construction posts
FeedPosted Mar 15th 2011 9:30AM by Connie Madon (RSS feed)
Filed under: Earnings Reports, Products and Services, Industry, U.S. Steel (X), Commodities
The crisis in Japan will require all sorts of construction materials for rebuilding destroyed buildings and factories. Steel is used in most construction projects. Here in the United States, U.S. Steel (X) is a dominant player.
Let's look at the company profile and earnings reports. "Based in Pittsburgh, the company operates mills throughout the Midwest, in Ontario, Canada, Serbia and Slovakia. The company makes semi finished steel, tubular and plate steel and tin products. Its annual production capacity is about 32 million tons of raw steel. The company's customers are from autos, chemical and steel service center industries."
Continue reading Will U.S. Steel Benefit as Japan Rebuilds?
Posted Dec 1st 2010 5:30PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

The shares of professional engineering/construction services provider URS Corporation (
URS), first discussed
on June 5, 2009 at a price of $51.56, have cleared the danger zone I wrote about
earlier this fall, so now would be a decent time to consider scooping-up some shares. URS should trade above $50 in 2011, according to my analysis
Look for URS to post a modest 2-3% revenue increase in 2010, followed by a 10-15% rise in 2011. Long-term, both federal government-related and private sector (industrial and commercial) work should gradually attract more institutional investors (IIs) back to the stock in 2011, after a portion of the less-patient IIs exited their URS position this year.
The Thomson Reuters First Call FY2010/FY2011 EPS estimates for URS
are $3.69 to $3.68. That FY2011 EPS estimate looks about 5% low, according to my analysis.
Continue reading Is URS Corp Undervalued?
Posted Aug 19th 2010 5:20PM by Paul Foster (RSS feed)
Filed under: Toll Brothers (TOL), Options, Delta Air Lines (DAL)

Toll Brothers (
TOL) closed down 50 cents to $16.60. TOL is expected to report Q3
EPS on August 25. September put option implied volatility is at 41, December is at 44; verses its 26-week average of 41, according to Track Data, suggesting non-directional near term price movement.
Delta Air Lines (
DAL) closed down 58 cents to $10.78. WTI Crude Futures are recently down 1.35% to $74.40 according to Bloomberg. DAL
call option volume of 11K contracts compares to put volume of 11K contracts. September put option implied volatility is at 52, December is at 57; near its 26-week average of 53 according to Track Data, suggesting non-directional price movement.
Update is by Stock Specialist Paul Foster of theflyonthewall.comPosted May 4th 2010 3:20PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Industry
Vulcan Materials (VMC) is currently trading in the red. It's very in the red, actually: at the time of this writing, shares were down $3.86, or over 6.5%, to $55.03. The markets are down today, of course, so that has to be taken into consideration; yet, of more importance is the first-quarter report that was released on Monday.
The maker of construction aggregates lost 35 cents per share from continuing operations versus losing 29 cents per share from continuing operations in the year-ago period. There was negative free cash flow during the quarter, too.
Continue reading Vulcan Materials Down After Q1 Report
Posted Oct 20th 2009 12:40PM by Michael Fowlkes (RSS feed)
Filed under: Forecasts, Consumer Experience, Housing, Recession
The Commerce Department reported Tuesday that housing starts rose a bit in September, helped by a rise in single-family home construction, but this bit of good news came with some bad news that applications for new home construction were down in the month.
According to the report, construction of new homes and apartments rose by 0.5% in the month, to an annualized rate of 590,000 units. While any growth for housing starts comes as good news in the current market, it is not as good as it appears at first glance, considering that analysts had been expecting to see the annualized rate increase to 610,000 units.
Continue reading Housing starts rose in September, but applications for new construction fell
Posted Sep 8th 2009 2:30PM by Sheldon Liber (RSS feed)
Filed under: Bad News, Rants and Raves, Market Matters, Economic Data, Workspace, Financial Crisis

Last Friday the market reacted favorably (or less negatively) to the latest report from the Labor Department's unemployment figures of 9.7 percent in August, as employers cut 216,000 jobs last month. The percentage is up but the raw numbers are trending down allowing for a sigh of relief on Wall Street with the major indices all up over 1%.
Many would argue that when it comes to the truth, the government is prone to favor aesthetic figures
instead o
f the straight data. I tend to agree with this view as the numbers appear sculpted to be the least offensive.
Continue reading Labor-less Day
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