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Monday, July 15, 2013

07/15/13 The Raw Construction Industry News Feed

Comprehensive Real-Time News Feed for Construction.

  • SC lens on killer truck rods 2013-07-15, 08:11 pm
    ... on the unsafe transportation of protruding objects. According to petitioner and NGO founder Piyush Tewari, construction companies transport rods longer than vehicles, which cause them to protrude, either impaling others or causing vehicles to swerve ...
  • Prowler Tracks Puts An Array of Skid Steer Attachments on Sale 2013-07-15, 07:35 pm
    Prowler Tracks, one of the leading suppliers of high quality replacement parts for construction machinery in the US, is excited to announce that it is putting its wide selection of heavy-duty skid steer and compact track loader attachments on sale.
  • Ban plea on rod carriers 2013-07-15, 07:34 pm
    ... 4,68,800 injured in road accidents across the country. Petitioner and the NGO's founder Piyush Tewari said the construction industry, as well as individuals, have been transporting material that protrudes much beyond the body of vehicles, causing ...
  • Bonita Springs-based WCI announces new stock offering to public 2013-07-15, 07:30 pm
    ... it planned to use for general corporate purposes, including the acquisition and development of land and home construction. A registration statement for the securities has been filed with the U.S. Securities and Exchange Commission, but it hasn't yet ...
  • Old phone company site in downtown Omaha is becoming modern apartments 2013-07-15, 07:29 pm
    ... company's rapid expansion in the telecommunications industry and also helped usher in a time of corporate construction downtown. At the time the first brick was laid in the 1950s, the regional headquarters was heralded as downtown's first new office ...
  • Omaha store, Tilly, sues chain over use of similar name 2013-07-15, 07:28 pm
    In the Money Talks blog, The World-Herald shares the latest in Nebraska business and development, with behind-the-scenes notes from our Money team.
  • Emerging-Market Stocks Advance to One-Month High on Chinese GDP 2013-07-15, 07:13 pm
    Emerging-market stocks rose to the highest level in almost a month as China's economic growth met forecasts and the nation boosted foreign investor access to its markets.
  • UPDATE 2-Mexico sees $300 bln in infrastructure spending through 2018 2013-07-15, 04:20 pm
    ... chemical producer Mexichem and airport operators Gap, OMA and Asur are all potential winners. Shares in Mexican construction firm ICA, which is facing heavy debt and a weak cash position, rose more than 4 percent after the plan was announced. Both ...
  • Ingersoll Rand Appoints Industry Vet to Lead Spinoff 2013-07-15, 04:00 am
    ... Quanex, Petratis led the maker of engineered materials and components for building products through one of the construction industry's toughest economic periods. In addition, his team grew the company organically and through acquisition, creating ...
  • Warren Buffett News: Explosive Risk & Berkshire Hathaway Inc. 2013-07-15, 06:45 pm
    Editor's Note: Related tickers: Berkshire Hathaway Inc. , Burlington Northern Santa Fe, LLC , Canadian Pacific Railway Limited , Microsoft Corporation Students Can Now Help Warren Buffett Give $100K Away Through New Online Course With more than $100,000 of his sister's money burning a hole in his billionaire pockets, Warren Buffett is trying to ... (more)
  • Time For A Rebound In C&J Energy Services 2013-07-15, 06:45 pm
    As domestic oil surges above $100 and natural gas supplies drop below 5-year averages, now could finally be the time to own C&J Energy Services .
  • Potential Property Pitfalls at Lease Renewal Time 2013-07-15, 06:37 pm
    Most leases are complicated with numerous provisions that will impact operations.
  • Netherland, Sewell is planning to move its downtown Dallas office 2013-07-15, 06:31 pm
    ... that Cousins Properties is currently renovating. The petroleum-consulting firm joins Lockton Cos. and Turner Construction which are also planning to relocate to the 33-story office high-rise. Cousins Properties bought the building last summer at ...
  • Company recognized for hiring vets 2013-07-15, 06:30 pm
    ... you've done, and we thank your veterans for everything they've done," Beas said. Division 7 has done extensive construction work at Whiteman Air Force base near Knob Noster, as well as work at Ft. Leonard Wood. According to its website, Division 7 ...
  • Panama City skyline rises over the horizon as a ship is guided by... 2013-07-15, 06:18 pm
    PortMiami unveiled a clock Monday during a congressional symposium that counts down the years, days, hours, minutes and seconds before the expanded Panama Canal is completed in 2015.
  • Report: Browns close to stadium renovation plan 2013-07-15, 06:06 pm
    ... is one of our priorities," Banner said in a statement. "We have engaged Gensler architectural firm and Turner Construction to explore every opportunity to help us accomplish this through a potential renovation. This process is in the early stages so ...
  • Overton Square adds a new retail tenant 2013-07-15, 06:02 pm
    Alexandra Rushing , owner of Harbor Town boutique The Ivory Closet and Adel Amor Cosmetics, signed a 1,300-square-foot lease at the resurgent Midtown shopping area.
  • Introducing New Guru Meryl Witmer, Fund Manager and Berkshire Hathaway Director 2013-07-15, 05:54 pm
    Newest guru Meryl Witmer is a principal at New York-based investment firm Eagle Capital Management LLC, which she joined in 2001.
  • The forgotten heroines who built Waterloo Bridge: Historian reveals... 2013-07-15, 05:26 pm
    ... that records proving they rebuilding the bridge during World War II could have been thrown out when its construction company went into liquidation. Claims: A documentary on The Ladies Bridge claims that women did a substantial amount of the building ...
  • Weyerhaeuser Rating Reiterated by TheStreet 2013-07-15, 05:15 pm
    's stock had its "buy" rating reiterated by investment analysts at TheStreet in a note issued to investors on Monday, Analyst Ratings Network.com reports.

