International Business News - BLG 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 A group of construction workers from California, Arizona and Nevada have filed a lawsuit accusing one of the nation's largest home-building subcontractors of failing to pay proper wages. http://www.ibtimes.com/articles/20080923/big-construction-subcontractor-sued-over-wages.htm Tue, 23 Sep 2008 14:44:32 EDT Building Materials Holding Corp. said Thursday it fell to a loss in the second quarter, as the nation's housing industry continued to falter. The maker of building products said it lost $31.9 million, or $1.10 per share, during the three months ending June 30. That compares with a year-ago profit of $19.4 million, or 66 cents per share. http://www.ibtimes.com/articles/20080814/building-materials-falls-to-2q-loss.htm Thu, 14 Aug 2008 17:00:36 EDT Standard & Poor's Rating Services cut its rating on Building Materials Holding Corp. on Monday, citing concerns that the housing downturn will continue to hurt demand at the building products maker. http://www.ibtimes.com/articles/20080811/s-p-downgrades-building-materials-on-housing-slump.htm Mon, 11 Aug 2008 16:03:08 EDT Shares of Alliance One International Inc. took the steepest midday loss on the Standard & Poor's SmallCap 600 Index at midday Tuesday after the tobacco grower and processor reported its fiscal 2008 results. http://www.ibtimes.com/articles/20080701/s-p-smallcap-600-in-focus-aoi-blg.htm Tue, 01 Jul 2008 12:42:57 EDT Among the stock activity stories for Thursday, June 19, from AP Financial News: NEW YORK (AP)--Shares of coal producer Alpha Natural Resources Inc. finished lower Thursday, a day after an analyst raised his price expectations for the commodity and said the sector should boom through 2010. http://www.ibtimes.com/articles/20080619/movers-roundup-alpha-natural-china-southern.htm Thu, 19 Jun 2008 17:35:52 EDT Shares of Building Materials Holding Corp. touched a low Thursday as the housing and construction markets continue to be battered by the economic slump. http://www.ibtimes.com/articles/20080619/shares-of-building-materials-holding-touch-low.htm Thu, 19 Jun 2008 16:32:20 EDT The Standard & Poor's SmallCap 600 Index was little changed at midday Friday as other indexes were mixed following a government report that personal spending rose in April, but only to keep pace with rising costs. Oil prices, meanwhile, were flat. http://www.ibtimes.com/articles/20080530/s-p-smallcap-600-in-focus-pva-blg.htm Fri, 30 May 2008 13:26:44 EDT Building Materials Holding Corp. said Friday it is closing its millwork and building materials distribution facilities in Merced, Calif. and Bakersfield, Calif. amid the worse housing downturn in two decades. http://www.ibtimes.com/articles/20080516/building-materials-closing-two-calif-facilities.htm Fri, 16 May 2008 09:05:34 EDT Building Materials Holding Corp., a provider of building materials and construction services to professional builders and contractors, said Wednesday a subsidiary will shutter its residential framing and concrete operations in Tucson, Ariz., this summer as a result of the downturn in the housing market. http://www.ibtimes.com/articles/20080514/building-materials-holding-shutters-ariz-facility.htm Wed, 14 May 2008 16:56:19 EDT If it's not being built, they needn't come. The providers of everything from lumber and concrete to wallboard and kitchen sinks continue to struggle as residential construction contracts. http://www.ibtimes.com/articles/20080207/market-spotlight-building-materials.htm Thu, 07 Feb 2008 19:13:26 EST Standard & Poor's Ratings Services cut the credit rating on Building Materials Holding Corp. deeper into "junk" status after the company said it was seeking more flexibility in its borrowing agreements. http://www.ibtimes.com/articles/20080205/s-p-cuts-building-materials-ratings.htm Tue, 05 Feb 2008 09:39:39 EST Building Materials Holding Corp., a provider of construction services and building materials, said Monday it is in talks with lenders to temporarily waive certain conditions on its credit line. http://www.ibtimes.com/articles/20080204/building-materials-seeks-credit-waiver.htm Mon, 04 Feb 2008 09:46:18 EST As major small-cap indices officially entered a bear market, investors turned to larger companies whose international operations offset weak domestic results. However, certain fund managers and experts are still betting some small-cap stocks will survive the bedlam. http://www.ibtimes.com/articles/20080118/market-spotlight-small-cap-stock-plunge.htm Fri, 18 Jan 2008 18:12:25 EST