Financial

Lowe's offering $2 billion in notes

Proceeds will be used for general corporate purposes.
Weyerhaeuser sets new strategic and ESG goals

The forest and building products manufacturer plans to organically grow lumber production by 5% annually.

HBSDealer Stock Watch: Friday’s numbers

Here’s how hardware and building supply stocks performed on Sept. 18.
HBSDealer Stock Watch: Monday's ticker

Here's how hardware and building supply stocks performed on Sept. 14.
Coalition opposes family business tax increases

The NLBMDA joins more than 100 organizations in rejecting estate tax hikes.
As lumber prices weaken, other construction costs jump

Some residential construction categories have seen 30% price increases this year.
NLBMDA continues to rail against tax increases

The association says burdensome one-size-fits-all mandates that will inhibit economic growth and t small businesses.
PPG says disruptions will impact Q3 sales

The paint giant points to supply shortages, logistics issues, and inflation in raw materials.
Job growth slows in August

Retail sees a decline including job losses in building material and lawn and garden stores.
Pending home sales slip in July

On a year-over-year basis, signings have fallen by 8.5%.
BlueLinx approves share repurchase program

The building products distributor looks to buy up to $25 million of its outstanding shares of common stock.
New home sales tick upward in July

But the latest report shows sales lagging by more than 27% below the July 2020 estimate.
NLBMDA opposes new tax hikes

The House takes a look at a $3.5 trillion budget resolution approved by the Senate.
Existing-home sales climb in July

Median prices have been on the rise for 113 consecutive months.