Wednesday, June 26, 2013

06/26/13 Comprehensive Real-Time News Feed for Construction


Thursday, April 18, 2013

Illinois unemployment rate holds steady at 9.5 percent

... services firms shed 5,800 jobs, leisure and hospitality businesses cut a net 4,900 jobs, and positions at construction companies were down 1,300 for the month. "Not just because it's high, but the hope was that last month was kind of an anomaly," he ...

http://napervillesun.suntimes.com/business/19574856-420/illinois-unemployment-rate-holds-steady-at-95-percent.html

Mario Gabelli - Active Trading LUFK, SUP, OMPI

According to GuruFocus Real Time Picks, GAMCO Investors' Chairman and CEO Mario Gabelli is actively trading this week, making three significant increases to his recently updated portfolio of 792 stocks, 41 of them new, with a total value of $13.6 billion, and a quarter-over-quarter turnover of 6%. Booming Oil Patch Loves LUFK - Major Gains Over the ... (more)

http://www.gurufocus.com/news/216850/mario-gabelli--active-trading-lufk-sup-ompi

Peabody Ignites Coal Trade

Peabody Energy turned in a better than anticipated Q1 result, and although it still ran at a $0.05 per share loss during the quarter, that was $0.09 better than consensus.

http://seekingalpha.com/article/1353061-peabody-ignites-coal-trade?source=feed

The most common job in Australia

... children. According to the Census figures the most common full-time job is technician and tradesperson in the construction industry. There are 333,298 people employed in the role, and 99 per cent of them are male. Richard Blandy, adjunct professor ...

http://www.news.com.au/business/your-business/whats-the-most-common-job-in-australia/story-fn9evb64-1226623537666?from=public_rss

Earnings on Tap: General Electric

General Electric is set to report first-quarter results Friday ahead of the bell, with the consensus estimate calling for $0.35 earnings per share compared with $0.29 per share reported in the corresponding period a year ago.

http://news.morningstar.com/articlenet/article.aspx?id=592781

Parks Department announces upcoming programming

Do you love water parks in the summer? The City of Oshkosh Parks Department is pleased to announce an exciting opportunity for those who love water! Purchase any new or renew any season pass to Pollock Community Water Park now through May 20, 2013, and you will receive four free Mount Olympus Waterpark passes, worth nearly $100! The Mount Olympus ... (more)

http://www.wisinfo.com/apps/pbcs.dll/article?AID=2013304180347

Renovating a Modern House in a Historic District

... Queen Anne, and Jacobethan-line the street. It was eventually nicknamed "Lumberman's Road" after the wood- and construction-industry tycoons who settled in. As history played out-the Great Depression, flight to the suburbs-the character of the ...

http://www.dwell.com/house-tours/article/renovating-modern-house-historic-district-kansas?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dwell%2Farticles+%28Articles+Feed+-+Dwell%29

Illinois Unemployment Holds At 9.5 Percent

... services firms shed 5,800 jobs, leisure and hospitality businesses cut a net 4,900 jobs, and positions at construction companies were down 1,300 for the month. "Not just because it's high, but the hope was that last month was kind of an anomaly," he ...

http://chicago.cbslocal.com/2013/04/18/illinois-unemployment-holds-at-9-5-percent/

Home Depot, Tractor Supply, Grainger Near New Highs

Three stocks in the group hold Relative Strength ratings of 90 or higher. That's just short of the four needed to provide an alternative gauge of strength, although , a wholesale maintenance supplies operation with a market capitalization of $17 billion, popped to a new high Tuesday, gapping up above a flat-base buy point of 234.05 in heavy trade.

http://news.investors.com/investing-ibd-industry-themes/041813-652467-building-supply-stocks-taking-new-highs.htm?ref=HPLNews

PPG chairman notes strategic progress, record financials during annual meeting

... innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global ...

http://www.pressreleasepoint.com/ppg-chairman-notes-strategic-progress-record-financials-during-annual-meeting

TEMECULA: Main Street Bridge comes down

Concrete tumbled to the earth Thursday, April 18, when Granite Construction crews tore down the old Main Street Bridge in Old Town Temecula to make space for a new bridge.

http://www.pe.com/local-news/riverside-county/temecula/temecula-headlines-index/20130418-temecula-main-street-bridge-comes-down.ece

Wagner Meters Draws a Crowd at Surfaces 2013 Conference in Las Vegas,...

... been recognized as the world leader in providing advanced moisture measurement and management solutions to the construction industry. We offer a variety of meters designed to measure pH and relative humidity for concrete installations. Learn more ...

http://www.prweb.com/releases/2013/4/prweb10616491.htm

The lumber products industry knocks on wood

... have been averaging +15%. Admittedly, there are also a couple of sour earnings surprises to report, too. Construction benefits directly from strong home construction volumes and rapidly improving home prices. Industrial, retail and commercial demand ...

http://money.msn.com/top-stocks/post.aspx?post=36779c54-5930-4f7f-9502-1b1563bf7bd3

CARTES America 2013 Exhibitor Profiles

... institutions and service bureaus. Furthermore, Otto Kunnecke has long-year experience in developing and construction of mailing systems as well as special machinery for the card industry. All systems are well established in the market and Otto ...

http://www.freshnews.com/news/787141/cartes-america-2013-exhibitor-profiles

Munger gives largest gift in U. Mich. history

A Los Angeles-based investor and philanthropist is giving a $110 million gift of stock to the University of Michigan - the largest donation in its history - for a graduate student residence hall expected to provide a strong selling point as the school competes for top students seeking advanced degrees, university officials announced Thursday.

http://www.wafb.com/story/22016204/munger-gives-largest-gift-in-u-mich-history

Transparency International-USA to Recognize Senator Richard Lugar,...

