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HBSDealer Stock Watch
Here are the latest updates from Wall Street for hardware and building supply stocks.
Construction input prices continue to rise
Softwood lumber prices ascended 6.8% over the previous month and are up 83.4% from March 2020.
Strong demand pushes WD-40 sales ahead in Q2
Sales of maintenance products increased 13% in the second quarter.
HBSDealer Stock Watch
Live updates from Wall Street on hardware and building supply stocks.
BlueLinx pays off term loan
The $16 million payment was funded through the distributor’s revolving credit facility.
Lowe’s offering $2 billion in notes
Net proceeds from the notes will be used for general corporate purposes.
What’s in Biden's American Jobs Plan?
The package looks to overhaul the country’s infrastructure, including bridges and roads.
New home sales sink in February
The NAHB points to rising interest rates, supply shortages, and high lumber prices for the decline.
IBP acquires Intermountain
The Washington-based insulation installation provider operates six locations.
Builders FirstSource turns in banner Q4
Core organic sales at Builders FirstSource rose 15% for the period, excluding acquisitions and commodity impacts.
BlueLinx swings to a profit as sales surge
The distributor’s net income jumps by $30 million in the fourth quarter.
Quikrete Industry Dashboard
Massive annual gains on the Stock Roundup.
After several cuts, Senate approves American Rescue Plan Act
The $1.9 trillion COVID-19 relief bill heads back to the House for a final vote.
Hiring picks up by 379,000 jobs in February
Construction employment remains 308,000 jobs below its level from the prior year.
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