11.23.09
Housing Starts Tumble in October
Housing starts tumble 10.6% in October
Construction activity at six-month low
The government reported that housing [more] |
11.17.09
Home Depot Q3 Profit Falls
Home Depot Third-Quarter Profit Falls as Shoppers Spend Less
Nov. 17 (Bloomberg) -- Home Depot Inc., the largest [more] |
11.13.09
National Gypsum Debuts New Wall Panel Product
National Gypsum Debuts North America’s First Wall Panel Featuring Phase Change Technology from BASF Corporation
N [more] |
11.13.09
Serious Materials Launches Quietrock ES
Serious Materials Launches QuietRock ES which is 4X Easier to Use than Other Brands
Breakthrough Technology Delivers L [more] |
11.11.09
Foreclosures Put Damper on Home Prices
Foreclosures Continue to Put a Damper on Home Prices .
Text .By CONSTANCE MITCHELL FORD
Home prices continued [more] |
11.10.09
CRH PLC & Allied Distribution
Press Releases
10 November 2009
Interim Management Statement
CRH plc, the international building ma [more] |
11.09.09
Housing Starts Forecast to Turnaround by Mid-2010
Economists Forecast Strong Housing Growth
Experts at NAHB conference see a turnaround occurring by mid-2010, but the wa [more] |
11.06.09
Fidelity's Probuild Investment Stumbles
Fidelity's ProBuild investment stumbles -- filing
Thu Nov 5, 2009 12:50pm EST
Exclusive: Fidelity preserves incom [more] |
11.05.09
Congress Votes to Extend Tax Credit
Congress Votes To Extend Homebuyer Tax Credit, Expand It to Benefit Non-First-Time Homebuyers
11/06/2009
The Sena [more] |
11.05.09
Dietrich & Bailey Metal Products Form Alliance
Dietrich Metal Framing and Bailey Metal Products Form Strategic Alliance
Dietrich’s Canadian Assets Sold, Distribution [more] |
10.28.09
Armstrong World Industries Reports Third Q 2009 Results
Press ReleaseArmstrong World Industries Reports Third Quarter 2009 Results
LANCASTER, Pa., Oct 27, 2009 /PRNewswire [more] |
10.28.09
Owens Corning Reports Third Quarter Earnings
Growth in Adjusted Earnings Driven by Strong Roofing Performance and
Composites' Return to Profitability
TOLEDO, [more] |
10.27.09
Sales of Existing Homes Reach Two Year High
Sales Of Existing Homes Reach Two-Year High
Published on: Monday, October 26, 2009 Written by: Don Miller [more] |
10.26.09
Owens Corning -First LEED Gold Certified Insulation Fa
Owens Corning's Gresham, Ore. Plant Becomes First LEED(R) Gold-Certified Insulation Facility in the
Owens Corning [more] |
10.23.09
Home Resales Increase in September
WASHINGTON - Home resales in September clocked the largest monthly increase in 26 years as buyers scrambled to compl [more] |
10.23.09
USG Reports Third Quarter 2009
October 21, 2009 08:30 AM Eastern Daylight Time
USG Corporation Reports Third Quarter 2009 Net Sales of $822 Million [more] |
10.22.09
Eagle Materials Inc. Reports Q4 Results
Eagle Materials Inc. Reports Second Quarter Results
DALLAS, Oct 22, 2009 (BUSINESS WIRE) -- Eagle Materials Inc. (NY [more] |
10.15.09
Indicator Points to Cyclical Bottom
PRESS RELEASE
Indicator Points to Cyclical Bottom for Remodeling, Start of Recovery in 2010
CAMBRIDGE, MA [more] |
10.12.09
Home Depot, Owens Corning Expand Partnership
Home Depot, Owens Corning Expand Partnership on Insulation Products
10/06/2009
TOLEDO, OH -- Owens Corning announ [more] |
10.12.09
Lowe's , Johns Manville Announce Exclusive Agreement
Lowe's, Johns Manville Announce Exclusive Agreement on Insulation
10/06/2009
MOORESVILLE, NC -- Lowe's Companies, [more] |
10.07.09
Builder Confidence Up in September
Builder Confidence Edges Up Again In September
September 16, 2009 - Builder confidence in the market [more] |
10.07.09
Home Buyer Tax Credit
Builders Ready To Work With White House, Congress To Extend Home Buyer Tax Credit
October 6, 2009 - [more] |
10.07.09
Johns Manville- Lowes in MultiYear Supply Contract
Johns Manville Corp. will be the sole provider of insulation products for Lowe’s Cos. Inc. under a multiyear supply cont [more] |
09.30.09
Worthington Reports Fourth Quarter and Fiscal Year Resu
Tuesday, September 29, 2009, 5:31pm EDT
Worthington 1Q profit down but returns to black
Worthington posts 4Q [more] |
09.29.09
Housing Prices Rise
By SARA MURRAY
Home prices rose once again in July but a drop in consumer confidence in September underscored the f [more] |
09.29.09
Wolseley's Loss
From The Times September 29, 2009
Wolseley’s £766m loss fails to dent investor supportDavid Robertson, Business Corre [more] |
09.25.09
Superior Plus
Thursday, September 24, 2009 09:32 PM
Superior takes on U.S.
Steve Ladurantaye
Superior Plus. Corp. is re [more] |
09.24.09
Another Housing Slump Coming?
Another housing slump coming?
Analysts say 7 million soon-to-be foreclosed properties have yet to hit the market. [more] |
09.24.09
Sales of Existing Homes Climb
Sales of Existing U.S. Homes Probably Climbed as Prices Fell
By Bob Willis
Sept. 24 (Bloomberg) -- Sales of [more] |
09.22.09
Builder Confidence Edges Up
Builder Confidence Edges Up Again In September
September 16, 2009 - Builder confidence in the market [more] |
09.22.09
Serious Materials
Serious Materials gets some serious venture capital
By Scott Duke Harris
Serious money is being invested [more] |
09.21.09
Housing Starts Up In August
Housing Starts Up on Rise in Apartment Construction
Housing starts crept up 1.5% in August, due pr [more] |
09.18.09
USG to Close 30 L&W Yards
USG's Distribution Unit To Close 30 More Facilities
Cuts next month will leave L&W one-third smaller than it was in 200 [more] |
09.11.09
USG unit to close 30 distribution centers
LONDON (MarketWatch) -- USG Corp. (USG 17.17, -2.47, -12.58%) said its L&W Supply Corp. division will close approximate [more] |
09.01.09
Construction Spending Falls 0.2% in July
Overall Construction Spending Falls 0.2 Percent in July
09/01/2009
The U.S. Census Bureau of the Department of [more] |
08.26.09
Housing Prices Up
CHICAGO (Reuters) - Larger-than-expected gains in U.S. housing prices and consumer confidence on Tuesday lent new we [more] |
08.26.09
New Homes Sales Hit 10-Month High
New-home sales hit 10-month high
Inventories fall to lowest level in 16 years.
Posted by Elizabeth Strott on Wednesday [more] |
08.21.09
Builder Confidence Rises in August
Builder Confidence Rises In August
08/19/2009
WASHINGTON -- Builder confidence in the market for newly built, sin [more] |
08.21.09
Dietrich & ClarkWestern Announce New ProStud
Dietrich & ClarkWestern Announce New ProSTUD™ Drywall Framing System
2009-08-17 22:04:06 -
Leading steel [more] |
08.21.09
Housing Sales Improve
updated 8:22 a.m. PT, Fri., Aug 21, 2009
WASHINGTON - The U.S. housing market is improving quicker than expected, [more] |
08.21.09
Housing Starts
Overall Housing Starts Fall One Percent in July, But Single-Family Up
08/19/2009
The U.S. Census Bureau and the D [more] |
08.14.09
Builders Ask Congress to Extend Tax Credit
Builders Ask Congress To Extend and Enhance Home Buyer Tax Credit
08/12/2009
WASHINGTON -- To help create jobs an [more] |
08.14.09
Dietrich Receives Third Party Code Certification
August 13, 2009 04:00 PM Eastern Daylight Time
Dietrich Facilities Receive Key Third-Party Code Compliance Certifica [more] |
08.12.09
Johns Manville Acquires Corbond Corp.
August 11, 2009 02:00 PM Eastern Daylight Time
Johns Manville Introduces JM Corbond IIITM, a Premium High-Yield C [more] |
08.06.09
Superior Plus Announces Expansion of its Construction P
Superior Plus Announces Expansion of its Construction Products Distribution Business with a US$135 Million Acquisition < [more] |
08.04.09
Two Home Builders Post Mixed Results
Two Home Builders Post Mixed Results
Centex Corp. swung to a quarterly profit, thanks to an income-tax benefit, whi [more] |
07.28.09
Consumer Confidence Falls
Consumer Confidence Falls for Second Straight Month
07/29/2009
The Conference Board Consumer Confidence Index™, w [more] |
07.28.09
Saint-Gobain First Half 2009 Results
FIRST-HALF 2009: AMID A SHARP SLOWDOWN IN MARKETS,
ACCELERATION AND EXTENSION OF ACTION PLAN
UNVEILED AT THE BEGINNING [more] |
07.28.09
Stock's Constr. Loans Group Incurs $38M Loss
Stock's Construction Loans Group Incurs $38M Interim Operating Loss
$13.2M in interest income helped offset loans lo [more] |
07.27.09
Eagle Materials Reports Q1 Earnings
Eagle Materials Inc. Reports First Quarter Earnings
DALLAS, Jul 23, 2009 (BUSINESS WIRE) -- Eagle Materials Inc. ( [more] |
07.24.09
Banks kick commercial real estate loans down road
Banks kick commercial real estate loans down road Thu Jul 23, 2009 4:41pm EDT By Ilaina Jonas – AnalysisNEW YORK (Re [more] |
07.22.09
Faulty Appraisal Process
Faulty Appraisal Process Harming Housing And The Economy
July 13, 2009 - Twenty-six percent of [more] |
07.22.09
USG Reports Second Quarter Results
USG Corporation Reports Second Quarter 2009 Net Sales of $829 Million and a Net Loss of $53 Million
[more] |
07.17.09
Builder Confidence Grows
Builder Confidence Rises Two Points In July
July 16, 2009 - Builder confidence in the market fo [more] |
07.17.09
Foreclosures Rise 15% in First Half 2009
Foreclosures rise 15 percent in first half of 2009[more] |
07.17.09
Housing Starts Surge in June
Housing starts surge
Government report says initial construction of U.S. homes rose to an annual rate of 582,000 un [more] |
07.17.09
ProBuild Expands in Chicago Market
ProBuild Expands in Chicago Market
Largest U.S. pro dealer opens 23-acre yard and manufacturing facility.
S [more] |
07.16.09
HACKER INDUSTRIES, INC. DONATES FLOOR UNDERLAYMENT
HACKER INDUSTRIES, INC. DONATES FLOOR UNDERLAYMENT TO
HABITAT FOR HUMANITY NEWPORT BEACH, CALIF. JULY 07 2009 Hacke [more] |
07.16.09
Worthington Reports Fourth Quarter and Fiscal Year Resu
Worthington Reports Fourth Quarter and Fiscal Year Results
Press Release
Source: Worthington Industries, Inc.
On [more] |
07.15.09
Pending Home Sales
Pending Home Sales Record Fourth Straight Monthly Gain
07/06/2009
Pending home sales show a sustained uptrend, ri [more] |
07.15.09
Recession Easing
Fed: recession easing, but unemployment rising
Fed says unemployment could rise as high as 10.1 percent in 2009
[more] |
07.15.09
Recession Will End This Year
Zandi: Recession Will End This Year
Moody's economist also says housing will not be 'an early source of growth' in thi [more] |
06.24.09
Housing Duress Continues
Housing Duress Continues Despite Signs of a Bottom
in Housing Sales and Starts
Harvard Releases the 2009 State of [more] |
06.22.09
Hacker Industries Unveils New Product Guide
Hacker Industries, Inc. Unveils New Product Guide
06/16/2009
NEWPORT BEACH, CA -- Hacker Industries, Inc., the le [more] |
06.22.09
National Gypsum Launches New ''Green Site''
CHARLOTTE, N.C. -- National Gypsum Company, the second largest producer of gypsum wallboard in the U.S., went live this [more] |
06.22.09
New Certainteed Gypsum Drywall Compound
New CertainTeed Gypsum drywall compound reduces airborne dust by more than 70%
June 19, 2009
Building Desig [more] |
06.22.09
USG Paper Mill to Close
N.J. paper mill will shutter by the end of summer
by Danny Teigman / The Star-Ledger
Thursday June 18, 2009, 9:45 [more] |
06.19.09
Builder Confidence Index Falls
Builder Confidence Index Falls One Point in June
06/17/2009
WASHINGTON -- Indicating that single-family home buil [more] |
06.19.09
Building Materials Holding Corp. Files Chapter 11
Building Materials Holding Corporation Files for Chapter 11 Bankruptcy Protection
06/17/2009
BOISE, ID -- Buildin [more] |
06.19.09
Housing Starts Surge in May
Housing Starts Surge 17.2 Percent in May
06/17/2009
Privately-owned housing starts in May were at a seasonally ad [more] |
06.12.09
The Housing Working Group Recommendations
Roundtable Releases Recommendations to Reinvigorate U.S. Housing Market
RISMEDIA, June 11, 2009-The Housing Work [more] |
06.03.09
Builder Confidence Grows
Builder Confidence Grows In May
06/03/2009
WASHINGTON -- Builder confidence in the market for newly built, single [more] |
06.03.09
Caraustar Industries Files Chapter 11
Caraustar Industries files Chapter 11
Caraustar Industries Inc. reported early Monday it filed for Chapter 11 bank [more] |
06.02.09
McQueeney Gypsum
MCQUEENEY GYPSUM COMPANY files for chapter 11 bankruptcy.
On May 31, 2009, MCQUEENEY GYPSUM COMPANY filed for Chapte [more] |
06.02.09
Serious Materials validated by UL Environment
The UL symbol: now on green products
June 1st, 2009
From Green Right Now Reports
Underwriters Laboratories, wh [more] |
05.29.09
Judge Kills Stock's Leases
Judge Kills Stock's Leases; Losses Continue
9-month operating loss hits $172 million; revenues down 30% through April[more] |
05.29.09
New Home Inventories Decline
New-Home Inventories Continue Shrinking In April
May 28, 2009 - The number of newly built singl [more] |
05.28.09
Recession Ending??
Evidence mounts that recession may be ending
But the economy's bounce along the bottom may be a very bumpy ride.
[more] |
05.27.09
Remodeling Market Shows Signs of Recovery
Remodeling Market Shows Signs Of Recovery
WASHINGTON -- The residential remodeling market showed signs of impro [more] |
05.26.09
Stock Closing More Facilities
Stock Closing More Facilities
Operations in north Texas, Las Vegas join N.Y. State yards on the hit list
[more] |
05.22.09
McGraw-Hill Construction- April/'09
NEWS RELEASE
April Construction Slips One Percent
New York, N.Y. – May 19, 2009 – The value of new constructio [more] |
05.14.09
Knauff Confirms more Layoffs
5/13/2009 5:00:00 PM
Knauf confirms more layoffs
Company says reductions will help assure long-term health, [more] |
05.14.09
Owens Corning Receives ''Green Approved'' Product Seal
Owens Corning Receives 'Green Approved' Product Seal From NAHB Research Center
05/11/2009
TOLEDO, OH -- Owens C [more] |
05.14.09
USG CEO Comments on Q1 Loss
USG Corp. Chief Executive Officer William Foote called the company's most recent quarterly net loss "unacceptable" as t [more] |
05.11.09
USG Plant Downsizes
8. May 2009 | Categorie Business
Housing market decline costing local manufacturing jobs.
EAST CHICAGO | USG Co [more] |
05.07.09
ICC-ES Approval-CertainTeed’s CertaSpray Insulation
New ICC-ES Approval Confirms Compliance of CertainTeed’s Full CertaSpray™ Spray Foam Insulation Product Line
The onl [more] |
05.06.09
Construction Spending Rises
Construction Spending Rises 0.3 Percent in March
05/06/2009
The U.S. Census Bureau of the Department of Commer [more] |
05.06.09
Prosales 100 List
06/14/2007
WASHINGTON, DC -- Hanley Wood's PROSALES Magazine has just released its 2007 ProSales 100 list, ranking the [more] |
05.06.09
Stock Building Supply
THE GORES GROUP, LLC ACQUIRES A MAJORITY STAKE IN STOCK BUILDING SUPPLY HOLDINGS, LLC
Stock Building Supply Holdi [more] |
05.05.09
American Gypsum's Greenguard Products
PRESS RELEASE
American Gypsum's Gypsum Wallboard Products Attain GREENGUARD Indoor Air Quality Certified(R) Status and [more] |
05.05.09
Armstrong Q1 2009 Results
Armstrong World Industries Reports First Quarter 2009 Results
LANCASTER, Pa., April 30 /PRNewswire-FirstCall/ -- Ar [more] |
05.04.09
Caraustar Q1 '09 Results
ATLANTA, May 1 GA-Caraustar-earns
ATLANTA, May 1 /PRNewswire-FirstCall/ -- Caraustar Industries, Inc. (Nasdaq: CSAR) [more] |
05.04.09
Owens Corning Q1 '09 Results
Owens Corning Reports First-Quarter 2009 Results
Strong Roofing Performance Drives Improved Out [more] |
04.23.09
Eagle Materials Inc. Reports Q4 Results
Eagle Materials Inc. Reports Fourth Quarter and Fiscal Year Results
DALLAS, Apr 23, 2009 (BUSINESS WIRE) -- Eagle Ma [more] |
04.21.09
USG Corporation Reports First Quarter 2009 Earnings
News Release
USG Corporation Reports First Quarter 2009 Net Sales of $864 Million and a Net Loss of $42 Million
[more] |
04.16.09
Another Significant Downturn Anticipated in 2009
PRESS RELEASE
CONTACT: Elizabeth England : (617) 495-7640
April 16, 2009
(The next LIRA release date is July [more] |
04.16.09
Home building takes a big dip
Home building takes a big dip
Government report shows new home construction declined nearly 11% last month, dropping [more] |
04.01.09
CEOs to Work With President and Congress to Help Stimul
Business Roundtable Creates Housing Working Group
CEOs to Work With President and Congress to Help Stimulate Housi [more] |
04.01.09
Worthington Industries Reports Third Quarter Results
Worthington Industries Reports Third Quarter Results
Wed. April 01, 2009; Posted: 08:00 AM
COLUMBUS, Ohio, Ap [more] |
03.24.09
First-Time Buyers Lift Existing-Homes Sales 5.1%
First-Time Buyers Lift Existing-Homes Sales 5.1%
By KELLY EVANS and JUSTIN LAHART
First-time home buyers brea [more] |
03.18.09
Surprise jump in housing starts ignites Wall St. rally
Surprise jump in housing starts ignites Wall St. rally
Wed Mar 18, 2009 12:03am EDT
By Chuck Mikolajczak [more] |
03.17.09
Single-Family Starts Rise 1.1% in February
Single-Family Starts Rise 1.1% in February
Pace of 357,000 units beats analysts’ expectations, who remind builders t [more] |
03.06.09
Wolseley to exit Stock Building Supply
Wolseley to exit Stock Building Supply; raise $1.5 billion
Wolseley will exit its Stock Building Supply group or clo [more] |
02.26.09
Armstrong World Industries Reports 2008 Results
Armstrong World Industries Reports 2008 Results
LANCASTER, Pa., Feb. 26 /PRNewswire-FirstCall/ -- Armstrong World I [more] |
02.24.09
RedHeader RO™ Daytona 500 VIP EXPERIENCE
ClarkWestern Building Systems is proud to announce the 2009 RedHeader RO Daytona 500 VIP EXPERIENCE. All Contractor [more] |
02.18.09
Owens Corning Reports Fourth-Quarter and Full-Year 2008
Completes Successful Year in a Difficult Global Market
TOLEDO, Ohio, Feb. 18 /PRNewswire-FirstCall/ -- Owens Corni [more] |
02.11.09
U.S. Foreclosure Filings Increase
By Dan Levy
Feb. 11 (Bloomberg) -- U.S. foreclosure filings rose 15 percent in January from a year earlier and exceed [more] |
02.05.09
Eagle Materials Inc. Reports Third Quarter Results
DALLAS, Feb 05, 2009 (BUSINESS WIRE) -- Eagle Materials Inc. (NYSE: EXP) today reported fiscal third quarter net earning [more] |
01.27.09
Johns Manville to lay off 100 employees
Johns Manville is furloughing 100 hourly employees at a manufacturing complex in Waterville because of declining orders [more] |
01.27.09
Temple-Inland Inc. Reports Q4 and Full Year 2008 Result
Temple-Inland Inc. Reports Fourth Quarter and Full Year 2008 Results[more] |
01.19.09
National Gypsum Customers Can Order through Web
CHARLOTTE, NC (February 19, 2008) National Gypsum Company, headquartered in Charlotte, NC, announced today it has intr [more] |
01.16.09
Economic Weekly
[more] |
01.08.09
USG says new credit facility provides up to $500M
AP , 01.08.09, 03:07 PM EST
Building products maker USG Corp. said Thursday it amended its unsecured credit facility [more] |
01.07.09
Worthington Industries Returns to Q2 Profit
The Associated Press January 6, 2010, 12:25PM ET :Worthington returns to 2Q profit, shares climb
Metal-process [more] |
01.05.09
CertainTeed Insulation Completes Acquisition
CertainTeed Insulation Completes Acquisition of Canadian Insulation Manufacturer - To Expand North American Presence
[more] |
12.30.08
Steel prices expected to fall further
Steel mills have cut production but metals buyers have reduced purchasing more
By Tom Stundza -- Purchasing, 12/30/2 [more] |
12.22.08
Hacker Industries, Inc. Lends a Helping Hand to Habitat
Hacker Industries, Inc. and its Licensed Applicators team up with Habitat for Humanity New Orleans during the company's [more] |
12.19.08
MiTek Acquires Full Ownership of Aegis Metal Framing
Global company adds supplier of cold-formed steel truss and panel technology to family of companies
ST. LOUIS – [more] |
12.18.08
Worthington Industries slips to loss in Q2
(RTTNews) - Worthington Industries, Inc. (WOR: News ) posted a second quarter loss of $159.5 million or $2.02 per share [more] |
12.18.08
Worthington posts loss in Q2 - Update
(RTTNews) - Thursday, manufacturer of metal products, Worthington Industries, Inc. (WOR: News ), announced its second-q [more] |
12.02.08
Price of coal for steel-making seen plummeting
NEW YORK, Dec 2 (Reuters) - The recent slump in steel demand and cuts in production are likely to drive down the price o [more] |
12.02.08
Steel mill shuts a month, 300 workers laid off
GEORGETOWN, SC (AP) - The steel mill in Georgetown is shutting down for more than a month after orders dried up in the s [more] |
11.29.08
US economic downturn sparks layoffs at Fundy Gypsum
It won’t be Happy Holidays for the staff of Fundy Gypsum as the company heads into the New Year with a massive layoff. B [more] |
11.26.08
Drywall maker closes facility; 71 jobs lost
Wednesday, November 26, 2008
EAST GREENBUSH — In another sign of deteriorating conditions in the nation’s home con [more] |
11.22.08
Another Wilmington business to shut down
Another Wilmington business will be closing its doors. The National Gypsum Dry Wall Plant in Wilmington will shut down o [more] |
11.22.08
Georgia-Pacific plans job cuts
(The Brunswick News Via Acquire Media NewsEdge) Nov. 22--Industries in Brunswick and the Golden Isles are feeling the cr [more] |
11.22.08
Manufacturing jobs take a hit in Northeast Florida
That sector of the workforce is feeling the crunch more than most
By David Bauerlein, The Times-Union [more] |
11.21.08
Insulation Maker Knauf Plans Layoffs
Insulation Maker Knauf Plans Layoffs at Shelbyville Plant
(Shelbyville, Indiana) – Knauf Insulation plans t [more] |
11.21.08
USG ANNOUNCES AGREEMENT TO SELL $400 MILLION
USG Corporation Announces Agreement to Sell $400 Million of Contingent Convertible Senior Notes
< [more] |
11.19.08
Certified Green Dealers Website Hits 1M Page Views
Certified Green Dealers Website Hits 1 Million Page Views after Only 11 Months
LAKEVILLE, MN -- The Certifi [more] |
11.17.08
Forty-Five Employees Laid Off From Georgia Pacific
Forty-Five Employees Laid Off From Georgia Pacific Plant in Quanah
Dozens of employees at the Georgia Pacif [more] |
11.13.08
Serious Materials Named Grand Award Winner
Serious Materials Named Grand Award Winner for Green Tech in Popular Science’s Best of What’s New
SUNNYVALE, Cali [more] |
11.13.08
USG says cost-cutting put it ahead of declining market
By James P. Miller | Tribune staff reporter
8:43 AM CST, November 13, 2008
Building-products maker USG Corp., [more] |
11.07.08
CertainTeed Gypsum Announcement
For immediate release:
November 7, 2008
CertainTeed Gypsum Announces Suspension of Wallboard Production at its Jack [more] |
11.07.08
Lafarge Q3 profit rises
Lafarge Q3 profit rises; says not confirming 2010 targets - Update
Fri. November 07, 2008; Posted: 05:31 AM
[more] |
10.30.08
Armstrong World Industries Reports Q3 2008 Results
- Third quarter reported earnings declined modestly
- Third quarter adjusted earnings grew, despite weak marke [more]
|
10.28.08
USG CORPORATION REPORTS THIRD QUARTER 2008 NET SALES
USG CORPORATION REPORTS THIRD QUARTER 2008 NET SALES OF $1.2 BILLION AND A NET LOSS OF $40 MILLION
< [more] |
10.27.08
Eagle Materials Inc. Reports Second Quarter Results
DALLAS, Oct 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Eagle Materials Inc. (NYSE: EXP) today reported f [more] |
10.24.08
Lafarge Gypsum Launch Lightweight Steel Frame Housing
Lafarge Gypsum launch lightweight steel frame housing using FrameCAD Frame Master from FrameCAD Solutions
(AUSTRAL [more] |
10.23.08
Construction Market Will Continue to Slide in 2009
According to McGraw-Hill Construction Outlook
Expected 7% Decline Will Follow 12% Drop in 2008 as Finan [more] |
10.21.08
CERTAINTEED INSULATION TO EXPAND CANADIAN PRESENCE
News Release:
CertainTeed Insulation to Expand Canadian Presence with Purchase of Ottawa Fibre
(Valley Forge [more] |
10.15.08
ProBuild Acquires CTX Builders Supply
Source: BIG BUILDER News
Publication date: October 8, 2008
By Teresa Burney
ProBuild Holdings has bought the ass [more] |
10.01.08
BMHC Gets New Loan Terms
Dealer will pay higher interest rates, provide stock warrants, operate with less maneuvering room.
Source: PROSALE [more] |
09.30.08
Case-Shiller Indices Drop at Record Pace
Source: BIG BUILDER News
By BB Staff
Single-family home prices remained in freefall in July, according to the S&P [more] |
09.12.08
PrimeSource Makes Acquisition
PrimeSource Building Products has purchased Compass International, the Anaheim, Calif.-based fastener supplier, for an u [more] |
09.08.08
THE DRAKE GROUP NAMES DON MOSES EXECUTIVE DIRECTOR
The Drake Group announces Don Moses as its Executive Director. Don recently retired from CertainTeed where he was the P [more] |
09.07.08
FEDERAL REGULATORS TAKING OVER FANNIE MAE & FREDDIE MAC
Washington DC - U.S. federal regulators outlined their takeover of Fannie Mae and Freddie Mac Sunday morning, including [more] |
09.05.08
UNEMPLOYMENT JUMPS TO 6.1% - 5 YEAR HIGH
Unemployment Rate Hits 5-Year High As Economy Continues to Shed Jobs - Construciton Loses Another 8,000
Washington [more] |
09.04.08
FLORIDA HOME BUILDER, ORIOLE HOMES, BEING LIQUIDATED
After nearly half a century of building Florida neighborhoods, Oriole Homes Corp. finally met an economic downturn it co [more] |
09.04.08
TOLL BROS REPORTS POSITIVE EARNINGS BEFORE WRITE DOWNS
Luxury home builder Toll Brothers swung to a third-quarter net loss, hurt by write-downs and weakened demand in most mar [more] |
09.03.08
LOSS FOR HOVANIAN MORE THAN DOUBLES IN LATEST QTR
Loss at Home Builder Hovnanian More Than Doubles to $202 Million From a Year Ago
Hovnanian Enterprises, the home [more] |
09.03.08
WILL HOME PRICE DECLINE END WITHIN THE NEXT YEAR?
