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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.
PPG says disruptions will impact Q3 sales
The paint giant points to supply shortages, logistics issues, and inflation in raw materials.
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.
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%.
New home sales tick upward in July
But the latest report shows sales lagging by more than 27% below the July 2020 estimate.
BlueLinx approves share repurchase program
The building products distributor looks to buy up to $25 million of its outstanding shares of common stock.
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.
ARA expects bigger gains for equipment rentals
Equipment rental revenue could increase by nearly 3.5% this year.
HBSDealer Stock Watch: Friday's update
Here's how hardware and building supply stocks performed on Aug. 14.
Bankrupt Katerra sells off factories
Mercer International and Volumetric Building Companies are buying state-of-the-art facilities in Washington and California.
Existing-home prices continue to spike
A lack of housing inventory and high demand are negating historically low interest rates.
Big buyback plan for Builders FirstSource
The nation’s largest pro dealer looks to repurchase up to $1 billion of its common shares.
Koppers reports Q2 results and CFO moves
CFO Michael Zugay is retiring and is being succeeded by Jimmi Sue Smith.
Masonite sales jump in Q2
North America residential product sales increase 29% for the quarter.
IRS releases new employee retention credit info
NLBMDA says the updated guidance addresses changes made by the most recent COVID-19 relief law
Builders FirstSource rides strong demand
Record Q2 includes merger-driven sales growth of 186.6%.
Beacon swings to a profit in Q3
Residential roofing product sales rise 18% for the period.
Central Garden & Pet sales rise high in Q3
The California-based supplier’s garden segment sales increase 42% in the third quarter.
Profits soar at BlueLinx in Q2
Structural product sales, including lumber, plywood and OSB, increased by $383 million in the second quarter.