DALLAS— Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing techniques now widely used to extract oil and natural gas. "This acquisition will enable us to immediately serve the Permian basin, in particular, with increased production, while creating synergies with our other...» Read More
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.
CNBC's Rick Santelli reports the latest ISM and construction spending data.
Charlie Campbell, building materials and housebuilders analyst at Liberum, says the cooling in U.K. house prices is supportive of real estate stocks.
*European shares slip as Total hurt by Russia. LONDON, July 30- The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were near record lows ahead of inflation data expected to boost the case for further policy easing by the European Central Bank.
*HeidelbergCement, Holcim confirm outlook for 2014. FRANKFURT, July 30- Cement makers HeidelbergCement and Holcim stuck to targets for a rise in 2014 earnings, saying solid growth in North America and cost cuts should offset unfavorable currency effects, which weighed on second-quarter results.
*Lafarge confirms 2014 targets, says forex hit to lessen. PARIS, July 25- Cement maker Lafarge said on Friday it was well on track for its planned merger with Swiss peer Holcim and was seeing the first signs of recovery in Europe. Lafarge shares rose after the group said it was confident of completing its deal with Holcim in the first half of 2015..
*Lafarge confirms 2014 targets, says forex hit to lessen. PARIS, July 25- Cement maker Lafarge, which is preparing to merge with Swiss peer Holcim, stuck to its full-year targets on Friday and said it was seeing the first signs of recovery in Europe.
PARIS, July 21- Cement makers Holcim and Lafarge are in "advanced" talks with European competition regulators over their proposed merger, and have filed formal notifications in five major markets, Holcim Chief Executive Bernard Fontana told the Wall Street Journal.
MEXICO CITY, July 18- Mexico's Cemex, one of the world's largest cement companies, on Friday reported its first quarterly profit since the financial crisis in 2009, but its core profit missed analysts' expectations as domestic sales remained weak.
In a $6 billion deal, engineering giant AECOM Technology Corporation, announced its acquisition of rival URS. AECOM Technology Corporation CEO Mike Burke discusses the deal, the regulatory environment outside the U.S., and his confidence in regards to paying down debt.
PARIS, July 10- Unions representing thousands of European workers affected by the sale of assets proposed by merging cement groups Lafarge and Holcim have asked the pair for specific employment guarantees that would be binding for the buyers.
France, Germany, Britain, eastern Europe to see selloffs. PARIS, July 7- Cement makers Lafarge SA and Holcim Ltd proposed a multi-billion euro series of asset sales on Monday as they seek regulatory approval for their merger to create the world's biggest cement maker.
July 7- Mining group Anglo American Plc has agreed to sell its stake in a cement venture to its French-based partner Lafarge SA for at least $1.5 billion, proceeds which will be used to cut debt as part of a broader restructuring.
HONG KONG, July 3- Hong Kong's benchmark index slipped on Thursday but stayed close to a near seven-month peak as some investors took profit on strong gains the previous day. The top drag on the Hang Seng was Asia insurance giant AIA Group, which slid 0.9 percent following a 2.4 percent gain on Wednesday.
HONG KONG, July 3- China shares lingered at two-week highs on Thursday, as early losses were erased after a private survey reinforced signs that the broader economy is stabilising. Activity in China's services sector expanded at its fastest pace in 15 months in June, according to a services purchasing managers' index compiled by HSBC/ Markit.
HONG KONG, July 3- Hong Kong's benchmark index dipped on Thursday at midday but held near the year's high, while China shares eked out slim gains in choppy trade helped by materials and shipping sectors.
PARIS, June 25- For the boss of General Electric, the trials and tribulations of doing business in France are summed up in the lyric of an old Rolling Stones' song: "You can't always get what you want, but if you try sometimes you just might find you get what you need."
Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.