Home-Price Bottom May Still Be a Year Away
Home Depot Inc. CEO Frank Blake told a Goldman Sachs retail conference that [more] |
08.29.08
WOODSIDE HOMES GOES INTO BANKRUPTCY
Creditors have forced one of the country's largest privately held home builders into bankruptcy proceedings, contending [more] |
08.27.08
RESIDENTIAL DELINQUENCIES & LOSSES CONTINUE TO RISE
Delinquencies and losses on pools of loans backing U.S. residential mortgage-backed securities issued in 2006 and 2007 c [more] |
08.26.08
HOME PRICES CONTINUE THEIR DECLINE IN JUNE
Home Prices Continue to Decline; Housing Recovery Not Expected Until Price Stabalizes and Inventory Declines. Bottom C [more] |
08.21.08
ASHGROVE BUYS 5% STAKE OF EAGLE MATERIALS FOR $53M
Eagle Materials jumps as investor buys 5 pct stake
Associated Press 08.20.08, 5:34 PM ET
New York, NY - Shares of [more] |
08.20.08
YET ANOTHER HOME BUILDER FILES FOR BANKRUPTCY
A Scottsdale, Arizona home builder recognized two years ago as an up-and-coming business has collapsed in the weak marke [more] |
08.19.08
BUILDER CONFIDENCE HOLDS STEADY IN AUGUST
Sales Expectations Improve For Next Six Months
Anticipating positive impacts of newly enacted housing stimulus l [more] |
08.19.08
HOME DEPOT EARNING DECLINE 24%
Housing-Market Downturn Hits Home Depot's Earnings
Home Depot Inc. posted a 24% decline in fiscal second-quarter n [more] |
08.19.08
HOUSING STARTS DOWN 11% WITH PERMITS PLUNGING 17.7%
Home construction plummeted during July in an expected reversal of an odd, misleading surge in the previous month that m [more] |
08.16.08
CONCERNS ABOUT BUILDER BANKRUPTCY SPREADS TO BUYERS
Taking Steps to Make Sure Your Builder Won't Go Bust
With more firms in financial trouble, Buyers Could be Left Holding [more] |
08.14.08
HOME FORECLOSURES UP 55% IN JULY
NUMBER OF HOME FORECLOSURES IN 2009 COULD EXCEED NUMBER OF NEW HOME STARTS
New York, NY - U.S. foreclosure activit [more] |
08.14.08
INFLATION SOARS TO 17 YEAR HIGH IN JULY
U.S. Inflation Hits 17-Year High As Increases Move Beyond Food, Oil
Washington DC - U.S. inflation soared to a 17- [more] |
08.14.08
TOLL BROTHERS SEES SHARP DECLINE IN 3RD QTR
Toll Brothers (TOL) said Wednesday the nation's housing woes continue to hammer the luxury builder's business, leading t [more] |
08.13.08
GREENSPAN SEES HOUSING BOTTOM & PRICE STABALIZATION '09
Greenspan Sees Bottom In Housing, Criticizes Bailout
Washington DC - Alan Greenspan usually surrounds his opinions [more] |
08.13.08
TOLL BROTHERS SEES GROWING PENT UP DEMAND
Toll Brothers Posts Revenue Decline, But Seeing "Pent Up Demand" Growing. GypsumToday.com Believes Stabalization of Hom [more] |
08.09.08
WALLBOARD PRICES UP WITH MORE EXPECTED BY 4TH QTR '08
Mission Viejo, CA - Gypsum wallboard prices in the United States hit cycle bottom in January 2008. Since that time ther [more] |
08.08.08
BEAZER REPORTS KEY QUARTERLY PERFORMANCE NUMBERS
$110 Million Net Loss, Closings Down 37%, Prices Down 9%, Cancellation Rate 37% and New Orders Down 42%
Beazer Hom [more] |
08.05.08
D.R. HORTON POSTS $339M LOSS AND SIGNALS '10 RECOVERY
D.R. Horton Inc., the nation's largest homebuilder, said Tuesday its losses in the fiscal third-quarter narrowed as the [more] |
08.04.08
MAJOR BUILDER WCI FILES FOR BANKRUPTCY
WCI files for bankruptcy and names interim CEO
Florida builder succumbs to housing bust; Icahn says financing efforts f [more] |
08.02.08
LAFARGE GYPSUM REPORTS NEGATIVE 37.8% EBIT/SALES IN Q2
Lafarge Gypsum Financial Performance Declines From Negative 31% EBIT/Sales in First Quarter '08 to Negative 37.8% EBIT/S [more] |
08.01.08
UNEMPLOYMENT HITS 4 YR HIGH OF 5.7% IN JULY
Job Losses Suggest Economic Weakness to Persist
Unemployment Hit A Four-Year High Of 5.7% in July Construction Jobs Dow [more] |
07.31.08
ARMSTRONG CEILINGS EBIT/SALES IMPROVES TO 19.4% IN Q2
Mission Viejo, CA - Within Armstrong World Industries latest results announcement it was reported that Armstrong Ceiling [more] |
07.31.08
BUSH SIGNS SWEEPING HOUSING BILL INTO LAW
Washington DC - U.S. President George W. Bush on Wednesday signed into law a sweeping rescue package aimed at resurrecti [more] |
07.30.08
CANADA'S FEDERAL GYSPUM FILES FOR BANKRUPTCY
Point Tupper, Canada - The beleaguered Federal Gypsum wallboard plant filed for bankruptcy last Friday, owing about $32 [more] |
07.29.08
HOME PRICES DROP 15.8% WITH LOW CONSUMER CONFIDENCE
House Prices Fell at Faster Pace in May (Update3)
Home prices in 20 U.S. metropolitan areas fell at a faster pace [more] |
07.29.08
HOMES ON MARKET FINALLY STARTING TO DECLINE
Amid Housing Slump, Glut Eases Slightly Rising Foreclosures, Tighter Credit Still Pushing Down Prices; Economists Don't [more] |
07.27.08
CONGRESS PASSES HOUSING BILL EXPECTED TO BE LAW MONDAY
Washington DC - U.S. Senate lawmakers on Saturday overwhelmingly passed a broad package of housing legislation, hoping t [more] |
07.25.08
NEW HOME SALES FALL 0.6% IN JUNE: BETTER THAN EXPECTED
New Home Sales Down 0.6% in June with Inventory Down 5.3%, Lowest Since December 2004
Washington DC - Sales of new [more] |
07.25.08
PACE OF HOME FORECLOSURES DOUBLES IN 2ND QUARTER
Home foreclosure filings more than doubled in the second quarter of 2008 from a year ago, according to real estate data [more] |
07.25.08
PULTE HOMES REPORTS $158 MILLION LOSS IN SECOND QUARTER
NEW YORK - Pulte Homes Inc posted a smaller quarterly loss on Wednesday, but said buyer confidence remained shaky.
[more] |
07.25.08
ST GOBAIN REPORTS INTERIOR & NORTH AMERICA DECLINES
Mission Viejo, CA - Within Saint-Gobain's latest results annoucement it was reported that their Global Interior Solution [more] |
07.25.08
TEMPLE INLAND ACQUIRES CARAUSTAR SHARE OF PAPER JV
Temple-Inland Acquires Caraustar's Interest in Premier Boxboard Limited Joint Venture
Austin, TX - Temple-Inland I [more] |
07.24.08
APPEARS CONGRESS HOUSING/MORTGAGE BILL WILL PASS SOON
Housing Bill Will Extend
Federal Role In Markets
By DAMIAN PALETTA and JAMES R. HAGERTY
July 24, 2008; Page A1
Wa [more] |
07.23.08
US GYPSUM REPORTS NEGATIVE 12.7% EBIT/SALES FOR 2ND QTR
Mission Viejo, CA - Within USG Corporations latest results announcement it was reported that U.S. Gypsum Company had an [more] |
07.23.08
USG INTERIORS TURNS IN SOLID 13.5% EBIT/SALES IN Q2
Mission Viejo, CA - Within USG Corporations latest results announcement it was reported that USG Interiors (i.e. domesti [more] |
07.23.08
USG'S L&W REPORTS BETTER 2.2% EBIT/SALES IN LATEST QTR
Mission Viejo, CA - After reporting a disappointing $1 million operating loss in the Jan-March quarter, USG's distributi [more] |
07.22.08
NVR REMAINS PROFITABLE DESPITE ORDERS DOWN 29%
Reston, VA - The housing slump continued to take its toll on homebuilder NVR Inc. as second-quarter earnings dropped 43 [more] |
07.21.08
EAGLE REPORTS NEGATIVE 2.2% EBIT/SALES IN GYPSUM
Mission Viejo, CA - Eagle's (American Gypsum wallboard plus paperboard)negative $2.2 million EBIT on net sales of $100.9 [more] |
07.17.08
BUILDER CONFIDENCE DECLINES FURTHER IN JULY
Washington DC - Builder confidence in the market for newly built single-family homes fell for a third consecutive month [more] |
07.17.08
UNDERLYING HOUSING STARTS DECLINE 4% IN JUNE
Codes Change in New York City Boosts Housing Starts, But Excluding the NE Multifamily Data, U.S. Housing Starts Fell 4.0 [more] |
07.16.08
INFLATION SURGES IN JUNE TO HIGHEST IN PAST 25 YEARS
Inflation Surges 1.1% on Energy Prices in June to Highest Level in Past 25 Years.
Washington DC - U.S. consumer pr [more] |
07.12.08
HOUSE & SENATE NEED TO RECONCILE HOUSING RELIEF BILL
Washington DC - The U.S. Senate passed an extensive package of housing legislation Friday, reacting to the continuing er [more] |
07.11.08
CONCERNS ABOUT MORTGAGE GIANTS FREDDIE & FANNIE GROW
Markets Roiled by Mortgage Fears
Washington DC - Big moves in the shares of government-chartered lenders Fannie Ma [more] |
07.11.08
GOLDBLATT INTRODUCES NEW ''BLADERUNNER'' DRYWALL TOOL
Goldblatt and CertainTeed Gypsum Launch Revolutionary Drywall Cutting Tool in North America
Olathe, KS -Goldblatt [more] |
07.09.08
SECRETARY PAULSON COMMENTS ON HOME FORECLOSURES
Secretary Paulson: Many foreclosures can’t be prevented
Homeowners that bought too much house may lose them, he says. [more] |
07.07.08
ARIZONA BUILDER ROBERTSON FILES CHAPTER 11 BANKRUPTCY
Tucson, AZ - Tucson-based builder T.F. Robertson Cos. filed for Chapter 11 reorganization bankruptcy on Thursday July 3r [more] |
07.04.08
WASHINGTON BASED CB WHOLESALE JOINS THE DRAKE GROUP
Mission Viejo, CA - CB Wholesale, Inc based in Bellingham, Washington is most recent leading, privately held, independen [more] |
07.03.08
OFFICE VACANCY RATE INCREASES FROM 12.8% TO 13.0%
Businesses Take Less Office Space Nationwide Landlords Feel Pain As Market Softens; Tenants Gain Edge
New York, NY [more] |
07.03.08
UNEMPLOYMENT RATE HOLDS STEADY AT 5.5% IN JUNE
Washington DC - U.S. payrolls shrank for the sixth consecutive month in June, as businesses faced with rising costs and [more] |
07.02.08
CONSTRUCTION LOANS TO ADD TO BANKING PROBLEMS
Small Banks' Reckoning Day Is Coming, Billions in Troubled Construction Loans Promise to Pose Test for Regional Lenders
[more] |
07.02.08
CONSTRUCTION SPENDING FALLS AGAIN IN MAY
Construction spending drops 0.4 percent in May - 11th Drop in Last 12 Months
Washington DC — Construction spending [more] |
07.02.08
NEW HOME SALES AND BUILDER CASH FLOWS REMAIN A CONCERN
Industry Manufacturers, Dealers and Builders Continue to Investigate Equity Infusions to Shore up Weak Balance Sheets.
[more] |
07.01.08
CALIFORNIA HOUSING MARKET IN DIRE STRAIGHTS
San Francisco, CA - While the underlying demographics for housing remain strong in California and are expected to gain e [more] |
07.01.08
GypsumToday.com USEAGE GROWS TO OVER 8,000 PER MONTH
Mission Viejo, CA - Visitors and useage of the unique GypsumToday.com industry portal continues to increase with current [more] |
06.28.08
ARIZONA BLDR SIERRA PACIFIC FILES CHAPTER 11 BANKRUPTCY
Tucson, AZ - Local home builder Sierra Pacific Homes LLC filed for Chapter 11 bankruptcy protection on Friday.
A petit [more] |
06.28.08
FLORIDA BLDR LEVITT & SONS TO LIQUIDATE
Fort Lauderdale builder Levitt and Sons to liquidate
Ft. Lauderdale, FL - Legendary home builder Levitt and Sons o [more] |
06.27.08
DIETRICH RETURNS TO PROFITABILITY WITH $15.4 M EBIT QTR
Mision Viejo, CA - Within Worthington Industries latest results announcement Dietrich Metal Framing reported a $15.395 m [more] |
06.27.08
KB HOME LOSS WIDENS ON WRITE DOWNS AND 17% LOWER PRICES
KB Home's fiscal second-quarter loss nearly doubled as prices fell amid a continuing housing downturn and credit crisis. [more] |
06.26.08
LENNAR LOSS NARROWS TO $121M - ORDERS DOWN 45%
Lennar Corp.'s second-quarter net loss narrowed as the company reported fewer write-downs, but home prices, orders and d [more] |
06.26.08
WOLSELEY TO DO STRATEGIC REVIEW OF STOCK BLDG SUPPLY
Wolseley to carry out strategic review of loss-making Stock Building Supplies; could postpone need for rights issue by T [more] |
06.25.08
CONSUMER CONFIDENCE CONTINUES DECLINE TO 16 YR LOW
US consumer confidence plunges in June while future expectations at record low
Washington DC - US consumer confide [more] |
06.25.08
NEW HOME SALES DOWN 2.5% IN MAY - BLDRS INVENTORY DROPS
New home sales down 2.5 pct in May to 512,000 unit annual pace
Washington DC - Sales of new homes in the United St [more] |
06.24.08
HOME PRICE INDEX SHOWS STEEPER DECLINES IN APRIL
Housing Index Show Deeper Slump
The S&P/Case-Shiller home-price indexes, a closely watched gauge of U.S. home pric [more] |
06.24.08
MARYLAND'S CARUSO HOMES FILES CHAPTER 11 BANKRUPTCY
Baltimore, MD - Crofton-based Caruso Homes, which has developed numerous subdivisions in suburban Maryland and Northern [more] |
06.23.08
BUILDER CONFIDENCE DECLINES AGAIN IN JUNE
Builder confidence in the market for newly built single-family homes edged down in June, according to the National Assoc [more] |
06.23.08
WORST HOUSING SLUMP IN 50 YRS HASN'T RUN ITS COURSE
The current housing downturn is shaping up to be the worst in 50 years, and it has not yet run its full course, accordin [more] |
06.19.08
TWO MORE HOME BUILDERS BUCKLE
Two More Builders Buckle
Two more home builders have filed for Chapter 11 bankruptcy protection in the face of dec [more] |
06.17.08
HOUSING STARTS DOWN 3.3% IN MAY TO 17 YEAR LOW
Washington DC - U.S. housing starts slid 3.3 percent in May to their lowest level in more than 17 years, while permits f [more] |
06.16.08
HOME FORECLOSURES UP 48% IN MAY
According to the foreclosure-monitoring company, RealtyTrac, US foreclosure filings have continued to rise in May, indic [more] |
06.16.08
MAJOR MINNESOTA HOMEBUILDER FILES BANKRUPTCY
Major builder files for Chapter 11 which is expected to effect subcontractors and dealers: MW Johnson was the 11th-large [more] |
06.14.08
LARGE OREGON HOME BUILDER FILES BANKRUPTCY
Portland, OR — Legend Homes, one of Oregon’s largest homebuilders, filed for bankruptcy after its parent company made so [more] |
06.11.08
USG STOCKTON GRID PLANT WINS SAFETY AWARD
USG Stockton Ceiling Grid Plant Wins CAL OSHA Star Award for Safety
STOCKTON, CA, June 11, 2008 - USG Corporation [more] |
06.09.08
GIANT REAL ESTATE PARTNERSHIP FILES BANKRUPTCY
Giant real estate partnership LandSource files bankruptcy.
The California real estate partnership LandSource Commu [more] |
06.06.08
ST GOBAIN SHAREHOLDERS APPROVE SHAREHOLDER AGREEMENT
Saint-Gobain shareholders approve agreement with main shareholder Wendel (Note: Saint-Gobain owns CertainTeed Gypsum, In [more] |
06.06.08
UNEMPLOYMENT JUMPS TO 5.5% -CONSTRUCTION DOWN AGAIN
Unemployment Rate Jumps to 5.5% As Economy Continues to Shed Jobs: Loss of Construction Jobs is 11th Month in a Row. C [more] |
06.05.08
HISPANIC WORKERS HIT HARD BY CONSTRUCTION SLOWDOWN
Hispanics who provided the bulk of the construction work force during the housing boom are suffering as many of those jo [more] |
06.05.08
HOME FORECLOSURES AT RECORD LEVELS AND RISING
Home Foreclosures, Delinquencies Hit Another Record in the First Quarter
Washington DC - Home foreclosures and lat [more] |
06.05.08
HOUSING SUPPLY FOR SALE SHOWS SLIGHT DECLINE IN MAY
Housing Supply Declined in May,Ample Listings
Remain in Market; A Sign of Leveling. Supply Approximately 10.7 Months [more] |
06.03.08
HOME BUILDER TAYLOR-MORLEY CLOSES ITS DOORS
St. Louis, MO - Taylor-Morley Homes Inc., once one of the largest home builders in the St. Louis area, ceased operations [more] |
06.03.08
HOVANIAN REPORTS POSITIVE CASH FLOW BUT INCREASED LOSES
Hovnanian Loss Increases to $340.7 Million in Latest Quarter as Largest National Home Builders Write Downs Exceed the $2 [more] |
06.03.08
TOLL BROTHERS POSTS SMALLER THAN EXPECTED LOSS
New York, NY - Toll Brothers Inc (TOL.N: Quote, Profile, Research), the largest U.S. luxury home builder, posted a quart [more] |
05.30.08
CERTAINTEED OPENS NEW WEST VIRGINIA WALLBOARD PLANT
Industry Trend of Shutting Down Old, Slow, High Cost Wallboard Plants As New High Spead Low Cost Plants Come On Line Wit [more] |
05.30.08
NATIONAL GYPSUM COMPANY EARNS ''GREEN'' AWARD
Charlotte, NC - National Gypsum and the Mt. Holly Plant earned one of the Charlotte Business Journal’s 2008 Green Awards [more] |
05.27.08
APRIL NEW HOME SALES RUNNING 42% BEHIND PRIOR YEAR
Washington DC - Sales of newly constructed single-family homes rose 3.3 percent in April to a 526,000 annual rate but th [more] |
05.27.08
HOME BUILDER CONFIDENCES DECLINES ANOTHER 5% IN MAY
Home Builder Confidence Declines Another 5% in May, 5% Above All Time Record Low Set in December 2007
Home builder [more] |
05.27.08
HOME PRICES FALL 14% IN FIRST QTR '08 VS YEAR EARLIER
Home Prices Fall 14% 1st Qtr vs. Prior Year; Largest Drop in 20 Years.
The S&P/Case-Shiller home-price indexes, a [more] |
05.27.08
MAY CONSUMER CONFIDENCE TUMBLES 8.9% TO 16 YEAR LOW
Consumer confidence weakened more than expected and for the fifth straight month in May, according to a new report.
[more] |
05.27.08
STD PACIFIC: CASH INFUSION TAKES BANKRUPTCY OFF TABLE
A $580 Million Cash Infusion by MatlinPatterson Global Advisors Appears to Save Standard Pacific From Possible Bankruptc [more] |
05.23.08
HOMES FOR SALE BALLONS 10% TO 11 MO INVENTORY ON MKT
Home Resales, Prices Decline,
While Inventories Increase 10.5% To An 11.2 Month Supply Now on The Market
Washing [more] |
05.23.08
SERIOUS MATERIAL'S QUIET ROCK WINS GLOBAL GYPSUM AWARD
Mission Viejo, CA - Sunnyvale, CA based Serious Materials won the Gypsum Product of the Year Award for their QuietRock p [more] |
05.22.08
HARDIE EBIT/SALES FALLS TO 13.8% IN JAN-MAR '08 QUARTER
Within their latest results announcement James Hardie, the industry leader in fiber cement, announced $43.2 million EBIT [more] |
05.22.08
PACE OF HOME PRICE DECLINES ACCELERATES DURING 1ST QTR
Home Prices Continue to Decline, Jobless Claims Drop in Latest Week
Washington DC - U.S. home prices fell a season [more] |
05.20.08
APRIL INFLATION NUMBERS HIGHER THAN EXPECTED
Washington DC - The core rate of inflation rose in April at twice the rate expected by economists. The core index, which [more] |
05.20.08
HOME DEPOT'S PROFIT FALLS 66% AS R&R MARKET SLOWS
Home Depot's Net Falls 66% As Homeowners Cut Projects. Depot Reports $728 Million EBIT on Sales of $17.907 Billion Duri [more] |
05.20.08
POLITICAL COMPROMISE MAKING HOMEOWNER BILL LIKELY
Washington DC - A once-imperiled bill aimed at helping troubled homeowners seems to be too politically resonant to fail. [more] |
05.19.08
ECONOMY & LEADING INDICATORS FLAT - SKIRTING RECESSION
Leading Indicators Increase 0.1%: Currently Very Close to But Missing Formal Definition of Recession.
New York, N [more] |
05.19.08
LOWE'S PROFIT FALLS 18% - EBIT/SALES OF 8.7%
Lowe's Net Falls 18% as Big-Ticket Sales Decline. $1.048 Billion EBIT on Sales of $12.009 Billion During the Latest Quar [more] |
05.16.08
APRIL HOUSING STARTS & PERMITS MAY BE START OF A BOTTOM
Housing Starts Post Surprise 8.2% Rise in April (note: still 30.6% below April '07) with Permits Rising 4.9%
Washi [more] |
05.16.08
CONSUMER CONFIDENCE DROPS TO 28 YEAR LOW
New York, NY - U.S. consumer confidence tumbled to a 28-year low this month as rising prices strained household finances [more] |
05.15.08
SENATE NEARS MORTGAGE DEAL
Washington DC - Senate lawmakers are close to a deal that would expand a government program to insure hundreds of billio [more] |
05.14.08
CONTINUED INCREASES IN STEEL AFFECTING COMMERCIAL MKT
Fast-Rising Steel Prices Set Back Big Projects
Relentless increases in the price of steel are halting or slowing m [more] |
05.13.08
BEAZER HOMES REPORTS $155 MILLION QUARTERLY LOSS
Atlanta, GA - Troubled homebuilder Beazer Homes USA Inc. said Monday it restated financial results for several prior-yea [more] |
05.13.08
TOLL BRO REV DOWN 30% WITH CONTRACTS DOWN 44%
Tolls Brothers Reports Revenue down 30%, Contracts Down 44% and Prices Down 17%.
Toll Brothers Inc. (TOL) Tuesday [more] |
05.12.08
NORTH CAROLINA HOME BUILDER FILES BANKRUPTCY
John S. Card Residential Builders Inc. has filed for Chapter 7 bankruptcy in the Middle District of North Carolina of U. [more] |
05.12.08
STD PACIFIC CONSIDERS SALE AFTER REPORTING $216M LOSS
Standard Pacific Considers Sale After Reporting $216 Million Loss
Standard Pacific Corp., the California homebuil [more] |
05.09.08
BEACON ROOFING REPORTS NEGATIVE 2.3% EBIT/SALES IN Q1
Mission Viejo, CA - Beacon Roofing Supply (NYSE: BECN) reported an operating loss of $6.94 million on sales of $304.251 [more] |
05.09.08
LAFARGE GYPSUM REPORTS NEGATIVE 31% EBIT/SALES Q1 '08
Lafarge Repots Negative 31% EBIT/Sales for North American Gypsum During Jan-March '08 Quarter
Mission Viejo, CA - [more] |
05.08.08
ANOTHER HOMEBUILDER FACING MAJOR LIQUIDITY ISSUES
Bonita Springs, FL - Home builder WCI Communities Inc (NYSE: WCI) faces the risk of bankruptcy due to its deteriorating [more] |
05.08.08
BLUELINX REPORTS NEGATIVE 1% EBIT/SALES FOR 1ST QTR '08
Mission Viejo, CA - Earlier this month Distributor BlueLinx Holdings (MYSE: BXC)reported $7.8 million operating loss on [more] |
05.08.08
BUILDER HOVANIAN SEEKING EQUITY INFUSION
Hovnanian Enterprises prices follow-on stock offering
Hovnanian Enterprises prices 14 million follow-on stock offering [more] |
05.08.08
OWENS CORNING EBIT/SALES DROPS TO 4.3% IN FIRST QTR '08
Owens Corning's Insulating Systems EBIT/Sales Drops to 4.3% in Q1 '08 from 12.1% During Q4 '07 Primarily Due to Declinin [more] |
05.06.08
D.R. HORTON REPORTS RECORD $1.31 BILLION LOSS
D.R. Horton Reports Record $1.31 Billion Loss as Housing Slump Worsens
D.R. Horton Inc. reported a record loss as [more] |
05.06.08
EAGLE REPORTS 5.2% POSITIVE EBIT/SALES IN BAD MARKET
Mission Viejo, CA - Eagle's (American Gypsum wallboard plus paperboard)positive $4.9 million EBIT before extraordinary p [more] |
05.05.08
HOVNANIAN REPORTS IMPROVED CASH & LOWER CANCELATIONS
Hovnanian Enterprises Reports Preliminary Operating Results for the Second Quarter of Fiscal 2008, Increases 2008 Cash F [more] |
05.02.08
ARMSTRONG REPORTS 16.6% EBIT/SALES AND EXPECTED SLOWING
Mission Viejo, CA - Withing Armstrong World Industries (NYSE: AWI) latest results announcement they reported 16.6% EBIT/ [more] |
05.02.08
CARAUSTAR REPORTS SLIGHT PROFIT - MKT CAP $45M
Wallboard Paper Supplier Caraustar Moves to Slight Profit in First Quarter with Total Market Capitalization of Approxima [more] |
05.02.08
UNEMPLOYMENT DROPS TO 5% - CONST LOSES ANOTHER 61m JOBS
Economy Shed Jobs in April But Pace of Decline Slows
Washington DC - U.S. employment fell a fourth straight month [more] |
05.01.08
CENTEX LOSS WIDENS TO $908M W/LAND&INVENTORY WRITE DOWN
New York, NY - Centex Corp (CTX), the No. 4 U.S. home builder, said on Wednesday its fiscal fourth-quarter loss widened [more] |
05.01.08
CONSTRUCTION SPENDING DECLINES 1.1% IN MARCH
Washington DC - US construction spending was down again in March, but only after across-the-board revisions by the Comme [more] |
05.01.08
HOME DEPOT TO CLOSE 15 UNDERPERFORMING STORES
Atlanta, GA - It's been 4 1/2 years since former Home Depot Chief Executive Bob Nardelli's bold prediction that the home [more] |
05.01.08
STEEL FRAMING PRICE INCREASES MAY EXTEND INTO 3RD QTR
Mission Viejo, CA - While increasing steel framing costs were clearly expected through the first half of 2008 (see Gypsu [more] |
05.01.08
TREND TOWARD SMALLER HOMES EXPECTED TO CONTINUE
In Addition to Facing the Current Declines in New Housing Starts the Residential Construction Industry Should Anticipate [more] |
05.01.08
WALLBOARD DEMAND DOWN 13%-14% IN FIRST QTR 2008
Mission Viejo, CA - Gypsum wallboard demand of 6.785 billion square feet in the United States during the January-March 2 [more] |
04.30.08
FED CUTS INTEREST RATE 1/4% - SIGNALS RATE PAUSE AHEAD
Washington DC - The Federal Reserve delivered its seventh interest rate cut since the credit crisis began last July but [more] |
04.30.08
M I HOMES POST $26M LOSS WITH BUSINESS DOWN ABOUT 1/3
M/I Homes posts loss for 1Q on ailing housing market
New York, NY - M/I Homes Inc. (NYSE: MHO)lost money in the fi [more] |
04.29.08
CASH GAP PARALYZES IOWA'S REGENCY HOMES
Des Moines, IA - Iowa's largest home builder, Regency Cos. of Des Moines, has laid off the entire staff of its home buil [more] |
04.29.08
HOME PRICES DECLINE 12.7% IN TOP 20 METRO MARKETS
Washington DC - U.S. consumer confidence continued to weaken in April, the fourth straight month of declines, according [more] |
04.29.08
MASCO INSTALLATION SERVICES DROPS TO SMALL LOSS IN Q1
Mission Viejo, CA - Within Masco's first quarter 2008 results announcement it was reported that their Installation Servi [more] |
04.29.08
NEW RESIDENTIAL RECOVERY POSSIBLE IN SPRING 2010
Excess Supply of Homes to Sell, Increasing Foreclosures, Concern about Jobs and Expectations of Further Declines in Home [more] |
04.27.08
CONSUMER CONFIDENCE PLUNGES 9.9% TO 26 YEAR LOW
U.S. Consumer Confidence Falls in April to its lowest level since March 1982
Washington DC - The Reuters/Universit [more] |
04.26.08
CHGO BUILDER KIMBALL HILL HOMES FILES BANKRUPTCY
Chicago, IL - Rolling Meadows-based Kimball Hill Inc. filed for bankruptcy protection Wednesday but said it will use $60 [more] |
04.24.08
MDC LOSS OF $73 MILLION DEEPER THAN EXPECTED
MDC Holdings loss deeper than expected
Denver, CO - U.S. home builder MDC Holdings Inc (MDC.N: Quote, Profile, Res [more] |
04.24.08
NEW HOME SALES FALL 8.5% TO LOWEST LEVEL IN 17 YEARS
New-Home Sales Fall to Low Last Seen in Early 1990s
The worst days of the housing slump may lie ahead. Buyers van [more] |
04.23.08
PULTE HOMES LOSS WIDENS TO $696M WITH WRITE DOWNS
Bloomfield Hills, MI - Pulte Homes announced today financial results for its first quarter ended March 31, 2008. For the [more] |
04.23.08
RYLAND HOMES CLOSINGS DOWN 33%, NEW ORDERS DOWN 28%
Cash balance of $213.3 million as of March 31, 2008;
Net debt-to-total capital ratio was 36.4 percent at March 31, [more] |
04.22.08
US GYPSUM REPORTS NEGATIVE 9.3% EBIT/SALES FOR 1ST QTR
Mission Viejo, CA - U.S. Gypsum reported a $48 million operating loss plus $12 million plant start up costs and $4 milli [more] |
04.22.08
USG INTERIORS EBIT/SALES DROPS FROM 15% TO 11% IN Q1
Mission Viejo, CA - Following improved operating performance to 15% EBIT/Sales during the 4th quarter of 2007, USG Inter [more] |
04.22.08
USG'S L&W FALLS TO LOSS DURING 1ST QUARTER
L&W Supply Gains Market Share, but Moves into an Operating Loss During January-March Quarter
Mission Viejo, CA - A [more] |
04.21.08
ADDITIONAL INSULATION ONE OF BEST WAYS TO SAVE ENERGY
Color Your Home Green This Earth Day: Adding insulation will help you stay cool, save energy and be earth-friendly
[more] |
04.21.08
HOMEBUILDER NVR BUCKS TREND WITH $43.5 MILLION PROFIT
In a quarter when other public builders are losing millions, NVR reported net income of $43.5 million, or $7.42 per dilu [more] |
04.16.08
ADDITIONAL MANUFACTURING RATIONALIZATION IN WALLBOARD
Wallboard Manufacturers Continue to Reduce Production and/or Shut Down Facilities To Maximize Efficiency of Networks Sim [more] |
04.16.08
CLARK/WESTERN OPENING 3RD SERVICES CENTER IN NORTHEAST
ClarkWestern™ Building Systems Opening New Engineering & Design Services Office in Portland, ME
The newest ClarkWe [more] |
04.16.08
CONSUMER INFLATION RUNNING AT 4% PACE
Washington DC - U.S. consumer prices rebounded in March on the back of rising oil prices, a government report showed, a [more] |
04.16.08
HOUSING STARTS PLUNGE 11.9% TO 17 YR LOW: PERMITS -5.8%
Housing starts plunge to a 17-year low & Pace of building new homes down 36.5% on year-over-year basis
Washington [more] |
04.15.08
FORECLOSURES SPIKE 57% IN MARCH ADDING TO HOUSING WOES
Foreclosure filings for March rocketed 57% from a year earlier and rose 5% from February, a foreclosure listing service [more] |
04.10.08
CLARK/WESTERN ADVANCES STEEL FRAMING COMPLIANCE EFFORTS
Open Letter to Drywall Framing Distributors and Contractors from Clark/Western:
Recently, the membership of the St [more] |
04.10.08
CONSUMER CONFIDENCE PLUNGES 15% TO 5 YR LOW IN MARCH
Consumer Confidence Falls 15% in March While Future Expectations Fall to a 35 Year Low
Washington DC -The Confere [more] |
04.10.08
FORECLOSURE RATES INCREASE WITH PEAK EXPECTED IN '09
Even as federal and state governments come under growing pressure to respond to the mortgage crisis, new data show that [more] |
04.09.08
SMALL BUSINESS CONFIDENCE FALLS TO 22 YEAR LOW
Small-Business Optimism Plunges
Small-business owners' confidence in the economy is plummeting, prompting cutbacks [more] |
04.04.08
UNEMPLOYMENT RATE JUMPS UP TO 5.1% IN MARCH
Construction Industry loses another 51,000 jobs in March.
