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LAF News

Lafarge Bids for North American Unit

The deal is worth $3 billion.

Stocks in Motion: Homestore

The online real estate company gets a $100 million investment from Elevation Partners.

Rising Tide Lifts Most Boats, Homebuilders

Bullish comments from Toll Brothers and Verizon's capex news help spur a broad rally.

Oil Isn't Only Constraint on the Economy

Higher prices for building materials and transportation bottlenecks also threaten growth.

Breaking News

Grim Intel Outlook Tied to Weak PC Demand

We stumbled ... we lost share ... we lost momentum," said CEO Pat Gelsinger.

Fed Inflation Gauge Eases To 4.4% In December As Spending Slumps

Personal spending fell most than expected in December, according to data from the Fed's preferred inflation gauge, helping price pressure ease over the final month of the year.

Hasbro Stock Slumps As Toymaker Cuts Jobs, Expects Weak Holiday Revenues

"While the full-year 2022, and particularly the fourth quarter, represented a challenging moment for Hasbro, we are confident in our Blueprint 2.0 strategy," said CEO Chris Cocks.