- Grainger says April sales up 12 percent AP - Sat, May 12, 2012 8:57 AM NZST
W.W. Grainger Inc., a supplier of power tools and other industrial equipment, said Friday that its daily sales in April rose 12 percent from a year earlier.The company said that about 5 percent of the ...
- Louisiana-Pacific cuts loss, cites housing upswing AP - Tue, May 8, 2012 3:24 AM NZST
Louisiana-Pacific Corp. on Monday reported a narrowed first-quarter loss of $11.2 million and said its results show the housing market is finally on the upswing after a long slump.The building materials ...
- US company aims to treat Mexican radioactive waste AP - Thu, May 3, 2012 8:50 AM NZST
A waste management company has applied to the federal government for a license to import up to 500 tons of radioactive waste from Mexico to south-central Washington, where the waste will be incinerated ...
- Alleghany buys majority stake in tool maker AP - Thu, May 3, 2012 7:55 AM NZST
Property and casualty insurer Alleghany Corp. said Wednesday that it bought a majority interest in Bourn & Koch Inc., a privately held manufacturer and retrofitter of machine tools.Financial terms were ...
- AbitibiBowater 1Q profit falls on charges, costs AP - Wed, May 2, 2012 5:12 AM NZST
AbitibiBowater Inc., which makes paper and wood products, said Tuesday that first-quarter net income fell 23 percent as it incurred charges and dealt with seasonal softness and higher costs.The Montreal ...
- Sector Snap: Waste disposal companies plunge AP - Sat, Apr 28, 2012 8:02 AM NZST
Shares of big waste-disposal companies fell Friday after rising costs and falling commodity prices hurt the first-quarter results of two key industry players.Waste Management and Republic Services both ...
- Waste Management profit falls in Q1 as costs rise AP - Fri, Apr 27, 2012 5:02 AM NZST
Waste Management saw profit fell in the first quarter amid rising overhead costs and falling prices for the recycled commodities that the waste company collects.The results fell short of analysts' expectations, ...
- Mexico's Cemex pares 1Q losses on higher sales AP - Fri, Apr 27, 2012 2:12 AM NZST
Mexican cement giant Cemex says it pared its losses to $26 million in the first quarter of 2012 compared to a $229 million loss in the same time period last year.Cemex says sales increased in the first ...
- Hess settles clean air complaint in NJ AP - Thu, Apr 26, 2012 4:11 AM NZST
Federal regulators say Hess Corp. has agreed to spend more than $45 million in new pollution controls to resolve Clean Air Act violations at its Woodbridge, N.J. refinery.The company also will pay an $850,000 ...
- Halliburton objects to Gulf spill settlement AP - Wed, Apr 25, 2012 2:27 PM NZST
Cement contractor Halliburton is objecting to a proposed $7.8 billion settlement between BP and a plaintiffs group representing more than 100,000 victims of the 2010 oil spill in the Gulf of Mexico.Halliburton ...
- Illinois Tool Works 1Q profit slides, tops Street AP - Wed, Apr 25, 2012 2:05 AM NZST
Illinois Tool Works Inc.'s first-quarter net income dropped 22 percent as expenses rose, but its performance topped Wall Street's expectations.The industrial equipment maker also raised its full-year earnings ...
- Roper 1st-qtr profit rises on growth across units AP - Tue, Apr 24, 2012 3:08 AM NZST
Roper Industries Inc., a medical and industrial equipment maker, said Monday that its first-quarter net income rose 22 percent, helped by higher revenue across all of its business segments.The company ...
- Nanoparticles help cut leaching from treated wood AP - Sat, Apr 21, 2012 5:57 AM NZST
Researchers at Michigan Technological University are testing ultra-small particles as a way to keep pressure-treated wood from releasing toxins into the environment.Scientists at the campus in Houghton ...
- Wet weather eroding Boral's profits AAP - Fri, Apr 20, 2012 6:46 PM NZST
Shares in building materials producer Boral lost almost three per cent after it made a surprise cut to its full year profit guidance because of eastern Australia's big wet.Heavy rain has continued to hamper ...
- Bradken shares slump on profit drop AAP - Fri, Apr 20, 2012 6:24 PM NZST
Shares in industrial equipment maker Bradken plummeted after it cut its profit guidance due to increased costs and lower sales at its rail division.Bradken's shares lost 91 cents, or 10.8 per cent, to ...
- Shares lose ground by noon AAP - Fri, Apr 20, 2012 2:16 PM NZST
The Australian share market slipped into negative territory by noon as falls by insurance stocks and manufacturers outweighed higher energy stocks.Profit downgrades by building materials producer Boral ...
- Weak housing activity hits Boral profits AAP - Fri, Apr 20, 2012 1:22 PM NZST
Shares in building materials producer Boral are down almost three per cent after it made a surprise cut to its full year profit guidance.Heavy rain has continued to hamper house building activity, particularly ...
- Boral cuts profit guidance due to weather AAP - Fri, Apr 20, 2012 10:53 AM NZST
Building materials producer Boral has cut its full year profit guidance by $22 million due to the impact of heavy rain and weak housing activity on its operations.Boral had forecast net profit before significant ...