Washington DC - A third-straight sharp drop in U.S. payr [more] |
04.03.08
CONCERNS ABOUT JOBS, UNEMPLOYMENT & CONFIDENCE MOUNT
Jobless Claims Surge in Latest Week Raising Concerns about Future Unemployment and Consumer Confidence
Washington [more] |
04.02.08
STEEL FRAMING PROVIDERS ANNOUNCE MORE PRICE INCREASES
Major Steel Framing Providers Announce More Price Increases in April with Escalating Steel Prices Expected Through June [more] |
04.01.08
CONSTRUCTION SPENDING FALLS IN FEB - 5TH MO OF DECLINE
Total construction spending decreased by 0.3% to a seasonally adjusted annual rate of $1.122 trillion, the Commerce Depa [more] |
04.01.08
DALLAS, TEXAS BASED BAV JOINS THE DRAKE GROUP
Mission Viejo, CA - BAV, Inc. based in Dallas, Texas became a new member/owner of The Drake Group LLC effective April 1, [more] |
04.01.08
TEXAS BUILDING SUPPLY JOINS THE DRAKE GROUP
Mission Viejo, CA - Texas Building Supply based in Denton, Texas became a new member/owner of The Drake Group LLC effect [more] |
03.30.08
SSMA DELAYS THIRD PARTY INSPECTION FOR DRYWALL FRAMING
Mission Viejo, CA - While the Steel Framing Manufacturing Association (SSMA) announced that they unamimously voted on Ma [more] |
03.29.08
SSMA TO START STRUCTURAL STEEL INSPECTIONS JAN 2009
Las Vegas, NV -- The membership of the Steel Stud Manufacturers Association voted unanimously today to instruct its Boar [more] |
03.28.08
KB HOME POSTS $268M LOSS WITH ORDERS DOWN 75%
KB Home Posts $268 Million Loss, Deliveries Down 43%, Orders Down 75% and Sees No Near-Term Improvement
KB Home sw [more] |
03.27.08
LENNAR REPORTS LOSS, ORDERS DOWN 57% & 26% CANCELATIONS
Lennar Swings to Loss On Write-Offs, Revenue Drop
Lennar Corp. swung to a fiscal first-quarter loss as valuation a [more] |
03.26.08
NATIONAL GYPSUM RELEASES HIGH PERFORMANCE SHEATHING
PROTECTION FROM THE ELEMENTS NOW COMES in Purple
National Gypsum Introduces Gold Bond® Brand e2XP™ Extended Exposu [more] |
03.26.08
NEW HOME SALES DOWN 1.3% TO 13 YEAR LOW
New-home sales fall to 13-year low with February's supply of new homes on the market stuck at 27-year high
Washing [more] |
03.26.08
SAINT-GOBAIN FORMS NEW STRATEGY COMMITTEE WITH WENDEL
Paris, France - A truce has broken out. The French building materials and glass conglomerate Saint-Gobain (note: Certain [more] |
03.25.08
CERTAINTEED INSULATION WINS VENDOR OF YEAR AWARD
CertainTeed Insulation Wins its First-Ever Drake Vendor of the Year Award
Valley Forge, PA – The Drake Group LLC, [more] |
03.25.08
HOME PRICES, CONFIDENCE & EXPECTATIONS ALL DROP
Home Prices' Steep Drop Continues, Consumer Confidence Fell in March, and Future Expectations sink to 35 year low.
[more] |
03.24.08
CERTAINTEED RELEASES MOISTURE & MOLD RESISTANT PANELS
CertainTeed Introduces New ProRoc(R) Moisture and Mold Resistant Gypsum Board with M2Tech Technology for Interior Walls [more] |
03.22.08
NEW SUPPLY ADDS TO TROUBLE IN CONDO MARKET
Woes in Condo Market Build As New Supply Floods Cities
The condominium market is about to get worse as many cities [more] |
03.21.08
QUIET SOLUTION FLOOR/CEILING GET UL RATINGS
QuietRock and QuietWood Sound-damped Floor/Ceiling Assembly Earns UL rating
Sunnyvale, CA - Quiet Solution (Serio [more] |
03.21.08
SUBS AND DEALERS FACE RISK OF HOME BLDR BANKRUPTCY
Mortgage Mess Hits Home For Nation's Home Builders
Delinquencies Rise,Hitting Local Banks; More Builders Facing Risk of [more] |
03.20.08
BUILDER CANCELATIONS NOW TOP 43%
For Home Builders, Cancellations Create Expensive Problem
New York, NY -Home builders just can't seem to shrink th [more] |
03.20.08
DETRICH'S FRAMING RESULTS IMPROVE TO -1.9% EBIT/SALES
Mission Viejo, CA - Within Worthington Industries latest results announcement Dietrich Metal Framing reported a $7.562 m [more] |
03.20.08
LEADING INDICATORS DECLINE AGAIN IN FEBRUARY
Leading Indicators Decline 0.3% in February (5th consecutive monthly decline), Lower Interest Rates Not Enough to Offset [more] |
03.20.08
WENDEL TO GET 3 SEATS ON ST-GOBAIN BOARD
Large and Increasing Shareholder of Saint-Gobain, Wendel, To Get Three Seats on Board of Directors. Saint Gobain is Par [more] |
03.18.08
CERTAINTEED EXTENDS WARRANTY FOR GLASROC(R) SHEATHING
CertainTeed Extends Long-Term Weather Exposure Warranty for GlasRoc(R) Embedded Glass Reinforced Gypsum Sheathing
[more] |
03.18.08
SINGLE FAMILY STARTS HIT 17 YR LOW & PERMITS SINK 7.8%
Washington DC - With no end in sight to the housing bust, new construction on single-family homes dropped by 6.7% in Feb [more] |
03.17.08
BUILDER SENTIMENT REMAINS VERY LOW BUT UNCHANGED IN MAR
Builder Confidence Unchanged in March
Builder confidence in the market for new single-family homes has remained un [more] |
03.15.08
LARGE VEGAS COMMERCIAL PROJECT GOES INTO FORECLOSURE
Continued Credit Crunch Drives Start of Foreclosure on Las Vegas Casino
Las Vegas, NV - The developer of the Cosmo [more] |
03.15.08
TOLL AND KB HOME VEGAS PROJECTS IN DEFALT
Two Las Vegas Projects in Default Dog Big Home Builders Toll Brothers and KB Home
Las Vegas, NV - Two massive hous [more] |
03.14.08
FED INVOKES DEPRESSION-ERA LAW FOR BEAR LOAN
Washington DC - Four Federal Reserve governors voted unanimously to approve a 28-day secured Fed loan facility to Bear S [more] |
03.13.08
ECONOMISTS NOW FORECASTING 1.11M HOUSING STARTS IN 09
Mission Viejo, CA - In one of the latest summaries of future housing starts the March economists survey estimates that h [more] |
03.10.08
FINALLY - A HIGH QUALITY TAPING TOOL RENTAL ALTERNATIVE
Finally - A comprehensive, high quality, alternative to Ames for RENTAL of Automatic Taping Tools. Goldblatt Tool Compa [more] |
03.07.08
A 2ND 10% WALLBOARD PRICE INCREASE ANNOUNCED FOR APRIL
Mission Viejo, CA - Following the most recent February 2008 price increase efforts, major wallboard manufacturer(s) have [more] |
03.07.08
UNEMPLOYMENT DROPS TO 4.8% - BUT LOSS OF JOBS CONTINUES
Economy loses over 100,000 non-farm and non-government jobs in February following bigger than previously reported declin [more] |
03.06.08
HOME FORECLOSURES HIT RECORD HIGH IN 4TH QTR '07
Home Foreclosure Hit Record High in 4th Quarter of 2007 Which Will Add to the Over 10 Month Supply of Homes on the Marke [more] |
03.04.08
COMMERCIAL SLOWS WITH SOME EXPECTING 15%-26% DECLINE
Washington DC - Cracks are starting to show in commercial construction.
For the second month in a row, the Commerc [more] |
03.04.08
CRH'S ALLIED REPORTS LOWER 5.3% EBIT/SALES IN 2007
Mission Viejo, CA - Within CRH's full year results announcement it was reported that America's Distribution (i.e. primar [more] |
03.03.08
CONSTRUCTION SPENDING DECLINES AGAIN - DOWN 1.7% IN JAN
Washington DC - The Commerce Department reported construction spending decreased by 1.7% at a seasonally adjusted annual [more] |
03.01.08
CARAUSTAR POSTS ANOTHER LOSS IN PAPER
Caraustar Industries Reports 4th Quarter and Full Year Loss Which Includes Wallboard Paper Segment.
New York, NY [more] |
02.29.08
ARMSTRONG CEILINGS REPORTS 14.5% EBIT/SALES
Mission Viejo, CA - Armstrong Ceilings (i.e. Building Products) adjusted profit increased 22% over prior year with $46.6 [more] |
02.29.08
NO DEAL: ARMSTRONG OFF THE MARKET FOR NOW
Lancaster, PA - No deal: Armstrong not for sale. Company off the market after year of uncertainty, speculation. Will pay [more] |
02.29.08
OWENS CORNING REPORTS 12.1% EBIT/SALES IN Q4
Mission Viejo, CA - Owens Corning recently reported $55 million operating profit on $454 million income in thier core In [more] |
02.28.08
JAMES HARDIE REPORTS 16.8% EBIT/SALES IN DIFFICULT MKT
James Hardie today announced a US$34.1 million net operating profit, excluding asbestos and impairment of the Blandon, P [more] |
02.28.08
RECENT FORECLOSURES RUNNING 72% HIGHER THAN PRIOR YEAR
Mission Viejo, CA - In January 2008 there were 233,001 foreclosures filed which is 57% higher than last year. January's [more] |
02.27.08
NEW HOME SALES DIP TO 13 YEAR LOW
New home sales across the country have dipped to their lowest levels in nearly 13 years.
A new U.S. Census Bureau [more] |
02.27.08
TOLL BROTHERS POSTS $96M LOSS W/WRITE DOWNS
Toll Brothers Inc. Wednesday said it swung to a loss in its fiscal first quarter amid further write-downs fueled by the [more] |
02.26.08
CONSUMER CONFIDENCE PLUNGES 14% TO 14 YEAR LOW
Job Worries Sink Consumer Confidence
New York, NY - Consumer confidence plunged in February as Americans worried [more] |
02.26.08
HOME DEPOT AND LOWES EARNINGS DOWN 27% AND 33%
Atlanta, GA - Home Depot Inc.'s fiscal fourth-quarter net income fell 27% as same-store sales slumped and the company fo [more] |
02.26.08
OBAMA TALKS ABOUT JOBS AT NATIONAL GYPSUM OH PLANT
Lorain, OH — Lorain County has been hit hard by America’s economic downturn and Barack Obama knows it.
The preside [more] |
02.25.08
HOUSING STARTS AROUND 1 MILLION REMAIN FLAT
Housing Starts Remain Virtually Flat in January. Permits down 3% to 16 year low.
Washington DC - Total housing st [more] |
02.23.08
NATIONAL GYPSUM & CERTAINTEED INSULATION WIN '07 HONORS
NATIONAL GYPSUM COMPANY & CERTAINTEED INSULATION WIN DRAKE GROUP 2007 CORE VENDOR OF THE YEAR HONORS
Mission Viej [more] |
02.23.08
TOOLS FOR TRADES & GRABBER WIN 2007 HONORS
TOOLS FOR TRADES & GRABBER CONSTRUCTION PRODUCTS WIN DRAKE GROUP SUPPORTING VENDORS HONORS FOR 2007
Mission Viejo, [more] |
02.20.08
KOCH, GP AND TEMPLE-INLAND IN THE NEWS
Temple-Inland frontrunner in bid for Weyerhaeuser’s containerboard business, but Georgia-Pacific could have Temple-Inlan [more] |
02.19.08
NATIONAL GYPSUM ENTERS CEMENT BOARD JV IN MEXICO
Charlotte, NC - National Gypsum Company, headquartered in Charlotte, NC, announced today it has entered a joint venture [more] |
02.15.08
STEEL COSTS CONTINUE TO RISE
Steel Prices Continue to Rise as Raw-Material Costs Keep Going Up
Hit by higher costs and strong demand world-wide [more] |
02.14.08
DISTRIBUTOR BLUELINX LOSES $34M ON $779M SALES Q4
BlueLinx Holdings Q4 Net Loss Widens; Names Doug Goforth To Succeed Lynn Wentworth As CFO
Atlanta, GA - BlueLinx H [more] |
02.14.08
LAFARGE GYPSUM REPORTS NEGATIVE 30% EBIT/SALES Q4
Mission Viejo, CA - Within today's full year 2007 results announcement Lafarge (Paris) announced that their North Americ [more] |
02.14.08
MORE INDICATIONS OF SLOWING COMMERCIAL SEGMENT
Commercial Building Boom Softens, Spending Ebbs as Troubles On Residential Side Spread
For the past several years, [more] |
02.13.08
PULTE CHAIRMAN FILES TO SELL SOME COMPANY STOCK
Bloomfield Hills, MI - Pulte Homes Inc. said late Monday Chairman William J. Pulte has filed with the Securities and Exc [more] |
02.12.08
THINGS REMAIN QUIET ON POTENTIAL SALE OF ARMSTRONG
Armstrong still for sale, Deal is harder after 1 year. Lancaster New Era, By Tim Mekeel
Lancaster, PA - One year a [more] |
02.08.08
QUIET SOLUTION SHIPS ONE MILLIONTH QUIETROCK PANEL
Quiet Solution Ships 1,000,000th QuietRock Panel to Joie de Vivre Hotels; Continues Leadership Position in High Performa [more] |
02.07.08
D.R.HORTON LOSES $129 MILLION, BACKLOG DOWN 52%
Homebuilder D.R. Horton Inc. swung to a fiscal first-quarter loss amid a further $245.5 million in inventory and land ch [more] |
02.07.08
MDC REPORTS $281M LOSS IN LATEST QUARTER
MDC Holdings took a big hit in the fourth quarter, with a much higher loss and EPS, and lower revenue than in the year-a [more] |
02.06.08
IMPROVED STEEL FRAMING PRICING POLICIES POSSIBLE
Mission Viejo, CA - In addition to higher Steel Framing Costs and Focus on Industry Compliance (i.e. all material meetin [more] |
02.06.08
TEMPLE GYPSUM REPORTS 26% LOWER VOLUMES FOR 2007
Mission Viejo, CA - Within Temple Inland's fourth quarter and full years results announcement it was reported that Temep [more] |
02.06.08
TOLL COMMENTS ON SALES, CANCELATIONS, WRITE DOWNS, ETC.
Toll Has Seventh Straight Drop in Quarterly Revenue
Toll Brothers Inc., the largest U.S. luxury homebuilder, repor [more] |
02.03.08
INVESTMENT FIRM INTERESTED IN CHAPTER 11 TREND HOMES
Investment Group To Buy Trend Homes - Sale of Arizona builder is contingent on bankruptcy court approving Chapter 11 reo [more] |
02.01.08
STEEL FRAMING UP ADDITIONAL 15% IN MARCH
Steel Framing Costs Could Rise Another 15% As Early As March '08.
Mission Viejo, CA - With domestic steel mills a [more] |
02.01.08
UNEMPLOYMENT DROPS TO 4.9% BUT #JOBS DROPS BY 17,000
Payrolls Unexpectedly Decline, Increasing Odds of Recession; Construction jobs down by 27,000 (construction has lost ap [more] |
01.31.08
FED AGGRESSIVELY CUTS INTEREST RATES ANOTHER 1/2%
Fed Moves to Curb Risk of Recession Central Bank Lowers
Target Rate by Half Point, Open to Further Cuts
Seeking [more] |
01.31.08
JOBS & CONSUMER CONFIDENCE KEYS TO '08 RECESSION RISK
With the U.S. economy technically very close to recession, today's report of higher unemployement claims should be a maj [more] |
01.30.08
CALIFORNIA SUES DRYWALL CONTRACTOR RE OVERTIME PAY
Calfornia Sues Drywaller For Denying Employee Overtime Pay, Breaks
California Attorney General Edmund G. Brown Jr [more] |
01.30.08
CENTEX HOMES LOSS WIDENS TO $975M ON MORE WRITE DOWNS
Dallas, TX - Home builder Centex Corp. posted a fiscal third-quarter loss that was more than four times wider than a yea [more] |
01.30.08
EAGLE REPORTS $12 MILLION GYPSUM PROFIT IN TOUGH MARKET
Mission Viejo, CA - Eagle's (American Gypsum wallboard plus paperboard) positive $11.974 operating profit during the dif [more] |
01.30.08
HOME BLDR NVR DOWN 50% BUT STILL REPORTS A PROFIT
NVR 4Q Profit Falls by Half
Reston, VA - Homebuilder and mortgage banker NVR Inc. said Tuesday fourth-quarter earn [more] |
01.30.08
PULTE HOMES LOSS WIDENS TO $875M ON MORE WRITE OFFS
UPDATE: Pulte Homes 4Q Loss Widens to $874.7 Million On Land Charges
Pulte Homes Inc.'s (PHM) fourth-quarter net l [more] |
01.29.08
ANOTHER HOME BUILDER FILES FOR BANKRUPTCY
Homebuilder Tousa Files For Chapter 11 Protection
Homebuilder Tousa Inc., hit hard by a sharp downturn in the U.S. [more] |
01.29.08
CONSUMER CONFIDENCE & EXPECTATIONS SLIDE IN JANUARY
Consumer confidence falls in January Index tumbles after posting a modest gain in December. Short-term outlook turns ble [more] |
01.29.08
SOME HOME PRICES DOWN 10% OR MORE VS LAST YR ALREADY
Home Prices Decline at Record Rates with Some Markets like Miami, Las Vegas, San Diego and Detroit Down 10% or More Alre [more] |
01.29.08
US GYPSUM $74M 4TH QTR LOSS HIGHLIGHTS COST/PRICE ISSUE
Mission Viejo, CA - The continued decline in new residential demand and wallboard prices when combined with higher costs [more] |
01.29.08
USG INTERIORS PERFORMANCE IMPROVES TO 15% EBIT/SALES
Mission Viejo, CA - With a 24% increase in Ceiling sales from their L&W Supply Distribution Subsidiary, USG's USG Interi [more] |
01.29.08
USG'S L&W DELIVERS SOLID 4.4% EBIT/SALES PERF IN Q4
Mission Viejo, CA - Following third quarter '07 EBIT/Sales performance of 3.6%, USG's L&W Supply distribution subsidiary [more] |
01.28.08
NEW HOME SALES DOWN 40% IN 2007 FROM '05 PEAK
New home sales: Biggest drop ever
Weak December sales caps 2007's record slide, with prices for the month off sharply f [more] |
01.25.08
FIXED RATE MORTGAGES PLUMMET TO FOUR YEAR LOW
Lower Home Prices Combined with the Lowest Fixed Rate Mortgages in the last Four Years May be Bringing Home Buyers Back [more] |
01.24.08
LENNAR LOSS WIDENS TO $1.25 BILLION IN Q4 ON LAND LOSS
Lennar's Loss Widens to $1.25 Billion in the September-November 2007 Quarter on Land Sales. New Home Orders Fall 51%.
[more] |
01.24.08
ST-GOBAIN '07 GYPSUM EBIT/SALES 13.9% & LOWER PROFIT
Mission Viejo, CA - Within today's press release Saint-Gobain (CertainTeed Gypsum and CertainTeed Insulation in the U.S. [more] |
01.23.08
MERRILL LYNCH FORECASTING 25% HOME PRICE DECLINES
Housing prices to free fall in 2008 According to a Merrill Lynch report, home prices will drop 15 percent this year, 10% [more] |
01.22.08
FEDERAL RES MAKES DRAMATIC 3/4% DROP IN FED FUNDS RATE
Fed Cuts Key Interest Rate As Recession Fears Well Up
Washington DC - The Federal Reserve, confronted with a globa [more] |
01.17.08
CREDIT CRUNCH NOW HITTING COMMERCIAL SEGMENT TOO
Las Vegas Default Highlights Commercial-Property Crunch
The credit crunch that roared through the residential real [more] |
01.17.08
HOUSING STARTS PLUNGE 14% TO 16 YEAR LOW IN DEC '07`
Housing Starts Plunge 14%, Marking Lowest Level Since 1991
Washington DC - Home construction plunged in December, [more] |
01.17.08
KNAUF BUYS ADDITIONAL 289,900 SHARES OF USG JAN 15-16
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 289,900 shares of USG on January 15th and J [more] |
01.16.08
HACKER RELEASES NEW UNDERLAYMENT FOR STEEL FRAMED CONST
HACKER INDUSTRIES, INC. RELEASES A NEW POURED FLOOR UNDERLAYMENT FOR LIGHT-GAUGE STEEL FRAME CONSTRUCTION
Newport [more] |
01.15.08
JUST WHEN HOUSING MAY BOTTOM - RECESSION RISK LOOMS
Greenspan Sees U.S. as Likely In Recession, or Soon to Be
The U.S. is probably in or about to enter a recession, f [more] |
01.14.08
KNAUF BUYS ADDITIONAL 109,430 SHARES OF USG
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 109,430 shares of USG on January 10th and J [more] |
01.09.08
KNAUF INCREASING USG SHARE PURCHASES AS PRICE DECLINES
Mission Viejo, CA - With numerous purchases over the last couple of months in the $35-$36 per share range, recent SEC do [more] |
01.09.08
STEEL FRAMING COSTS EXPECTED TO RISE FIRST HALF OF '08
Mission Viejo, CA - Due to 1) Rising cost from steel mills 2) some lost production and 3) lack of and/or underperforming [more] |
01.08.08
KB HOMES HEMORHAGES $773 MILLION LOSS IN 4TH QUARTER
KB Home, which has been battered by the weak housing market, posted a wide quarterly loss as sales sank and the company [more] |
01.08.08
TOLL BRO DIRECTOR SELLS SHARES NEAR YEAR LOW
Washington DC - Reuters) - A director at luxury home building Toll Brothers Inc (TOL.N: Quote, Profile, Research) recent [more] |
01.07.08
KNAUF BUYS ADDITIONAL 254,800 SHARES OF USG
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 254,800 shares of USG on January 3rd and Ja [more] |
01.07.08
NEGWER MATERIALS COMPLETES ACQUISITION IN ARKANSAS
Mission Viejo, CA - Negwer Materials, based out of St. Louis, MO recently completed the strategic acquisition of ASCO Do [more] |
01.07.08
OFFICE VACANCY RATE RISES FOR FIRST TIME IN 4 YEARS
For the first time in four years, the national vacancy rate for office buildings rose in the fourth quarter, as an unusu [more] |
01.04.08
UNEMPLOYMENT RISES TO 5.0% - CONST DOWN 49,000 JOBS
Washington DC - U.S. employment posted its smallest increase in over four years last month as the housing downturn conti [more] |
01.04.08
WESTSIDE COMPLETES ACQUISITION OF EXPO BLDG MATERIALS
Anaheim, CA - Westside Building Materials Corp., headquartered in Anaheim, CA is pleased to announce that it has complet [more] |
01.03.08
KNAUF BUYS ADDITIONAL $10.875 MILLION OF USG STOCK
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 301,600 shares of USG between December 31st [more] |
01.03.08
LENNAR EXECUTIVE SELLS SHARES NEAR 52 WEEK LOW
A vice president of Lennar Corp. sold 30,000 shares of common stock Thursday, a Securities and Exchange Commission Form [more] |
01.03.08
RESIDENTIAL SPENDING DOWN 17.5% VS. PRIOR YEAR NOVEMBER
A key measure of U.S. manufacturing contracted sharply in December, in a sign that recent strength in export-related bus [more] |
01.03.08
STUDY SUGGESTS HOME PRICES MAY FALL ADDITIONAL 15%
Home Prices Must Fall Far To Be In Sync With Rents
U.S. house prices "likely would have to fall considerably" to r [more] |
01.02.08
NAHB CAUTIOUSLY PREDICTS HOUSING BOTTOM BY MID 2008
The National Association of Homebuilders (NAHB) is forecasting that the housing market could reach bottom by the second [more] |
01.01.08
BADGERLAND SUPPLY JOINS THE DRAKE GROUP
Mission Viejo, CA - Badgerland Supply, Inc based in Madison, Wisconsin became a new member/owner of The Drake Group LLC [more] |
01.01.08
DRYWALL SUPPLY JOINS THE DRAKE GROUP
Mission Viejo, CA - Drywall Supply, Inc based in Lincoln, Nebraska became the newest member/owner of The Drake Group LLC [more] |
01.01.08
VIRGINIA BUILDERS SUPPLY JOINS THE DRAKE GROUP
Mission Viejo, CA - Virginia Builders Supply, Inc based in Richmond, Virginia became a new member/owner of The Drake Gro [more] |
12.29.07
KNAUF CONTINUES HOLIDAY PURCHASE SPREE OF USG STOCK
KNAUF CONTINUES PURCHASING USG SHARES THROUGH THE HOLIDAYS: Knauf Buys Additional 165,300 Shares of USG For Approximatel [more] |
12.28.07
ADDITIIONAL BANKRUPTCIES EXPECTED IN 2008
Bankruptcies Likely To Rise Again In 2008 - Continued troubles in residential segment expected to create more cash flow [more] |
12.28.07
NEW HOMES SALES TUMBLED 9% IN NOVEMBER TO 12 YR LOW
New-Home Sales Tumbled 9% Amid Falling Prices in November
Washington DC - New-home sales retreated during November [more] |
12.26.07
KNAUF CONTINUES PURCHASING OF USG SHARES
Knauf Buys Additional 278,200 Shares of USG For Approximately $9.898 Million
Mission Viejo, CA - Recent SEC docume [more] |
12.21.07
KNAUF PURCHASES YET MORE, 239,300 SHARES, OF USG
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 239,200 shares of USG on December 18th and [more] |
12.20.07
DIETRICH $16M LOSS MAY REFLECT METAL FRAMING LOW POINT
Mission Viejo, CA - With the most recent $16 million quarter loss, as part of a $46 million loss over the past year, Wor [more] |
12.18.07
HOUSING STARTS DROP WITH PERMITS HITTING 14 YEAR LOW
Washington DC - Housing starts fell in the U.S. and building permits slid to a 14-year low in November, providing no evi [more] |
12.18.07
KNAUF BUYS ANOTHER 268,200 SHARES OF USG CORPORATION
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 268,200 shares of USG between December 14th [more] |
12.17.07
BUILDER SENTIMENT REMAINS STEADY AT LOWEST LEVEL EVER
Washington DC - A gauge of the sentiment of U.S. builders held steady another month as they remain worried about mortgag [more] |
12.14.07
ENERGY COSTS BEHIND HIGHER 4.3% INFLATION PACE
Inflation Accelerated Last Month On Higher Prices for Energy
Washington DC - U.S. consumer prices surged in Novemb [more] |
12.14.07
KNAUF BUYS ADDITIONAL 192,500 SHARES OF USG
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased another 192,500 shares of USG on December 12th and [more] |
12.11.07
ARMSTRONG STRATEGIC ALTERNATIVES STILL UNCERTAIN
Armstrong World Industries strategic review may be leaning towards asset sale to finance buyback
Armstrong World I [more] |
12.07.07
HOME FORECLOSURES SURGE TO AN ALL TIME HIGH
The number of homes starting foreclosure jumped in the third quarter to the highest level since the Mortgage Bankers Ass [more] |
12.07.07
UNEMPLOYMENT STEADY AT 4.7% - CONSTRUCTION LOSES 24M
Total Unemployment remains at 4.7% while the Construction Industry Loses 24,000 jobs in November.
