US NAHB calls for import tariffs on construction materials to be lifted

17th May 2021 12:45

(Sharecast News) - Homebuilder confidence in the US was steady in May despite growing concerns over the price and availability of most building materials, prompting calls for import tariffs on them to be lifted.

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US new home sales rocket in March

23rd Apr 2021 15:24

(Sharecast News) - New home sales in the States rocketed last month.

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US existing home sales undershoot forecasts in March

22nd Apr 2021 15:04

(Sharecast News) - Sales of second hand homes in the US undershot came in below forecasts in March due to a mix of higher prices, higher mortgage rates and a dearth of available supply.

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US new home sales drop sharply in February

23rd Mar 2021 15:10

(Sharecast News) - New home sales undershot economists' forecasts by an enormous margin last month.

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US existing home sales drop by more than expected in February

22nd Mar 2021 15:45

(Sharecast News) - Second hand home sales in the States fell more sharply than expected last month, but remained comfortably higher than a year ago.

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Canaccord raises target price on Ferguson

17th Mar 2021 10:49

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on plumbing and heating products distributor Ferguson from 8,900.0p to 9,100.0p on Wednesday, stating it now saw signs of more top-line life going into the second half of the trading year.

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Ferguson in $400m share buyback as H1 profits rise

16th Mar 2021 07:26

(Sharecast News) - Multinational plumbing and heating products distributor Ferguson reported a rise in half-year profits boosted by US demand and announced a $400m share buyback but also warned of second-half supply chain pressures.

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US existing home sales edge past forecasts in January

19th Feb 2021 15:21

(Sharecast News) - Second-hand sales of homes edged past forecasts last month.

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US housing starts slump in January, miss forecasts

18th Feb 2021 14:37

(Sharecast News) - Homebuilders in the US broke ground on fewer homes than expected in January.

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Ferguson gears up for spring debut on Wall Street

3rd Feb 2021 08:08

(Sharecast News) - Ferguson expects to start trading on Wall Street by March 2021, the British blue-chip plumbing group said on Monday.

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Ferguson investors set for windfall after £308m Wolseley sale

4th Jan 2021 07:02

(Sharecast News) - Ferguson shareholders are set to share in a cash windfall after the company said it was selling its UK-based Wolseley heating and plumbing distribution business to a private investment firm for £308m.

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Ferguson Q1 profits, revenue up on cautious outlook for 2021

8th Dec 2020 07:02

(Sharecast News) - Plumbing and heating products supplier Ferguson reported a rise in first quarter core earnings and revenue driven by a strong performance in the US and Canada as home improvements increased with the lifting of Covid-19 curbs.

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Existing home sales jump past forecasts in October

19th Nov 2020 15:58

(Sharecast News) - Sales of second-hand homes in the States jumped past forecasts in October.

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Thursday broker round-up

19th Nov 2020 13:38

(Sharecast News) - easyJet: Liberum upgrades to buy with a target price of 1,300p.

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Ferguson buys two US businesses

17th Nov 2020 14:12

(Sharecast News) - Plumbing and heating products distributor Ferguson has bought US-based heating, ventilation and air conditioning wholesale distributor Old Dominion and geotextile company Atlantic Construction Fabrics (ACF) for an undisclosed sum.

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