Construction Materials


  • 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
    CSR: Homebuilding boom not coming to an end

    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...

  • 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.

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

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

  • Cooling UK house prices are good for real estate stocks: Pro

    Charlie Campbell, building materials and housebuilders analyst at Liberum, says the cooling in U.K. house prices is supportive of real estate stocks.

  • AECOM acquires URS for $6 billion   Monday, 14 Jul 2014 | 2:15 PM ET
    AECOM acquires URS for $6 billion

    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.

  • Wall Street's latest craze: 'Superfracking' Wednesday, 18 Jun 2014 | 7:22 AM ET
    Gas is flared as waste from the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of a boom on March 22, 2014 near Buttonwillow, Calif.

    Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.

  • ISM manufacturing data stronger than originally reported

    The May ISM Manufacturing Index is 56 versus what was originally reported as 53.2, reports CNBC's Steve Liesman.

  • May ISM Index now 55.4   Monday, 2 Jun 2014 | 12:12 PM ET
    May ISM Index now 55.4

    ISM's CEO is now reporting May's ISM Manufacturing Index is 55.4, with CNBC's Steve Liesman. ISM originally reported 53.2 and later revised it to 56.0.

  • ISM manufacturing index 53.2   Monday, 2 Jun 2014 | 10:00 AM ET
    ISM manufacturing index 53.2

    CNBC's Rick Santelli reports the latest ISM manufacturing data, and Steve Liesman provides insight on the number.

  • Toll Bros CEO: Confident in housing comeback   Wednesday, 28 May 2014 | 3:44 PM ET
    Toll Bros CEO: Confident in housing comeback

    Toll Brothers CEO Douglas Yearley, discusses the impact of interest rates on home builders and the overall state of the housing market.

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

    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.