Washington DC - [more] |
12.06.07
GOVERNMENT UNVEILS PLAN TO HELP HOMEOWNERS
Bush and Paulson Unveil Plan To Aid Struggling Homeowners
Washington DC - President Bush rolled out multiple measu [more] |
12.06.07
TOLL BRO BACKLOG DOWN 36% WITH 39% CANCELLATION RATE
Toll Brothers Swings to Loss On Land Value Write-Downs
Toll Brothers Inc. Thursday said it swung to a loss in its [more] |
11.30.07
FIDELITY'S PRO-BUILD TO PURCHASE HOME DEPOT SUPPLY UNIT
Pro-Build agrees to purchase HD Supply Lumber Yard and Building Materials unit
Pro-Build Holdings has agreed to p [more] |
11.29.07
GDP GROWS 4.9% Q3- NEW HOME SALES DOWN 24% LAST YEAR
New-Home Sales Post Modest Gain Because Prior Months Revised Down
Economy Grew 4.9% in 3rd Quarter
Washingto [more] |
11.28.07
KNAUF BUYS ADDITIONAL 45,800 SHARES OF USG CORPORATION
Mission Viejo, CA - Recent SEC documents reveal that Knauf purchased an additional 45,800 shares of USG on November 27th [more] |
11.28.07
WENDEL INCREASED SAINT-GOBAIN STAKE TO 17.8%
Paris, France - French holding company Wendel (MF.FR) confirmed a press report Wednesday that it has increased its stake [more] |
11.27.07
HOME PRICES DROP 4.5% & CONSUMER CONFIDENCE DOWN 8.3%
Home Prices Post Record Drop & Consumer Confidence Also Retreats
New York, NY - U.S. home prices fell 4.5% in the [more] |
11.27.07
KNAUF BUYS ADDITIONAL $5.5M OF USG STOCK
Mission Viejo, CA - Another day, relatively soft stock market, near record low U.S. dollar, and Knauf buys more USG shar [more] |
11.26.07
MORTGAGE PROBLEMS TO ADD MORE HOMES ON MARKET IN 2008
Washington DC - The subprime mortgage crisis is poised to get much worse.
Next year, interest rates are set to ris [more] |
11.21.07
KNAUF BUYS YET MORE USG SHARES
Mission Viejo, CA - Another day, relatively soft stock market, near record low U.S. dollar, and Knauf buys more USG shar [more] |
11.21.07
NEW HOME CONSTRUCTION UP 3%, PERMITS DOWN 6.6% IN OCT
Home Building Rises Slightly,But Weakness Lingers
The sluggish pace of home building in October offered little sol [more] |
11.20.07
KNAUF CONTINUES TO BUY USG STOCK
Mission Viejo, CA - In recently released SEC documents it was reported that Knauf (Gerbr. Knauf Verwaltungsgesellschaft [more] |
11.19.07
JAMES HARDIE REPORTS 19.1% EBIT/SALES IN LATEST QUARTER
Mission Viejo, CA - Despite the dramatic decline in residential construction in the United States James Hardie reported [more] |
11.16.07
ISSUES SURROUNDING ST GOBAIN, LAFARGE, RUMORS
Full Saint-Gobain, Lafarge may not be made for each other (Gypsum is only business in common)
PARIS (Reuters) - Po [more] |
11.14.07
ANOTHER BLDR FILES FOR BANKRUPTCY - LEVITT IN FLORIDA
Levitt and Sons Files for Chapter 11 Bankruptcy Protection in Florida. Newmann Homes in Chicago filed for Bankruptcy se [more] |
11.09.07
LAFARGE GYPSUM REPORTS NEGATIVE 21.8% EBIT/SALES IN Q3
Mission Viejo, CA - While there has been significantly less publicly avaiable information on Lafarge's North American Gy [more] |
11.08.07
BEAZER HOMES SUSPENDS DIVIDEND & CUTS JOBS
Beazer Homes Suspends Dividend, Cuts Jobs and Under Investigation.
Boston, MA - Beazer Homes USA Inc., the home bu [more] |
11.08.07
FED CHIEF BERNANKE SAYS HOUSING SLUMP INTENSIFYING
Washington DC - Federal Reserve Chairman Ben Bernanke said that while the most recent data suggest a "resilient" economy [more] |
11.08.07
TOLL BROTHERS NET CONTRACTS DECLINE BY 48%
Philadelphia, PA - Toll Brothers Inc., the nation's largest builder of luxury homes, on Thursday said home building reve [more] |
11.07.07
ARMSTRONG REPORTS GROWTH AND STRONG 18.6% EBIT/SALES
Mission Viejo, CA - Within Armstrong World Industries latest results announcement, Building Products (i.e. Ceilings) rep [more] |
11.06.07
HOVNANIAN HOMES DELIVERS 19% FEWER HOMES
Hovnanian Enterprises Reports Preliminary Net Contracts and Deliveries for the Fourth Quarter of Fiscal 2007
Red [more] |
11.02.07
OC EBIT/SALES DECLINES TO 9% DURING 3RD QTR
Mission Viejo, CA - Within Owens Corning (NYSE: OC) latest results announcement it was reported that their Insulating Sy [more] |
11.02.07
S&P LOWERS LENNAR DEBT TO JUNK BOND STATUS
Standard & Poor's Ratings Services on Friday cut its corporate credit and senior unsecured debt ratings for national hom [more] |
11.01.07
FIRST NEW ECO-ROCK PLANT & TECHOLOGY BEING BUILT IN 08
Serious Materials Receives $50 Million in Funding to Build New Panel Plant in Stockton, California to Compete against Gy [more] |
10.31.07
CONSTRUCTION SPENDING RISES 0.3% - COMMERCIAL STRONG
U.S. construction spending rises 0.3%. September gains in commercial, public projects offset housing
Washington DC [more] |
10.31.07
CONSUMER CONFIDENCE DROPS 3.9% IN OCTOBER
New York, NY — With Christmas only about eight weeks away, shoppers are feeling more forlorn about the economy than they [more] |
10.30.07
NAHB EXPECTS HOUSING TO BOTTOM AND START RECOVERY IN 08
Washington DC -Though there appears to be no let-up to the current housing downswing, economists participating in the NA [more] |
10.29.07
USG SHUTTING DOWN NEW ORLEANS WALLBOARD PLT IN DEC
Unites States Gypsum plant in New Orleans cutting jobs and shutting down wallboard production.
Associated Press - [more] |
10.28.07
KNAUF INVESTS ADDITIONAL $5.9M IN USG CORPORATION
Mission Viejo, CA - As reported in SEC documents, over the past couple of weeks Knauf (Nikolaus Knauf) has purchased an [more] |
10.26.07
VACANT & FOR SALE HOMES AT FOUR-DECADE HIGH
Overbuilding, Rising Foreclosures Keep Homeowner Vacancy High
Washington DC - The percentage of U.S. homes that ar [more] |
10.25.07
BUILDSITE FORMS STRATEGIC PARTNERSHIP WITH DRAKE GROUP
BuildSite Forms Strategic Partnership with the Drake Group
Business Wire - The Drake Group, an association of 77 [more] |
10.25.07
KNAUF INTRODUCES HIGH PERFORMANCE JET STREAM 73.3
Knauf Introduces New High Performance Blowing Insulation - Jet Stream 73.3
Shelbyville, IN - Knauf Insulation [more] |
10.25.07
NEW HOME SALES UP 4.8% IN AUG - YTD DOWN 23.3%
New-Home Sales Rose Last Month,But August Drop Revised Lower
Washington DC - September U.S. new home sales, lifted [more] |
10.23.07
US GYPSUM FALLS TO $14M LOSS FROM WALLBOARD PERFORMANCE
Mission Viejo, CA - Within USG Corporation's (NYSE: USG) latest results announcement United States Gypsum Company (U.S. [more] |
10.23.07
USG INTERIORS PERFORMANCE JUMPS TO 12.5% EBIT/SALES
Mission Viejo, CA - With a 53% increase in sales of ceiling products by USG's distribution subsidiary, L&W Supply (inclu [more] |
10.23.07
USG'S L&W SUPPLY PROFIT PLUNGES 51% TO 3.6% EBIT/SALES
Mission Viejo, CA - Following a very good operating performance in the second quarter USG's L&W Supply distribution subs [more] |
10.22.07
EAGLE/AMERICAN REPORTS LOWER 15.6% EBIT/SALES IN QIII
Mission Viejo, CA - Eagle's (American Gypsum wallboard plus paperboard) EBIT/Sales for the July-August '07 quarter decli [more] |
10.17.07
HOUSING STARTS DOWN 10% IN SEPT TO 1.2M LEVEL
U.S. Housing Starts Slide to Lowest Level Since 1993
Washington DC - Housing starts in the U.S. plunged more than [more] |
10.16.07
D.R. HORTON NEW HOME ORDERS DROP 39%
D.R. Horton Inc. posted a 39% drop in fiscal fourth-quarter net orders as the cancellation rate at the nation's largest [more] |
10.16.07
FED CHIEF SAYS HOUSING TO GET WORSE IN 08 - NOT BETTER
Bernanke Spots Relief in Markets, Fed Chief Says Rate Cuts
Worked to Ease Pressure.
New York, NY - Federal Reserv [more] |
10.16.07
HOME BUILDER CONFIDENCE HIT ALL TIME, 22 YEAR, LOW
Home Builders' Confidence. Hit All-Time Low in September
Washington DC - The confidence of U.S. home builders has [more] |
10.16.07
TREASUREY SEC EXPECTS MORE HOUSING START DECLINES
Treasury Secretary Paulson Says Housing Is Likely To Adversely Affect Economy & Endorses Standards for Mortgage Brokers, [more] |
10.15.07
CERTAINTEED TO BUILD NEW LAS VEGAS JOINT TREATMENT PLT
Mission Viejo, CA – CertainTeed Gypsum, a subsidiary of Saint-Gobain, the world’s largest producer of gypsum products, t [more] |
10.12.07
CENTEX WRITE OFF NEAR $1 BILLION ABOUT 13% OF EQUITY
Centex to Take Nearly $1 Billion In Charges, Hurt by Housing Market
Centex Corp. said it plans to take nearly $1 b [more] |
10.10.07
OWENS CORNING EARNS GOVERNMENT SAFETY RECOGNITION
Owens Corning Facilities Earn Government Recognition for Health and Safety Excellence
Toledo, OH - Owens Corning ( [more] |
10.09.07
ECONOMIST EXPECTS HOUSING TO HIT BOTTOM THIS WINTER
The U.S. subprime crisis is likely to get worse, dragging down U.S. economic growth, the chief economist of Standard & P [more] |
10.02.07
PENDING HOME SALES TUMBLE TO LOWEST LEVEL EVER
Washington DC - The battered housing sector took another blow Tuesday, with an industry group reporting that a gauge of [more] |
10.01.07
INTERIOR/EXTERIOR ADDS NEW TUSCALOOSA, AL FACILITY
Mission Viejo, CA - Leading specialty distributor Interior/Exterior headquartered out of New Orleans recently announced [more] |
09.28.07
DIETRICH REPORTS $8M LOSS IN LATEST QUARTER
Mission Viejo, CA - Within Worthington Industries, Inc. results announcement it was reported that Dietrich Metal Framing [more] |
09.27.07
KB HOMES REPORTS $478M LOSS - UNITS DOWN 28%
Los Angeles, CA - KB Home (NYSE:KBH), one of America’s largest homebuilders, today reported financial results for its th [more] |
09.27.07
NEW HOME SALES TUMBLE 8.3% TO 7 YEAR LOW
New-Home Sales Tumble 8.3% As Prices Decline More Than 7%
Washington DC - New-home sales resumed falling in August [more] |
09.27.07
ROBERTS NAMED DIETRICH PRESIDENT, MUIRHEAD VP SALES&MKT
Columbus, OH - Worthington Industries (NYSE: WOR) announced yesterday that John Roberts is being named president of Diet [more] |
09.26.07
DIETRICH TO CONSOLIDATE METAL FRAMING FACILITIES
Dietrich to Consolidate Five Metal Framing Facilities
Worthington Industries announced it will begin implementing [more] |
09.26.07
MANY STILL LOOKING FOR BOTTOM OF HOUSING MARKET
Housing Chill Grows Worse,Bites Consumers
The housing market is going into a deeper chill, and consumers are start [more] |
09.25.07
AWARENESS OF IMPROVED SOUND PERFORMANCE OPTIONS GROWS
New Survey Shows Soundproof Drywall Awareness Grows
QuietRock Leads All Others
Sunnyvale, CA – Quiet Solution, th [more] |
09.25.07
HOMES FOR SALE INVENTORY INCREASES TO 10 MONTHS
Washington DC - Demand for previously owned homes tumbled in August to the lowest level in five years as mortgage market [more] |
09.25.07
LENNAR LOSS OF $514M WITH MORE WRITE DOWNS AND JOB CUTS
Lennar Posts Net Loss, Cuts Jobs As Homebuilding Revenue Shrinks
Miami, FL - Lennar Corp. swung to fiscal third-qu [more] |
09.25.07
MAJOR STEEL FRAMING PRICE INCREASE EXPECTED IN OCTOBER
Mission Viejo, CA - Following industry leader, Dietrich Metal Framing, all other major steel framing manufacturers have [more] |
09.25.07
STEEL COSTS RISING - PREDICTIONS OF 10%+ PRICE INCREASE
Steel Costs Rising - Predictions of at least 10% price increases.
The world's steelmakers could face significantly [more] |
09.21.07
DIETRICH LEADING DOUBLE DIGIT STEEL INCREASE FOR OCT
Mission Viejo, CA - Dietrich Metal Framing earlier this week announced that they will implement a double digit price inc [more] |
09.19.07
CANADA'S FEDERAL GYPSUM IN BANKRUPTCY
Federal Gypsum Company under bankruptcy protection
Point Tupper, Canada - A troubled wallboard company here that [more] |
09.19.07
HOUSING STARTS DROP 2.6% TO 12 YEAR LOW IN AUGUST
U.S. August housing starts down 2.6 pct to 1.331 million rate, permits down 5.9% to 1.307 million annual rate.
Was [more] |
09.18.07
FEDERAL RESERVE CUTS RATES BY HALF POINT
The Federal Reserve cut short-term interest rates for the first time in four years to counter a freeze-up in financial m [more] |
09.18.07
NATIONAL GYPSUM MARKETING TO HISPANIC INFLUENCERS
National Gypsum Lands Innovative Hispanic Marketing Partnership…with a Red Grasshopper?
Charlotte, NC - National G [more] |
09.17.07
ALLIED EXPECTED TO PURCHASE RINKER GYP DIST IN FLORIDA
Irish building-materials group CRH PLC (parent Company of Allied) said Monday it is in talks to buy up to $4.5 billion o [more] |
09.14.07
ECONOMIST SEES HOUSING AT 1.0-1.4M UNITS THROUGH 2009
UCLA Anderson Forecast: Economy ''A Near Recession Experience,'' Outlook on Housing Starts Lowered Again
Los Ange [more] |
09.13.07
HOMES FOR SALE INCREASED 1.8% IN AUGUST
The number of homes for sale in 18 major metropolitan areas increased modestly in August.
Total listings of homes [more] |
09.12.07
PRICING STRATEGY FOR THE SALES PROFESSIONAL - TEXAS A&M
REGISTRATION TO CLOSE FRIDAY SEPTEMBER 28TH. CALL THE DRAKE GROUP OFFICE AT 949-582-8695 TO RESERVE A SPOT NOW.
M [more] |
09.12.07
SMALLER HOMES ADDS TO RESIDENTIAL DEMAND WOES
Size of New Homes Starts Shrinking As Builders Battle Housing Slump
The McMansion may be shrinking.
With the [more] |
09.09.07
NATIONAL GYPSUM IDLES CAPACITY AS NEW NC PLT GEARS UP
Mission Viejo, CA - As National Gypsum Company begins shipping wallboard from it new, modern, high speed facility in Mt. [more] |
09.08.07
STEEL PRICES POISED TO RISE FASTER
Steel prices around the world are likely to increase faster than predicted if China, as expected in October, moves to re [more] |
09.07.07
UNEMPLOYMENT STILL 4.6% BUT JOBS DECLINE IN AUGUST
Payrolls Fall for First Time Since 2003,Likely Pressuring Fed to Cut Rates. The construction industry lost 22,000 jobs [more] |
09.05.07
PENDING HOME SALES DECLINE 12%
Washington DC - Future home sales could tumble, according to a housing industry forecasting tool that delivers another s [more] |
09.04.07
CERTAINTEED GYPSUM NEW WEST VIRGINIA PLT GETTING READY
Moundsville, WV - One thing is for certain in Marshall County: there’s an industrial revolution taking place.
Amer [more] |
09.04.07
CONSTRUCTION SPENDING FALLS IN JULY DUE TO HOUSING
Construction Spending Declines As Housing Outlays Plunge
Washington DC -U.S. construction spending unexpectedly tu [more] |
08.28.07
BUILDERS REPORTING MORE LOST SALES FROM CREDIT CRUNCH
More tightening of mortgage credit for prospective home buyers just in the past month has further weakened housing marke [more] |
08.28.07
CONSUMER CONFIDENCE DROPS 6.2% TO 2 YEAR LOW IN AUG
Consumer Confidence Down In August: Subprime woes and stock market jitters make consumers less likely to buy big ticket [more] |
08.28.07
USG INTERIORS RED WING, MN PLANT EARNS SAFETY AWARD
Red Wing, MN - USG Interiors, Inc., a subsidiary of USG Corporation (NYSE: USG), announced today that its plant in Red W [more] |
08.27.07
HOME DEPOT SUPPLY PRICE CUT 18% TO $8.5 BILLION
Home Depot Hit As Credit Crunch Squeezes Deals
The global credit crunch has begun to put a squeeze on the buyout b [more] |
08.24.07
CERTAINTEED TO START MANUFACTURING CEILING GRID
CertainTeed Begins Production of Suspended Ceiling Grids in North America
CertainTeed further strengthens its susp [more] |
08.24.07
NEW HOME SALES INCREASE 2.8% IN JULY
U.S. New-Home Sales Unexpectedly Increase 2.8% to 870,000 Pace
Wahington DC - Sales of new homes in the U.S. unex [more] |
08.23.07
HOME DEPOT SUPPLY SALE MAY OR MAY NOT HAPPEN TODAY
Sale of Home Depot supply unit in doubt. Some recent news articles report possibility of 10%-15% drop in price.
H [more] |
08.22.07
TOLL EARNINGS DOWN 85% - WRITE OFFS & 24% CANCELS
Toll Brothers Posts 85% Drop in Net On Writedowns, Slower Construction
Toll Brothers Inc.'s fiscal third-quarter n [more] |
08.21.07
LOWE'S REPORTS 11.5% EBIT/SALES & TAKING MARKET SHARE
Lowe's Cos on Monday reported a higher-than-expected second-quarter profit as the home improvement retailer gained marke [more] |
08.16.07
HOUSING STARTS DROP 6.1% TO 10 YEAR LOW
Housing Starts Fall 6.1% to 10-Year Low Amid Slow Sales, Tightening Credit.
Washington DC - Home builders slowed g [more] |
08.16.07
LACK OF NEAR TERM PROFITABILITY SIGNALED FOR DIETRICH
COLUMBUS, Ohio (AP) - Metal processor Worthington Industries Inc. on Thursday said its profit will likely decline below [more] |
08.16.07
REMODELING INDEX DECLINES IN 2ND QTR 2007
Washington DC - Remodeling activity slowed slightly in the second quarter of 2007, according to the National Association [more] |
08.15.07
DISTRIBUTOR BLUELINX REPORT 0.8% EBIT/SALES IN 2ND QTR
BlueLinx Holdings, the Atlanta-based building distributor previously spun off from Georgia Pacific, reported $1.08 billi [more] |
08.15.07
HARDIE REPORTS HIGHER PROFIT AND 17.7% EBIT/SALES IN Q2
Mission Viejo, CA - Within James Hardie's latest results announcement they reported a 9.2% increase in EBIT (after $30.1 [more] |
08.15.07
HOME DEPOT SUPPLY CLOSING PUSHED BACK TO 8-23
Home Depot, Supply Buyers Agree to Delay Deal Closing
Home Depot Inc. said in that the intended buyers of the comp [more] |
08.14.07
HOME DEPOT REPORTS 11.5% EBIT/SALES & SUPPLY ISSUES
Mission Viejo, CA - Within The Home Depot's results announcement earlier today, it was reported that Home Depot had $2.5 [more] |
08.13.07
SOLID COMMERCIAL MKT OFFSETS SOME OF RESIDENTIAL ILLS
Commercial Building Bolsters Cities Retail, Office Projects
Cushion Residential Hit In Phoenix, Other Areas
Phoen [more] |
08.10.07
HOME DEPOT SUPPLY MAY SELL AT LOWER PRICE
Home Depot Supply May Sell at Lower Price - Similar situation may also exist regarding potential change of ownership at [more] |
08.08.07
ST LOUIS BASED P&A DRYWALL SUPPLY OPENS 2 NEW YARDS
Mission Viejo, CA - St. Louis based P&A Drywall Supply Inc. recently announced the opening of two additional locations:
[more] |
08.08.07
TOLL BRO REVENUE DOWN 21%, CONTRACTS DOWN 31%
Toll Brothers' Revenue Declines 21% As Contracts Fall 31% in Shaky Market. Cancellation rate 24%.
Luxury-home bui [more] |
08.07.07
LAFARGE GYPSUM REPORTS 2ND QTR & FIRST HALF RESULTS
Mission Viejo, CA - Within Lafarge's most recent results announcement they reported January - June 2007 sales of approx [more] |
08.07.07
TEMPLE SELLS TIMBERLAND AS PART OF 3 CO. SEPARATION
Temple Inland to sell timberland as part of its transformation into three stand-alone companies.
Austin, TX - Temp [more] |
08.06.07
MORTGAGE WOES CONTINUE TO NEGATIVELY EFFECT HOUSING
Housing Market May Weaken Even Further As Mortgage Industry Takes Cure
After a binge of lax lending in recent year [more] |
08.05.07
ENERGY COST & REGULATION DRIVE INCREASED INSULATION USE
San Jose, CA - Worldwide thermal insulation market is substantially large, multifaceted and encompasses a comprehensive [more] |
08.04.07
RESIDENTIAL BEACON WEYERHAEUSER EARNINGS DOWN 89%
Weyerhaeuser Earnings Drop 89% Amid Continuing Housing Slump
Weyerhaeuser Co.'s second-quarter results provide fur [more] |
08.04.07
THOSE WITH STRENGTH IN COMMERCIAL MAXIMIZING VALUE
Market Spotlight:Commercial Construction
New York, NY - Growth in commercial construction spending has been a boo [more] |
08.03.07
CARAUSTAR CLOSE TO BREAK-EVEN - LOWER WALLBOARD VOLUMES
Mission Viejo, CA - Within today's press release (results announcement) Caraustar Industries Inc. reported a $2.3 millio [more] |
08.03.07
UNEMPLOYEMENT RISES 0.1% TO 4.6% IN JULY-CONST DOWN 12M
Washington DC - U.S. employment growth slowed and the jobless rate ticked up last month as job losses in manufacturing, [more] |
08.01.07
AMERICAN HOME MTG PLUNGES ON BANKRUPTCY CONCERN
San Francisco, CA - American Home Mortgage Investment Corp., the 10th-largest mortgage lender in the U.S., teetered on t [more] |
08.01.07
CONSUMER CONFIDENCE CLIMBS TO SIX YEAR HIGH
The Conference Board Consumer Confidence Index, which had dipped in June, rebounded in July. The Index now stands at 112 [more] |
08.01.07
MASCO INSTALLATION REPORTS 8.9% EBIT/SALES IN Q2
Mission Viejo, CA - Within Masco Coroporation's April-June results announcement it was reported that their Insulation In [more] |
08.01.07
OWENS CORNING INSULATION EBIT/SALES DECLINES TO 9.5% Q2
Mission Viejo, CA - After reporting 20.3% EBIT/Sales in 4th qtr '06 and 12.6% EBIT/Sales in the 1st quarter of '07, Owen [more] |
08.01.07
U.S. FORECLOSURES RISE 58% IN FIRST HALF OF 2007
The number of U.S. homes facing foreclosure surged 58 percent in the first six months of the year, the latest sign of mo [more] |
07.30.07
ARMSTRONG EBIT/SALES IMPROVES TO 18.3% DURING 2ND QTR
Mission Viejo, CA - Reporting improved sales and profit Armstrong World Industries Building Products (i.e. Ceilings) bus [more] |
07.30.07
EAGLE'S 23.8% EBIT/SALES HIGHLIGHTS IMPROVING LOW COST
Mission Viejo, CA - Eagle's (American Gypsum wallboard plus paperboard) EBIT/Sales for the April-June '07 quarter declin [more] |
07.30.07
GYPSUM ASSOCIATION REPORTS WALLBOARD DEMAND DOWN 18%
Mission Viejo, CA - The Gypsum Association (see link on left side of www.GypsumToday.com) has recently reported that tot [more] |
07.26.07
BEAZER HOMES: $123M LOSS AND 36% FEWER CLOSINGS
Beazer Homes loss dips to $123 million, closings down 36%, new home orders down 30%.
Beazer Homes USA Inc., which [more] |
07.26.07
HOME BUILDERS BUILDING SMALLER HOMES TO MEET MKT NEEDS
KB and Other Home Builders Looking to Building Smaller Homes
At a time when the housing industry is in a major an [more] |
07.26.07
NEW HOMES SALES FALL ANOTHER 6.6% IN JUNE
New Home Sales Fell 6.6% in June As Inventories Rose, Prices Declined
Washington DC - New home sales took their fi [more] |
07.26.07
PULTE HOMES REPORTS 508M LOSS WITH LAND WRITE-DOWNS
Pulte posts 2nd-quarter loss as housing slump continues
Pulte Homes Inc., the third-largest U.S. home builder, rep [more] |
07.26.07
SAINT-GOBAIN REPORTS 6MO GYPSUM & INSULATION RESULTS
Mission Viejo, CA - Within Saint-Gobain's 6 month 2007 results announcement their Interior Solutions (insulation and gyp [more] |
07.25.07
CENTEX $128M LOSS WITH CLOSINGS DOWN 27% IN Q2
Centex Corp. on Tuesday added to the bad news about the nation's housing industry with reports of a $128 million loss fo [more] |
07.25.07
D.R. HORTON REPORTS $824M LOSS WITH MAJOR WRITE-DOWNS
Home Builder D.R. Horton Swings to Loss Amid Downturn
Homebuilder D.R. Horton, which earlier this month disclosed [more] |
07.25.07
L&W EBIT/SALES IMPROVES TO 6.8% IN 2ND QTR
Mission Viejo, CA - Within USG's latest July 24th results announcement it was reported that their L&W distribution subsi [more] |
07.25.07
US GYPSUM EBIT/SALES DOWN 50% TO 6.1% IN Q2
Mission Viejo, CA - Within USG Corporation (NYSE: USG) July 24th results announcement United States Gypsum Company (U.S. [more] |
07.25.07
USG INTERIORS EBIT/SALES IMPROVES TO 8.8% IN 2ND QTR
Mission Viejo, CA - Withing USG Corporation (NYSE: USG) July 24th results announcement it was reported that USG's Worldw [more] |
07.24.07
SAINT GOBAIN BUYING OC SIDING & DISTRIBUTION BUSINESS
Owens Corning Agrees to Sell Its Sidings Business
Owens Corning has reached a definitive agreement to sell its Siding [more] |
07.23.07
PRIVATE EQUITY BAIN BUYS AMERICAN STD'S BATH & KITCHEN
American Standard Agrees to Sell Kitchen and Bath Business to Bain Capital Partners
American Standard Cos. said it [more] |
07.18.07
HOUSING STARTS UP 2.3%, PERMITS DOWN 7.5% IN JUNE
Washington DC - Builders in the U.S. unexpectedly started work on more homes last month while permits for future constru [more] |
07.17.07
CONSTRUCTION JOBS PREVIOUSLY OVERSTATED
The Labor Department's payroll survey has missed up to 139,000 construction layoffs, a new analysis of underlying payrol [more] |
07.16.07
ROHM & HASS LAUNCHES NEW GREEN BINDER FOR INSULATION
Rohm And Haas Launches Environmentally Friendly Aquaset™ Binders
Philadelphia, PA - Philadelphia-based Rohm and Ha [more] |
07.13.07
DEPT OF ENERGY TEAMING WITH CERTAINTEED GYPSUM
Gilbert, AZ - HydroMax(R), an advanced gasification technology being developed by Diversified Energy Corporation (DEC) a [more] |
07.10.07
D.R. HORTON REPORTS 40% DROP IN ORDERS & 38% CANCELS
D.R. Horton Inc., the largest U.S. home builder by number of units, said it will report a third-quarter loss as orders p [more] |
07.06.07
UNEMPLOYMENT STEADY AT 4.5% - CONSTRUCTION UP 12M JOBS
Washington DC - U.S. employment posted a solid rise last month on strong hiring in health care and government and previo [more] |
07.05.07
NUMBER OF HOMES ON MARKET INCREASES 2.5% IN JUNE
The number of homes on the market in 18 major metropolitan areas continues to grow.
