Construction Materials


  • MEXICO CITY, May 16- Shares in Mexican cement maker Cemex rose more than 1 percent on Friday, the day after the company appointed a new chief executive officer and chairman following the unexpected death of former CEO Lorenzo Zambrano.


  • In December, Hodges Capital quietly introduced the Hodges Small-Mid Cap fund, which focuses on companies whose market values reach up to $8 billion. That is well above the $3 billion threshold in the $1.2 billion Hodges Small Cap fund for which the Dallas- based firm is best known.

  • MEXICO CITY, May 12- Mexican businessman Lorenzo Zambrano, who turned cement maker Cemex into one of the country's first modern multinationals, but also almost brought it crashing down, died on Monday aged 70..

  • Construction demand increasing: Pro     Thursday, 8 May 2014 | 3:45 AM ET

    Adrian Ringrose, CEO of Interserve, says demand in the construction industry in the U.K. is picking up but is coming off a low base.

  • ECB to hold course as euro strength challenges recovery Wednesday, 7 May 2014 | 6:05 PM ET

    FRANKFURT, May 8- The European Central Bank is expected to take heart from signs of life in the euro zone economy and keep interest rates on hold on Thursday, resisting pressure to act in the face of a stronger euro and persistently low inflation.

  • PARIS, May 7- Economy Minister Arnaud Montebourg stepped up France's push for a weaker euro on Wednesday, saying political leaders had the right to assess the right level for the currency in a position completely at odds with Germany's.

  • FRANKFURT, May 7- German cement maker HeidelbergCement posted a more than five-fold increase in quarterly operating income that beat consensus thanks to mild winter weather in Europe and price increases in key markets.

  • MUMBAI, May 5- A rally that's taken India's stock market to record highs faces a reality check as profits at some blue chips have been bolstered by non-operating items such as tax credits and investments, rather than by a revival in demand.

  • Can't sell your home? How about remodeling Sunday, 4 May 2014 | 6:00 AM ET
    Worker laying flooring

    Homeowners are increasingly looking back at their own homes for makeovers rather than looking ahead to move up.

  • Nice snapback in residential construction     Thursday, 1 May 2014 | 10:01 AM ET

    CNBC's Steve Liesman provides insight on the latest ISM Index number, construction spending from March and initial jobless claims.

  • ISM good, construction spending weak: Santelli     Thursday, 1 May 2014 | 10:00 AM ET

    CNBC's Rick Santelli reports April's ISM Index resulted at 54.9, and March construction spending was up 0.2 percent.

  • ZURICH, April 28- Holcim said there was strong interest in the market for assets it must sell to get the go-ahead for its merger with France's Lafarge, as foreign currency swings weighed on its first-quarter results.

  • BANGKOK, April 28- Thai factory output dropped for the 12th month in March, a worse run than in the 2008/ 09 global financial crisis, and some economists say recession is possible with a caretaker government unable to provide much stimulus and exports remaining weak.

  • ZURICH, April 28- Swiss cement maker Holcim Ltd posted a 9 percent rise in first-quarter operating profit on Monday, bearing the fruits of a cost-cutting programme as it prepares to merge with French rival Lafarge SA.

  • The U.S. Court of Appeals for the District of Columbia Circuit rejected a challenge by environmental groups, including the Natural Resources Defense Council and the Sierra Club, which said the emissions standards were not stringent enough.

  • ATHENS, April 10- Swiss cement producer Holcim's plans to merge with French peer Lafarge and create the world's biggest cement maker will be subject to an extensive review, the European Union's antitrust chief said on Thursday.

  • BOGOTA, April 9- Colombia's largest cement maker, Argos, said on Wednesday it will pay 50 million euros for a French Guiana company owned in equal parts by Lafarge and Holcim, two days after those companies announced a merger. Holcim said on Monday that it would buy Lafarge, creating the world's largest cement maker, with combined annual sales of $44 billion.

  • MONTERREY/MEXICO CITY, April 8- The merger between Switzerland's Holcim and France's Lafarge presents Mexican cement firm Cemex with a golden opportunity to snap up divested assets, but a heavy debt load means it is unlikely to make any big buys soon.

  • European shares retreat from highs, techs slip Monday, 7 Apr 2014 | 7:57 AM ET

    *Bouygues, Iliad fall; Numericable spikes on SFR deal. The stock market also came under pressure from a drop of 5.4 percent in Bouygues and 5.7 percent in Iliad, after Numericable won a bid to acquire Vivendi's SFR telecom unit. Iliad investors were disappointed because the company stood to benefit if Bouygues's bid for SFR succeeded.