Financial

Mass timber giant Katerra files for bankruptcy

The mass-timber producer says funding dried up as a result of the pandemic.
Masco announces accelerated share repurchase agreement

The agreement is part of Masco’s existing $2 billion repurchase plan.

Cornerstone Building Brands selling Insulated Metal Panels business

The IMP business contributed approximately $335 million of Cornerstone’s sales.
NRF says retail sales will pass $4.44 trillion in 2021

Federation expects fastest economic growth since 1984.
NLBMDA outlines Biden's 2022 budget request

The latest package calls for $6 trillion in federal spending.
Toro sales jump in Q2

Residential segment sales rise more than 20% in the quarter.
Ace posts a record Q1

Co-op reports 51 new stores and a huge increase in ‘digital business.’
LP sales and earnings soar

First quarter OSB sales jump 145% for the building products manufacturer.
Builders FirstSource delivers big Q1

Now combined with BMC, the pro dealer giant posts big profits for the quarter.
Eagle sales soar in Q4

Cement, concrete, and aggregates sales rise 19% in 2021.
James Hardie sales soar in Q4

North American fiber cement sales jump 17%.
HBSDealer Stock Watch

Here are the latest updates from Wall Street for hardware and building supply stocks.
Weyerhaeuser profits spike in Q1

Wood product sales rise more than 22% as prices reach new levels.
IBP Q1 profits rise as acquisitions mount

In the last 12 months, Installed Building Products has completed acquisitions with over $160 million of annual revenue.