Total listings of homes in the [more] |
06.29.07
CONSTRUCTION SPENDING RISES MORE THAN EXPECTED IN MAY
Washington DC - The Department of Commerce released its report on construction spending in the month of May on Friday, s [more] |
06.28.07
DIETRICH NEAR BREAK EVEN WITH IMPROVEMENTS EXPECTED
Mission Viejo, CA - Within Worthington Industries (NYSE: WOR) results announcement it was reported that Dietrich metal f [more] |
06.28.07
KB HOMES REPORTS LOSS AND DETERIORATING MKT CONDITIONS
KB Home, one of the nation's largest home builders, said it swung to a loss OF $148.7 million in the fiscal second quart [more] |
06.27.07
TOOLPRO ADDS NORTHSTAR TAPING TOOLS
TOOLPRO ADDS NORTHSTAR TAPING TOOLS TO THEIR PRODUCT OFFERING
Kennesaw, Ga. – ToolPro now carries NorthStar Drywal [more] |
06.26.07
LENNAR REPORTS MAJOR LOSS & CONTINUED HOUSING WEAKNESS
Lennar Corp., one of the nation's largest home builders, swung to a fiscal second-quarter loss as results were hurt by c [more] |
06.26.07
NEW HOME SALES, PRICES & CONSUMER CONFIDENCE DECLINE
New-Home Sales, Prices and Consumer Confidence Decline in May
Washington DC - New-home sales resumed falling in Ma [more] |
06.25.07
D. R. HORTON DOESN'T EXPECT HOUSING RECOVERY UNTIL 2009
Zacks Analyst Interview Highlights: D. R. Horton
CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest Analyst Inter [more] |
06.25.07
INVENTORY OF HOMES FOR SALE INCREASES TO 8.9 MONTHS
Washington DC - Existing-home sales fell during May to their lowest level in nearly four years, while inventories climbe [more] |
06.22.07
STEEL FRAMING PRICES EXPECTED TO INCREASE 12% IN JULY
Mission Viejo, CA - With a relatively strong commercial construction market and most major manufacturers hemoraging (see [more] |
06.20.07
MAY HOUSING STARTS DROP - 24.2% BELOW MAY '06
Washington DC - Housing starts nationwide fell in May to a seasonally adjusted annual rate of 1.47 million, a decline of [more] |
06.19.07
HOME DEPOT SELLS SUPPLY UNIT TO PRIVATE EQUITY TRIO
Home Depot reaches deal to sell its construction-supply business to trio of private equity firms for $10.3 billion.
[more] |
06.18.07
HOME ACRES ACQUIRES INDIANA BASED FISHERS BLDG SUPPLY
Mission Viejo, CA - Grand Rapids, Michigan based Home Acres Building Supply Co. LLC (“Home Acres”) announced the acquisi [more] |
06.18.07
HOME BLDRS CONFIDENCE DROPS TO LOWEST IN 16 YEARS
Washington DC - Home builders, worried about subprime loan problems and rising mortgage rates, are losing their confiden [more] |
06.15.07
HOME DEPOT SUPPLY MAY BE SOLD TO PRIVATE EQUITY SOON
In February Home Depot announced it would be exploring strategic alternatives for the HD Supply business, which was a co [more] |
06.14.07
HARVARD CONCERNED ABOUT HOUSING ''AFORDABILITY''
Harvard Releases the 2007 State of the Nation's Housing Report
Cambridge, MA - The U.S. housing market continues t [more] |
06.09.07
INVENTORIES AND AFFORDABILITY PROLONG HOUSING SLUMP
Economists See Housing Slump Enduring Longer
Downturn than Previously Expected
Washington DC - Economists are giv [more] |
06.08.07
GYPSUM INDUSTRY EXPECTED TO FACE SITUATION LIKE LUMBER
Lumber Prices Flutter From Mill Closures, Not Demand Hike - Gypsum Industry expected to face significant reductions and/ [more] |
06.07.07
MEXICO'S CEMEX FINALLY GETTING CONTROL OF RINKER
Mexico's Cemex Says Offer For Rinker Is Unconditional
Melbourne Australia - Mexico's Cemex declared Thursday its U [more] |
06.06.07
INVENTORIES OF UNSOLD HOMES RISE IN MAY
Rise in Home Inventory Continues to Hurt Prices
Emeryville, CA Growing inventories of unsold homes continue to wei [more] |
06.06.07
MANAGEMENT CHANGES ANNOUNCED AT DIETRICH METAL FRAMING
Mission Viejo, CA - Worthington Industries, Inc. reported yesterday, June 5th, that Edmund L. Ponko, Jr., President of D [more] |
06.06.07
REALTORS LOWER NEW HOME SALES - EST -18.2% FOR 2007
Realtors Cut 2007 Forecast Again
Washington DC - The National Association of Realtors again lowered its U.S. housi [more] |
06.04.07
GYPSUM ASSOCIATION RELEASES FINISHING RECOMMENDATIONS
Gypsum Association Releases Revised Finishing Recommendations
WASHINGTON, DC – The Gypsum Association announces th [more] |
06.01.07
UNEMPLOYMENT STEADY 4.5% - CONSTRUCTION JOBS ALSO FLAT
U.S. Nonfarm Payrolls Grow by 157,000 Jobs, Consumer confidence solid and interest rate cut hopes diminished.
Wash [more] |
05.30.07
HOME BLDR PULTE CUTTING 16% - 1900 JOBS
Pulte Homes cutting 1,900 jobs - Builder cites 'difficult' housing market for move
Detroit, MI - Facing a grim hou [more] |
05.30.07
QUIETROCK WINS ''TOP 10'' PRODUCTS AT PCBC BLDRS SHOW
Homeowners Get New Way to Knock Out Noise Between Rooms
QuietRock 516 Soundproof Drywall is Only Product ‘Tuned’ f [more] |
05.28.07
JAMES HARDIE PROFIT UP DESPITE HOUSING DOWN 25%
James Hardie profit up, asbestos liability estimate down
Sydney, Australia - James Hardie Industries has provided [more] |
05.24.07
LXY BUILDER TOLL POSTS 79% DROP IN NET-ORDERS DOWN 25%
Toll Brothers Inc. Thursday said fiscal second-quarter net income fell 79%, hurt by write-downs totaling $72.9 million.
[more] |
05.24.07
NEW HOME SALES UP 16% - INVENTORIES DOWN
New Home Sales Soared 16% As Prices Declined in April
Washington DC - New-home sales soared in April, an unexpecte [more] |
05.23.07
NATIONAL GYPSUM TO PHASE OUT M/R WALLBOARD
Charlotte, NC - Beginning in June 2007, National Gypsum will remove Moisture Resistant Wallboard (MR) from their product [more] |
05.21.07
LOWE'S EARNINGS DOWN 12.1% IN LATEST QTR
Mooresville, NC - Lowe's Companies, Inc. (NYSE: LOW), the world's second-largest home improvement retailer, today report [more] |
05.17.07
HOUSING STARTS UP 2.5% - PERMITS DOWN 8.9% IN APRIL
Washington DC - Permits for new-home construction plunged last month to their lowest point in almost a decade, the lates [more] |
05.15.07
HOME DEPOT EARNINGS DOWN 33% - SUPPLY 5.2% EBIT/SALES
Atlanta, GA - The Home Depot(R), the world's largest home improvement retailer, today reported first quarter net earning [more] |
05.05.07
BIG DIFFERENCES IN WALLBOARD PAPER TECHNOLOGY
Mission Viejo, CA - While most in the industry are very well aware of 1) the ongoing displacement of older, slower, smal [more] |
05.04.07
NAHB SEES 5% INCREASE IN HOUSING TO 1.528M FOR 2008
Washington DC - Difficulties in the subprime mortgage market have prolonged the current housing downturn and have raised [more] |
05.04.07
SOME BLDRS DEALING WITH 30% CANCELLATIONS AND LAWSUITS
As Market Cools, Home Buyers Seek a Way Out, Builders Face A Rash of Complaints and Lawsuits
In the latest fallou [more] |
05.04.07
UNEMPLOYMENT UP TO 4.5% - CONSTRUCTION DOWN 11M
Sluggish Job, Wage Growth, Ease Worries About Inflation
Washington DC - U.S. employment grew at its slowest pace i [more] |
05.03.07
ARMSTRONG CEILINGS EBIT/SALES INCREASES TO 17.1% IN Q1
Mission Viejo, CA - Within Armstrong World Industries latest results announcement it was reported that their Building Ma [more] |
05.03.07
LAFARGE GLOBAL GYPSUM EBIT/SALES 11.1% IN FIRST QTR '07
Mission Viejo, CA - Within the most recent Lafarge results announcement it was reported that their Global Gypsum busines [more] |
05.03.07
NOISE FROM NEXT DOOR IS #1 COMPLAINT IN MULTI-FAMILY
Sounds of Noisy Neighbors Top Complaints of Living in Condos, Apartments, Townhomes - National Gypsum & Quiet Solutions [more] |
05.03.07
OWENS CORNING EBIT/SALES DROPS TO 12.6% IN Q1 2007
Mission Viejo, CA - Owens Corning reported a 50% reduction in operating profit to $53 million in their Insulating System [more] |
05.02.07
AMERICAN'S 29.5% EBIT/SALES HIGHLIGHTS LOW COST AGAIN
Mission Viejo, CA - Eagle's (American Gypsum) EBIT/Sales for the January-March '07 quarter declined to 29.5% from the pr [more] |
05.02.07
USG & EAGLE SHARES RISE 5% & 10% IN EARLY AM TRADING
Mission Viejo, CA - In light of significant opportunity declines due to the soft residential market and declining wallbo [more] |
04.30.07
CONSTRUCTION SPENDING STABLE IN MARCH
US March construction spending up 0.2 pct, February revised sharply higher
Washington DC - US construction spendin [more] |
04.27.07
SPI ADDS 6 NORTHWEST LOCATIONS TO THE DRAKE GROUP
Mission Viejo, CA - Effective May 1, 2007 Specialty Products & Insulation Co. (i.e. SPI) will be adding their 6 location [more] |
04.27.07
ST-GOBAIN Q1 GLOBAL GYPSUM SALES UP 5% TO $1.36 BILLION
Mission Viejo, CA - Yesterday April 26th Saint-Gobain released consolidated first quarter 2007 sales of $14.2 billion re [more] |
04.26.07
PULTE AND RYLAND REPORT LOSSES & SOFT ORDERS IN Q1
Residential home builder Pulte Homes reported an $85.7 million loss for the first quarter, or a loss of 33 cents per sha [more] |
04.25.07
GA REPORTS 3MO '07 WALLBOARD DEMAND DOWN 19%
Mission Viejo, CA - The Gypsum Association has recently reported that overall gypsum wallboard demand in the United Stat [more] |
04.25.07
NEW HOME SALES STILL SOFT - 23.5% LOWER THAN '06
New home sales in U.S. Increased 2.6% from February to 858,000 Annual Pace in March, but are still 23.5% below '06 level [more] |
04.24.07
EXISTING HOME SALES DOWN 8.4% - LGST IN 18 YEARS
Existing-Home Sales Decline 8.4%, As Median Prices Falls From 2006 Consumer Confidence Drops
Washington DC - Exist [more] |
04.24.07
L&W EBIT/SALES DECLINES TO 5.2% IN 1ST QTR '07
Mission Viejo, CA - Within USG's latest results announcement it was reported that L&W Supply distribution subsidiary had [more] |
04.24.07
US GYPSUM EBIT/SALES DECLINES TO 12.2% IN Q1 2007
Mission Viejo, CA - Within USG Corporation (NYSE: USG) results announcement United States Gypsum Company (U.S. Gyspum) r [more] |
04.24.07
USG INTERIORS EBIT/SALES DECLINES TO 6.4% IN 1ST QTR 07
Mission Viejo, CA - Within USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide [more] |
04.23.07
A&D SUPPLY OPENS NEW YARD IN SPRINGFIELD MO
Mission Viejo, CA - A&D Supply HQ out of Oaklahoma City, OK recently opened a new branch location in Springfield, MO, br [more] |
04.18.07
JAMES HARDIE RUMORED TARGET OF OC ST-GOBAIN OR USG
Mission Viejo, CA - James Hardie is now being battered with takeover talk, with investors driving its share price by 11 [more] |
04.17.07
HOUSING STARTS AND PERMITS UP SLIGHTLY IN MARCH
U.S. March Housing Starts Rise 0.8% to 1.518 Million Rate
Washington DC - Housing starts in the U.S. unexpectedly [more] |
04.10.07
CLARKWESTERN INTRODUCES LABOR SAVING OPENING SYSTEM
CLARKWESTERN Building Systems Introduces Labor Saving RedHeader RO™ Rough Opening System
CLARKWESTERN Building Sy [more] |
04.10.07
D.R. HORTON HOME ORDERS PLUNGE 41% LAST QTR
Home Builder D.R. Horton Posts 41% Drop in Orders
Ft. Worth, TX - D.R. Horton Inc. said fiscal second-quarter orde [more] |
04.06.07
UNEMPLOYMENT DROPS TO 4.4% - CONSTRUCTION UP 56M
U.S. Nonfarm Payrolls Grow by 180,000 Jobs
Jobless Rate Drops to Lowest Level Since May 2001
Washington DC - U.S. [more] |
04.04.07
DIETRICH & QUIET SOLUTION - SOUND PANEL FOR ULTRASTEEL
Dietrich and Quiet Solution Announce Soundproof Drywall for UltraSTEEL® Framing
QuietRock® Technology Enhanced fo [more] |
04.04.07
NATIONAL GYPSUM INTRODUCES NEW SOUND PANEL AT AWCI
National Gypsum Introduces Sound-Reducing Gypsum Board
Gold Bond® BRAND SoundBreak™ Gypsum Board Offers Simple, Reliabl [more] |
04.04.07
NATIONAL GYSPUM - NEW JOINT TREATMENT PLT IN BALTIMORE
National Gypsum Announces New Joint Compound Plant
CHARLOTTE, NC (April 4, 2007) National Gypsum Company, a leadin [more] |
04.03.07
ARMSTRONG REPORTS 14.7% EBIT/SALES IN LATEST QUARTER
Mission Viejo, CA - Within Armstrong World Industries latest results announcement it was reported that their Building Ma [more] |
04.03.07
EUROPE GYPSUM ASSOCIATION TO INCREASE GYPSUM RECYCLING
London, England - UK Plasterboard Manufacturers Sign Agreement Set to Increase Gypsum Recycling
Plasterboard manuf [more] |
04.01.07
GYPSUM SUPPLY COMPLETES DRYWALL DIST. ACQUISITION
Rockford, IL - Gypsum Supply Co., headquartered in Rockford, IL, is pleased to announce that it has completed the acquis [more] |
03.30.07
CERTAINTEED GYPSUM MINE RECEIVES 15 YEAR SAFETY AWARD
CertainTeed Gypsum mine receives award for 15 years of accident-free work
Nashville, AR - Nashville, Arkansas'Cert [more] |
03.29.07
STEEL FRAMING SEGMENT ''BROKEN'' WITH DIETRICH EARNINGS
Mission Viejo, CA - Along with the reported Dietrich earnings announcement released earlier today it is the opinion of G [more] |
03.27.07
CONSUMER CONFIDENCE SLIPS 3.6% IN MARCH
New York, NY - Consumer confidence weakened in March as higher gasoline prices and recent turmoil in financial markets m [more] |
03.27.07
LENNAR INCOME DROPS 73%, ORDERS DOWN 27%
Lennar's Net Income Drops 73% Amid Deteriorating Housing Market
Miami, FL - Lennar Corp. became the latest home bu [more] |
03.26.07
NEW HOMES SALES DOWN 3.9% TO 848M PACE - 7 YR LOW
New-Home Sales in U.S. Fell 3.9% to 848,000 Pace in February
Washington DC - New home sales in the U.S. unexpecte [more] |
03.23.07
KNAUF BUYS UP IN USG'S RECENT SHARE OFFERING
Mission Viejo, CA - As part of USG's recent share offering to raise funds for the CalPly distribution acquisiton, the Kn [more] |
03.22.07
CERTAINTEED ANNOUNCES FINAL 2006 RESULTS
Mission Viejo, CA - Within Saint-Gobain's recent final results for 2006, we have summarized the following highlights:
< [more] |
03.22.07
KB HOME'S PROFIT DOWN 84% AMID CONTINUED HOUSING SLUMP
Los Angeles, CA - KB Home posted an 84% slide in fiscal first-quarter earnings as orders and prices for new homes droppe [more] |
03.21.07
FUTURE OF HOME DEPOT SUPPLY UNCERTAIN
Home Depot Undecided on Supply Businessadvertisement
Atlanta, GA - The Home Depot Inc.'s chief executive said Th [more] |
03.20.07
HOUSING STARTS JUMP 9% IN FEB BUT PERMITS DROP
Washington DC - Home construction unexpectedly surged in February, but permits for future building fell.
Housing s [more] |
03.19.07
HOME BUILDERS' CONFIDENCE FALLS IN MARCH
Home Builders' Confidence Slips for First Time in 6 Months
Washington DC - U.S. home builders' confidence slipped [more] |
03.15.07
COMMERCIAL VACANCIES EXPECTED TO RISE TO 13.9% IN 2007
Washington DC - Commercial real estate vacancies are expected to rise this year, in part driven by businesses moving int [more] |
03.13.07
MORTGAGE DELINQUENCIES JUMP DURING 4TH QTR 2006
Washington DC - Delinquency rates for subprime adjustable rate mortgages reached 14.44% in the fourth quarter of last ye [more] |
03.13.07
SUBPRIME FALLOUT MAY PUT FURTHER PRESSURE ON HOUSING
Subprime Fallout May Sink Sales Of New Homes
Washington DC - The rapid unraveling of the subprime-mortgage industr [more] |
03.09.07
UNEMPLOYMENT DROPS TO 4.5% - CONSTRUCTION DOWN 62M
U.S. Payrolls Grow by 97,000 As Jobless Rate Slips to 4.5%
Washington DC - U.S. payrolls expanded last month at th [more] |
03.08.07
D.R.HORTON EXEC SAYS HOUSING SLUMP WILL LINGER
Fort Worth, TX - D.R. Horton Inc., the second-largest U.S. homebuilder by revenue, said the housing market will remain i [more] |
03.05.07
REMODELING REMAINS STEADY IN SLOW HOUSING MARKET
March 5, 2007 - Remodeling activity remained steady in the fourth quarter of 2006, according to the National Association [more] |
03.04.07
HAS HOUSING BOTTOMED OUT YET?
New York, NY - Price cuts. Amenity upgrades. Vacations. Free gas for the minivan. As the spring home-selling season loom [more] |
03.02.07
MORTGAGE LATE PAYMENTS CONTINUE TO INCREASE
Calabasas, CA - Countrywide Financial Corp., the largest U.S. home mortgage lender, reported sharp increases in late pay [more] |
03.01.07
NEW HOME SALES PLUNGE 16.6% TO 937m ANNUAL PACE
Drag From Housing Could Persist Steep Sales Drop Suggests
Effect on Economic Growth May Continue for Months
Washi [more] |
03.01.07
QUIET SOLUTIONS AWARDED PATENT ON SOUNDPROOF DRYWALL
SUNNYVALE, Calif.--(BUSINESS WIRE)--Quiet Solution announced today it has been granted its first patent in the field of [more] |
02.28.07
DIETRICH'S ULTRASTEEL(R) RECEIVES KEY CODE ENDORSEMENTS
Dietrich's UltraSTEEL(R) Framing Receives Key Code Endorsements
All BusinessWire News: Dietrich Metal Framing rec [more] |
02.28.07
MASCO REPORTS 4TH QTR LOSS OF $186 MILLION
Masco Reports Fourth Quarter Loss of $186 Million, Will Cut 8000 Jobs
Taylor, MI - Despite record sales of $12.8 [more] |
02.27.07
CARAUSTAR ANNOUNCES MOLD&MILDEW RESISTANT WALLBD PAPER
Caraustar Industries, Inc. Develops New Mold, Mildew and Moisture Resistant Gypsum Facing Paper, SafeFace MR(TM), for th [more] |
02.27.07
TEMPLE-INLAND ANNOUNCES MAJOR RESTRUCTURING
Temple-Inland Revamp Wins Icahn's Backing
Temple-Inland Inc. joined the ranks of North American forest-products co [more] |
02.26.07
USG ACQUIRES CALPLY & NEW STOCKTON, CA PLANT
USG CORPORATION ANNOUNCES TWO WEST COAST GROWTH INITIATIVES
U.S. Gypsum Company to build new wallboard plant in S [more] |
02.24.07
NATIONAL GYPSUM & TOOLS FOR TRADES WIN 2006 HONORS
NATIONAL GYPSUM COMPANY & TOOLS FOR TRADES WIN 2005 HONORS
Mission Viejo, CA - The Drake Group awarded National Gy [more] |
02.23.07
DEPOT AND LOWES SALES AND PROFIT DOWN DUE TO HOUSING
Home Depot same store sales down 6.6%, Lowes down 5.3%; Both site soft housing market and decline in lumber prices
< [more] |
02.22.07
LUXURY BLDR TOLL REPORTS SALES DOWN 33% & 30% CANCELS
Horsham, PA - Luxury-home builder Toll Brothers Inc. reported a 67% drop in its fiscal first-quarter profit as it took a [more] |
02.21.07
OWENS CORNING REPORTS 20.3% EBIT/SALES IN LATEST QTR
Owens Corning reports $107 million operating income on $527 million sales revenue (i.e. 20.3% EBIT/Sales) during the Oct [more] |
02.21.07
USG AND ATLANTIC GYPSUM PARTNER IN CANADA
Atlantic Wallboard LP and CGC Inc. Form Strategic Alliance
Saint John, N.B. - PRNewswire-FirstCall - It was recen [more] |
02.20.07
USG DEBUTS MOLD TOUGH GYPSUM PANELS
USG Debuts Sheetrock Mold Tough Gypsum Panels, Will Phase
out Humitek(TM) and Water-Resisstant product lines.
Ch [more] |
02.16.07
HOUSING STARTS SINK 14.3% IN JAN - LOWEST IN 10 YEARS
Washington DC - Home construction fell to its lowest point in nearly 10 years during January in an unexpectedly large de [more] |
02.15.07
ARMSTRONG ANNOUNCES LOOKING AT ''STRATEGIC ALTERNATIVES
Lancaster County, PA - Armstrong World Industries emerged from bankruptcy last October as a new but still independent co [more] |
02.12.07
HOME ACRES TO OPEN NEW LAFAYETTE, INDIANA LOCATION
Grand Rapids, MI - Home Acres Building Supply LLC is pleased to announce the addition of a branch in Lafayette, Indiana. [more] |
02.12.07
HOME DEPOT CONSIDERS OPTIONS FOR WHOLESALE DISTRIBUTION
Home Depot Mulls Spinoff Or Sale of Wholesale Unit
Home-Improvement Giant Feels Pressure to Focus on Retail
Home [more] |
02.04.07
ENGLE HOMES - ANOTHER BLDR FILES FOR BANKRUPTCY
Builder files bankruptcy: Engle Homes used ‘End is Near’ slogan
TOUSA Inc., the Hollywood, Florida based parent co [more] |
02.02.07
MARINO/WARE MOVES TO EMPLOYEE OWNERSHIP
South Plainfield, N.J. based Marino\WARE, a leading manufacturer of steel-framing solutions, is pleased to announce that [more] |
02.02.07
UNEMPLOYMENT RISES TO 4.6% - CONSTRUCTION UP 22M
Payrolls Grow by 111,000 Jobs, Unemployment rises to 4.6%
Washington DC - U.S. payrolls increased at a healthy pac [more] |
01.31.07
CONSTRUCTION SPENDING DOWN 0.4% - HOME BLDG FALLS AGAIN
December '06 construction spending down 0.4 percent as home building falls for 9th month
Washington DC - Overall c [more] |
01.31.07
EAGLE/AMERICAN EBIT/SALES DECLINES TO 32.3% IN 4TH QTR.
