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Capital Goods Construction and Engineering

  • WASHINGTON, March 3- Mexico- based homebuilder Desarrolladora Homex SAB de CV has agreed to settle charges it reported fake sales to boost revenues in what U.S. authorities said on Friday was a $3.3 billion accounting fraud.

  • *UK construction growth improves, driven by civil engineering. LONDON, March 2- Growth across Britain's construction industry picked up slightly in February, driven by the civil engineering sector, though a slowdown in new orders and soaring costs added to mixed signals for the economy, a survey showed on Thursday. Adding to the uncertain outlook, Travis Perkins,...

  • LONDON, March 2- Sterling slipped to a six-week low against the dollar on Thursday after data painted a mixed picture of Britain's economic outlook, with the construction industry picking up slightly in February but new orders slowing. Uncertainty over the prospects for Britain's economy as it breaks away from its main trading partner has wiped off almost a...

  • WASHINGTON, March 1- President Donald Trumps promise to use existing funds to begin immediate construction of a wall on the U.S.- Mexico border has hit a financial roadblock, according to a document seen by Reuters. This means that for the wall to move forward, the White House will need to convince Congress to appropriate funds. Trump has said he will ask Congress...

  • MILAN, March 1- European shares climbed to 15- month highs on Wednesday, with banks and construction stocks leading the rally on renewed optimism over a huge economic stimulus in the United States. President Donald Trump pledged $1 trillion of infrastructure spending in a speech to Congress on Tuesday, while policymakers stoked speculation of a rate hike in...

  • *Shares rise as much as 11.4 pct to $82.85. March 1- Lowe's Cos Inc forecast 2017 sales that topped estimates and reported better-than-expected quarterly comparable sales and profit, helped by a robust housing market that encouraged Americans to spruce up their homes or buy new ones. Shares of the No. 2 U.S. home improvement retailer rose as much as 11.4 percent to...

  • *Adj. profit 86 cents/ shr vs. est. *Shares rise 9.1 pct to $81.15 premarket. March 1- Lowe's Cos Inc forecast 2017 sales ahead of analysts' estimates and reported better-than-expected quarterly comparable-store sales as trends in the housing market encouraged Americans to spruce up their homes or buy new ones.

  • Feb 28- South Korea's LG Electronics Inc said it would spend $250 million to build a new factory in the United States, in a move that comes amid criticism from U.S. The U.S. administration has threatened an import tax, and Trump has attacked some of the world's biggest companies, triggering many to make promises to invest more in the United States.

  • DUESSELDORF, Germany, Feb 28- German builder Hochtief is keen for more work in the United States, including any possible contract to build a wall on the U.S. border with Mexico, Chief Executive Marcelino Fernandez Verdes said. But we are open for all contracts in the United States, "he told journalists on Tuesday when asked if Hochtief would be interested in building...

  • *Some developers delay new home sales. HONG KONG, Feb 27- Some Chinese developers are playing a game of cat-and-mouse with local governments by delaying the launch of new home sales in the hope of riding out tightening measures in the property market that have dampened prices in some major cities. Prices in Beijing, Hangzhou and Chengdu were flat and Guangzhou was...

  • Detainees are escorted as hundreds of mostly Central American children are being held at a U.S. Customs and Border Protection center in Nogales, Ariz., on June 18, 2014.

    President Donald Trump's plans to deport millions of unauthorized workers would hurt a handful of states that rely most heavily on undocumented workers.

  • From hoverboards to safer building foundations

    Greg Henderson, CEO of ARX PAX, talks about how the company uses technology to reduce the risks buildings face from natural disasters.

  • Stocks to Watch: February 17, 2017

    Kraft Heinz, Unilever, Deere, and VF stocks are making headlines on Wall Street to wrap up the trading week.

  • These students are 3D printing body parts

    Engineering students at a Texas high school are 3D printing hands for people in need, for a really great price.

  • Logos of ABB AG sit on display outside the company's semi-conductor plant in Lenzburg, Switzerland.

    ABB reported an end to its almost two-year decline in order intake by posting a small increase in new business.

  • A closer look at the rally in construction stocks

    Kevin Cook, Zacks Investment Research, says that the construction was already heating up before President Trump won the election.

  • This VC is interested in 'construction tech'

    Kent Ho, co-founder of Spectrum 28, discusses how the VC firm is focused on startups in the fintech, construction tech and genomics spaces.

  • Drilling engineer

    Grads with this degree are notoriously well paid — but not everywhere. The best and worst worst countries on pay.

  • A worker directs a bulldozer loaded with pebbles that will serve as the base for new concrete highway slabs as a re-decking construction project continues on Interstate-95 northbound in Philadelphia.

    Trump’s plan to goose infrastructure spending offers investment opportunities, said Ding Xuedong, chairman of China’s sovereign wealth fund.

  • High degree of company collaboration making Hollywood movies

    Nick Bolton, CEO of Oxford Metrics, discusses how the motion capture technology behind his business is used in the movie industry and road infrastructure.