Irish Construction Expands For First Time In 6 Years

Homes Under Construction

This could work really well for someone. Matt Schroder, a spokesman for Owens Corning, said the Toledo, Ohio-based company doesnt comment on speculation when asked about the possibility of a sale or breakup. Pink Panther Owens Corning, which features the Pink Panther cartoon character to market its insulation products, emerged from bankruptcy in 2006. It has two primary businesses : a building materials unit that makes insulation and roof shingles, and a composites division that makes glass fiber used to manufacture those construction products as well as airplane parts and kayaks. The shares had climbed 3.5 percent this year through yesterday, about a fourth of the gain for the Russell 1000 Materials & Processing Index, after the company missed analysts earnings estimates in two of the last three quarters. Theyre a company with volatile businesses that have lots of ups and downs, Keith Hughes, an Atlanta-based analyst at SunTrust Banks Inc. (STI) , said in a phone interview. Theyre prone to international trends in composites and theyre prone to the weather — wind and hail and other storm damage in roofing. Cheaper Valuation The decline left Owens Corning trading yesterday at 0.88 times its $5.1 billion in revenue in the last 12 months.

Construction in Hong Kong to 2017: Market Forecast

Contact Center Solutions Interaction Analyzer™

Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here .

Reasons To Buy – This report provides you with valuable data for the construction industry in Hong Kong. – This report provides you with a breakdown of market value by type of construction activity (new construction, repair http://www.ihireconstruction.com and maintenance, refurbishment and demolition). – This report enhances your knowledge of the market with key figures detailing market values using the construction output and value http://www.ihireconstruction.com add methods. – This report allows you to plan future business decisions using the forecast figures given for the market. Key Topics Covered: 1 Introduction 2 Construction: Industry Analysis 3 Construction: Activity Breakdown 4 Commercial Construction: Category Analysis 5 Industrial Construction: Category Analysis 6 Infrastructure Construction: Category Analysis 7 Institutional Construction: Category Analysis 8 Residential Construction: Category Analysis 9 Appendix For more information visit http://www.researchandmarkets.com/research/qxg997/construction_in CONTACT: Research and Markets, Laura Wood, Senior Manager. press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Construction ( http://www.researchandmarkets.com/categories.asp?cat_id=49&campaign_id=qxg997 ) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE.

Housing prices fell by a half but have now started to rise again, particularly in Dublin where they have jumped 10 percent in a year, fuelling some concerns of a new bubble and calls to build more. The pickup in construction suggests Ireland’s economy is gaining momentum after emerging from its second recession in five years in the second quarter although it is expected to deliver virtually no growth this year. The Ulster Bank Construction Purchasing Managers’ Index rose to 55.7 from 49.7 in August, moving above the 50 line that divides expansion from contraction for the first time since May 2007. The sharp rise was driven mainly by expansion in construction of residential housing, which grew at its fastest rate since December 2005. Construction of commercial real estate also increased.

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