Mission Viejo, CA - Eagle's (American Gypsum) EBIT/Sales for the October-December '06 declined to 32.3% from the previou [more] |
01.30.07
CONSUMER CONFIDENCE HOLDS STEADY IN JANUARY
Washington DC - U.S. consumer confidence was flat in January from December amid softer expectations for the economy's ou [more] |
01.29.07
L&W EBIT/SALES DECLINES TO 7.1% IN QIV 2006
Mission Viejo, CA - Within USG's latest results announcement it was reported that L&W Supply distribution subsidiary had [more] |
01.29.07
US GYPSUM EBIT/SALES DECLINES TO 19% IN QIV 2006
Mission Viejo, CA - Within USG Corporation (NYSE: USG) results announcement United States Gypsum Company (U.S. Gypsum) r [more] |
01.29.07
USG INTERIOR EBIT/SALES IMPROVES TO 9.2% IN QIV 2006
Mission Viejo, CA - Within USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide [more] |
01.26.07
NEW HOME SALES UP 4.8% - SECOND MONTH OF INCREASE
Washington DC - Two sore spots in the U.S. economy showed some strength at the end of 2006, with demand rising for expen [more] |
01.19.07
CLARK/WESTERN TO OPEN NEW PLANT IN THE NORTHEAST
West Chester, OH - CLARKWESTERN Building Systems plans to open a new facility in Bristol, CT for manufacturing and distr [more] |
01.18.07
CHGO BLDR LATEST FACING POTENTIAL BANKRUPTCY
Builder Kimball Hill close to failing, auditor finds
Losses, loan default put Kimball Hill near failure, says report by [more] |
01.18.07
COMMERCIAL DRYWALL SUPPLY EXPANDS INTO MANHATTAN, KS
Wichita, KS - Drake Group member/owner Commercial Drywall Supply, Inc. announced that they will be opening a drywall sup [more] |
01.18.07
HOUSING STARTS UP 4.5% DURING MILD DECEMBER
Washington DC - New construction on homes in the United States rose for the second straight month in December, reflectin [more] |
01.17.07
HOME BLDR LENNAR SWINGS TO LOSS IN WEAK HOUSING MARKET
Miami, FL - Home builder Lennar Corp. posted a fiscal fourth-quarter loss, taking big land-related write-offs as the com [more] |
01.17.07
USG TO IDLE 2 WALLBOARD LINES DUE TO DEMAND DECLINE
Mission Viejo, CA - In a letter to their customers dated January 15, 2007 Chicago based USG announced the idling of one [more] |
01.16.07
CENTEX HOMES SIGNALS LOSS WITH CLOSINGS & SALES DECLINE
New York, NY - Major U.S. home builder Centex Corporation said it would record a quarterly loss from continuing operatio [more] |
01.12.07
CERTAINTEED CEILING TILE PLANT PASSES SAFETY MILESTONE
CertainTeed Meridian, Miss., Ceiling Manufacturing Facility Celebrates Three Years Accident-Free
Valley Forge, PA [more] |
01.12.07
COMMERCIAL JOB GAINS OFFSET LOSSES IN RESIDENTIAL
Washinton, DC - The latest report from the U.S. Department of Labor shows that in December 2006, the overall constructio [more] |
01.09.07
D.R. HORTON REPORTS 23% DROP IN ORDERS
Fort Worth, TX - Home-building giant D.R. Horton Inc. saw orders fall 23% and cancellations remain high in its fiscal fi [more] |
01.09.07
TOOLS FOR TRADES MOVES TO NEW FACILITIES IN GEORGIA
TOOLS FOR TRADES CUTS RIBBON AT NEW FACILITY
Ball Ground, GA - Tools For Trades recently announced the completion [more] |
01.05.07
UNEMPLOYEMENT AT 4.5% AND JOBS HOLD STEADY
Payrolls Grow by 167,000 Jobs; Unemployment Rate Holds at 4.5%
Washinton DC - U.S. payroll and wage growth were st [more] |
01.04.07
KB HOME DROPS PLANS FOR NEW ORLEANS SUBDIVISION
KB Home has dropped its highly-publicized plan to build thousands of homes in the greater New Orleans area. The homebuil [more] |
01.04.07
LENNAR EXPECTS FIRST LOSS IN DECADE & SCALES BACK
Miami, FL - Lennar Corporation announced that it will re-value existing holdings and take significantl write-offs on lan [more] |
01.03.07
NOV RESIDENTIAL CONSTRUCTION DOWN - COMMERCIAL STRONG
Washington DC - Construction activity showed further weakness as spending on homes dropped for a record eighth consecuti [more] |
01.03.07
SILVERADO BUILDING MATERIALS JOINS THE DRAKE GROUP
SILVERADO BUILDING MATERIALS JOINS THE DRAKE GROUP
Mission Viejo, CA - Silverado Building Materials based in Sacra [more] |
01.02.07
CERTAINTEED UNIFIES GYPSUM/CEILIINGS/INSULATION BRAND
CertainTeed(R) Brand Now Includes North America’s Most Comprehensive Line of Interior and Exterior Building Products
< [more] |
01.02.07
HACKER IND ADDS TWO NEW SERVICES FOR ARCHITECTS
HACKER INDUSTRIES, INC. NOW OFFERS AIA/CES REGISTERED PROGRAMS AND PARTNERS WITH ARCHITECTURAL DATA SYSTEMS SCHEDULELINK [more] |
12.31.06
ROSE&WALKER SUPPLY ACQUIRES SOUTHERN INDIANA DRYWALL
Mission Viejo, CA - Drake dealer Rose & Walker Supply announced the acquisition of Southern Indiana Drywall in Bloomingt [more] |
12.31.06
SPECIALTY PRODUCTS & INSULATION JOINS THE DRAKE GROUP
Mission Viejo, CA - Specialty Products & Insulation Co., based in East Petersburgh, PA has become the newest member/own [more] |
12.28.06
CONSUMER CONFIDENCE RISES 3.5% IN DECEMBER
Washington DC - U.S. consumer confidence rose in December to its highest level since April, according to a report Thursd [more] |
12.27.06
NEW HOME SALES UP 3.4% IN NOVEMBER, INVENTORIES DOWN
Washington DC - New-home sales climbed in November and inventories fell, a signal the slumping housing market might be s [more] |
12.21.06
DIETRICH REPORTS AN OPERATING LOSS IN LATEST QUARTER
Mission Viejo, CA - Within Worthington Industries (NYSE: WOR/ results announcement released today it was reported that D [more] |
12.21.06
USG MAKES FINAL ASBESTOS PAYMENT WITH NEW RIGHTS PLAN
Chicago, IL - USG Corp. said Thursday it made a final $3.05 billion payment into its asbestos personal injury trust, end [more] |
12.19.06
HOUSING STARTS UP IN NOV, DOWN 25.5% LAST 12 MONTHS
Washington DC - Housing starts increased by 6.7% to a seasonally adjusted 1.588 million annual rate, the Commerce Depart [more] |
12.18.06
AWCI'S 2007 EIFS EDUCATION & CERTIFICATION PROGRAMS
Mission Viejo, CA - The Association of the Wall and Ceilings Industry (AWCI) has three more EIFS Education and Certifica [more] |
12.18.06
BUILDER CONFIDENCE HOLDS STEADY IN DECEMBER
Heading into the holidays, builders of new single-family homes continue to believe that the worst of the downswing in ho [more] |
12.15.06
WORTHINGTON SHARES RISE ON BID SPECULATION
Shares of Worthington Industries Inc., a producer of steel parts for auto makers, rose 11 per cent in New York, up $2.02 [more] |
12.13.06
HOME DEPOT ENTERS CHINA MKT VIA 12 STORE ACQUISITION
Home Depot Inc. announced its first foray into China's booming market on Wednesday with the purchase of a Chinese chain [more] |
12.08.06
UNEMPLOYMENTS UP TO 4.5% - 29M CONSTRUCTION JOBS LOST
Washington DC - U.S. payroll growth accelerated during November, while worker wages grew slightly less than expected and [more] |
12.05.06
CONSUMER CONFIDENCE DECLINES 2% IN NOVEMBER
Consumer Confidence Index Declines Again
Washington DC - The Conference Board Consumer Confidence Index, which ed [more] |
12.01.06
CONSTRUCTION SPENDING DROPS 1% - LARGEST IN 5 YRS
Construction Spending Tumbles
By JEFF BATER
Washington DC - U.S. construction spending took its biggest tumble in five [more] |
12.01.06
HOME DEPOT RISES ON TAKEOVER SPECULATION
New York NY - Shares of Home Depot Inc. rose Friday, following published reports that private investors could be circlin [more] |
11.30.06
USG SHARES RISE ON TAKE OVER SPECULATION
USG rises on speculation Buffett may purchase company
Bloomberg News, November 30--Shares of USG Corp. rose 8.3 pe [more] |
11.29.06
12 MONTH HOME SALES DOWN 25.4% IN OCTOBER
Washington DC - Sales of single-family homes decreased by 3.2% to a seasonally adjusted annual rate of 1.004 million, th [more] |
11.29.06
DIETRICH'S PARENT CREATES INTEGRATED BUILDING SYSTEMS
Worthington consolidates military, residential building operations
Columbus, OH - Worthington Industries Inc. has con [more] |
11.29.06
REMODELING MARKET STRENGTHENS IN THIRD QUARTER
Washington DC - Remodeling activity picked up in the third quarter of 2006, according to the National Association of Hom [more] |
11.27.06
BUILDER CONFIDENCE IMPROVES IN NOVEMBER
Suggesting stabilizing conditions in the nation's single-family housing market, home builder confidence in November edge [more] |
11.20.06
MOST ECONOMISTS SAY WORST IS OVER FOR HOUSING BUST
Washington DC - The worst of the housing bust is over, economists said by nearly 2-to-1 in the latest economic forecasti [more] |
11.17.06
HOUSING STARTS DOWN 14.6% TO LOWEST IN 6 YEARS
New Home-Building Activity Falls to Lowest Level in 6 Years, Permits down also
Washington DC - New home-building a [more] |
11.14.06
OWENS CORNING ANNOUNCES ''R's on Us'' PROMOTION FOR '07
Mission Viejo, CA - Owens Corning has recently released an industry setting precedent by providing the marketplace R-15 [more] |
11.10.06
TOOLPRO ADDS RED DEVIL PRODUCTS TO OFFERING
TOOLPRO NOW CARRIES RED DEVIL TO MEET THE NEEDS OF MORE CUSTOMERS
Kennesaw, GA – ToolPro now carries the full line [more] |
11.03.06
CARAUSTAR RESULTS ANNOUNCEMENT DISAPPOINTS WALLSTREET
Caraustar Swings to 3Q Loss
All Associated Press News Atlanta, GA - Recycled packaging company Caraustar Industrie [more] |
11.03.06
NATIONAL GYPSUM CHIEF, TOM NELSON, RECEIVES MORE HONORS
Charlotte, NC - National Gypsum chief Business Person of the Year
Charlotte Business Journal - Tom Nelson, chairma [more] |
11.03.06
UNEMPLOYMENT RATE DROPS TO 4.4% - LOWEST IN 5 YEARS
U.S. Adds 92,000 Jobs To Nonfarm Payrolls, Unemployment Rate Drops to 4.4%,Lowest Level in More Than Five Years
By BRIA [more] |
11.02.06
2007 FORECAST: RESIDENTIAL DOWN 15%, COMMERCIAL UP
Home building to lead US building decline in '07
Washington DC - U.S. construction spending will fall 1 percent next [more] |
11.01.06
JOHNS MANVILLE'S NEW HOUSEWRAP GAINING GROUND
Johns Manville, Insulate America Deal Will Allow Insulation Contractors to Add Housewrap Services
Denver, CO - Jo [more] |
11.01.06
VERY SLIGHT DROP IN OCTOBER CONSUMER CONFIDENCE
Washington DC - Consumer confidence declined in October, as people became more concerned with present-day business condi [more] |
10.31.06
CONSTRUCTION RISES 1% IN SEPTEMBER
New York, NY - New construction starts increased 1% in September to a seasonally adjusted annual rate of $635.2 billion, [more] |
10.31.06
EAGLE/AMERICAN EBIT/SALES UP TO 40.3% IN LATEST QTR
Mission Viejo, CA - Eagle's (American Gypsum) industry leading 40.3% EBIT/Sales for the July-September 2006 continues to [more] |
10.27.06
NEW HOME SALES UP 5.3% WITH AGGRESSIVE BLDR INCENTIVES
New Homes Sales Rise 5.3 Percent in September as Builders Cut Prices
Sales of new one-family houses rose 5.3 perce [more] |
10.27.06
REMODELING ACTIVITY SLOWS DOWN
Remodeling Activity Indicator Points to Weakening Home Improvement Market
Cambridge, MA - Through the third quart [more] |
10.26.06
CENTEX REPORTS HOME ORDERS DOWN 29%
Centex Profit Slips 59 Percent, Orders down 29 Percent
Dallas, TX - Homebuilder Centex Corporation reported that [more] |
10.25.06
OWENS CORNING INSULATION REPORTS 23.6% EBIT/SALES - Q3
Mission Viejo, CA - Within Owens Corning's results announcement it was reported that their Insulating Systems business s [more] |
10.24.06
L&W EBIT/SALES 8.3% IN QIII - ACQUISITION GAINS
Mission Viejo, CA - Within USG's latest results announcement it was reported that L&W Supply distribution subsidiary had [more] |
10.24.06
US GYPSUM HOLDS 24% EBIT/SALES & SHARE IN 3RD QTR
Mission Viejo, CA - Within USG Corporation (NYSE: USG) results announcement United States Gypsum Company (U.S. Gypsum) r [more] |
10.24.06
USG INTERIOR EBIT/SALES DROPS TO 8.9% IN THIRD QTR
Mission Viejo, CA - Within USG Corporation (NYSE: USG) lastest results announcement it was reported that USG's Worldwide [more] |
10.18.06
HOUSING STARTS UP 5.9% IN SEPTEMBER, PERMITS DOWN 6.3%
Washington DC -The Commerce Department Wednesday said housing starts rose 5.9% in September, better than the 1.2% declin [more] |
10.06.06
BUFFETT/BERKSHIRE INCREASES OWNERSHIP OF USG TO 19%
All Reuters News WASHINGTON (Reuters) - Berkshire Hathaway Inc. has increased its stake in USG Corp. to 19 percent after [more] |
10.06.06
KEN/API EXPANDS IN KENTUCKY WITH ACQUISITION
Mission Viejo, CA - Drake dealer Ken/API recently announced the acquisition of A&D Supply, Inc. of Ashland, Kentucky eff [more] |
10.06.06
UNEMPLOYMENT FALLS TO 4.6%, BUT NEW JOBS WEAK
U.S. Nonfarm Payroll Growth Slows; Unemployment Rate Falls to 4.6%
Washington DC by Campion Walsh - U.S. payrolls [more] |
10.04.06
FED CHAIRMAN WARNS OF ''SUBSTANTIAL'' HOUSING CORRECTIO
Washington DC - By Brian Blackstone and Benton Ives-Halperin - The U.S. housing sector is undergoing a "substantial corr [more] |
10.02.06
ARMSTRONG EMERGES FROM BANKRUPTCY AFTER 6 YEARS
Armstrong Emerges From Chapter 11 - Court-Approved Plan of Reorganization Becomes Effective Today and Provides for Compr [more] |
09.28.06
NATIONAL GYPSUM RECEIVES MAJOR MANUFACTURING HONOR
National Gypsum Plant Recognized as Top U.S. Facility
Charlotte, NC - IndustryWeek magazine has selected National [more] |
09.28.06
OWENS CORNING RECOGNIZED FOR INFORMATION INNOVATION
Owens Corning Ranks among Top 100 Most Innovative Companies on InformationWeek 500 List: A strong pattern of information [more] |
09.27.06
DIETRICH RESULTS IMPROVE WITH CONVERSION TO ULTRASTEEL
Mission Viejo, CA - Within Worthington Industries (NYSE: WOR) results announcement released today it was reported that D [more] |
09.27.06
NEW HOMES SALES UNEXPECTEDLY RISE 4.1% IN AUGUST
Washington DC, By Jeff Bater: New-home sales unexpectedly climbed during August, breaking a string of three declines as [more] |
09.26.06
BANKRUPTCY COURT APPROVES OWENS CORNING REORGANIZATION
Toledo, OH - PRNewswire-FirstCall via COMTEX News Network -Owens Corning (OTC Bulletin Board: OWENQ.OB) today announced [more] |
09.26.06
CONSUMER CONFIDENCE RISES 4.3% IN AUGUST
Washington DC - The Conference Board said its monthly survey of consumer confidence rose to 104.5 from 100.2 in August, [more] |
09.26.06
ECONOMISTS REACT TO MOST RECENT HOUSING DATA
New York, NY - Sales of previously owned homes in the U.S. fell less than expected in August to a 6.30 million annual ra [more] |
09.26.06
HOME BUILDER LENNAR PROFIT DOWN 39% - LOWERS OUTLOOK
Lennar Cuts Profit Outlook,Reports 39% Decline in Net (AP)
Miami, FL - Lennar Corp., one of the nation's top homebuilde [more] |
09.22.06
POSSIBLE HARD LANDING FOR HOUSING SECTOR?
Housing: ARMed and Dangerous By Liz Ann Sonders Chief Investment Strategist Charles Schwab & Co., Inc.
This time [more] |
09.21.06
NATIONAL GYPSUM ANNOUNCES MAJOR PAPER INVESTMENT
National Gypsum Announces Major Paper Expansion (GypsumToday.com Note: Modern, lightweight, high speed paper is consider [more] |
09.20.06
BUILDER CONFIDENCE SLIPS FOR 8TH CONSECUTIVE MONTH
Builder Confidence Slips Further in September
Reflecting increasing builder concerns about conditions in the mark [more] |
09.20.06
EAGLE SURGES 13% AFTER CHAIRMAN HIRSCH BUYS 400M SHARES
Eagle Materials (American Gypsum) Soars on Insider Buys -
By Nicholas Yulico
Shares of Eagle Materials (EXP - co [more] |
09.20.06
PRIVATE EQUITY FIRM ACQUIRES ROOFING SUPPLY GROUP
Investment Group Completes Acquisition of Roofing Supply Group
Houston, TX - The Sterling Group, L.P., a Houston- [more] |
09.19.06
HOUSING STARTS DECLINE 6% - 5TH DECLINE IN 6 MONTHS
Washington, DC - Housing starts fell for the fifth time in the past six months, dropping 6.0% in August to a seasonally [more] |
09.13.06
STEEL FRAMED HOMES HAVE ADVANTAGES
By James Dulley SPECIAL TO THE POST-DISPATCH (9/2/06)
Q: We are planning to build our dream home. It must be stron [more] |
09.12.06
MULTIFAMILY STK INDEX REACHES NEW HIGH IN AUGUST
The stocks of publicly traded companies whose primary business is multifamily housing outpaced the market as a whole in [more] |
09.07.06
BEAZER HOMES REPORTS JULY/AUGUST SALES DOWN 49%
Atlanta homebuilder Beazer Homes reduces forecast
The Associated Press - ATLANTA
Beazer Homes USA Inc., an A [more] |
09.07.06
KB HOMES REPORTS 3RD QTR ORDERS DOWN 43%
Los Angeles Business Wire - KB Home (NYSE: KBH), one of the largest homebuilders in the United States and France, announ [more] |
09.05.06
FISHERS BUILDING SUPPLY JOINS THE DRAKE GROUP
Mission Viejo, CA - Fishers Building Supply, Inc. based in Indianapolis, Indiana has become the newest member/owner of T [more] |
09.02.06
REALTORS FORECASTS NEAR TERM DECLINE IN HOME PRICES
By James R. Hagerty
The chief economist of the National Association of Realtors predicts that U.S. home prices wil [more] |
09.01.06
UNEMPLOYMENT DROPS TO 4.7% IN AUG - CONST ADDS 17M JOBS
Nonfarm Payrolls Grow by 128,000, By Camption Walsh
Washington DC - U.S. jobs grew last month consistent with Wall [more] |
08.31.06
MARINO/WARE & CEMCO ANNOUNCE METAL FRAMING ALLIANCE
Mission Viejo, CA - While details of specific commitments and plans are not available yet, Marino/Ware based in South Pl [more] |
08.29.06
CONSUMER CONFIDENCE TUMBLES 7% IN AUGUST
New York, NY, By Michael Derby - Consumer confidence suffered a major blow in August amid rising anxiety over the state [more] |
08.24.06
NEW HOME SALES DROP 4.3% IN JULY, DOWN 21.6% FOR YEAR
Washington DC - Sales of single-family homes decreased by 4.3% to a seasonally adjusted annual rate of 1.072 million, th [more] |
08.22.06
EUROPEANS MAY EXPLORE RECYCLED WALLBOARD FOR CEMENT
Gypsum from wallboard to be explored for cement - By Chris Wood
An open tender has been launched which aims to [more] |
08.22.06
HOUSING AFFORDABILITY INDEX DROPS TO RECORD LOW
Home Builders Sour on Condos, But Apartment Interest Is Strong
Washington DC - U.S. home builders and developers h [more] |
08.22.06
LUXURY BUILDER TOLL BRO. NET DOWN 19%, LOWERS FORECAST
Horsham, PA - Toll Brothers Inc. said Tuesday its fiscal third-quarter profit fell 19% as a downturn in the housing mark [more] |
08.18.06
LOWE'S REPORTS SLIGHT DECLINE AND PRODUCT COSTS UP
Lowe's Cos. posted a 7.9% drop in fiscal second-quarter net income, beating projections and prompting the home-improveme [more] |
08.16.06
HOUSING STARTS FALL 2.5%, SALES INDEX DOWN TO '91 LEVEL
Washington DC - Housing starts fell by 2.5% to a seasonally adjusted 1.795 million annual rate, the slowest pace since 1 [more] |
08.15.06
COURT FINALLY APPROVES AMSTRONG'S BANKRUPTCY EXIT PLAN
Note: Follow up to May 20, GypsumToday.com "Industry News" article titled "Armstrong Expected To Exit Bankruptcy Follow [more] |
08.14.06
OC ANNOUNCES NEW LEADER OF CONSTRUCTION SERVICES
William E. LeBaron Named President of Owens Corning Construction Services
TOLEDO, Ohio - Owens Corning (OTC Bulle [more] |
08.08.06
USG ANNOUNCES GYPSUM AND CEILING PANEL RECYCLING OPTION
08/08/2006: Press Release from USG Corporation - USG Becomes First Building Materials Manufacturer to Provide Gypsum and [more] |
08.04.06
UNEMPLOYMENT RISES TO 4.8% - JOB GROWTH SLOWS
Washington DC - U.S. payrolls posted their fourth-straight tepid gain last month and the jobless rate spiked higher, lik [more] |
08.02.06
INDIANA BASED V-LINE JOINS DRAKE BASED NEWCO
Grand Rapids, MI - Home Acres Building Supply Co. LLC (“Home Acres”) today announced the acquisition of V-Line Corporati [more] |
08.02.06
USG REPORTS RESULTS OF RIGHTS OFFERING
USG CORPORATION REPORTS FINAL RESULTS OF RIGHTS OFFERING
- Gross proceeds of $1.8 billion
- Berkshire Hat [more] |
08.01.06
CONSTRUCTION SPENDING RELATIVELY FLAT IN JUNE
Residential Construction Falls Slightly in June
Washington DC - Total construction spending increased 0.3% in June [more] |
08.01.06
GypsumToday.com NOW UP TO 6M-7M UNIQUE VISITORS PER MO
Mission Viejo, CA - Visitors and useage of the unique GypsumToday.com industry portal continues to increase with current [more] |
07.31.06
U.S. WALLBOARD DEMAND REMAINS STRONG THROUGH JUNE '06
Mission Viejo, CA - According to information compiled and reported by the Gypsum Association (see link on left side of G [more] |
07.29.06
ARMSTRONG CEILINGS EBIT/SALES JUMPS TO 18.5% IN Q2
Mission Viejo, CA - Within Armstrong Holdings second quarter results announcement they reported that their Building Prod [more] |
07.28.06
RESIDENTIAL REPAIR & REMODEL DEMAND MAY BE SLOWING
New York, NY -All Associated Press News(AP) - The stocks of home improvement retailers, already hurt this year by the sl [more] |
07.27.06
NEW HOME SALES FALL 3% - INVENTORIES AT RECORD HIGHS
New-Home Sales Tumbled in June As Inventories Hit Record High By CAMPION WALSH and BENTON IVES-HALPERIN
Washington [more] |
07.25.06
EAGLE'S 37.7% EBIT/SALES HIGHLIGHT LOW COST POSITION
Mission Viejo, CA - Eagle's (American Gypsum)industry leading 37.7% for the April-June 2006 quarter despite 15% lower ea [more] |
07.24.06
L&W EBIT/SALES DOWN TO 8.5% WITH RECORD WALLBOARD VOL
Mission Viejo, CA - Within USG's latest results announcement it was reported that L&W Supply distribution subsidiary had [more] |
07.24.06
US GYPSUM REPORTS HIGHER 24.5% EBIT/SALES IN Q2 '06
Mission Viejo, CA - Within USG Corporation (NYSE: USG) results announcement United States Gypsum Company (US Gypsum) rep [more] |
07.24.06
USG INTERIORS EBIT/SALES RISES TO 12.4% IN Q2 '06
Mission Viejo, CA - Within USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide [more] |
07.21.06
DIETRICH METAL AND NOVA CHEMICALS FORM JOINT VENTURE
Pittsburgh, PA (AP) - Chemical and plastics maker Nova Chemicals Corp. and Dietrich Metal Framing, a division of Worthin [more] |
07.21.06
RYAN HOMES PARENT REPORTS NEW HOME SALES DOWN 13%
NVR Home Orders Down, Indicating Slower Market
Washington DC - By Kirstin Downey: NVR Inc., the Reston home building [more] |
07.19.06
HOUSING STARTS DOWN 5.3%-BLDR CONFIDENCE HITS 15 YR LOW
Washington DC - One of the primary factors behind the slowing economy, said Federal Reserve Chief, Mr. Bernanke, is the [more] |
07.14.06
GREENGUARD RANKINGS FOR STATES AT RISK FOR MOLD
GREENGUARD Ranks Top 10, Bottom 5 States at Risk for Mold
Atlanta, GA - GREENGUARD Environmental Institute, using [more] |
07.13.06
SOME CONCERNS BY FED RE HOME DEPOT GETTING INTO BANKING
Washington DC All Associated Press News(AP) - A Federal Reserve official is raising concerns about letting retailers lik [more] |
07.13.06
TOOLPRO EXPANDS GA WAREHOUSE TO SERVICE GROWING DEMAND
Kennesaw, Ga – ToolPro is expanding its warehouse outside of Atlanta, Ga to meet growing customer demand.
