Builders FirstSource Announces Leadership Changes: Jackson as CEO, Beckmann as CFO
In a recent announcement, Builders FirstSource revealed that their current CFO Peter Jackson will take over as CEO starting...
Holcim Invests in Low-Carbon Cement Technology Startup Sublime Systems
In a move towards decarbonizing construction, Swiss building-materials giant Holcim has invested in low-carbon cement technology startup Sublime Systems....
Ferguson Enterprises Inc.’s Stock Dips Amid Housing Market Weakness
Ferguson Enterprises Inc., a distributor of plumbing, HVAC, and appliance products, saw its shares drop 2.5% in premarket trading...
Brickworks Reports Impairments Due to Lower Building Activity
In a recent announcement, building materials supplier Brickworks revealed that it will report impairments in its annual results later...
Cemex Sells Guatemalan Operations to Holcim for $200 Million
Mexican building materials giant Cemex has sold its Guatemalan operations to Holcim Group for around $200 million, as it...
Quanex Shares Surge on Strong Q3 Earnings and Rate Cut Optimism
Quanex Building Products' shares surged 12.6% in after-hours trading following better-than-expected third quarter results, with profit at $25.4 million...
GMS Shares Slide Amid Lower-than-Expected Profit and Revenue, Cost Cuts Announced
GMS shares plummet 6.3% as the company warns of persistent market pressures due to lower steel prices, leading to...
GMS Implements Cost Cuts Amid Challenging Market Conditions
In a recent announcement, GMS revealed that they've launched a $25 million annualized cost reduction program due to lower...
Grafton Group Launches Share Buyback Amid Lower Pretax Profit and Revenue
Grafton Group announces a share buyback of up to $39.6 million and reports a drop in first-half pretax profit...
Cemex Sells Dominican Republic Operations for $950M, Shifts Focus to Core Markets
Mexican building materials company Cemex announces a $950 million deal to sell its Dominican Republic operations to Cementos Progreso...