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  • October construction spending up 1.1%  Tuesday, 2 Dec 2014 | 10:00 AM ET

    CNBC's Rick Santelli reports the latest construction spending data.

  • WILLISTON, N.D., Nov 21- Halliburton Co's $35 billion takeover of Baker Hughes Inc will create an oilfield services powerhouse in North Dakota with more than half the cementing market and a leading position in fracking, according to data seen by Reuters. The deal, announced on Monday, will help Halliburton better compete with global leader Schlumberger NV, as well...

  • LAGOS, Nov 10- A Nigerian unit of France's Lafarge said on Monday it had entered into an agreement with Flour Mills of Nigeria to purchase a 30 percent stake in United Cement Company of Nigeria. The deal will give Lafarge's Nigerian Cement Holdings complete control of the country's third-largest cement manufacturer. "Pursuant to the agreement, a first 15 percent...

  • Oil prices have fallen 30 percent since late June and shares of such firms as U.S. Silica Holdings and Hi Crush, which supply sand to U.S. drillers, followed, dumped by investors anticipating 2015 output cuts and a drop in demand. "We have not seen any data or had any discussions that indicate lower demand for our sand," said Robert Rasmus, Co-Chief Executive Officer of...

  • Dovish Draghi helps European stocks end higher Thursday, 6 Nov 2014 | 12:42 PM ET

    *Credit Agricole CEO raps France's lack of' clear vision'. PARIS/ LONDON, Nov 6- European shares pared early losses and ended higher on Thursday after European Central Bank President Mario Draghi said the bank's governing council was unanimous in its commitment to using additional unconventional measures if needed. "He's still suggesting that QE is on the table,"...

  • European shares rally on ECB Draghi's comments Thursday, 6 Nov 2014 | 9:21 AM ET

    PARIS/ LONDON, Nov 6- European shares pared losses and rallied in afternoon trading on Thursday after European Central Bank President Mario Draghi said the bank's governing council was unanimous in its commitment to using additional unconventional measures, if needed. "He's still suggesting that QE is on the table," said Hantec Markets analyst Richard Perry.

  • European shares dip ahead of ECB meeting Thursday, 6 Nov 2014 | 7:10 AM ET

    PARIS/ LONDON, Nov 6- European shares inched lower on Thursday as investors were kept on edge by concern that the European Central Bank's policy meeting might not yield new monetary easing. Shares in rival Societe Generale fell 0.9 percent after the bank posted earnings, with traders citing disappointing figures in French retail lending.

  • *HeidelbergCement up after better-than-expected profits. LONDON, Nov 6- European shares fell on Thursday, with switch maker Legrand underperforming, as investors' caution that a European Central Bank meeting might not yield new monetary easing measures weighed on markets. Swiss staffing company Adecco also fell 3.4 percent after it said that the pace of...

  • CSR: Australia housing boom still going strong  Tuesday, 4 Nov 2014 | 8:17 PM ET

    Rob Sindel, CEO of CSR, is optimistic on Australia's construction scene despite a recent fall in home building approvals.

  • LAGOS, Nov 4- Nigeria's main share index hit a 13- month low and government bonds fell on Tuesday as foreign investors pulled out of Nigerian assets, prompting the central bank to sell dollars to support the ailing naira. Nigeria's currency has come under pressure in the past two months from falling global oil prices, dampening appetite for assets in Africa's...

  • *Disposals needed for regulatory approval of Lafarge merger. ZURICH, Nov 3- Switzerland's Holcim has received more than 60 bids for assets it must sell to win regulatory approval for a merger with Lafarge, the cement company said as it reported third-quarter results that missed expectations. Sales and profit were hurt by a weaker than expected recovery in...

  • Oct 29- Oil and gas producer Hess Corp posted a better-than-expected quarterly profit on Wednesday as production jumped and costs fell in North Dakota's booming Bakken shale formation. The company, which also produces oil in Norway, Ohio and the U.S. Net income surged to $1 billion, or $3.31 per share, in the third quarter from $420 million, or $1.23 per share, in the...

  • The world's biggest eyewear maker last week announced that veteran Procter& Gamble manager Adil Mehboob-Khan would be chief executive together with longtime Luxottica manager Massimo Vian. The departures undermined Luxottica's reputation as one of the rare family-owned European companies that had successfully handed management to independent...

  • Oct 21- As fracking accelerates in North American shale fields, oilfield services providers Halliburton Co and Baker Hughes Inc are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul. Halliburton, the world's largest provider of fracking services, is more than doubling its railcar fleet and...

  • ZURICH, Sept 30- Cement makers Holcim and Lafarge are stepping up plans to shed assets in order to win clearance from competition regulators for their planned mega-merger, including possibly spinning them off into a new company.

  • Home builders to woo entry-level buyers: Pro Wednesday, 24 Sep 2014 | 5:15 PM ET
    Workers apply stucco at a housing development under construction in Jupiter, Fla.

    As home builders try to gain more business, more will be going after the entry-level buyer, real estate expert Bradley Hunter told CNBC Wednesday.

  • LONDON, Sept 18- Irish cement maker CRH is exploring a bid for all the assets rivals Lafarge and Holcim must sell to steer their mega-merger past competition watchdogs, two sources familiar with the matter told Reuters. Bain, Onex and another limited partner form the fourth consortium, the sources said.

  • Sept 15- Hanson Building Products Ltd, owned by HeidelbergCement AG, filed with U.S. regulators for an initial public offering of ordinary shares. BofA Merrill Lynch, BNP Paribas and Deutsche Bank Securities were underwriting the IPO, Hanson told the U. S Securities and Exchange Commission in a preliminary prospectus on Monday.

  • MEXICO CITY, Sept 9- Mexican construction companies, including Grupo Ica and billionaire Carlos Slim's Grupo Carso, have formed a consortium to bid on contracts to build a new airport for Mexico City, construction industry group CMIC said on Tuesday.

  • August ISM index 59.0  Tuesday, 2 Sep 2014 | 10:00 AM ET

    CNBC's Rick Santelli reports the latest ISM and construction spending data.