“ToolPro ha [more] |
07.11.06
OWENS CORNING FILES BANKRUPTCY REORG PLAN FOR PASSAGE
New York, NY (Reuters) - Owens Corning, a maker of fiberglass insulation, on Tuesday said it filed its reorganization pl [more] |
07.07.06
OFFICE VACANCY RATE CONTINUES TO DECLINE FOR 9TH MONTH
Office-Vacancy Rate Declines, Propelling Rents 2.1% Higher By JENNIFER S. FORSYTH
For the ninth consecutive quarte [more] |
07.07.06
UNEMPLOYMENT REMAINS 4.6% - CONSTRUCTION LOSES 4M JOBS
Despite Weak Jobs Report, Inflation Fears Persist As Economy Seems to Slow,Rising Wages, Oil Prices
Create Dilemma for [more] |
07.05.06
GYPSUM ASSOCIATION RELEASES REVISED FIRE MANUAL
WASHINGTON, DC – The Gypsum Association announces the 2006 release of its flagship publication, GA-600, Fire Resistance [more] |
07.01.06
BASF COMPLETES ACQUISITION OF DEGUSSA CONSTRUCTION
Degussa Completes Sale of Construction Chemicals Activities to BASF
Degussa AG, Dusseldorf, today completed the sa [more] |
07.01.06
WAGNER/GRABBER ACQUIRES SCORPION FASTENERS
Scorpion Fasteners acquired by John Wagner Associates, Inc (“JWA”) JWA and Scorpion to join forces with product offering [more] |
06.30.06
PYRAMID INTERIORS DISTRIBUTORS JOINS THE DRAKE GROUP
Mission Viejo, CA - Pyramid Interiors Distributors, Inc., based in Memphis, Tennessee has become the newest member/owner [more] |
06.29.06
DENVER BASED JONES HEARTZ JOINS THE DRAKE GROUP
Mission Viejo, CA - Jones Heartz Drywall Supply LLC, based in Denver Colorado has become a member/owner of The Drake Gro [more] |
06.29.06
DIETRICH EBIT/SALES IMPOVES TO 7.6% IN LATEST QUARTER
Mission Viejo, CA - Within Worthington Industries (NYSE: WOR) results announcement released today it was reported that t [more] |
06.28.06
CONSUMER CONFIDENCE IMPROVES SLIGHT 1% IN JUNE
Existing-Home Sales Fall 1.2% As Consumer Confidence Rises
Washington DC - Sales of existing homes fell in May for [more] |
06.28.06
NEW HOME SALES UP 4.6% IN MAY - SOME BEARISH ON HOUSING
New York and Washington - Some bearish investors think inflation will keep percolating higher and that the slowdown in h [more] |
06.26.06
LENNAR PROFIT UP 33%, NEW HOME ORDERS DOWN 3%
Home Builder Lennar Cuts Outlook Despite 33% Rise in Quarterly Profit
Lennar Corp. became the latest home builder [more] |
06.23.06
OWENS CORNING GETS COURT OK ON CHAPTER 11 CREDITOR PACT
WILMINGTON, Del. (Dow Jones)--Owens Corning (OWENQ) received court approval Friday of a pact with major creditor groups [more] |
06.22.06
BUILDER CONFIDENCE INDEX FALLS TO 11-YEAR LOW
Washington DC - The latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) finds builders f [more] |
06.21.06
HOUSING STARTS REBOUND 5% IN MAY
Softer Housing Sector Is Seen,But Data Don't Point to Collapse. May Starts Mark Rebound From 3 Months of Declines;Weakn [more] |
06.20.06
USG FORMALLY EXITS BANKRUPTCY TODAY
Chicago, IL - USG Corporation (NYSE:USG) announced that its Plan of Reorganization became effective today, formally conc [more] |
06.15.06
COURT APPROVES USG'S CH 11 EXIT PLAN
Court Confirms USG Corp's Ch 11 Plan Of Reorganization DOW JONES NEWSWIRES By Peg Brickley
Pittsburgh, PA (Dow Jo [more] |
06.10.06
DOCTORS DIAGNOSING ASBESTOS BEING EXPOSED
Corpus Christi, TX - As retreats go, few have matched the one now being conducted by promoters of the great silicosis an [more] |
06.07.06
CERTAINTEED RELEASES GAME-BASED AIA/CES COURSES
CertainTeed Unveils Game-Based Technology for Online AIA/CES Courses at AIA 2006 National Convention and Design Expo
[more] |
06.05.06
DRAKE BASED NEWCO EMERGES WITH CODE HENNESSEY
Mission Viejo, CA - Private equity firm Code Hennessey & Simmons has made a major investment and majority equity interes [more] |
06.02.06
PULTE HOMES SPRING ORDERS DECLINE 30%
Bloomfield Hills, MI - Pulte Homes Inc. earlier today lowered its earnings estimate for 2006 on lower demand for homes, [more] |
06.02.06
UNEMPLOYMENT FALLS TO 4.6% BUT FEW JOBS CREATED
Washington DC - U.S. employment grew much less than expected in May, potentially allaying central bankers' concerns abou [more] |
06.01.06
CONSTRUCTION SPENDING DOWN 0.1% ON SOFTENING RES MKT
Washington DC - (Reuters) - U.S. construction spending unexpectedly dipped 0.1 percent in April, its first decline in 10 [more] |
05.30.06
USG CHAPTER 11 EXIT PLAN HAS WIDE CREDITOR SUPPORT
USG's Chapter 11 Plan Draws Few, Minor Objections -By Peg Brickley
Philadelphia, PA - Only a few objections to USG [more] |
05.22.06
LOWE'S PROFIT SOARS 44% - 11.8% EBIT/SALES
By CHAD TERHUNE
Lowe's Cos. reported that fiscal first-quarter profit rose 44%, but it lowered its sales forecast [more] |
05.20.06
ARMSTRONG EXPECTED TO EXIT BANKRUPTCY FOLLOWING USG, OC
Mission Viejo, CA - With USG and Owens Corning's announcements earlier this year, GypsumToday.com believes that Armstron [more] |
05.19.06
AWCI & STEEL FRAMING ALLIANCE OFFER SEMINAR IN HOUSTON
STEELDoing It Right is an education program organized by the Association of Wall and Ceiling Industry and the Steel Fram [more] |
05.16.06
HOME DEPOT PROFIT UP 19% - DOUBLES PRO SALES SEGMENT
Home Depot's Net Rises 19% After Hughes Supply (HD Supply - Pro Sales) Acquisition - Cox Lumber Acquisition May 1 to add [more] |
05.16.06
HOUSING STARTS DECLINE 7.4% IN APRIL
Washington, DC - The U.S. Department of Housing reported earlier today that privately-owned housing units authorized by [more] |
05.15.06
HOME BUILDER SALES INDEX FALLS 12% TO LOWEST SINCE 1995
Home-Builders Index Sinks - Single-Family Home Prices
Cool Down in Metro Areas
By CAMPION WALSH and BENTON IVES-HALPER [more] |
05.15.06
LAFARGE SA COMPLETES TENDER OFFER FOR LAFARGE NA
Paris, France DOW JONES NEWSWIRES - Lafarge SA has today announced that it has successfully completed its cash tender of [more] |
05.12.06
CONSUMER CONFIDENCE PLUNGES HISTORIC 9.6% DUE TO GAS
Gas Prices Pummel Consumers Confidence
Washington DC - Higher gas prices are making people gloomier, according to [more] |
05.11.06
INSULATION DEMAND EXPECTED TO GROW 5% PER YEAR
U.S. Insulation Demand to Reach $9.8 Billion in 2010
Cleveland, OH MARKET WIRE) - Demand for insulation materials [more] |
05.11.06
USG ENTERS THE TOOL BUSINESS
BY SANDRA GUY Business Reporter
Chicago, IL - USG is selling two drywall finishing knives under its Sheetrock wallboa [more] |
05.10.06
OWENS CORNINGS REACHES AGREEMENT WITH CREDITORS
TOLEDO, Ohio, May 10 /PRNewswire-FirstCall/ -- Owens Corning (OTC Bulletin Board: OWENQ) today announced that it has rea [more] |
05.09.06
HOME DEPOT TO GET INTO THE BANKING BUSINESS
Home Depot Agrees to Acquire EnerBank USA
New York, NY - The retailer Home Depot Inc. agreed on Tuesday to acquire [more] |
05.06.06
LUXURY BUILDER TOLL - HOME ORDERS DOWN 29%-32%
By JANET MORRISSEY
Toll Brothers Inc., a leading builder of luxury homes, posted a 32% decline in orders in its fi [more] |
05.05.06
APRIL'S 4.7% UNEMPLOYMENT NEAR 5 YEAR LOW
U.S. Payroll Growth Slows But Hourly Wages Surge By BRIAN BLACKSTONE
Washington DC - U.S. employment expanded at i [more] |
05.05.06
EAGLE'S RESULTS HIGHLIGHT LOW COST WALLBOARD POSITION
EAGLE'S INDUSTRY LEADING 31.3% EBIT/SALES FOR JAN-MAR '06 QTR DESPITE LOWER RELATIVE PRICE AND POOR PAPER PERFORMANCE DR [more] |
05.04.06
BEAZER HOMES REPORTS ORDERS DECLINE BY 19.4%
Beazer Homes Posts Record 2Q Revenues and Home Closings, But Orders Tumble
Atlanta, GA - Beazer Homes USA, Inc. l [more] |
05.04.06
CONSTRUCTION SPENDING UP 0.9% TO NEW RECORD IN MARCH
March 2006 Construction Spending Up 0.9 Percent
The U.S. Census Bureau reported Monday that overall construction [more] |
05.03.06
PRIVATE EQUITY GRP COMPLETES ACQUISITION OF ACTIVANT
HELLMAN & FRIEDMAN, THOMA CRESSEY AND JMI COMPLETE ACQUISTION OF ACTIVANT SOLUTIONS
San Francisco and Livermore, [more] |
05.02.06
HOME DEPOT TO ACQUIRE COX LUMBER
The Home Depot Acquires Cox Lumber
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05.02.06
OWENS CORNING REPORTS 7.2% EBIT/SALES IN 1ST QTR 2006
Mission Viejo, CA - Owens Corning today announced record sales of $1.601 billion and income from operations of $115 mill [more] |
04.28.06
NAHB ECONOMISTS DISCUSS OUTLOOK OF THE HOUSING MARKET
By JUNE FLETCHER
Everybody agrees that the housing market is drifting down from record highs. But is it coming in [more] |
04.28.06
NATIONAL GYPSUM ANNOUNCES NEW AZ WALLBOARD PLANT
Charlotte, NC - National Gypsum Company, a leading manufacturer of gypsum wallboard, announced plans today to build a st [more] |
04.27.06
ARMSTRONG CEILINGS EBIT/SALES IMPROVES TO 14.9% IN Q1
Mission Viejo, CA - Within Armstrong Holdings first quarter results announcement they reported that their Building Produ [more] |
04.26.06
HOUSING STRENGTH SHIFTS TO NEW MARKETS
As Real-Estate Boom Slows on the Coasts,
Texas and Other Overlooked Areas Gain Heat; By James Hagerty
As home sa [more] |
04.26.06
HWZ DIST GRP UNIFIES 16 LOCATIONS AS NEXGEN BLDG SPLY
Chicago, IL - Effective May 1, 2006, HWZ Distribution Group, LLC will change its trade name to NexGen Building Supply fo [more] |
04.26.06
LAFARGE GYPSUM Q1 '06 EBIT/SALES INCREASES TO 21.4%
Mission Viejo, CA - Within Lafarge North America (NYSE: LAF) results announcement earlier today it was reported that the [more] |
04.25.06
CONSUMER CONFIDENCE = 4 YR HIGH - HOME INVENTORIES RISE
Washington DC - U.S. consumer-confidence levels improved in April to a nearly four-year high as consumers took heart fro [more] |
04.25.06
L&W SUPPLY- Q1 RECORD SALES AND HIGHER 8.8% EBIT/SALES
Mission Viejo, CA - Within USG's latest results announcement it was reported that L&W Supply distribution subsidiary had [more] |
04.25.06
US GYPSUM REPORTS STEADY 22.7% EBIT/SALES IN Q1 '06
Mission Viejo, CA - Within USG Corporation's (NYSE: USG) results announcement United States Gypsum Company (US Gypsum) r [more] |
04.25.06
USG INTERIORS EBIT/SALES RISES TO 11% IN Q1 '06
Mission Viejo, CA - Within USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide [more] |
04.24.06
LAFARGE NA ACCEPTS SWEETENED LAFARGE SA OFFER
Lafarge N.A. Accepts Sweetened Offer
New York, NY - French building materials maker Lafarge SA on Monday sweeten [more] |
04.24.06
LAFARGE SA INCREASES BID FOR LAFARGE NA ANOTHER 4.3%
NEWS SNAP: Lafarge Again Ups North America Unit Offer By GREG KELLER Of DOW JONES NEWSWIRES
Paris, France - Lafarg [more] |
04.24.06
USG CONSIDERS MICHIGAN FOR WALLBOARD PAPER PRODUCTION
Unique machinery makes Menasha mill a good buy for USG
By Chris Killian and Sarita ChoureyKalamazoo Gazette
Ots [more] |
04.21.06
1ST QTR WALLBOARD DEMAND 10.9% OVER '05 RECORD
Washington, DC - According to statistics compiled by the Gypsum Association, the United States gypsum board industry shi [more] |
04.21.06
BUILDER CONFIDENCE INDEX DECLINES IN APRIL
Washington DC - The latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) declined four po [more] |
04.18.06
HOUSING STARTS DROP 7.8% IN MARCH
Washington DC - Housing starts decreased 7.8% a second straight month, dropping to a seasonally adjusted 1.960 million a [more] |
04.12.06
SOME HOT HOUSING MARKETS COOL SIGNIFICANTLY
Hot Homes Get Cold: In Once-Booming Markets
Such as the Florida Coast, Housing Sales Languish
By MICHAEL CORKERY
[more] |
04.07.06
UNEMPLOYMENT DROPS TO 4.7% - LOWEST IN 4 1/2 YEARS
Washington DC - Employers added new jobs to U.S. payrolls at a healthy pace in March, as the unemployment rate slipped t [more] |
04.06.06
FEBRUARY CONTRUCTION SPENDING SETS ALL TIME RECORD
Construction Spending Edges Up in February
The U.S. Census Bureau of the Department of Commerce announced Monday [more] |
04.05.06
LAFARGE SA RAISES BID FOR LAFARGE NA BY 9.3%
By GREG KELLER
Paris, France - Lafarge SA, looking to win full control of North America's largest cement supplier [more] |
04.03.06
LOCKWOOD GREEN TO BUILD NEW $125M AMERICAN GYPSUM PLANT
CH2M HILL Lockwood Greene Wins $125 Million-Plus Gypsum Wallboard Plant Being Built by American Gypsum
Spartanburg [more] |
04.03.06
USG ALLOWED TO SEND CHAPTER 11 EXIT PLAN OUT FOR VOTE
DOW JONES NEWSWIRES
Wilmington, Del. -- A bankruptcy judge in Pittsburgh Monday indicated she would allow USG Corp. ( [more] |
04.01.06
AMERICAN GYPSUM BREAKS GROUND ON NEW SC WALLBOARD PLANT
By Kelly Marshall Fuller
Georgetown SC - Dirt was thrown for a new wallboard plant Friday, a year after the major [more] |
03.29.06
CONSUMER CONFIDENCE SOARS TO 4 YEAR HIGH
Consumer Confidence Advances To Highest Level Since May 2002 By MICHAEL S. DERBY
U.S. consumer confidence jumped t [more] |
03.27.06
LAFARGE NA DECLARES LAFARGE SA BID AS ''INADEQUATE''
Lafarge Hits Wall In Its Bid for Rest Of American Unit
By GREG KELLER
Paris, France - Lafarge SA was dealt a sig [more] |
03.27.06
NATIONAL GYPSUM BREAKS GROUND ON NEW NC WALLBOARD PLANT
National Gypsum Breaks Ground for Mt. Holly, North Carolina Wallboard Plant
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Na [more] |
03.24.06
LAFARGE SA MAY NEED TO INCREASE BID FOR LAFARGE NA
UPDATE: Lafarge Dealt Setback In North American Buyout DOW JONES NEWSWIRES By Greg Keller
PARIS -- Lafarge SA (120 [more] |
03.24.06
NEW HOME SALES DROP 10.5% IN FEBRUARY
Washinton DC - New-home sales recorded the steepest drop in nearly nine years during February, marking the fourth declin [more] |
03.23.06
KB HOME ORDERS DOWN 12%, TOLL BROTHERS DOWN 29%
KB Home's Profit Jumps, but Orders Decrease by 12%
By Michael Corkery
KB Home, one of the nation's largest h [more] |
03.22.06
DIETRICH EBIT/SALES DECLINES TO 3.2% IN LATEST QUARTER
Mission Viejo, CA - Within Worthington Industries, Inc. (NYSE: WOR) results announcement released today it was reported [more] |
03.18.06
NUCOR & LENNAR FORM STEEL FRAMING VENTURE FOR HOMES
Companies Team Up to Make Steel Framing - The Associated Press
Charlotte, NC - Steel producer Nucor Corp. is team [more] |
03.16.06
HOUSING STARTS DROP 7.9% IN FEBRUARY
Washington DC - The Commerce Department reported that housing starts declined 7.9% to a seasonally adjusted 2.120 millio [more] |
03.09.06
GYPSUM RECYCLING INTERNATIONAL TO OPEN PLANT IN US -MA
European Company Set to Open Gypsum Recycling Plant in Massachusetts
Gypsum Recycling International, a European co [more] |
03.09.06
SAINT GOBAIN ANNOUNCES LEADERSHIP CHANGES AT BPB NA
Mission Viejo, CA - BPB, who was recently acquired by France's Saint-Gobain, made the following announcement regarding u [more] |
03.07.06
OPPOSITION EMERGES ON LAFARGE SA BUYOUT OF LAFARGE NA
UPDATE: Two Funds Oppose Lafarge Buyout Offer DOW JONES NEWSWIRES By Arden Dale
New York, NY - Two longtime shareh [more] |
03.02.06
CONSTRUCTION SPENDING RISES SLIGHT 0.2% IN JANUARY
Washington DC - The Commerce Department reported yesterday that total construction spending in January rose 0.2% to a se [more] |
02.28.06
NEW HOME SALES DECLINE 5% IN JANUARY TO ONE YEAR LOW
Housing Market Slows To Slowest Pace in a Year, And Unsold Supply Rises By CHRISTOPHER CONKEY
New-home sales fell [more] |
02.27.06
DIETRICH ANNOUNCES ULTRASTEEL LICENSE TO CLARK/WESTERN
Dietrich Metal Framing Announces Sublicensing of UltraSTEEL™ Clark Western Converting Operations to Hadley Technology
< [more] |
02.25.06
CLARK/WESTERN & TOOLS FOR TRADES WIN 2005 HONORS
Mission Viejo, CA - The Drake Group awarded Clark/Western and Tools for Trades 2005 Vendor of the Year Awards at their W [more] |
02.24.06
ARMSTRONG'S CEILINGS EBIT/SALES DECLINES TO 12.3% IN Q4
Mission Viejo, CA - Within Armstrong Holdings fourth quarter results announcement they reported that their Building Prod [more] |
02.22.06
OWENS CORNING REPORTS RECORD SALES IN 2005 AND 4TH QTR.
Toledo, OH -Owens Corning Posts Record Sales of $6.3 Billion in 2005. Fourth Quarter Sales Highest in Company History.
[more] |
02.21.06
DEPOT REPORTS 10.5% EBIT/SALES AND OTHER RECORDS
Mission Viejo, CA - Earlier today The Home Depot, the largest home improvement retailer, reported record results fo the [more] |
02.17.06
CONSUMER CONFIDENCE SLIDES 4.2% IN FEBRUARY
Mission Viejo, CA - Confidence among U.S. consumers slipped for a second month in February as heating bills pinched hou [more] |
02.17.06
USG FILES REORGANIZATION PLAN & DISCLOSURE STATEMENT
Chicago, IL - (BUSINESS WIRE--USG Corporation (NYSE:USG) announced that today it has filed with the Bankruptcy Court in [more] |
02.16.06
JANUARY HOUSING STARTS SURGE 14.5%
Washington DC - Record warm temperatures in January helped push new residential construction to its highest level in mor [more] |
02.16.06
NEW USG BUILDING COMPONENTS PITCHES STEEL FRAMED HOUSES
U.S. Gypsum pitches steel-frame housing
By NED RANDOLPH - Advocate staff writer
Baton Rouge, LA - Represen [more] |
02.15.06
ABESTOS FUND OPPONENTS KILL BILL FOR NOW
Washington DC, By Laurie Kellman — Opponents of a $140 billion trust fund for asbestos victims forced Senate leaders to [more] |
02.14.06
KEY SENATE VOTE ON ASBESTOS BILL EXPECTED TODAY
Washington DC, By Susan Cornwell(Reuters) - Legislation to create an industry-financed $140 billion compensation fund fo [more] |
02.13.06
KNAUF TO EXPAND SHELBYVILLE, INDIANA INSULATION PLANT
Mission Viejo, CA - Knauf Insulation has announced that they have begun a new expansion project at their Shelbyville, In [more] |
02.09.06
HACKER ROLLS OUT LICENSED APPLICATOR TRAINING SEMINARS
HACKER INDUSTRIES, INC. ROLLS OUT TRAINING SEMINARS FOR LICENSED APPLICATORS
Newport Beach, Calif. – Hacker Indu [more] |
02.09.06
USG'S L&W SUPPLY ACQUIRES LIVONIA AS EXPECTED
Mission Viejo, CA - After almost a year of market rumors, USG and their wholely owned L&W Supply Distribution subsidiary [more] |
02.08.06
ASBESTOS BILL CLEARS HURDLE - MOVES TO SENATE DEBATE
Asbestos Fund Effort Survives in Senate
Lawmakers hope to end years of lawsuits by creating a $140-billion compensation [more] |
02.07.06
BANKRUPTCY EXIT WITH OR WITHOUT CONGRESSIONAL ACTION
Bankrupt Companies Not Holding Out For Asbestos Rescue: By PEG BRICKLEY
Wilmington, DE - Investors salivate over i [more] |
02.07.06
PRIVATE EQUITY AGINCOURT INVESTS IN WALLBOARD SUPPLY
Mission Viejo, CA - Private equity firm Agincourt Wallboard LLC has made a major investment and majority equity investme [more] |
02.06.06
LAFARGE SA TO BUY REMAINING SHARES OF LAFARGE NA
Building Materials Stocks Up On Lafarge Buyout Bid, By Bob Sechler
Most building materials stocks climbed Monday a [more] |
02.03.06
ARMSTRONG CHANGES PENSION BENEFITS -OUTSOURCES SERVICES
WITH MOST BUILDING MATERIAL EQUITIES SKYROCKETING ARMSTRONG LOSES APPROXIMATELY 17% FRIDAY AS ARMSTRONG ANNOUNCES CHANGE [more] |
02.03.06
JANUARY UNEMPLOYMENT OF 4.7% IS FOUR YEAR LOW
46,000 NEW CONSTRUCTION JOBS
Washington DC - Employers stepped up hiring in January and pushed the nation's unempl [more] |
02.03.06
SENATE PLANNING TO DEBATE ASBESTOS BILL WEEK OF 2/13
Senate Majority Leader Frist Plans to Bring Up Controversial Asbestos Bill Next Week
Washington DC - By Albert B. [more] |
02.02.06
NATIONAL GYPSUM RELEASES SPANISH WEBSITE
Charlotte, NC - In an effort to make its resources available to all its users, National Gypsum, a leading manufacturer o [more] |
02.02.06
SENATE SPONSORS SAY ASBESTOS BILL FACES LAST CHANCE
Washington DC (Susan Cornwell)- Co-sponsors of a controversial U.S. Senate bill to create a $140 billion asbestos injury [more] |
02.01.06
CONSTRUCTION SPENDING ROSE AS HOME SALES FALL
Washington DC - Spending on new construction rose smartly during December, but an index of future housing demand fell an [more] |
02.01.06
LAFARGE GYPSUM REPORTS FLAT 17.3% EBIT/SALES IN Q4
Mission Viejo, CA - Within Lafarge North American (NYSE: LAF) results announcement earlier today it was reported that th [more] |
01.31.06
CONSUMER CONFIDENCE RISES 2.4% IN JANUARY
Washington DC - U.S. consumer confidence levels surged to the best level in more than three years in January, driven up [more] |
01.30.06
L&W WALLBOARD VOLUME UP 17% TO NEW RECORD IN 4TH QTR
Mission Viejo, CA - Within USG's latest results announcement it was reported that USG's L&W Supply distribution subsidia [more] |
01.30.06
US GYPSUM REPORTS HIGHER 22.9% EBIT/SALES IN 4TH QTR
Mission Viejo, CA - Within USG Corporation's (NYSE: USG) results announcement United States Gypsum Company (U.S. Gypsum) [more] |
01.30.06
USG ANNOUNCES ASBESTOS AGREEMENT WITH BERKSHIRE BACKING
USG Corporation Reaches Agreement To Resolve Asbestos Personal Injury Claims In Chapter 11. Agreement Paves Way to Exit [more] |
01.30.06
USG INTERIORS EBIT/SALES DECLINES TO 8.9% IN 4TH QTR
Mission Viejo, CA - With USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide Ce [more] |
01.28.06
NAHB ECONOMIST PREDICTS 6% HOME SALES DECLINE IN 2006
Washington DC - The Commerce Department reported Friday that sales of new homes rose 2.9% in December from November, to [more] |
01.27.06
NEW HOME SALES SHOW UNEXPECTED INCREASE OF 2.9% IN DEC
Washington DC - The Commerce Department reported sales of new homes took a surprise turn upward in December, increasing [more] |
01.25.06
EAGLE REPORTS 28.1% EBIT/SALES DESPITE DROP IN PAPER
Mission Viejo, CA - With Eagle Materials (NYSE: EXP) results announcement it was reported that their consolidated gypsum [more] |
01.23.06
GYPSUM CHIEF EARNS MANAGEMENT AWARD
By: Fred Tannenbaum
Building a national company that's focused on quality improvement, innovation, technology, sa [more] |
01.20.06
HOME DEPOT TO REDUCE NEW STORES - INCREASE PRO SALES
All Reuters News ATLANTA (Reuters) - Home Depot Inc. said on Thursday it would scale back new-store openings over the ne [more] |
01.19.06
HOUSING STARTS DECLINE 8.9% IN DECEMBER
Washington DC - New residential construction finished the year on the decline, as slowing sales, rising inventories and [more] |
01.18.06
GYPSUM ASSOCIATION REPORTS WALLBOARD RECORD FOR 2005
WALLBOARD SHIPMENTS SET NEW RECORD IN 2005
WASHINGTON, DC – The United States gypsum board industry achieved its h [more] |
01.17.06
CARAUSTAR SELLS STANDARD GYPSUM STAKE TO TEMPLE
Atlanta, GA (AP) - Caraustar Industries Inc., a recycled packaging company, said Tuesday it sold its 55 percent stake in [more] |
01.16.06
HOME REMODELING COOLS ON HIGHER RATES
By JOI PRECIPHS
The home-renovation boom, spurred by low mortgage rates that made home-equity loans popular and c [more] |
01.12.06
SEC OPENS INFORMAL PROBE INTO HOME DEPOT
All Reuters News WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has opened an informal investigation [more] |
01.10.06
DEPOT TO ACQUIRE DISTRIBUTOR HUGHES FOR $3.22 BILLION
Home Depot Agrees To Pay $3.22 Billion For Hughes Supply
By Chad Terhune
Atlanta, GA - Home Depot Inc., mak [more] |
01.09.06
L&W SUPPLY MAKES MOTION RELATED TO ANOTHER ACQUISTION
DEBTORS' MOTION TO FILE L&W'S PURCHASE REQUEST UNDER SEAL
Wilmington Delaware - Paul N. Heath, Esq., at Richards, [more] |
01.06.06
PRIVATE EQUITY FIDELITY/STROBER ACQUIRES LANOGA
Boston, MA - The nation's third-largest professional building materials dealer is being sold to the private equity arm o [more] |
01.06.06
UNEMPLOYMENT DROPS TO 4.9% IN DEC, CONSTRUCTION DOWN
Washington DC - Hiring slowed down in December as U.S. employers were more cautious in taking on new workers as 2005 dre [more] |
01.05.06
BPB EXPANDS MEXICAN PLASTER BUSINESS
London, England - BPB recently announced its third successful acquisition in Mexican building plasters, with the integra [more] |
01.05.06
HWZ DISTRIBUTION ANNOUNCES ACQUISITION OF MID-AMERICA
Mission Viejo, CA - HWZ Distribution Group announced on January 3rd the acquistion of Mid-America Supply located in Merr [more] |
01.04.06
ARCHITECT SURVEY POINTS TO STRONG COMMERCIAL SEGMENT
Architects' Index Forecasts Commercial Construction Spending By ALEX FRANGOS
A new piece of research from archite [more] |
01.03.06
ECONOMISTS FORECAST 3.5% DECLINE IN HOUSING FOR 2006
Mission Viejo, CA - With new housing expected to finish 2005 at approximately 2.062 million units, recent published econ [more] |
01.01.06
EDGEMONT JOINS THE DRAKE GROUP
Mission Viejo, CA - Edgemont Stone & Supply Company, Inc. has become a member/owner of The Drake Group effective January [more] |
01.01.06
HWZ DISTRIBUTION JOINS THE DRAKE GROUP
Mission Viejo, CA - HWZ Distribution Group, LLC has become a member/owner of The Drake Group effective January 1, 2006.
[more] |
12.31.05
OWENS CORNING FILES NEW CHAPTER 11 REORG PLAN
By PEG BRICKLEY - DOW JONES NEWSWIRES
Philadelphia, PA - Owens Corning filed a revised bankruptcy reorganization p [more] |
12.23.05
KOCH FINALIZES $13.2B PURCHASE OF GEORGIA-PACIFIC
Atlanta, GA - Privately held Koch Industries Inc. completed its $13.2 billion acquisition of paper company Georgia-Pacif [more] |
12.23.05
NEW HOMES SALES DROP 11.3% WITH ''FOR SALE'' AT HIGH
Washington DC By Jeff Bater - New-home sales posted the biggest fall in nearly 12 years last month, while a strong inven [more] |
12.22.05
HOUSING AFFORDABILITY HITS 14 YEAR LOW
New York, NY - Higher Prices, Rising Rates Hurt Buyers as Creative Loans Lose Some of Their Punch By RUTH SIMON
S [more] |
12.21.05
DIETRICH EBIT/SALES IMPROVES TO 7.2% IN LATEST QUARTER
Mission Viejo, CA - Within Worthington Industries, Inc. (NYSE: WOR) results announcement released today it was reported [more] |
12.20.05
HOUSING STARTS INCREASE UNEXPECTED 5.3% IN NOVEMBER
Washington DC - New-home construction rose more than expected in November, but some economists say the gains were largel [more] |
12.20.05
USG ADDING JOINT COMPOUND CAPACITY AT BALTIMORE PLANT
Baltimore, MD - United States Gypsum Company, a subsidiary of USG Corporation (NYSE: USG), announced today that it is ad [more] |
12.15.05
NATIONAL GYPSUM TO EXPAND QUEBEC CEMENT BOARD OPERATION
Charlotte, NC – National Gypsum Company, a leading manufacturer of gypsum wallboard, announced today it is expanding its [more] |
12.13.05
HACKER RELEASES NEW TOPCOAT FOR UNDERLAYMENT
Newport Beach, CA - Hacker Industries, Inc., the
leading supplier of cementitious floor underlayments and acoustical co [more] |
12.09.05
USG ANNOUNCES SENIOR MANAGEMENT CHANGES
Chicago, IL - Building materials leader USG Corporation (NYSE:USG) has announced several senior-level management changes [more] |
12.07.05
INVESTORS RETREAT FROM HOUSING MARKET
Inventories Rise as Speculative Buying Slows
In Once-Hot Markets Like Phoenix and San Diego
By RUTH SIMON
Indiv [more] |
12.02.05
UNEMPLOYMENT REAMAINS AT 5.0% IN NOVEMBER
Washington DC - Hiring recovered in November from a hurricane-induced slowdown in the previous two months, as employers [more] |
11.30.05
DIETRICH PURCHASES REMAINING SHARE OF CANADIAN JV
Pittsburgh, PA - Dietrich Metal Framing, a Worthington Industries company WOR, today announced that it has acquired the [more] |
11.29.05
NEW HOME SALES SURGE 13% WITH CONSUMER CONFIDENCE UP
Washington DC - Sales of single-family homes surged 13% to a seasonally adjusted annual rate of 1.424 million, the Comme [more] |
11.28.05
INVENTORY OF HOMES ON MARKET RISES TO 4.9 MONTHS IN OCT
Washington DC - Sales of previously owned homes fell by 2.7% in October as the housing market continues to signal that t [more] |
11.25.05
CONSUMER CONFIDENCE RISES ALMOST 10% IN NOVEMBER
Falling Gas Prices Help Perk Up Consumers' Mood - By JOI PRECIPHS
As the busy holiday-shopping season starts, cons [more] |
11.24.05
KNAUF INSULATION EXPECTED TO EXPAND IN PLANT BY 50%
Leading insulation manufacturer invests $150 million to increase production capability by 50%.
CINCINNATI--(BUSINE [more] |
11.21.05
LEADING INDICATORS RISE 0.9% IN OCTOBER
DOW JONES NEWSWIRES
New York, NY - A report designed to show the economy's future direction rose by 0.9% in Octobe [more] |
11.17.05
BERKSHIRE, BUFFETT, INCREASE INVESTMENT IN HOME DEPOT
Omaha, Nebraska, All Associated Press News(AP) - Warren Buffett's investment company recently expanded fivefold its stak [more] |
11.17.05
BPB AGREES TO SAINT GOBAIN BUYOUT AT 775p
By Mark Potter and Marie Maitre
LONDON/PARIS (Reuters) - France's Saint-Gobain (SGOB.PA: Quote, Profile, Research) [more] |
11.17.05
HOUSING STARTS DECLINE 5.6% IN OCTOBER-PERMITS DOWN TOO
A WALL STREET JOURNAL ONLINE NEWS ROUNDUP
New residential construction fell in October, a sign that builders are s [more] |
11.16.05
CONSUMER PRICES UP ON HOUSING COST
Washintton DC (Reuters) - U.S. consumer prices rose 0.2 percent in October despite a dip in energy prices as the cost of [more] |
11.16.05
SAINT GOBAIN MAY SUCCESSFULLY ACQUIRE BPB AT 775p
GypsumToday.com sub headline: BPB may be on verge of bowing to Saint-Gobain at 775p which is exactly in the middle of G [more] |
11.15.05
BPB INVESTORS HOLD OUT FOR 760p OR MORE FROM ST GOBAIN
By Tom Bawden
London, England - Investors in BPB, the British plasterboard company, are holding out for a takeove [more] |
11.15.05
HOME DEPOT REPORTS 11.9% EBIT/SALES IN 3RD QUARTER
Mission Viejo, CA - Earlier today Home Depot reported that they had $2.473 billion operating profit on $20.744 billion i [more] |
11.15.05
LOWE'S REPORTS 10% EBIT/SALES IN 3RD QUARTER
Mission Viejo, CA - The world's number two home improvement retailer, after Home Depot, reported third quarter operating [more] |
11.14.05
KOCH INDUSTRIES TAKING GP PRIVATE FOR $13.2 BILLION
Koch Industries Agrees To Buy Georgia-Pacific
Deal for $13.2 Billion Puts
Industrial Conglomerate
On Consumer Fr [more] |
11.14.05
ST GOBAIN BOARD MEETS TO DECIDE HIGHER BPB BID
By Siobhan Kennedy and Marie Maitre
LONDON/PARIS (Reuters) - The board of French building materials maker Saint-Go [more] |
11.11.05
WORTHINGTON LAUNCHES DIETRICH CONSTRUCTION GROUP
Pittsburgh, PA - Worthington Industries WOR announced today the formation of Dietrich Construction Group to advance the [more] |
11.10.05
BPB REPORTS 17.4% NORTH AMERICAN EBIT/SALES & MORE
Mission Viejo, CA - Within their Interim Results and Bid Defence Presentation BPB reported that their North American bus [more] |
11.09.05
SAINT-GOBAIN EXPECTED TO INCREASE BPB BID TO 750p-800p
Mission Viejo, CA - With the European competition authorities expected to clear Saint-Gobain's hostile bid for BPB as ea [more] |
11.08.05
TOLL BROTHERS WARNING SPOOKS HOUSING EQUITIES
By SCOTT PATTERSON
A disappointing outlook from luxury-home builder Toll Brothers sparked jitters on Wall Stre [more] |
11.07.05
GP TO DOUBLE CAPACITY OF SAVANNAH, GA WALLBOARD PLANT
Atlanta, GA - The Georgia Pacific board of directors recently approved capital funding of more than $100 million for the [more] |
11.07.05
LAFARGE GYPSUM REPORTS 17.4% EBIT/SALES IN 3RD QTR.
