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  • Lennar Corp's quarterly profit jumps 47 pct Thursday, 19 Mar 2015 | 6:12 AM ET

    March 19- U.S. homebuilder Lennar Corp's quarterly profit jumped 47 percent as the company sold more homes at higher prices. The No. 2 U.S. homebuilder by number of homes sold said net income attributable to Lennar rose to $115 million, or 50 cents per share, in the first quarter ended Feb. 28 from $78.1 million, or 35 cents per share, a year earlier. Revenue rose 20.6...

  • BRASILIA, March 18- Brazil's Comptroller-General Office on Wednesday added another six construction and engineering firms to an investigation of contractors that allegedly participated in a corruption ring at state-run oil company Petrobras. A total of 24 of Brazil's top builders are being investigated for suspected overpricing of contracts in a...

  • Brazil builder PDG posts loss, announces capital increase Wednesday, 18 Mar 2015 | 8:58 PM ET

    RIO DE JANEIRO, March 18- Brazilian homebuilder PDG Realty SA posted a net loss of 222 million in the fourth quarter of 2014, down from a 19 million reais profit a year earlier due to fewer launches and gross sales. Like many of its competitors, the company is now trying to streamline and focus on inventories as it faces an uncertain economic environment in Brazil.

  • LAS VEGAS— A Nevada lawyer and three co-defendants have been found guilty of conspiracy and wire fraud in what a jury was told was a sweeping scheme to control homeowner associations and steer business to favored contractors and attorneys. The verdicts reached Tuesday in U.S. District Court in Las Vegas came after a two-week trial capping an investigation...

  • Midday Glance: Construction companies Wednesday, 18 Mar 2015 | 2:23 PM ET

    NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Fluor fell$. 27 or. 5 percent, to $56.89. Quanta Services Inc. fell$. 35 or 1.3 percent, to $27.63.

  • Midday Glance: Homebuilders companies Wednesday, 18 Mar 2015 | 2:23 PM ET

    DR Horton rose$. 09 or. 3 percent, to $26.45. Hovnanian Enterprises Inc. fell$. 05 or 1.5 percent, to $3.22. Lennar Corp. fell$. 25 or. 5 percent, to $48.61.

  • Early Glance: Construction companies Wednesday, 18 Mar 2015 | 11:37 AM ET

    NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Fluor rose$. 01 or percent, to $57.17. Quanta Services Inc. fell$. 15 or. 5 percent, to $27.83.

  • Early Glance: Homebuilders companies Wednesday, 18 Mar 2015 | 11:37 AM ET

    DR Horton fell$. 17 or. 6 percent, to $26.19. Hovnanian Enterprises Inc. fell$. 02 or. 7 percent, to $3.25. Lennar Corp. fell$. 38 or. 8 percent, to $48.48.

  • BRASILIA, March 18- Brazil's Comptroller-General Office on Wednesday added another six construction and engineering firms to an investigation of contractors that allegedly participated in a corruption ring at state-run oil company Petrobras. A total of 24 of Brazil's top builders are now being investigated for suspected overpricing of contracts in a...

  • U.S. Architecture Billings Index rises in February Wednesday, 18 Mar 2015 | 12:00 AM ET

    March 17- The Architecture Billings Index, an indicator of U.S. non-residential building activity, rose in February, the American Institute of Architects said on Wednesday. The index rose to 50.4 in February from 49.9 in January. "The health of the institutional market has been the key factor for positive business conditions for the design and construction...

  • Final Glance: Construction companies Tuesday, 17 Mar 2015 | 6:16 PM ET

    NEW YORK— Shares of some top construction companies were down at the close of trading:. Fluor fell$. 25 or. 4 percent, to $57.16. Quanta Services Inc. fell$. 18 or. 6 percent, to $27.98.

  • Final Glance: Homebuilders companies Tuesday, 17 Mar 2015 | 6:16 PM ET

    DR Horton fell$. 26 or 1.0 percent, to $26.36. Hovnanian Enterprises Inc. fell$. 08 or 2.4 percent, to $3.27. Lennar Corp. fell$. 45 or. 9 percent, to $48.86.

  • Nissan to build $160M supplier park at Tennessee plant Tuesday, 17 Mar 2015 | 5:09 PM ET

    "Nissan has continued to invest in Tennessee because you have created a business environment that encourages growth and innovation," Munoz said at a ceremony at the state Capitol. Bill Haslam noted that Nissan has more than 12,000 Nissan employees between its Smyrna complex and an engine plant in Decherd. Nissan's year to date market share was 9.3 percent at the...

  • Midday Glance: Construction companies Tuesday, 17 Mar 2015 | 2:32 PM ET

    NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Fluor fell$. 22 or. 4 percent, to $57.19. Quanta Services Inc. fell$. 23 or. 8 percent, to $27.93.

  • Midday Glance: Homebuilders companies Tuesday, 17 Mar 2015 | 2:32 PM ET

    DR Horton fell$. 24 or. 9 percent, to $26.39. Hovnanian Enterprises Inc. fell$. 03 or. 9 percent, to $3.32. Lennar Corp. fell$. 35 or. 7 percent, to $48.96.

  • Early Glance: Construction companies Tuesday, 17 Mar 2015 | 10:28 AM ET

    NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Fluor fell$. 35 or. 6 percent, to $57.06. Quanta Services Inc. fell$. 08 or. 3 percent, to $28.08.

  • Early Glance: Homebuilders companies Tuesday, 17 Mar 2015 | 10:28 AM ET

    DR Horton fell$. 36 or 1.4 percent, to $26.26. Hovnanian Enterprises Inc. fell$. 09 or 2.7 percent, to $3.26. Lennar Corp. fell$. 49 or 1.0 percent, to $48.82.

  • WASHINGTON, March 17- U.S. housing starts plunged to their lowest level in a year in February likely as harsh weather kept building crews at home, in the latest indication that the economy hit a soft patch in the first quarter. Groundbreaking tumbled 17 percent to a seasonally adjusted annual pace of 897,000 units, the lowest level since January 2014, the Commerce...

  • WASHINGTON, March 17- U.S. housing starts plunged to their lowest level in a year in February likely as harsh weather kept builders at home, a temporary setback for the housing market recovery. Groundbreaking tumbled 17 percent to a seasonally adjusted annual pace of 897,000 units, the lowest level since January 2014, the Commerce Department said on Tuesday.

  • Final Glance: Construction companies Monday, 16 Mar 2015 | 6:03 PM ET

    NEW YORK— Shares of some top construction companies were up at the close of trading:. Fluor rose$. 72 or 1.3 percent, to $57.41. Quanta Services Inc. rose$. 49 or 1.8 percent, to $28.16.