- Grainger 1Q profit jumps 19 pct on higher sales AP - Wed, Apr 18, 2012 6:41 AM NZST
W.W. Grainger Inc., a distributor of power tools and other industrial equipment, said Tuesday that its first-quarter profit jumped 19 percent, boosted by a double-digit sales increase.The earnings beat ...
- Huff Post has a new answer to critics: a Pulitzer AP - Tue, Apr 17, 2012 11:09 AM NZST
The Huffington Post has its Pulitzer.David Wood's 10-part series on the struggles of wounded American soldiers returning home from Iraq and Afghanistan, "Beyond the Battlefield," won the Pulitzer ...
- Copper prices rise on positive news from China AP - Fri, Apr 13, 2012 9:06 AM NZST
Copper prices rose 2.2 percent Thursday as positive news from China raised expectations that demand may strengthen for the industrial metal, which is used in everything from building materials to consumer ...
- Ronnie Wood: Rolling Stones to go into studio soon AP - Wed, Apr 11, 2012 12:43 AM NZST
Ronnie Wood says the Rolling Stones will meet in a recording studio later this month "to just throw some ideas around."The guitarist for the legendary rock group said Monday that he and the band ...
- Transpacific Industries to pay A$35M shareholder settlement BusinessDesk - Tue, Apr 10, 2012 10:06 AM NZST
April 10 (BusinessDesk) - Trans-Tasman waste management company Transpacific Industries has reached a A$35 million settlement with shareholders threatening a class action alleging breaches of disclosure ...
- RPM fiscal 3Q profit jumps on strong sales AP - Fri, Apr 6, 2012 12:56 AM NZST
RPM International Inc., the maker of Rust-Oleum, industrial coatings, sealants and building materials, said Thursday that its fiscal third-quarter profit was more than six time larger than a year earlier ...
- DEP OKs $725M in pollution controls for Pa. plant AP - Wed, Apr 4, 2012 3:17 AM NZST
The state Department of Environmental Protection has approved $725 million worth of pollution control equipment for a coal-fired western Pennsylvania power plant.The Homer City Generating Station is the ...
- Law allows expansion of Maine landfill AP - Tue, Apr 3, 2012 7:00 AM NZST
A central Maine landfill owned by Waste Management Inc. will be allowed to expand.Gov. Paul LePage on Friday signed a bill that allows the Crossroads Landfill in Norridgewock to pursue expanding onto 175 ...
- Texas Industries 3rd-quarter loss widens AP - Fri, Mar 30, 2012 12:08 AM NZDT
Texas Industries Inc.'s third-quarter loss widened, hurt by a change in taxes — the company's 10th-straight quarterly loss amid the country's real estate slump of the past several years.The cement and ...
- Desperate stories surround Alaska voucher plan AP - Thu, Mar 29, 2012 4:15 AM NZDT
A man living in Nunapitchuk was so sick of people stealing his heating oil, he put a bear trap next to his tank. The Hooper Bay city administrator says people have sawed off wood from unused, vacant public ...
- Quake-friendly wood firm gets first orders in Christchurch BusinessDesk - Tue, Mar 27, 2012 4:18 PM NZDT
March 27 (BusinessDesk) – Structural Timber Innovation Co, which makes engineered construction lumber able to stand up to earthquakes, has won its first two orders for buildings in Christchurch.
- Groups seek to force EPA to act on power plants AP - Fri, Mar 23, 2012 8:58 AM NZDT
Environmentalists are accusing the U.S. Environmental Protection Agency of dragging its feet on pollution controls for two coal-fired power plants on the Navajo Nation.The National Parks Conservation Association ...
- Savannah River Site debuts new green power plant AP - Wed, Mar 14, 2012 2:23 AM NZDT
Wood chips and old shredded tires could save the federal government around $1 billion over the next two decades, according to officials at the Savannah River Site in South Carolina.The nuclear science ...
- Company sued over Calif bone cement surgery deaths AP - Sat, Mar 3, 2012 12:46 PM NZDT
A medical firm and former executives convicted of running unauthorized clinical tests of bone cement are blamed in a lawsuit for contributing to the deaths of two elderly California women.The lawsuit was ...
- Louisiana-Pacific restates bigger 2011 loss AP - Tue, Feb 28, 2012 6:48 AM NZDT
Building materials maker Louisiana-Pacific Corp. said Monday that its full-year loss in 2011 was bigger than it initially reported earlier this month.Louisiana-Pacific lost $181.3 million, or $1.36 per ...
- Waste Management 4Q net income falls 5 percent AP - Fri, Feb 17, 2012 7:29 AM NZDT
Trash disposal company Waste Management Inc. said its fourth-quarter profit fell 5 percent from the year before on higher costs.The results beat analyst expectations, thanks in part to revenue from a newly ...
- Tenon buys Victorian manufacturing assets to tap Australia BusinessDesk - Thu, Feb 16, 2012 4:36 PM NZDT
By Hannah Lynch Feb. 16 (BusinessDesk) – Tenon, the NZX-listed company that sells wood mouldings in the US, has bought Australian manufacturing assets in a bid to expand its business outside North America....