Transparency International-USA today announced that Former Senator Richard G. Lugar is to receive this year's TI-USA Integrity Award in recognition of his career as a strong proponent of transparency and accountability and sustained leadership on reforms to reduce corruption in the U.S. and internationally.

http://www.businesswire.com/news/topix/20130418006637/en

Financier Munger Makes Largest Gift In UM History, For Grad Hall

A new graduate student residence hall where students of different fields of study can more easily share ideas will be the product of the largest gift in the 196-year history of the University of Michigan.

http://detroit.cbslocal.com/2013/04/18/financier-munger-makes-largest-gift-in-um-history-for-grad-hall/

Read The Eerily Prescient Investigative Story That Forecasted The Texas Explosion

CPI Editor's note, April 18: An explosion Wednesday at a fertilizer plant north of Waco, Texas, killed between five and 15 people, authorities say, and injured more than 160.

http://www.huffingtonpost.com/2013/04/18/texas-explosion-investigative-story_n_3112600.html

PPG Chairman Notes Strategic Progress, Record Financials During Annual Meeting

... innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global ...

http://www.businesswire.com/news/topix/20130418006549/en

3 Deals Trade Poorly In Debuts After Pricing Well Below The Range

For the third time in as many months, three deals debuted on the same day. The February trio -- mortgage REIT Zais Financial at -6.1%, LP New Source Energy at -2.6%, and medical insurance provider Health Insurance Innovations at -2.1% -- performed poorly on their first day of trading.

http://seekingalpha.com/article/1352921-3-deals-trade-poorly-in-debuts-after-pricing-well-below-the-range?source=feed

Beazer Homes USA, Inc. to Webcast Its Second Quarter Fiscal 2013...

... largest single-family homebuilders. The Company's homes meet or exceed the benchmark for energy-efficient home construction as established by ENERGY STARA and are designed with flexible floorplan options to meet the personal preferences and ...

http://www.businesswire.com/news/topix/20130418006400/en

University Of Michigan Gets HUGE Gift

A Los Angeles-based investor and philanthropist is giving a $110 million gift of stock to the University of Michigan the largest donation in its history for a graduate student residence hall expected to provide a strong selling point as the school competes for top students seeking advanced degrees, university officials announced Thursday.

http://www.huffingtonpost.com/2013/04/18/charles-munger-university-of-michigan-donation_n_3111464.html?utm_hp_ref=business&ir=Business&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+HP%2FBusiness+%28Business+on+The+Huffington+Post%29

Arbor Day: More than just a day to plant trees

As spring emerges in Big Sky Country, with it comes the anticipation of summer vacations, farmers markets, gardening and enjoying the majesty of the great Montana outdoors.

http://www.charkoosta.com/2013/2013_04_18/Arbor_Day.html

Most actively traded companies on the TSX, TSX Venture Exchange markets

Eastern Platinum Ltd. . Miner. Down a penny, or 8.70 per cent, at 10.5 cents on 63.94 million shares.

http://www.brandonsun.com/business/breaking-news/most-actively-traded-companies-on-the-tsx-tsx-venture-exchange-markets-203673451.html?

University of Michigan gets $110M gift to build residence hall

... shed to match at the beach. To Be Built By Essex Homes/custom Quality At Production Built Price! Move Into New Construction On 10 Acres In 4-5 Months! 2700 Sf, 4br, 2-1/2 Bath, Kitchen W/granite & Birch Cabinets, Hardwood Flrs Inentryway & Powder ...

http://www.freep.com/article/20130418/NEWS06/304180166/1001/news

Berkshire's Munger gives U. Mich. $110 million

Berkshire Hathaway Vice Chairman Charles Munger is giving a $110 million gift of stock to the University of Michigan - the largest donation in its history - for a graduate student residence hall.

http://www.livingstondaily.com/usatoday/article/2094525

Oil-by-train may not be substitute for Keystone pipeline

WASHINGTON: The prospects for bringing large amounts of Canadian heavy crude oil into the United States by train is a contentious issue as the US government weighs whether to allow the controversial Keystone XL pipeline to go ahead.

http://www.dailytimes.com.pk/default.asp?page=2013\04\19\story_19-4-2013_pg5_32

N. California bridge bolt trouble noted years ago

... long, could increase the probability of internal micro-cracks, which wouldn't necessarily be caught by standard construction industry testing. -- Mistakes in heat-treating, which was repeated due to inadequate paperwork, could have introduced ...

http://www.salina.com/news/a0626-BC-US-BayBridge-BrokenR-1stLd-Writethru-04-18-1442-clone

WPL Publishing to Host Webinar on Subcontractor Default Insurance

The interactive program, which will take place April 25, is suited for a wide variety of professionals within the construction community, including owners, general contractors, subcontractors, attorneys, and surety professionals.

http://www.prweb.com/releases/2013/4/prweb10648320.htm

Berkshire's Munger gives U. Mich. $110 million

Berkshire Hathaway Vice Chairman Charles Munger is giving a $110 million gift of stock to the University of Michigan - the largest donation in its history - for a graduate student residence hall.

http://www.dailyworld.com/usatoday/article/2094525

PPG Chairman Notes Strategic Progress, Record Financials During Annual Meeting

... innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global ...

http://eon.businesswire.com/news/eon/20130418006553/en/PPG-Chairman-Notes-Strategic-Progress-Record-Financials

Transparency International-USA to Recognize Senator Richard Lugar,...

