Construction News

“This higher offer underlines the regard which Enodis has built in the global food-service industry”

British restaurant equipment manufacturer Enodis PLC said Thursday it has accepted a rival $2 billion cash buyout offer from Illinois Tool Works Inc., after agreeing last month to be acquired for less by the ... via Chicago Tribune

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“I was stunned when I learned after the trial you are married to one of my biggest personal and political enemies from my years as a legislator.”

A former Alaska legislator convicted of taking bribes to push legislation for a major natural gas pipeline was sentenced Thursday to 3 1/2 years in federal prison. via Houston Chronicle

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The head of the Forest Products Association of Canada is predicting the current slump in his sector to turn around in a few years as demand for wood products soars due to growth in the world''s population and gross domestic product.

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Liverpool's new stadium was approved on Tuesday - for the third time in five years. via Daily Express

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Fluor Corp., the global engineering and construction giant with a large presence in Greenville, said Tuesday its board of directors has approved a 2-for-1 split of its soaring common shares. via GreenvilleOnline.com

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“There will be a hell of a mess in these derivative books eventually”

PASADENA, Calif. - Billionaire Charlie Munger said Wednesday investors should lower their expectations because the economic conditions many people used to build wealth over the past three decades aren't likely ... via Canadian Business Magazine

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Four employees were injured in an explosion that damaged a building products mill in Thomasville. via WIAT-TV Birmingham

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Beazer Homes received a default notice from the Bank of New York Trust Company National Association on April 30, according to a filing with the Securities and Exchange Commission. via Floor Focus

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“These programs are designed to reduce short term debt and fund capital expenditures solely from operating cash flow”

Tesoro Corp. posted a net loss for the first quarter of 2008 despite a $45 million pre-tax benefit from a legal settlement as the oil refiner's margins continue to be hammered. via San Antonio Business Journal

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“In our view, the most important prerequisite for an end to the macroeconomic malaise is an end to the home price downturn, and the news in this area has been not just bad but considerably worse than even we have anticipated.”

Published: May 6th, 2008 09:03 AM Last Modified: May 6th, 2008 09:03 AM Warren Buffett's comments on the investment outlook usually resonate, and those over the weekend were no exception: Panic in financial ... via Anchorage Daily News

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