Mission Viejo, CA - Within Lafarge North America (NYSE: LAF) results announcement earlier today it was reported that the [more] |
11.07.05
LAFARGE PROVIDES DETAILS OF SILVER GROVE, KY EXPANSION
Herndon, VA — Lafarge North America Inc. (NYSE & TSX: LAF), today announced that it will invest approximately $120 milli [more] |
11.06.05
SAINT-GOBAIN BID FOR BPB NOW DOWN TO PRICE
By : Ben Marlow
Saint-Gobain, the French building materials giant led by chief executive Jean-Louis Beffa, is e [more] |
11.04.05
UNEMPLOYMENT DROPS BACK TO 5.0% IN OCTOBER
Washington, DC - U.S. payroll employment showed signs of recovering in October from a destructive hurricane season, as h [more] |
11.01.05
EAGLE'S 29.3% EBIT/SALES HIGHLIGHTS LOW COST POSITION
Misison Viejo, CA - Within Eagle Materials (NYSE: EXP) results announcement it was reported that their consolidated gyps [more] |
10.31.05
BPB BUYS MEXICAN PLASTER BUSINESS
London, England - (Bloomberg) -- BPB Plc, the U.K. gypsum maker targeted for purchase by Cie. de Saint-Gobain SA, said i [more] |
10.31.05
IS SAINT-GOBAIN MOVING FOCUS FROM BPB TO PILKINGTON??
London, England (Reuters) - Shares in glass-maker Pilkington (PILK.L: Quote, Profile, Research) rose on Monday on specul [more] |
10.28.05
ARMSTRONG CEILINGS REPORTS 16.1% EBIT/SALES IN QIII
Mission Viejo, CA - Within Armstrong Holdings third quarter results announcement they reported that their Building Produ [more] |
10.28.05
CARAUSTAR STRUGGLES DESPITE SUCCESS OF JV OPERATIONS
Mission Viejo, CA - Despite a combined $9.6 million of equity income coming from Caraustar's 50% interest in the PBL pap [more] |
10.28.05
USG TO EXPAND JACKSONVILLE JOINT TREATMENT PLANT
Jacksonville, FL - United States Gypsum Company, a
subsidiary of USG Corporation (NYSE: USG), announced today that it [more] |
10.27.05
GP GYPSUM REPORTS HIGHER VOLUME & PRICES AGAIN IN QIII
Mission Viejo, CA - Within Georgia Pacific's (NYSE: GP) results announcment GP Gypsum reported 8.8% higher wallboard vol [more] |
10.27.05
NEW SINGLE FAMILY HOME SALES INCREASE 2.1%
Washington DC - New home sales rebounded at a faster-than-expected pace in September, as prices eased somewhat and the s [more] |
10.25.05
CONSUMER CONFIDENCE DOWN IN OCT AFTER BIG SEPT DROP
The Conference Board Consumer Confidence Index, which had plummeted in September, declined again in October. The Index n [more] |
10.25.05
L&W REPORTS VOLUME UP 12% AND EBIT/SALES OF 7.5%
Mission Viejo, CA - Within USG's latest results announcement it was reported that USG's L&W Supply distribution subsidia [more] |
10.25.05
US GYPSUM REPORTS HIGHER 20.3% EBIT/SALES IN 3RD QTR.
Mission Viejo, CA - Within USG Corporation's (NYSE: USG) results announcement United States Gypsum Company (U.S. Gypsum) [more] |
10.25.05
USG INTERIORS REPORTS ANOTHER 10.5% EBIT/SALES IN QIII
Mission Viejo, CA - Within USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide [more] |
10.20.05
LEADING INDICATORS DECLINE FOR THIRD MONTH IN A ROW
Leading Indicators Drop 0.7%Amid Increasing Energy Costs
DOW JONES NEWSWIRES
Higher energy prices, declining [more] |
10.19.05
GYPSUM ASSOCIATION REPORTS WALLBOARD DEMAND UP 5.6%
Mission Viejo, CA - The Gypsum Association recently reported that wallboard demand was up approximately 5.6% over last y [more] |
10.19.05
HOUSING STARTS UP 3.4% IN SEPT - STAYS OVER 2 MILLION
Washington DC - Home construction staged a surprising rebound during September after back-to-back declines and building [more] |
10.18.05
BPB FINALIZES SITE FOR NEW WEST VIRGINIA PLANT
Tampa, FL - BPB, a manufacturer and marketer of wall
and ceiling products throughout North America, today announced th [more] |
10.13.05
SAINT-GOBAIN MAY BE TAKE OVER TARGET OF U.S. FUNDS
Reported by: AFX News Limited
Paris, France - Saint-Gobain is being eyed as a takeover target by three US hedge f [more] |
10.07.05
UNEMPLOYMENT RISES TO 5.1% IN SEPT AFTER HURRICANES
The U.S. economy lost jobs in September for the first time in over two years as economic convulsions from Hurricane Katr [more] |
10.06.05
SAINT-GOBAIN OFFER FIRM FOR NOW, CONTESTS BPB DEFENSE
Paris, France - Saint-Gobain SA said it is sticking to its 720 pence per share offer for UK plasterboard group BPB PLC, [more] |
10.05.05
BPB INCREASES CASH PAYOUT TO SHAREHOLDERS AS EXPECTED
London, England By Miles Costello - BPB, the British plasterboard company defending a £3.6 billion hostile takeover offe [more] |
10.04.05
HOUSING PRICES LEVEL OFF OR FALL IN HOTTEST MARKETS
New York, NY By Danielle Reed (Dow Jones Newswires) -Housing market watchers can exhale. Prices in some of the nation's [more] |
10.04.05
LATEST EXPECTATIONS ON SAINT-GOBAIN BID FOR BPB
London, England, By Saeed Shah:
France's Saint-Gobain extended its £3.7bn bid for BPB yesterday, with analysts sa [more] |
10.03.05
SENATORS ASKED TO PREPARE FOR OCTOBER ASBESTOS VOTE
Washinton DC Reuters) - Leaders of the U.S. Senate Judiciary Committee have asked senators to prepare amendments in case [more] |
10.02.05
CONSTRUCTION SPENDING HITS RECORD HIGH IN AUGUST
Washington DC - The Commerce Department said Monday that construction spending soared 0.4 percent to a record high in Au [more] |
09.29.05
BPB INVESTORS UNITE TO OPPOSE CURRENT ST-GOBAIN OFFER
London, England - An overwhelming majority of BPB's shareholders have thrown their weight behind the British plasterboar [more] |
09.28.05
DIETRICH TEAMS UP WITH NOVA CHEMICALS
Pittsburgh, PA - Dietrich Metal Framing, a Worthington Industries Company WOR, is working with NOVA Chemicals Corporatio [more] |
09.27.05
CONSUMER CONFIDENCE DROPS 18% IN SEPTEMBER
Washington, DC - Hurricane Katrina and high oil prices dealt a huge blow to U.S. consumer confidence levels in September [more] |
09.27.05
NEW HOME SALES DROP 9.9% IN AUGUST
Washington, DC - New-home sales pulled back during August after three straight increases, sliding 9.9% to a seasonally a [more] |
09.26.05
DIETRICH METAL FRAMING ANNOUNCES ULTRASTEEL(TM) FOR FL
Columbus, OH - On September 22nd, Dietrich Metal Framing, a Worthington Industries company (NYSE:WOR) announced that it [more] |
09.21.05
DIETRICH REPORTS 4.9% EBIT/SALES IN LATEST QUARTER
Mission Viejo, CA - Within Worthington Industries, Inc. (NYSE: WOR) results announcement released today it was reported [more] |
09.20.05
HOUSING STARTS AND PERMITS DECLINE SLIGHTLY IN AUG
Washington, DC - Home construction fell a second consecutive month during August, and permits for future building also d [more] |
09.19.05
AWCI REPORTS STEEL PRICES COULD RISE BY 20%
Mission Viejo, CA - Katrina Could Drive Steel Prices Up
Within AWCI's website it is mentioned that Katrina could [more] |
09.18.05
STAKES HIGH FOR SAINT-GOBAIN IN BPB BID
London, England - Richard Wachman, The Observer
At last, St Gobain's hostile £3.7 billion bid for British buildin [more] |
09.16.05
CONSUMER CONFIDENCE PLUNGES 14% IN SEPTEMBER
Ann Arbor, MI - The University of Michigan's consumer-sentiment index dropped below 80 – a key level – in a mid-Septembe [more] |
09.15.05
INFLATION ADVANCES 0.5-0.6% IN AUGUST
Washington, DC - The consumer price index rose 0.5% in August, the Labor Department said, milder than Wall Street's expe [more] |
09.14.05
BPB EXPLAINS REASONS TO REJECT SAINT-GOBAIN BID
London, England - British plasterboard maker BPB PLC said Wednesday that a hostile 3.68 billion pound (euro5.5 billion; [more] |
09.14.05
BPB PLANS 45% GLOBAL WALLBOARD CAPACITY EXPANSION
Mission Viejo, CA - Within BPB's "circular" advising BPB shareholders to reject Saint-Gobain's acquisition offer, they s [more] |
09.14.05
GIBRALTAR AGREES TO ACQUIRE AMICO
Buffalo, NY - Gibraltar Industries, Inc. (NASDAQ: ROCK) today announced that it has signed a definitive agreement to acq [more] |
09.14.05
NATIONAL GYPSUM PLANT RECOGNIZED AMONG TOP PLANTS
Charlotte, NC (BUSINESS WIRE)IndustryWeek magazine today announced it has selected National Gypsum Company's wallboard p [more] |
09.14.05
PATRICK'S LUNG SELLS INTEREST TO TONTINE CAP PARTNERS
Elkart, IN - The Board of Directors of Patrick Industries, Inc. PATK (the "Company") today announced that Mervin D. and [more] |
09.07.05
STEEL PRICES MAY SPIKE DUE TO LIMITED RAW MATERIALS
The price of steel used to make cars, industrial equipment and possibably steel framing may rise by as much as 20% in co [more] |
09.06.05
ASBESTOS BILL MAY FIT INTO SENATE AGENDA IN OCTOBER
Washington DC Reuters) - The co-author of a bill to create a $140 billion asbestos compensation fund said on Tuesday he [more] |
09.04.05
SAINT-GOBAIN ''HOSTILE'' BID FOR BPB UPDATE
London, England - Those hoping for fireworks in the French bid for BPB have been dissappointed.
Saint-Gobain’s bi [more] |
09.02.05
DEALERS IMPLEMENTING OR INCREASING DELIVERY SURCHARGES
Mission Viejo, CA - It has been reported that a rapidly incrasing number of dealers across the country are either implem [more] |
09.02.05
EFFECTS OF KATRINA - GYPSUM, STEEL & CEMENT BOARD
Mission Viejo, CA - While our nation is appropriately focused on the human priorities of hurricane Katrina, the complex [more] |
09.02.05
POST-KATRINA BUILDING MATERIAL DEMAND MAY RISE SLOWLY
Chicago, IL - The destruction caused by Hurricane Katrina will lead to demand for building material products, but no maj [more] |
09.02.05
UNEMPLOYMENT DROPS TO 4.9% - 4 YEAR LOW
Washington DC - U.S. employers slowed the pace of hiring in August and dispensed smaller wage increases to workers, exte [more] |
08.31.05
BPB REJECTS SAINT-GOBAIN BID - SHAREHOLDERS NEXT
By Ben Harding
London, England (Reuters) - Plasterboard maker BPB reiterated its opposition to a 3.6 billion pound ho [more] |
08.30.05
CONSUMER CONFIDENCES RISES 1.9% IN AUGUST
Consumer Confidence Rises Amid Improved Job Market
By MICHAEL S. DERBY
DOW JONES NEWSWIRES
New York, NY - [more] |
08.30.05
FORMAL SAINT-GOBAIN OFFER FOR BPB COMING 8/31
London, England Reuters) - French building materials firm Saint-Gobain will launch its formal 3.68 billion pound hostile [more] |
08.30.05
LAFARGE MAY EXPAND SILVER GROVE, KY WALLBOARD PLANT
By Jon Newberry
Post staff reporter
Lafarge North America Inc. is proposing a $103 million expansion that would [more] |
08.28.05
SAINT-GOBAIN MAY NOT INCREASE BID/OFFER FOR BPB
Paris, France - Saint-Gobain, the French building materials group, will this week formally launch its long-awaited £3.68 [more] |
08.26.05
SAINT GOBAIN AND BPB MGMT SEEN FAR APART ON PRICE
Saint-Gobain, BPB Seen Far Apart On Price
London, England - Saint-Gobain and BPB management seen far apart on pri [more] |
08.24.05
NEW HOME SALES UP 6.5% IN JULY - STRONGER THAN EXPECTED
Washington DC - The Commerce Department today reported that sales of new single-family homes increased 6.5% to a seasona [more] |
08.24.05
SAINT-GOBAIN FINISHING FORMAL OFFER FOR BPB
Paris, France - LES grandes vacances — known in France asy as August — have been thoroughly miserable for staffers at Sa [more] |
08.23.05
BPB OUTLINES GYPSUM GROWTH VS. SAINT GOBAIN ACQUISITION
London, England - UK plasterboard maker BPB today outlined just why it would not accept Saint Gobain’s recent offer as i [more] |
08.20.05
TERMS OF SAINT GOBAIN LOAN TO PURSUE BPB REVEALED
London, England - BNP Paribas SA and UBS AG this week asked banks to join a 9 billion-euro ($11 billion) loan they’re ar [more] |
08.16.05
HOME DEPOT NET PROFIT RISES 14% TO $1.77B IN 2ND QTR.
Atlanta, GA - Home Depot Inc.'s fiscal second-quarter profit rose 14% and the company raised its earnings-per-share fore [more] |
08.16.05
HOUSING STARTS STILL STRONG, PERMITS RISE IN JULY
Washington DC - New residential construction fell slightly during July as groundbreakings declined in the South, but per [more] |
08.15.05
HOUSING MARKET BOOSTS LOWE'S PROFIT AND SALES GROWTH
Morresville, NC - Lowe's Cos. said its profit shot up 20% in the fiscal second quarter as the robust housing market prom [more] |
08.15.05
NATIONAL GYPSUM WINS INFORMATION TECHNOLOGY AWARD
Charlotte, NC - CIO magazine today announced National Gypsum Company as a recipient of its 2005 CIO 100 award. This yea [more] |
08.12.05
LITE-CRETE JOINS HACKER UNDERLAYMENT NETWORK
LITE-CRETE, LLC BECOMES NEWEST COMPANY TO JOIN HACKER INDUSTRIES’S NETWORK OF APPLICATORS
Newport Beach, CA – Co [more] |
08.12.05
SIGNS OF HOTTEST HOUSING MARKETS COOLING DOWN
The number of homes available for sale has increased sharply in some of the nation's hottest real-estate markets -- one [more] |
08.11.05
LKL OPENS NEW FACILITY IN ST. GEORGE UTAH
Salt Lake, UT - L.K.L. Associates, Inc., a specialty building material company, is pleased to announce the opening of it [more] |
08.10.05
FED RAISES RATES FOR 10TH TIME TO 3.5% FROM 1.0% LOW
Fed Raises Rates for 10th Time
As 'Measured' Pace Continues
Analysts Boost Estimates
Of How High Fed Will Go;
Prod [more] |
08.07.05
CUSTOMER CONCERNS EMERGE ON SAINT-GOBAIN BATTLE FOR BPB
London, England - The French building materials giant Saint-Gobain may face market abuse allegations that could delay or [more] |
08.05.05
NATIONAL GYPSUM HONORS DESIGNERS WITH ROCK AWARDS
Charlott NC - National Gypsum has announced the inaugural
winners of The 2005 Rock Award, honoring the architectural i [more] |
08.05.05
UNEMPLOYMENT 5% - 207M NEW JOBS ADDED IN JULY
Washington DC - U.S. employers accelerated the pace of job creation last month and dispensed the biggest wage increases [more] |
08.04.05
SAINT GOBAIN HOSTILE BID FOR BPB TO START AUG-NOV 2005
Paris, France - French building-materials maker Saint-Gobain SA said it will launch a hostile takeover bid, valued at £3 [more] |
08.03.05
NATIONAL GYPSUM PICKS HOLLY, NC SITE FOR NEW PLANT
Charlotte, NC – National Gypsum Company, a leading manufacturer of gypsum wallboard, announced today it will invest up t [more] |
08.03.05
OWENS CORNING REPORTS 10.6% EBIT/SALES IN 2ND QUARTER
Toledo, OH - Owens Corning (OTC: OWENQ) today reported financial results for the second quarter ending June 30, 2005.
< [more] |
08.03.05
SAINT-GOBAIN LAUNCHES HOSTILE BID FOR BPB
London, England: Saint-Gobain, the French group that has been circling its British rival BPB, Wednesday afternoon launch [more] |
08.02.05
ARMSTRONG CEILINGS REPORTS 14.3% EBIT/SALES IN 2ND QTR.
Mission Viejo, CA - Within Armstrong Holdings second quarter results announcement they reported that their Building Prod [more] |
08.02.05
EAGLE'S 27% EBIT/SALES = LOW COST IN STRONG INDUSTRY
Mission Viejo, CA - Within Eagle Materials (NYSE:EXP) results annoucement it was reported that their consolidated gypsum [more] |
08.01.05
CONSTRUCTION AGAIN LOWER IN JUNE - STILL HEALTHY
The Commerce Department said that construction spending fell for the fourth month in a row, the Associated Press reporte [more] |
08.01.05
SAINT GOBAIN COULD MAY MAKE ANOTHER OFFER FOR BPB
London, England - Saint Gobain, the French building materials group, may launch a new offer this week for Britain's BPB, [more] |
08.01.05
USG TO BUILD NEW WALLBOARD PLANT IN PENNSYLVANIA
United States Gypsum Company, a subsidiary of USG Corporation today announced plans to build a new gypsum wallboard manu [more] |
07.28.05
GP REPORTS GOOD WALLBOARD VOLUME & HIGHER PRICES AGAIN
Mission Viejo, CA - Within today's Georgia Pacific's (NYSE: GP) results announcement GP Gypsum reported 9.7% increase in [more] |
07.28.05
SAINT GOBAIN REPORTS 11.6% EBIT/SALES IN INSULATION
Mission Viejo, CA - Within France based building materials conglomerate Saint Gobain's first half 2005 results announcem [more] |
07.27.05
BPB PROVIDES UPDATE FOR APRIL-JUNE QUARTER
Mission Viejo, CA - Departing from their usual 6 month trading updates, BPB earlier today provided the market a trading [more] |
07.27.05
CARAUSTAR REPORTS WALLBOARD PAPER VOLUME UP 19.2% IN Q2
Mission Viejo, CA - Within Caraustar Industries (NYSE: CSAR) second quarter results announcement they reported their con [more] |
07.27.05
LAFARGE GYPSUM REPORTS 17.6% EBIT/SALES IN 2ND QUARTER
Mission Viejo, CA - Within Lafarge North America (NYSE: LAF) results announced earlier today it was reported that their [more] |
07.27.05
NEW HOME SALES RISE 4% IN JUNE TO ANOTHER NEW RECORD
Washington DC - Sales of new homes reached another record high during June, rising 4% to a seasonally adjusted annual ra [more] |
07.27.05
RISKY HOUSING MARKETS BECOMING RISKIER
Risky Housing Markets Becoming Riskier, According to PMI Mortgage Insurance Co.'s Summer Market Risk Index; Number of Ma [more] |
07.26.05
CONSUMER CONFIDENCE UNEXPECTEDLY DIPS 2.8% IN JULY
Mission Viejo, CA - July consumer confidence surprised most economists with a 2.8% decline in July after gains the last [more] |
07.26.05
L&W REPORTS RECORD WALLBOARD VOLUME AND 7.7% EBIT/SALES
Mission Viejo, CA - Within USG's latest results announcement it was reported that USG's L&W Supply distribution subsidia [more] |
07.26.05
US GYPSUM REPORTS 17.4% EBIT/SALES IN MARCH-JUNE QTR
Mission Viejo, CA - Within USG Corporation's (NYSE: USG) results announcement United States Gypsum Company (U.S. Gypsum) [more] |
07.26.05
USG INTERIORS REPORTS 10.5% EBIT/SALES IN 2ND QUARTER
Mission Viejo, CA - Within USG Corporation (NYSE: USG) latest results announcement it was reported that USG's Worldwide [more] |
07.25.05
BPB TELLS SAINT GOBAIN THAT INITIAL OFFER TOO LOW
Mission Viejo, CA - London papers are reporting that Saint Gobain, the French building-materials giant, will have to pay [more] |
07.25.05
EXISTING HOME SALES AND PRICES SURGE TO RECORD IN JUNE
Sales of existing homes set a new record in June with home prices shooting up at the fastest pace in nearly 25 years.
< [more] |
07.22.05
GLOBAL GYPSUM GIVES LATEST RECAP ON ST GOBAIN, BPB NEWS
From Global Gypsum Summary:
The Independent:
The French glass and building materials maker, Saint-Gobain, i [more] |
07.21.05
BUILDER CONFIDENCE INDEX EDGES DOWN IN JULY
Washington DC - The monthly survey of homebuilder attitudes on market conditions moved down two points in July, accordin [more] |
07.21.05
SAINT GOBAIN MAY MAKE CASH OFFER FOR BPB
LONDON (Reuters) - French glass and building materials maker Saint-Gobain (SGOB.PA: Quote, Profile, Research) confirmed [more] |
07.20.05
GREENSPAN SEES GROWTH, LOW INFLATION AND HIGHER RATES
Washington DC - Federal Reserve Chairman Alan Greenspan said Wednesday the U.S. central bank thinks the U.S. economy is [more] |
07.20.05
GYPSUM ASSOCIATION REPORTS YTD WALLBOARD DEMAND UP 4.5%
Mission Viejo, CA - The Gypsum Assocaiton has recently relesed data showing that total year to date wallboard opportunit [more] |
07.20.05
USG ASBESTOS CREDITORS SEEK CHAPTER 11 PLAN
WILMINGTON, Del. (Dow Jones)--Lawyers for people with asbestos claims against USG Corp. (USG) Monday asked for court per [more] |
07.19.05
HOME DEPOT TO BUY $1.5 BILLION WATER DISTRIBUTOR
Atlanta GA - Home Depot Inc., the world's largest home improvement retailer, said Tuesday that it agreed to acquire wate [more] |
07.19.05
HOUSING STARTS FLAT, PERMITS UP 2.4% IN JUNE
Washington DC - Housing starts didn't budge during June as construction rebounded in the South while dropping in the res [more] |
07.06.05
ALLIED ACQUIRES FOUR ADDITIONAL GYPSUM DISTRIBUTORS
Mission Viejo, CA - CRH plc in a recent press release stated that their U.S. Distribution Group, Allied Building Product [more] |
07.06.05
HWZ DISTRIBUTION GROUP ACQUIRES UNITED BUILDING SUPPLY
Cincinnati, OH - Effective July 1, 2005, United Building Supply (UBS) agreed to the sale of its assets to Cincinnati bas [more] |
06.30.05
HACKER ADDS 3 NEW LICENSED UNDERLAYMENT APPLICATORS
Newport Beach, Calif. June 30, 2005 Hacker Industries, Inc., the leading supplier of cementitious floor underlayment [more] |
06.28.05
CONSUMER CONFIDENCE HITS THREE YEAR HIGH
The price of oil fell from record levels Tuesday, giving stocks the all-clear signal to move higher after more than a we [more] |
06.27.05
LAFARGE SIGNS JV AGREEMENT FOR MEXICO WALLBORD POSITION
Mission Viejo, CA - On June 27th Lafarge announced that they have recently signed a Joint Venture agreement with majorit [more] |
06.24.05
NEW HOME SALES UP 2.1% IN MAY - 2ND HIGHEST EVER
Washington DC - Sales of new homes in May climbed to the second highest level in history, but the median sales price fel [more] |
06.23.05
JOHNS MANVILLE TO EXPAND INSULATION CAPACITY FURTHER
Denver, CO - Johns Manville (JM) today announced that
the next phase of its plan to expand its fiber glass insulation c [more] |
06.22.05
DIETRICH REPORTS 7.9% EBIT/SALES IN LATEST QTR
Mission Viejo, CA - Within Worthington Industries, Inc. (NYSE: WOR) results announcement released today it was reported [more] |
06.21.05
HOME DEPOT LOOKING TO EXPAND IN CHINA
SHANGHAI (Reuters) - Top U.S. do-it-yourself chain Home Depot Inc. is seeking to buy a stake in a Chinese peer for up to [more] |
06.20.05
RESIDENTIAL VALUE CONCENTRATES IN MAJOR METRO MARKETS
New federal housing data show that the nation's most overheated local housing markets now make up such a large share of [more] |
06.17.05
USG'S L&W ACQUIRES INDEPENDENT CHESAPEAKE DRYWALL SPLY
Mission Viejo, CA - USG's distribution subsidiary, L&W Supply Corporation, has apparently received approval of the bankr [more] |
06.09.05
HOUSING EXPECTED TO HIT ANOTHER RECORD IN 2005
Housing industry economists raised their forecast for home sales this year, noting that demand remains strong due to low [more] |
06.03.05
CONSTRUCTION ADDS 20M JOB IN MAY - UNEMPLOYMENT 5.1%
Employers brought on far fewer new workers last month than they did in April, as hiring in the service sector slackened [more] |
05.31.05
CONSUMER CONFIDENCE IMPROVES IN MAY
New York, NY -Consumer confidence levels surged in May as optimism over the job market rose, a private research group sa [more] |
05.27.05
ASBESTOS BILL PASSES COMMITTEE WITH SENATE FLOOR NEXT
Washington DC - Asbestos legislation that has split the business community limped forward Thursday, winning approval fro [more] |
05.25.05
NEW HOME SALES ROSE 0.2% IN APRIL
Washington DC - The Commerce Department said sales of new single family homes in the U.S. rose 0.2% in April from the mo [more] |
05.24.05
ASBESTOS SHARES SURGE ON HOPES OF SENATE RESOLUTION
Washington DC - Shares of companies with asbestos-related liability surged Tuesday on hopes that the apparent resolution [more] |
05.19.05
BPB ANNOUNCES 13.4% EBIT/SALES IN NA AND GROWTH PLANS
Mission Viejo, CA - Earlier today BPB released their preliminary results for the April '04 through March '05 fiscal year [more] |
05.19.05
FED STARTING TO SHOW CONCERNS ABOUT HOUSING MARKET
Washington DC - In the debate over whether the housing market is a bubble about to burst, the crowd that argues it isn't [more] |
05.19.05
USG'S L&W ACQUIRES INDEPENDENT RIVER CITY MATERIALS
Mission Viejo, CA - It has been announced that USG's distribution subsidiary, L&W Supply Corporation, has reached an agr [more] |
05.17.05
DEPOT & LOWES REPORT MORE SALES AND PROFIT GROWTH
Mission Viejo, CA - With their lastest January - March, 2005 reports out, it is clear that Home Improvement Retailers Ho [more] |
05.17.05
HOUSING BOOM CONTINUES; STARTS UP 11%, PERMITS UP 5%
Washington, DC - Housing starts rose 11% last month to a seasonally adjusted 2.038 million annual rate, the Commerce Dep [more] |
05.11.05
SENATE JUDICIARY MAY VOTE ON ASBESTOS BILL NEXT WEEK
New York, NY - Shares of companies facing large asbestos injury liabilities gained Wednesday on news the Senate Judiciar [more] |
05.10.05
SOME DISAGREE ON BENEFICIARIES OF ASBESTOS BILL
Washington, DC - U.S. asbestos companies could see a huge cut in their future liabilities under legislation being consid [more] |
05.06.05
CONSTRUCTION JOBS GROW BY 47,000 IN APRIL
Washington DC - Employers ramped up hiring in April, adding far more payroll jobs than economists expe |