Fluor Corporation will be honored with TI-USA's Corporate Leadership Award for its contributions to combating corruption and demonstration of the elements of a world-class ethical culture.

http://eon.businesswire.com/news/eon/20130418006641/en/Transparency-International-USA-Recognize-Senator-Richard-Lugar-Fluor

Munger gives largest gift in U. Mich. history

This May 7, 2012 photo shows Charles Munger, vice-chairman of Berkshire Hathaway, during an interview in Omaha, Neb.

http://www.seattlepi.com/business/article/Munger-gives-largest-gift-in-U-Mich-history-4445543.php

Caterpillar Announces New Organization

Official OK for pellet plant excites Urania folks

Thirteen years after Urania's biggest employer shut down, construction is nearing on what could be the world's largest pellet mill.

http://www.klfy.com/story/22016153/official-ok-for-pellet-plant-excites-urania-folks

Tesoro Rating Reiterated by TheStreet

The analysts wrote, "Tesoro Corporation has been reiterated by TheStreet Ratings as a buy with a ratings score of B+. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels.

http://www.americanbankingnews.com/2013/04/18/tesoro-rating-reiterated-by-thestreet-tso/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Martin Marietta Materials Rating Reiterated by RBC Capital

Oil Services: Big Four are Best, Says Barclays

The large-cap oil services companies Baker Hughes , Halliburton , Schlumberger and Weatherford International have had an uninspiring year so far, with only the latter outperforming the market through yesterday's close.

http://blogs.barrons.com/stockstowatchtoday/2013/04/18/oil-services-big-four-are-best-says-barclays/?mod=BOL_hpp_latestticker

University to build new graduate housing complex on Central Campus...

At the University's Board of Regents meeting on Thursday, University President Mary Sue Coleman announced the construction of a new residence hall for graduate students.

http://www.michigandaily.com/news/university-build-new-graduate-housing-complex-central-campus

Oil Services: Big Four are Best, Says Barclays

The large-cap oil services companies Baker Hughes , Halliburton , Schlumberger and Weatherford International have had an uninspiring year so far, with only the latter outperforming the market through yesterday's close.

http://blogs.barrons.com/stockstowatchtoday/2013/04/18/oil-services-big-four-are-best-says-barclays/?mod=BOL_hpp_blog_stw

ICBC unseats US icon at top of Forbes list

... of mainland firms equals those of US enterprises. Each nation has four corporations among the top 10. China Construction Bank (0939) comes second, up from 13th last year. Agricultural Bank of China (1288) is eighth and PetroChina (0857) ties with ...

http://www.thestandard.com.hk/news_detail.asp?sid=39522997&art_id=133030&con_type=1&pp_cat=1

Ookala man receives award for helping save man's life

Willie Jardine was heading home from a class reunion at Laupahoehoe Point when he heard the news: a 20-year-old man who'd been playing Airsoft in an Ookala Mauka forest was missing.

http://westhawaiitoday.com/sections/news/local-news/ookala-man-receives-award-helping-save-man%E2%80%99s-life.html

Universal Forest Products Inc. (NASDAQ:UFPI), FuelCell Energy Inc....

University of Michigan gets $110M gift to build graduate student housing

The University of Michigan on Thursday announced the biggest single donation in its history, $110 million in securities to fund construction of an innovative residence hall for graduate students.

http://www.detroitnews.com/article/20130418/SCHOOLS/304180480/1026/rss06

Berkshire's Munger Gives Record $110 Million to U. Michigan

Charles Munger, vice chairman at Warren Buffett 's Berkshire Hathaway Inc. , has pledged $110 million of securities to the University of Michigan as part of an effort to build a graduate residence that will house students from multiple disciplines.

http://www.bloomberg.com/news/2013-04-18/berkshire-s-munger-gives-record-110-million-to-u-michigan-1-.html

ICBC tops list for the 1st time

... topped the 2013 Forbes Global 2000 list as the world's biggest public company for the first time. China Construction Bank leapt 11 places from last year to become No. 2 after ICBC in the Forbes list published yesterday. "The top two Chinese banks ...

http://www.shanghaidaily.com/nsp/Business/2013/04/19/ICBC%2Btops%2Blist%2Bfor%2Bthe%2B1st%2Btime/

Manitowoc Can Give A Portfolio A Lift

Manitowoc Company is a manufacturer of commercial foodservice equipment and industrial cranes.

http://seekingalpha.com/article/1352201-manitowoc-can-give-a-portfolio-a-lift?source=feed

Mid Atlantic BX Releases 2013 Construction Business Directory

Available online and in print, the 2013 Construction Buyers Guide includes contact information for contractors, subcontractors, suppliers, design firms and other construction-related businesses.

http://www.prweb.com/releases/2013/4/prweb10634998.htm

Lennar San Antonio Buys 287-acre Parcel in Johnson Ranch

... well as retirees. Our home plans demonstrate our commitment to our customers by showcasing outstanding new home construction and a dedication to excellence in homebuilding. For more information on Lennar, visit Lennar.com.

http://www.prweb.com/releases/2013/4/prweb10648311.htm

HCA's Milton Johnson named Partnership 2020 co-chairman

Milton Johnson, president and chief financial officer of HCA Holdings Inc. , has been named co-chairman of the Nashville Area Chamber of Commerce's Partnership 2020 committee.

http://www.bizjournals.com/nashville/blog/2013/04/hcas-milton-johnson-named-partnership.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_nashville+%28Nashville+Business+Journal%29

Wednesday, April 17, 2013

Analyst Moves: CAT, FRC

Caterpillar had its estimates and price target reduced by Jefferies as the firm expectes miner capital plans to continue their decline.

http://www.marketnewsvideo.com/story/201304/analyst-moves-cat-frc-cat-jef-frc-cs-Downgrades2041713/

Cat Footwear Launches Made in America Boot

Cat Footwear announced the brand's first ever American made boot. Handcrafted in the USA by skilled shoe makers, the Liberty work boot from Cat Footwear is built with a solid dose of American pride.

http://www.SportsOneSource.com/news/fbu/fbu_article.asp?section=8&Prod=5&id=46384

Taiwan welcomes mainland investment: SEF

... of the manufacturing industry, over 160 subsectors of the service industry, and 34 subsectors of the public construction industry, said Lin. Lin said he looks forward to the signing of a service trade pact under the Economic Cooperation Framework ...

http://www.chinapost.com.tw/taiwan/china-taiwan-relations/2013/04/18/376403/Taiwan-welcomes.htm

Rural Report for Northern Tasmania: Thursday 18th April 2013

... Tasmanian manager Brett Charlton. North Motton sawmiller, Barry Hill, is plugging a gap in the Tasmanian construction industry and doubling his production of glulam. Barry Hill says the collapse of Gunns and Tasmanian Timber Engineering have left a ...

