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...“The marginal overall rise in total construction activity ended a six-month period of contraction,” said Tim Moore, economics director at S&P Global Market Intelligence....
...S&P Global’s construction purchasing managers’ index rose to 50.2 from 49.7 in February....
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 49.7 in February from 48.8 in January....
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...S&P Global’s Construction PMI index rose to 49.7 in February, well ahead of the 49 expected by analysts and just below the 50 level that separates expansion from contraction....
...What a difference. Jeffrey S Merrifield and his team at Pillsbury topped the energy transition category in the FT’s 2023 North America Innovative Lawyers Awards...
...The downturn in UK construction eased in December, according to a closely watched survey....
...S&P Global and Hamburg Commercial Bank’s Germany construction purchasing managers’ index for December showed a sector deep in contraction at the end of 2023 with a “bleak outlook” for 2024....
...One reason for the modest outlook, Buffett writes, is that his company is so big now — 6 per cent of the S&P 500’s total shareholders’ equity — that there are no companies in the US or abroad that are (a...
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes from peers, adding up to a total of $658bn, according to data from S&P Global....
...“I’ve always said I’d love to be president, but you’d have to anoint me, folks,” Dimon said, to laughter from the crowd....
...But over the past 10 quarters, net interest expense (that is, interest expense less investment income) among S&P companies has been steady and the recent trend is, if anything, up....
...“Often it’s as simple as there’s a solar site under construction or constructed and a neighbouring farmer just stops in there and asks questions.”...
...and studios,” the company said in a joint statement with Canal+....
...Shell alone has contributed almost a third of the FTSE 100’s gains in 2024....
...Meanwhile, state and local (S&L) government construction spending also fell 1 per cent in January, the first monthly decline since August 2022....
...But if you’d bought the dip each time a 25 per cent decline happened in the Brazilian, Italian, Hong Kong, Argentinian or Russian markets, you’d likely be cursing yourself....
...“A slump in housebuilding has cast a long shadow over the UK construction sector,” said Tim Moore, economics director at S&P Global Market Intelligence....
...The S&P Global/Cips UK construction purchasing managers’ index — a measure of monthly growth — fell to 45.5 in November from 45.6 the previous month....
...In recent weeks, more companies have hinted at early signs of a consumer slowdown. Costco shares have fallen 9 per cent since the company missed sales expectations in early March....
...— The Ruin of Mumbai (Asterisk) — Companies House is a giant fraud robot. Will the Economic Crime and Corporate Transparency Bill stop it?...
...In other words, a seemingly recondite, technical index construction issue explains a decent chunk of the Russell 2000’s long-term woes. But it doesn’t explain it all....
...The big one, of course, is interest rates, when they start to come down . . . we’d expect to see a more exuberant return to shopping.”...
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