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July 30, 2014

The latest World Drywall & Building Plaster study from The Freedonia Group puts global drywall demand at 10.4 billion square meters by 2018, indicating an annual growth rate of 5.8%. This stands in stark contrast to demand during the 2008-2013 period.

Freedonia analyst Allison Blackburn noted that the growth will largely ride on the back of the Chinese and U.S. market, where nearly three-quarters of new demand will be generated.

July 22, 2014

Shares of Trex (TREX) were up 5.28% on Tuesday after the stock was upgraded from hold to buy on an analyst upgrade.

July 8, 2014

Kathryn I. Thompson, CEO and director of research at the Thompson Research Group, brings over 15 years of experience to analyzing, modeling and advising investors on the construction material industry. 

Thompson will share her thoughts on the industry with the ProDealer Industry Summit, Oct. 28-30 at the Hard Rock Hotel in San Diego.  

March 21, 2014

Jerry Howard, CEO the National Association of Home Builders, will speak at the Spring Meeting & Legislative Conference. He will join Senator Ron Johnson (R-Wis.) at the Washington Briefing Breakfast April 1.

Howard has worked as a legislative analyst at the National Association of Realtors, the chief lobbyist for the National Council of State Housing Agencies, and tax counsel  for the NAHB. He was promoted to NAHB's executive VP and CEO in February 2001. 

March 14, 2014

According to a new ABI Research study, there will be over half a billion wireless smart home monitoring devices installed in homes worldwide by 2018.

“Combined, over 84 million contact and motion sensors will ship annually by 2018; however, it is smart plugs, smart door locks and connected smoke & CO detectors that will see the greatest shipment growth,” said senior analyst Adarsh Krishnan.

January 31, 2014

According to a new Freedonia Group study, U.S. demand for fiber cement products is expected to grow at an 8.5% annual rate, reaching 2.9 billion sq. ft. (valued at $2.2 billion) by 2017.

"Advances will be driven by a rebound in residential building construction spending, particularly in the new housing segment," explained Freedonia Group analyst Matt Zielenski. The study also highlights the role of fiber cement's "favorable aesthetic and performance properties."

December 26, 2013

Winona, Minn.-based Fastenal Co. said it expects to miss the average analyst net earnings expectations for the fourth quarter of 2013 of $0.36 per share.

The company listed three reasons for the miss. First is weakness in the heavy manufacturing component of the business. This weakness first appeared in late 2012, and intensified in recent months, the company said.

December 9, 2013

Port Washington, N.Y.-based The NPD Group reported that U.S. sales of non-electric housewares hit $5.6 billion in the 12 months ended September 2013.

While this is a slight uptick (+0.5%) from the previous year, it is a noteworthy shift after years of sales declines for the industry. 

December 5, 2013

The Census Bureau's delayed report on new housing sales was released yesterday, and it was worth the wait.

Sales of new single-family houses in October were at a seasonally adjusted annual rate of 444,000. That was better than analyst forecasts of 425,000 and up 25.4% from the September rate of 354,000. 

Compared with October 2012, yesterday's data shows new home sales up 21.6%. 

October 30, 2013

What happens when an analyst of Belus Capital Advisors visits Sears? The results aren’t pretty.

Brian Sozzi’s Oct. 21 article received much notice in the media. His article is titled: “Sears is vanishing from our minds, the shocking 18 photos that show why.” 

October 18, 2013

During a recent Goldman Sachs investor conference, analyst Matt Fassler described Tractor Supply as “one of the most unique differentiated growth stories in retail.”

That was the cue for CEO Greg Sandfort to share some of the Brentwood, Tenn.-based company’s insights into its large and growing brand of farm-and-ranch retailing. And he shredded a few myths of rural retailing in the process.

October 10, 2013

Jason Mora recently joined Versatex as a market development specialist. 

Based in Manchester, N.H., he spent the past three years building his skill set as a client service analyst with Mercer Investments of Norwood, Mass., and as a senior sales representative at Flagship Merchant Services, the transaction processing organization headquartered in Charlestown, Mass. 

June 24, 2013

Lumber Liquidators Holdings has been accused of selling products containing illegal levels of formaldehyde.

The claims came to light in a report posted on Seeking Alpha last Thursday by analyst Xuhua Zhou. 

May 22, 2013

Research from Port Washington, N.Y.-based NPD Group shows that in the 12 months ended March 2013, sales of home beverage appliances were more than $2.6 billion.

Home beverage appliances include home soda machines, single-serve coffeemakers, drip coffeemakers, espresso makers, countertop blenders, juice extractors, citrus juicers and tea makers.