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Ken Rosen, Rosen Consulting Group, and CNBC's Diana Olick discuss the first real signs of an apartment building boom.
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Ken Rosen, Rosen Consulting Group, and CNBC's Diana Olick discuss the first real signs of an apartment building boom.
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In the 11 weeks following the storm, Nassau County Executive Ed Mangano reaped at least $144,000 in donations from companies his administration hired to cut trees, repair infrastructure and haul debris, according to an Associated Press analysis of campaign finance and county records.
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LITTLE ROCK, Ark.-- Arkansas' chief economic development official expects construction on the proposed $1.1 billion Big River Steel plant near Osceola to begin by the fall _ though a portion of its financing and final permissions from state regulators are still pending.
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JAKARTA, May 13- Indonesia's president plans this week to name a new finance minister to oversee Southeast Asia's largest economy, acting finance minister Hatta Rajasa said on Monday, with Investment Chief Chatib Basri seen as the leading contender.
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Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
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LONDON, May 7- European stock market futures pointed to a higher open on Tuesday, with solid earnings reports helping to consolidate last week's gains and send stocks back up towards multi-year highs as Europe's biggest financial centre reopened after a holiday.
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France's No. 2 listed bank is to cut 900 million euros in costs over the next three years after a weak domestic economy and one-off charges halved quarterly earnings.
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Fauji Cement Company Ltd remained in the limelight as investors accumulated shares after excellent results in the last quarter. Engro Corporation also attracted investors who hope that the new government will make efforts to resolve gas supply issues, dealers said.
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LAGOS, May 6- The Nigerian unit of Lafarge Cement said on Monday its first quarter pretax profit rose 20.64 percent year-on-year to 7.19 billion naira, compared with 5.96 billion naira in the same period last year.
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WASHINGTON, May 3- U.S. employment rose at a faster pace than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy absorb the blow from belt-tightening in Washington.
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WASHINGTON, May 3- U.S. employment rose faster than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy absorb the blow from belt-tightening in Washington.
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May 3- UltraTech Cement Ltd:. *Says April cement shipment of 3.50 million tons. *Says April cement production of 3.50 million tons.
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HONG KONG, May 3- Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.
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WASHINGTON, May 3- U.S. employment rose faster than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy bear the blow from belt-tightening in Washington.
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WASHINGTON, May 3- U.S. employment rose faster than expected in April and hiring was much stronger than previously thought in the prior two months, a sign of resilience that should help the economy bear the blow from belt-tightening in Washington.
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Italy posted a state sector budget deficit of around 11 billion euros in April 2013, compared with a deficit of 2.025 billion euros a year earlier, the Treasury said on Thursday. New car sales in Italy, Europe's fourth-largest car market, fell 10.83 percent in April from the same month a year ago to 116,209 vehicles, Italy's Transport Ministry said on Thursday.
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KARACHI, May 2- Pakistani stocks closed higher on Thursday due to emerging clarity and optimism about timely elections on May 11. Fauji Fertiliser continued to rally after its result announcement while investors remained skeptical about Engro Corporation due to problems of gas supply, dealers said. Fauji Cement Company Ltd rose 3.05 percent to 9.13 rupees.
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CNBC's Rick Santelli has the latest numbers on manufacturing and construction spending. And, CNBC's Steve Liesman, and Tom Porcelli, RBC Capital Markets chief U.S. economist, discuss the latest economic data and the Fed's impact on the markets.
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STOCKS TO WATCH- Property developer PT Lippo Karawaci booked a 23 percent increase in first-quarter net profits to 252 billion Indonesian rupiah from 205 billion Indonesian rupiah at the same period last year, boosted by revenues that grew 26 percent to 1.48 trillion Indonesian rupiah, said CEO Ketut Budi Wijaya.- The Banyu Urip oil field at the Cepu block in Central Java, operated by a subsidiary of ExxonMobil, is expected to produce 165,000 barrels of oil per day by end of 2014, said the chairman of Indonesia's oil and gas regulatory task force SKK Migas, adding that the firm just started drilling 24 wells to boost oil output.- State construction firm PT PP plans to build two superblocks over the next 5-10 years in Surabaya, East Java and Jakarta with a total investment of up to 16 trillion Indonesian rupiah, said corporate secretary Betty Ariana.
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STOCKS TO WATCH- Property developer PT Lippo Karawaci booked a 23 percent increase in first-quarter net profits to 252 billion Indonesian rupiah from 205 billion Indonesian rupiah at the same period last year, boosted by revenues that grew 26 percent to 1.48 trillion Indonesian rupiah, said CEO Ketut Budi Wijaya.- The Banyu Urip oil field at the Cepu block in Central Java, operated by a subsidiary of ExxonMobil, is expected to produce 165,000 barrels of oil per day by end of 2014, said the chairman of Indonesia's oil and gas regulatory task force SKK Migas, adding that the firm just started drilling 24 wells to boost oil output.- State construction firm PT PP plans to build two superblocks over the next 5-10 years in Surabaya, East Java and Jakarta with a total investment of up to 16 trillion Indonesian rupiah, said corporate secretary Betty Ariana.