http://www.abc.net.au/rural/regions/content/201304/3739562.htm

Wimpy Global Economy Will Drag On Freeport McMoRan's Earnings

... of the company's revenues are derived from copper, which is extremely sensitive to cyclical industries like construction and industrial machinery manufacturing. These industries in turn are heavily influenced by the macroeconomic sentiment and ...

http://www.forbes.com/sites/greatspeculations/2013/04/17/wimpy-global-economy-will-drag-on-freeport-mcmorans-earnings/

Proposed ordinance requires review of soil, water table data during the building permit process

... water table level. Davis says, "They can recommend relocation, recommend that the elevation be given, deny the construction of a basement, require sub-service drainage systems, require drainage systems around the exterior walls or require a system ...

http://www.wsbt.com/news/wsbt-proposed-ordinance-requires-review-of-soil-water-table-data-during-the-building-permit-process-20130417,0,382811.story?track=rss

Blocker succeeds Taylor

Adrian M. Blocker has joined Weyerhaeuser Company as vice president of lumber. Blocker's appointment follows Robert Taylor's planned retirement from the company in May.

http://msbusiness.com/blog/2013/04/12/blocker-succeeds-taylor/

Brian Rogers of T Rowe Price Buys 4 New Stocks, Including Apple in Q1

In the quarter ended March 31, 2013, T. Rowe Price's Brian Rogers purchased three new stocks for his fund: Apple , Western Union , Joy Global and Hospira Inc.

http://www.gurufocus.com/news/216778/brian-rogers-of-t-rowe-price-buys-4-new-stocks-including-apple-in-q1

Docs: Bridge bolt problems noted years ago

... - could increase the probability of internal micro-cracks, which wouldn't necessarily be caught by standard construction industry testing. - Mistakes in heat-treating, which was repeated due to inadequate paperwork, could have introduced ...

http://www.seattlepi.com/news/us/article/Docs-Bridge-bolt-problems-noted-years-ago-4441283.php

Fund plan to protect NSW building workers

... under reforms announced by the NSW government. The changes are the government's response to an inquiry into the construction industry after a string of high-profile firms collapsed leaving suppliers and subcontractors more than $1 billion out of ...

http://www.adelaidenow.com.au/news/breaking-news/fund-plan-to-protect-nsw-building-workers/story-e6frea7l-1226623141422

Most actively traded companies on the TSX, TSX Venture Exchange markets

... it is reviewing a possible downgrade of the giant gold miner's rating after a Chilean court last week halted construction at its $8 billion Pascua-Lama project due to environmental concerns. First Quantum Minerals Ltd. (TSX:FM). Miner. Down $1.60, ...

http://www.kamloopsnews.ca/article/GB/20130417/CP07/304179774/-1/kamloops/most-actively-traded-companies-on-the-tsx-tsx-venture-exchange&template=cpArt

U.S. Stocks Decline as Corporate Earnings Miss Analyst Estimates

... to $81.47. Sameer Rathod, an analyst with Macquarie Group Ltd., cut the rating on the world's largest maker of construction equipment to neutral from outperform, citing

http://washpost.bloomberg.com/Story?docId=1376-MLE5OS6JTSEL01-7HA7J88JB4E0QS64MRUL78O728

Mayoral candidate DeGroot unseats Mitchell in Germantown Hills

... of Germantown Hills. He was elected in 2009. Along with his brother, he is the co-owner of Mitchell Bros. Construction. Both candidates had put priority on bringing a grocery store back to Germantown Hills, a vacancy that has yet to be filled since ...

http://www.woodfordtimes.com/article/20130417/NEWS/130419722

Warrnambool tradies get a kick out of work safety

MORE than 100 Warrnambool construction workers made compensation claims for injuries sustained at work during the past five years, according to WorkSafe statistics.

http://www.standard.net.au/story/1439860/warrnambool-tradies-get-a-kick-out-of-work-safety/?src=rss

Universal Forest Products reports strong first quarter sales and earnings growth

... million. The company's manufactured housing segment showed a 42.6 percent sales growth while its residential construction segment grew by 43 percent. The commercial construction and concrete forming segment grew by 54 percent over the first quarter ...

http://www.mlive.com/business/west-michigan/index.ssf/2013/04/universal_forest_products_repo_6.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+oak_business_review+%28Oakland+Business+Review+-+MLive.com%29

Armstrong World Industries Lowered to Underperform at Zacks

... World Industries, Inc. (NYSE: AWI) is a global producer of flooring products and ceiling systems for use in the construction and renovation of residential, commercial and institutional buildings.

http://www.americanbankingnews.com/2013/04/17/armstrong-world-industries-lowered-to-underperform-at-zacks-awi/

Buffett Mocking Gold Sidesteps Slump as Berkshire Buys Stock

Investors including hedge-fund manager John Paulson faced losses this week as gold suffered its biggest rout in three decades.

http://washpost.bloomberg.com/Story?docId=1376-MLDFM21A74E901-3HI47SAL3MJQFQ1H5A8DNSLSGM

SNC-Lavalin agrees to 10-year ban from World Bank projects

... are confidential, SNC-Lavalin said in a release Wednesday it has agreed to be suspended from bidding on any construction projects that are backed by the World Bank for the next decade. SNC-Lavalin is embroiled in an ongoing scandal surrounding ...

http://www.cbc.ca/news/canada/story/2013/04/17/business-snc-lavalin.html?cmp=rss

Blockbusters: Philanthropist Glorya Kaufman Lists Star-Studded Mandeville Canyon Estate for $40MM

Making a splash on the market this week is a supersize compound with an impressive pedigree and Brobdingnagian price tag.

http://la.curbed.com/archives/2013/04/philanthropist_glorya_kaufman_lists_starstudded_mandeville_canyon_estate_for_40mm.php

