S. stocks were poised to open flat on Friday, ahead of data on the housing market, with the S&P 500 on track to notch its first weekly gain in the past three. New home sales data for April is due at 10:00 a.m..

  • *Aeropostale stumbles before the bell after outlook. NEW YORK, May 23- U.S. stock index futures inched higher on Friday, ahead of data on the housing market, with the S&P 500 on track to score its first weekly gain in the past three. *New home sales data for April is due at 10:00 a.m..

  • $60M Texas high school stadium deemed unsafe Tuesday, 20 May 2014 | 1:56 PM ET
    The $60 million high school stadium that got national attention for its grandeur _ and its price tag _ will be shut down indefinitely just 18 months after its opening, North Texas school district officials said Thursday, Feb. 27, 2014, for an examination of cracking in the concrete of the stadium's concourse.

    One of the most expensive high school football stadiums in America will be closed this fall because its concrete is cracking.

  • May 20- Home Depot Inc, the world's largest home improvement chain, said its sales were "robust" in May and that it expected to realize in the current quarter most of the sales lost in the first quarter due to a severe winter in the United States.

  • May 20- Home Depot Inc reported lower-than-expected quarterly sales as its spring selling season got off to a slow start after a severe winter in many parts of the United States. Spring is also an important time for Home Depot, as households prepare their gardens and get set for the barbecue season. Home Depot shares fell 1.4 percent in premarket trading.

  • Industrialist Villar Mir glimpses new dawn in Spain Tuesday, 20 May 2014 | 7:38 AM ET

    MADRID, May 20- Billionaire industrialist Juan Miguel Villar Mir has been buying into Spain's battered property and wind power sectors, marking a change in domestic sentiment after a six-year crisis. The 82- year-old Villar Mir, the chairman of builder OHL and its private conglomerate parent Grupo Villar Mir, prospered abroad during the crisis.

  • KABUL, May 19- A bored security guard, a Kalashnikov rifle over his shoulder, stands guard alone outside an idle construction site for a 10- story building in downtown Kabul, one of more than a dozen concrete shells with not a single construction worker in sight.

  • KABUL, May 19- A bored security guard, a Kalashnikov rifle over his shoulder, stands guard alone outside an idle construction site for a 10- storey building in downtown Kabul, one of more than a dozen concrete shells with not a single construction worker in sight. However, business has now ground to a halt across much of Afghanistan.

  • WASHINGTON, May 16- U.S. housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope the troubled housing market could be stabilizing. Groundbreaking for homes surged 13.2 percent to a seasonally adjusted annual pace of 1.07 million units, the highest since November 2013, the Commerce Department said.

  • *Starts increase 13.2 percent, up in all four regions. WASHINGTON, May 16- U.S. housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope that the troubled housing market could be stabilizing.