International Business News - AMWD http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Companies that make building materials and products, many of which issue third-quarter reports next week, faced a deepening array of challenges in the latest three-month period, an analyst said. http://www.ibtimes.com/articles/20081015/ahead-of-the-bell-building-materials-makers.htm Wed, 15 Oct 2008 09:05:48 EDT Fresh evidence Wednesday that the nation remains gripped by a severe housing downturn hammered shares of building materials suppliers. The Commerce Department said housing construction dropped a surprise 6.2 percent last month to a seasonally adjusted annual rate of 895,000 units. That's the slowest building pace since January 1991, another period when housing was going through a painful correction. http://www.ibtimes.com/articles/20080917/building-materials-suppliers-off-on-housing-report.htm Wed, 17 Sep 2008 19:54:26 EDT Shares of companies that supply building materials were mostly higher Tuesday after the Federal Reserve left a key interest rate unchanged. The central bank said Tuesday it was keeping its target for the federal funds rate, the interest that banks charge on overnight loans, unchanged at 2 percent. http://www.ibtimes.com/articles/20080916/building-materials-stocks-edge-up-after-fed-moves.htm Tue, 16 Sep 2008 14:39:28 EDT Shares of building materials suppliers rose Monday on a host of factors that could hasten a rebound in the U.S. residential housing market. In Washington over the weekend, the Treasury department said it will effectively nationalize Fannie Mae and Freddie Mac, which together own or guarantee about half the nation's home loans. http://www.ibtimes.com/articles/20080908/sector-snap-building-materials-makers-post-gains.htm Mon, 08 Sep 2008 12:14:22 EDT Shares of American Woodmark Corp., a major kitchen cabinet supplier to Home Depot and Lowe's, fell Thursday after reporting a big fiscal 2009 first-quarter profit decline and after an analyst cut earnings estimates. http://www.ibtimes.com/articles/20080821/kitchen-cabinet-maker-american-woodmark-shares-off.htm Thu, 21 Aug 2008 11:30:16 EDT American Woodmark Corp., which makes kitchen cabinets for residences, said Tuesday its fiscal first-quarter profit tumbled more than 90 percent as anemic homebuilding and remodeling plus higher fuel prices offset lower expenses. http://www.ibtimes.com/articles/20080820/american-woodmark-profit-off-more-than-90-percent.htm Wed, 20 Aug 2008 07:40:02 EDT American Wooodmark Corp. said Wednesday its fiscal fourth-quarter profit slid partly due to overhead and freight costs as well as escalating gas prices as sales declined. http://www.ibtimes.com/articles/20080604/american-woodmark-4q-profit-dips-as-gas-costs-rise.htm Wed, 04 Jun 2008 07:26:31 EDT