How GE is boosting its oil and gas portfolio

Bill Snyder: Money-driven college football is 'in a bad place'

In comments made to The Star and Metro Sports before the KC Catbackers Club meeting Tuesday in Overland Park, and to KCSP in an interview aired Wednesday morning, Snyder said college football "was in a bad place." "We've allowed it to be TV-driven, and allowed it to become more important to a university than it should be," Snyder said.

http://www.freerepublic.com/focus/f-chat/3009000/posts

Docs: Bridge bolt problems noted years ago

... - could increase the probability of internal micro-cracks, which wouldn't necessarily be caught by standard construction industry testing. _ Mistakes in heat-treating, which was repeated due to inadequate paperwork, could have introduced ...

http://www.mymotherlode.com/news/state/ap/2653390/Docs-Bridge-bolt-problems-noted-years-ago.html

Chilmark Takes Up $8.1 Million Budget, Big House Rules Monday

... first of its kind on the Vineyard and represents a potential watershed moment, with potential impacts for the construction industry. The stated purposes of the new bylaw includes "to ensure that future residential development does not overwhelm ...

http://www.mvtimes.com/2013/04/17/chilmark-takes-up-81-million-budget-big-house-rules-monday-15184/

How to pick gold stocks in a falling gold price environment

BMO Capital Markets recent report entitled "Flight to Quality" is perfectly timed for investors who have had their emotions roiled by the latest down swing in the gold price.

http://www.northernminer.com/news/how-to-pick-gold-stocks-in-a-falling-gold-price-environment/1002232567/?ref=rss&ctid=1002232567

UFPI Reports Q1 Net Sales up 21 Percent over 2012; Net Earnings Improve 26 Percent

... to grow with the industry, and to enhance its success through its growing distribution business. Residential construction: $74.3 million, up 43.4 percent over the same period of 2012. Total housing starts for the three-month period of January to ...

http://www.businesswire.com/portal/site/topix/index.jsp?ndmViewId=news_view&newsId=20130417006364&newsLang=en&ndmConfigId=1000639&vnsId=41

Caterpillar Showcases More Than 70 Products at Bauma 2013

Caterpillar Inc. and its German dealer, Zeppelin Baumaschinen GmbH, are exhibiting the latest Cat machines, work tools and engines to thousands of visitors at the world's largest construction industry trade show, Bauma 2013.

http://rermag.com/postcards-bauma/caterpillar-showcases-more-70-products-bauma-2013

Caterpillar Forms Organization to Improve Customer Deliveries

... for large track-type tractors and regional manager. Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. To continue our ...

http://rermag.com/headline-news/caterpillar-forms-organization-improve-customer-deliveries

MN: Peterson Named Senior Engineering Manager for Parsons BrinckerhoffFrom: Parsons Brinckerhoff

In his new position, Peterson will be responsible for design and construction of rail projects in Minnesota and the upper Midwest, including light rail, streetcar, and freight rail.

http://www.masstransitmag.com/press_release/10922945/mn-peterson-named-senior-engineering-manager-for-parsons-brinckerhoff

Universal Forest Products reports strong first quarter sales and earnings growth

... million. The company's manufactured housing segment showed a 42.6 percent sales growth while its residential construction segment grew by 43 percent. The commercial construction and concrete forming segment grew by 54 percent over the first quarter ...

http://www.mlive.com/business/west-michigan/index.ssf/2013/04/universal_forest_products_repo_6.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+grpress+%28The+Grand+Rapids+Press+Latest+News+%7C+MLive.com%29

Routine video inspection turns up sewer main break in Calgary

... crews estimated that the repairs to all three mains would be completed in the afternoon of April 16. Reed Construction Data Canada's Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis ...

http://www.journalofcommerce.com/article/id54968/--routine-video-inspection-turns-up-sewer-main-break-in-calgary

Universal Forest

Universal Forest (UFPI): Q1 EPS of $0.26 beats by $0.2. Revenue of $554.5M (+21.3% Y/Y) in-line....

http://seekingalpha.com/currents/post/949521?source=feed

William Fouse: The Greatest Investor You've Never Heard Of

What's the greatest investment feat ever? Consider a neglected study from The Journal of Investing entitled, "The Greatest Return Stories Ever Told," which reports that a fund called BGI-TAA posted the best risk-adjusted returns from the period from 1977-2000. Yes, this dark-horse BGI-TAA bested Warren Buffett's Berkshire Hathaway, the Ford ... (more)

http://seekingalpha.com/article/1349101-william-fouse-the-greatest-investor-you-ve-never-heard-of?source=feed

Illinois governor: 'We don't need any advice from Gov. Perry'

The Chicago Democrat again defended Illinois' business climate on Wednesday as the former Republican presidential candidate announced that he's coming to Chicago this month to lure jobs to Texas and spurn competition between the states.

http://www.dallasnews.com/news/politics/state-politics/20130417-illinois-governor-we-don-t-need-any-advice-from-gov.-perry.ece

Genivar rebranding as WSP Global in bid to distance firm from Quebec corruption scandal

Quebec engineering firm Genivar Inc. is changing its name and adopting a new global corporate structure as it seeks to distance itself further from a corruption scandal rocking the construction industry in its home province.

http://www.canada.com/business/Genivar+rebranding+Global+distance+firm+from+Quebec+corruption+scandal/8255214/story.html

Other Bay Bridge bolts failed tests also

Tony Anziano, toll bridge program manager for Caltrans, shows a broken bolt from the Bay Bridge project at an oversight panel meeting.

http://www.sacbee.com/2013/04/17/5349845/other-bay-bridge-bolts-failed.html#mi_rss=Capitol%20and%20California

VICA and the Affordable Housing Scam

Day Street "Affordable Housing" in Tujunga Construction cost of individual units higher than that of single family homes "CEO" of non-profit makes more than a City Council member This just came over the wire.

