WASHINGTON— Labor Department releases employment data for July, 8:30 a.m.; Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m..» Read More
DR Horton rose$. 46 or 1.9 percent, to $24.30. Hovnanian Enterprises Inc. rose$. 16 or 3.6 percent, to $4.59. Lennar Corp. rose$. 52 or 1.3 percent, to $39.86.
Fluor rose$. 58 or. 8 percent, to $77.40. Foster Wheeler rose$. 26 or. 8 percent, to $34.15. Quanta Services Inc. rose$. 36 or 1.0 percent, to $35.54.
DR Horton rose$. 43 or 1.8 percent, to $24.27. Hovnanian Enterprises Inc. rose$. 16 or 3.5 percent, to $4.59. Lennar Corp. rose$. 38 or 1.0 percent, to $39.72.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 29 or. 9 percent, to $34.18. Quanta Services Inc. rose$. 40 or 1.1 percent, to $35.58.
WASHINGTON, July 22- U.S. home resales hit an eight month-high in June, suggesting the housing market was gradually regaining momentum and would help the economy to stay on a higher growth path this year.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 18 or. 5 percent, to $34.07. Quanta Services Inc. rose$. 32 or. 9 percent, to $35.50.
DR Horton rose$. 50 or 2.1 percent, to $24.34. Hovnanian Enterprises Inc. rose$. 10 or 2.1 percent, to $4.53. Lennar Corp. rose$. 65 or 1.7 percent, to $39.99.
WASHINGTON, July 22- U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump. The National Association of Realtors said on Tuesday existing home sales increased 2.6 percent to an annual rate of 5.04 million units. "Things are flying pretty fast," said Lawrence Yun, the NAR's chief economist.
ATLANTA— U.S. nuclear regulators may need to shuffle staff as fewer nuclear plants are built and financial pressures prompt utilities to shutter existing plants, U.S. Nuclear Regulatory Commission Chair Allison Macfarlane said Monday. Three nuclear plants are under construction in Georgia, South Carolina and Tennessee.
TOLEDO, Ohio— There's enough sand, soil and mud scooped out of Toledo's and Cleveland's harbors each year to fill the Indians' ballpark to the top of its upper deck. All the silt dredged to keep open the shipping channel in Toledo is dumped into Lake Erie while the sediment from Cleveland goes into disposal facilities that are filling up fast.
SALT LAKE CITY— Salt Lake City travelers in the next decade will catch expansive views of the Wasatch range, move faster through security and have more shops to choose from once crews finish work on a $1.8 billion airport, officials said Friday.
SHANGHAI, July 18- A Chinese construction company at risk of declaring a landmark bond default on nearly $65 million is getting local political support to hold off creditors and get cash, state media reported on Friday, citing sources at the struggling firm.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Burlington Stores Inc., up $2.39 to $31.34. AutoNation Inc., down $5.01 to $55.82.
WASHINGTON, July 17- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to sustained momentum in the economy even as home building fell for a second straight month in June.
LONDON, July 17- Copper prices fell to their lowest in two weeks on Thursday amid growing concern over the outlook for metal demand from the property sector after a Chinese builder warned of a possible bond default.
WASHINGTON, July 17- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market recovery was gaining traction. "This part of economy is going in the wrong direction while the rest of the economy is picking up," said Anthony Karydakis, chief economic strategist at Miller Tabak in New York.
WASHINGTON— U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year. Construction fell 9.3 percent last month to a seasonally adjusted annual rate of 893,000 homes, the Commerce Department said Thursday.
WASHINGTON, July 17- U.S. housing starts and building permits unexpectedly fell in June, suggesting the housing market recovery was struggling to get back on track after stalling in late 2013.. Groundbreaking declined 9.3 percent to a seasonally adjusted annual 893,000 million unit-pace, the lowest since September, the Commerce Department said on Thursday.
WASHINGTON— The Commerce Department reports on U.S. home construction in June. The report will be released at 8:30 a.m. EST Thursday. The National Association of Home Builders reported Wednesday that homebuilder confidence surged, reflecting a pickup in sales of new homes and heightened expectations for sales in the second half of the year.
LONDON, July 17- Copper prices dropped to their lowest level in two weeks on Thursday due to intensifying concerns about the outlook for metal demand from the property sector after a Chinese builder warned of a possible bond default.