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HBSDealer Stock Watch: Thursday sees plenty of gains

BY HBSDEALER Staff

Stocks in the industry saw solid gains on Thursday led by 3.21% increase for Fastenal and 2.04% rise for Trex. In the red were HBP, down 2.29%; BMCH, down 2.15%; and TSCO, down 2.07%.

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How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
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Poll results: let the sun shine

BY HBSDealer Staff

Many people view photographs of post-hurricane Puerto Rico and see destruction. Elon Musk, CEO of Tesla, also saw opportunity.

In a well-publicized Twitter conversation, the Puerto Rico Governor Ricardo Rossello expressed interest in the suggestion that the island territory could use an electrical makeover infused by Tesla’s solar power technology.

HBSDealer asked readers: Should Puerto Rico convert to solar energy? Here’s what we heard”

• 76% — Yes. The time is right for a great long-term investment.
• 24% — No. Solar power is way down the list of Puerto Rico’s priorities.

The poll remains open. Cast your vote by clicking here.

 

 

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How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?
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Houzz Stat: How much does a building permit cost?

BY Erin Carlyle, Houzz

More than half of homeowners — both first-time applicants and experienced ones — report paying $500 or less in fees for an approved permit.

A little less than one-fifth of each group reports paying between $501 and $1,000. And a small minority spends far more: 1 percent of first-time applicants and 3 percent of experienced ones say they pay more than $5,000 in total fees for an approved permit.

Continue reading the survey here.

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How much credit should be given to the co-op business model for the success of the independent hardware and building supply dealer over the last half century?