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Construction and Engineering

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  • MADRID, Dec 14- On a street in central Madrid, Juan Jose Perucho points to where he is going to build one of the capital's tallest residential blocks after buying a site bigger than five football pitches from the state-owned metro network. Spain is building again after seven years of a crushing downturn in the construction sector with investment in...

  • Final Glance: Homebuilders companies Friday, 12 Dec 2014 | 6:03 PM ET

    DR Horton fell$. 37 or 1.5 percent, to $23.99. Hovnanian Enterprises Inc. rose$. 02 or. 5 percent, to $4.31. Lennar Corp. fell $1.01 or 2.3 percent, to $42.31.

  • Final Glance: Construction companies Friday, 12 Dec 2014 | 6:03 PM ET

    NEW YORK— Shares of some top construction companies were down at the close of trading:. Fluor fell $1.47 or 2.5 percent, to $56.88. Quanta Services Inc. fell $1.46 or 5.2 percent, to $26.62.

  • Midday Glance: Homebuilders companies Friday, 12 Dec 2014 | 1:18 PM ET

    DR Horton fell$. 20 or. 8 percent, to $24.16. Hovnanian Enterprises Inc. fell$. 12 or 2.8 percent, to $4.17. Lennar Corp. fell$. 47 or 1.1 percent, to $42.85.

  • Midday Glance: Construction companies Friday, 12 Dec 2014 | 1:18 PM ET

    NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Fluor fell $1.18 or 2.0 percent, to $57.17. Quanta Services Inc. fell $1.00 or 3.6 percent, to $27.08.

  • Early Glance: Homebuilders companies Friday, 12 Dec 2014 | 10:31 AM ET

    DR Horton fell$. 08 or. 3 percent, to $24.28. Hovnanian Enterprises Inc. fell$. 12 or 2.7 percent, to $4.17. Lennar Corp. fell$. 27 or. 6 percent, to $43.05.

  • Early Glance: Construction companies Friday, 12 Dec 2014 | 10:31 AM ET

    NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Fluor fell $1.10 or 1.9 percent, to $57.25. Quanta Services Inc. fell$. 60 or 2.1 percent, to $27.48.

  • Eastern Europe counts cost of a pipeline's demise Friday, 12 Dec 2014 | 5:27 AM ET

    *Serbia sold oil and gas monopoly on promise of South Stream. BELGRADE, Dec 12- As recently as Nov. 21, the Gazprom subsidiary tasked with building the Serbian leg of Russia's South Stream gas pipeline issued a call for mechanics, builders and welders. South Stream represented the biggest infrastructure investment in Serbia in the almost 15 years since the former...

  • LONDON, Dec 12- GE and Hitachi have cleared the next regulatory hurdle towards permission for the use of their joint nuclear reactor design in Britain after the government awarded it a so-called regulatory justification. Japan's Hitachi plans to build up to five UK Advanced Boiling Water Reactors at two different nuclear sites which it owns in Britain, but the...

  • MEXICO CITY, Dec 11- Mexico's finance minister bought a home from a government contractor who is at the center of a conflict-of-interest scandal embroiling President Enrique Pena Nieto and his administration, the Wall Street Journal reported on Thursday. Property records show that the minister, Luis Videgaray, bought the house at an exclusive golf resort...

  • MEXICO CITY, Dec 11- Mexico's finance minister bought a home from a government contractor who is at the center of a conflict-of-interest scandal embroiling President Enrique Pena Nieto and his administration, the Wall Street Journal reported on Thursday. Property records show that the minister, Luis Videgaray, bought the house at an exclusive golf resort...

  • PALMDALE, Calif., Dec 10- Lockheed Martin Corp, the Pentagon's No. 1 weapons supplier, has rarely felt the need to blow its horn about its secrecy-shrouded crown jewel- until now. "Skunk Works," Lockheed's business for developing weapons outside the company's main chain of command, is starting to lift the veil in a sign of fierce pressure to win new orders and protect its...

  • These states- Texas, Florida, Arizona, Nevada, North and South Carolina, Georgia and California- accounted for about half of the total job growth in the 12 months to September, according to RBC Capital Markets. The shift bodes well for D.R. Horton Inc, the largest U.S. homebuilder, and rivals Lennar Corp and PulteGroup Inc, each of which gets a large part of its revenue...

  • The process against Camargo Correa SA, Engevix SA, Galvao Engenharia SA, IESA, Mendes Junior SA, Grupo OAS SA, Queiroz Galvao SA and UTC-Constran could prevent them from signing new contracts and lead to fines and other penalties, the CGU said.

  • BRASILIA, Dec 2- A former Petrobras executive at the center of an alleged multibillion-dollar graft scheme involving the state-run oil company said on Tuesday that similar bribery and kickback schemes are prevalent in many Brazilian public-infrastructure projects. "What has been reported occurring at Petrobras happens all over Brazil in contracts for...

  • WASHINGTON, Dec 2- U.S. construction spending rose more than expected in October as both private and public outlays increased, which could ease concerns of a sharp slowdown in fourth-quarter economic growth. Construction spending rose 1.1 percent, the largest gain since May, to an annual rate of $970.99 billion, the Commerce Department said on Tuesday.

  • MADRID, Nov 27- Mexican billionaire Carlos Slim is set to become the largest investor in Spanish builder FCC after agreeing to buy top shareholder Esther Koplowitz's part of a $1.3 billion capital increase. But the investment of around 700 million euros in FCC, one of the Spain's top employers, is his highest profile move in the country. In a statement to Spain's...

  • From Kickstarter to 6,000 stores in 2 years ... Wednesday, 26 Nov 2014 | 12:21 PM ET
    GoldieBlox

    Debbie Sterling's story-based GoldieBlox construction sets and action figures are being sold in 6,000 stores worldwide, two years after taking Kickstarter by storm.

  • WASHINGTON, Nov 26- Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual. The Commerce Department said on Wednesday that sales gained 0.7 percent to a seasonally adjusted annual rate of 458,000 units.

  • 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...