Edition:
India

Dominic Roshan KL

France's Saint-Gobain to buy U.S. firm Continental Building Products for $1.4 billion

13 Nov 2019

PARIS French construction material producer Saint-Gobain has agreed to buy U.S. company Continental Building Products Inc in a deal valued at $1.4 billion, which Saint-Gobain said would boost its earnings and profile in the U.S. market.

Whirlpool sales miss estimates as Latin America drags

23 Oct 2019

Whirlpool Corp on Tuesday reported quarterly sales below analysts' estimates, hurt by lower appliance sales in Latin America, sending its shares down 2% in trading after the bell.

Higher demand for cheaper homes powers Lennar's profit beat

03 Oct 2019

Lennar Corp's quarterly profit beat Wall Street expectations on Wednesday, boosted by cheaper borrowing rates and a focus on low-priced houses.

Chinese U.S. homebuying to hit 8-year low, says leading property site

23 Sep 2019

U.S. home sales to Chinese buyers are likely to drop to an eight-year low in the year ending next March as a prolonged Sino-U.S. trade war hits demand, according to estimates from Chinese real estate website Juwai.com.

Toll Brothers profit beat clouded by weakness in orders

21 Aug 2019

Toll Brothers Inc reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker demand for new homes.

UPDATE 3-Toll Brothers profit beat clouded by weakness in orders

21 Aug 2019

Aug 20 Toll Brothers Inc reported a better-than-expected quarterly profit on higher home prices, but its shares fell as orders declined, hinting at weaker demand for new homes.

D.R. Horton expects lower incentive spending to boost margins

30 Jul 2019

No.1 U.S. homebuilder D.R. Horton Inc on Tuesday said it expects lower incentive spending and strong buyer demand to benefit margins, sending its shares up about 6%.

UPDATE 3-D.R. Horton expects lower incentive spending to boost margins

30 Jul 2019

July 30 No.1 U.S. homebuilder D.R. Horton Inc on Tuesday said it expects lower incentive spending and strong buyer demand to benefit margins, sending its shares up about 6%.

Raytheon profit beats, raises full-year outlook

25 Jul 2019

U.S. weapons maker Raytheon Co on Thursday reported a better-than-expected second-quarter profit and raised its full-year profit and sales outlook, helped by higher sales of missiles and guns for naval ships, sending its stock up 3% premarket.

UPDATE 1-Raytheon profit beats, raises full-year outlook

25 Jul 2019

July 25 U.S. weapons maker Raytheon Co on Thursday reported a better-than-expected second-quarter profit and raised its full-year profit and sales outlook, helped by higher sales of missiles and guns for naval ships, sending its stock up 3% premarket.

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