http://mayorsam.blogspot.com/2013/04/vica-and-affordable-housing-scam.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MayorSamsSisterCity-HomeOfLosAngelesPolitics+%28Mayor+Sam%27s+Sister+City+-+Home+of+Los+Angeles+Politics%29

First look at Mortenson's planned 30-story apartment tower

This view is looking south along Marquette Ave. Mortenson Development's proposed 30-story apartment tower is next to a 26-story apartment tower that Opus Development is building .

http://www.bizjournals.com/twincities/blog/real_estate/2013/04/mortenson-30-story-apartment-tower-image.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+vertical_53+%28REITS+%26+Finance+Industry+News%29

Smaller Share of High School Grads Going to College

... 2007 and 2009, the college enrollment rate rose steadily to a record high of 70.1%. The implosion of America's construction industry, for example, meant fewer jobs for young men looking for work right out of high school. Now it appears some of these ...

http://blogs.wsj.com/economics/2013/04/17/smaller-share-of-high-school-grads-going-to-college/?mod=WSJBlog

SNC-Lavalin agrees to 10-year ban from World Bank projects

... are confidential, SNC-Lavalin said in a release Wednesday it has agreed to be suspended from bidding on any construction projects that are backed by the World Bank for the next decade. SNC is embroiled in an ongoing scandal surrounding improper ...

http://www.cbc.ca/news/canada/montreal/story/2013/04/17/business-snc-lavalin.html?cmp=rss

Weak Copper Prices Will Dull Freeport-McMoRan Earnings

... of the company's revenues are derived from copper, which is extremely sensitive to cyclical industries like construction and industrial machinery manufacturing. These industries in turn are heavily influenced by the macroeconomic sentiment and ...

http://seekingalpha.com/article/1348801-weak-copper-prices-will-dull-freeport-mcmoran-earnings?source=feed

Positive Weather News For Lawn And Garden Retailers

There is plenty of positive weather news for production and recreational agriculture across the central part of the U.S. this spring.

http://seekingalpha.com/article/1348821-positive-weather-news-for-lawn-and-garden-retailers?source=feed

Federal board responsible for investigating industrial accidents...

On April 2, 2010, an explosion at the Tesoro Corp. oil refinery in Anacortes, Wash., killed five workers instantly and severely burned two others, who succumbed to their wounds.

http://www.demingheadlight.com/ci_23039179/federal-board-responsible-investigating-industrial-accidents-fails-follow?source=most_viewed

Wednesday 4/17 Insider Buying Report: INO, FAST

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.

http://www.marketnewsvideo.com/story/201304/wednesday-4-17-insider-buying-report-ino-fast-ino-fast-Insiders2_041713/

James Hardie Industries SE Lowered to "Hold" at Deutsche Bank

... ardie Industries N.V. is a manufacturer of fibre cement products and systems for internal and external building construction applications in the United States, Australia, New Zealand and Philippines.

http://www.americanbankingnews.com/2013/04/17/james-hardie-industries-se-rating-lowered-to-hold-at-deutsche-bank-jhx/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AmericanBankingNews+%28American+Banking+News%29

Legal Fallout From CRE Bust Continues

... crash saw an onslaught of problems - from lenders defaulting on their mortgages, buyers pulling out of pre-construction contracts, and developers alleging lack of performance on the part of their subcontractors. What were some of the most common ...

http://www.jdsupra.com/post/documentViewer.aspx?fid=fcc0b8f4-eefc-455c-8fd2-8d97bd3a867d

US stocks decline on corporate earnings

U.S. stocks fell Wednesday, erasing the biggest rally in three months for the Standard & Poor's 500 Index, amid disappointing results by companies from Bank of America Corp.

http://www.telegram.com/article/20130417/NEWS/304178743/1237

SSI: Towable Sales Slow in February, Rise 3%

Year-over-year retail towable sales edged up 3.1% in February while registrations for the two months showed a 12.8% gain.

http://www.rvbusiness.com/2013/04/ssi-towable-sales-edge-up-3-1-in-february/

The waterfall countertop

... moisture content, and generally make the material more friendly for everyday use. David Getts has been in construction since 1979. He started his career building one-of-a-kind furniture pieces while studying under famed furniture maker, Tage Frid. ...

http://www.examiner.com/article/the-waterfall-countertop?cid=rss

Audley calls on Walter Energy to disclose expenses

Tough problems sought for data-analytics contest

There are $300,000 in prizes up for grabs in a new, two-year healthcare data-analytics contest, but first, the sponsors of the competition want healthcare providers and others to identify their knottiest data difficulties so future contestants will have some meaningful problems to solve.

http://www.modernhealthcare.com/article/20130417/NEWS/304179953

Tuesday, April 16, 2013

Demolition opens way for new aviation building at Stead

... our economy here progress for our kids and grandkids. We need to move forward and the opportunity is now." Q&D Construction of Reno will be the general contractor and President Norm Dianda said the project will employ 100 to 150 workers. He said he ...

http://www.rgj.com/needlogin?type=login&redirecturl=http%3A%2F%2Fwww.rgj.com%2Fapps%2Fpbcs.dll%2Farticle%3FAID%3D2013304160066%26nclick_check%3D1

This Man Took A Huge, Illegal Gamble On Apple And Lost $5 Million Of Other People's Money

Miller faces a maximum 25 years in prison when he is sentenced on July 8, but under a plea agreement he could receive a term of five to eight years.

http://www.businessinsider.com/this-man-took-a-huge-illegal-gamble-on-apple-and-lost-5-million-of-other-peoples-money-2013-4

Stocks advance on corporate earnings as housing starts jump

The Dow Jones Industrial Average, down 266 points Monday, gained 157.58 points to 14,756.78. The Nasdaq Composite Index rose 48.14 points to 3,264.63 and the S&P 500 Stock Index was up 22.21 points to 1,574.57. A report from the Commerce Department indicated new home construction in March rose by 7.0 percent to an annualized rate of more than 1 ... (more)

http://www.sddt.com/Commentary/article.cfm?SourceCode=20130416fbb&Commentary_ID=10&_t=Stocks+advance+on+corporate+earnings+as+housing+starts+jump

Strong Sales Prompt New Phase Release at William Lyon Homes' The Row at ThreeSixty

... 20 awards, more than any other builder at this event, in a diversity of top categories ranging from overall construction quality to an impressive selection of designs and amenities. Eliant is a leading provider of consumer research who surveyed more ...

http://www.sys-con.com/node/2619523

Morgan Sindall's A 64m GLA deal

... but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies The construction group Morgan Sindall has signed contracts with the Greater London Authority for a A 63.3m affordable housing scheme at ...

http://www.independent.co.uk/news/business/news/morgan-sindalls-64m-gla-deal-8575792.html

Scott Walker won't seek reelection to Port of Bellingham Commission

... the Bellingham International Airport terminal, especially the modernized baggage claim area that is now under construction. Walker's role in the ouster of former port executive director Charlie Sheldon angered many. In October 2011, about one year ...

http://www.bellinghamherald.com/2013/04/16/2969329/scott-walker-wont-seek-new-term.html#storylink=rss

Berkshire Gains Most Since January as Coca-Cola Stake Gains

Warren Buffett's Berkshire Hathaway Inc., the largest investor in Coca-Cola Co., jumped the most since January in New York trading on gains in the value of its stake in the soft-drink maker.

http://washpost.bloomberg.com/Story?docId=1376-MLD5DJ1A1I4H01-5S61LFBE79OROTB9P7AUBJH0UO

Finding the Next Steve Jobs

Nolan Bushnell and Gene Stone's new book, Finding the Next Steve Jobs: How to Find, Hire, Keep and Nurture Creative Talent tackles a daunting quest, but then again, Bushnell's not an ordinary guy himself.

http://blog.800ceoread.com/2013/04/16/finding-the-next-steve-jobs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+800ceoreaddailyblog+%28800-CEO-READ+Daily+Blog%29

Whirlpool Announces Results of Annual Shareholders Meeting

Whirlpool Corporation announced today the results of its annual stockholders' meeting, including the election of directors for the next year.

http://www.benzinga.com/news/13/04/3502373/whirlpool-announces-results-of-annual-shareholders-meeting

With Richard Fairfax Retiring, a Crossroads for OSHA?

... OSHA has taken to less formal means of addressing issues with the effects of its standards. For example, the construction industry has complained that provisions in the cranes and derricks standard addressing certification of crane operators contain ...

http://www.jdsupra.com/legalnews/with-richard-fairfax-retiring-a-crossro-21578/

Construction industry blasts immigration reform bill

Construction advocates blasted the U.S. Senate's immigration reform bill unveiled today, saying the proposal unfairly singles out the recession-battered industry at a crucial time when skilled labor, particularly in Arizona, already is scarce and demand for construction work finally is taking off.

http://www.bizjournals.com/phoenix/news/2013/04/16/construction-industry-blasts.html?ana=RSS&s=article_search&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_national+%28Bizjournals+National+Feed%29

Obituary: Bertram Rohman, 89, Metamora

Bertram J. "Spud" Rohman, age 89, of Metamora, died at 9:17 a.m. Sunday, April 14, 2013, at OSF Saint Francis Medical Center in Peoria.

http://www.woodfordtimes.com/article/20130416/OBITUARIES/130419751

Goldman Sachs: ROE In Weak Economy Bodes Well For Future Profitability

The investment banking business is all about client relationships, and the quality of the personnel of the institution.

http://seekingalpha.com/article/1345961-goldman-sachs-roe-in-weak-economy-bodes-well-for-future-profitability?source=feed

'Change-order artist' fights back

Construction magnate Ron Tutor, whose company wants to partner in building the first segment of California's high-speed rail system, returned fire on Tuesday at critics who say he has a history of cost overruns and expensive lawsuits.

http://www.utsandiego.com/news/2013/apr/16/ron-tutor-addressess-high-speed-rail-criticism/

Unions threaten to withdraw pension funds to protest replacement of Canadian workers

A group of B.C. construction unions is threatening to withdraw more than $1 billion in pension funds managed by the Royal Bank if the company doesn't stop replacing Canadians with Temporary Foreign Workers .

http://www.joconl.com/article/id54952

Berkshire Gains as Buffett's Coca-Cola Stake Rallies

Warren Buffett 's Berkshire Hathaway Inc., the largest investor in Coca-Cola Co.

http://www.bloomberg.com/news/2013-04-16/berkshire-gains-as-buffett-s-coca-cola-stake-rallies.html

Viracon Unveils New Logo and Corporate Branding

Apr. 16, 2013 - OWATONNA, Minn. -- OWATONNA, MN a As part of a corporate rebranding initiative, Viracon is pleased to introduce a new company logo - the third logo in the history of the 43-year-old organization.

http://www.prlog.org/12119901-viracon-unveils-new-logo-and-corporate-branding.html

bauma 2013: World's Most Advanced Diesel Power To Be Unveiled at Global Construction Expo in Munich

As the world's largest construction equipment exposition - bauma 2013 - gets underway this week in Munich, the most advanced innovations and achievements of clean diesel power for construction and mining equipment will be at the forefront.

http://www.paramuspost.com/article.php/20130416182720344

40 Million Clams for 48 Acres in Mandeville Canyon

SELLER: Glorya Kaufman LOCATION: Los Angeles, CA PRICE: $40,000,000 SIZE: 12,000 square feet, 13 bedrooms, 7.5 bathrooms YOUR MAMAS NOTES: Last night, whilst we perused some of the newest listings in and around Los Angeles we stumbled across a 48-acre compound tucked up in the L.A.'s Mandeville Canyon that's just popped up on the open market with ... (more)

http://realestalker.blogspot.com/2013/04/40-million-clams-for-48-acres-in.html