Esteemed Business Leader and Community Champion, Passes Away It is with deep sadness that The Lester Group announces the passing of George W. Lester II, a prominent business leader and lifelong advocate for the Martinsville-Henry County community and the Commonwealth of Virginia where he has been long known as a pillar of leadership, excellence, and […]
Curtis Lumber Acquires JAY-K Independent Lumber Corp. in New Hartford, NY
Curtis Lumber is proud to announce the acquisition of JAY-K Independent Lumber Corp. in Oneida County, NY Curtis Lumber is excited to announce the acquisition of JAY-K Independent Lumber Corp., located at 8448 Seneca Turnpike in New Hartford, New York. JAY-K has served its local community for 87 years through three generations. Being familyowned and […]
Weyerhaeuser Reports Fourth Quarter, Full Year Results
Weyerhaeuser Company reported fourth quarter net earnings of $81 million, or 11 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $219 million, or 30 cents per diluted share, on net sales of $1.8 billion for the same period last year and net earnings of $28 million for […]
PPG Reports Fourth Quarter and Full-Year 2024 Financial Results
PPG reported financial results for the fourth quarter and full-year 2024. Fourth quarter highlights Full-year 2024 highlights Chairman and CEO Comments Tim Knavish, PPG chairman and chief executive officer, commented on the year and quarter: Throughout 2024, we demonstrated resilience in a challenging macro environment by growing our adjusted EPS by 6%, improving aggregate segment […]
Dorel Announces Major Home Segment Restructuring
Dorel Home adjusting to market realities Dorel Juvenile continues to gain market share and improve earnings Additional financing options being explored Dorel Industries Inc. announced a significant restructuring of the Home segment. This strategic move is part of the Company’s efforts to realign its business model to current and anticipated future industry dynamics and the […]
Freddie Mac: Mortgage Rates Show Little Movement
Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.95%. “The 30-year fixed-rate has hovered between 6% and 7% for most of the last two and a half years. That trend continued this week, with the average rate remaining essentially flat at 6.95%,” said Sam Khater, Freddie Mac’s […]
Tractor Supply Company Reports Fourth Quarter and Fiscal Year 2024 Financial Results
Tractor Supply Company, the largest rural lifestyle retailer in the United States (the “Company”), reported financial results for its fourth quarter and fiscal year 2024 ended December 28, 2024. Comparison period per share amounts have been retroactively adjusted to reflect the Company’s 5-for-1 stock split, effective December 20, 2024. “In 2024, our business performed well […]
NAR: Pending Home Sales Fell 5.5% in December
Pending home sales in December decreased 5.5% Compared to one month ago, pending sales declined in all four U.S. regions, with the West recording the largest drop Year-over-year, contract signings retreated in all four U.S. regions, with the Midwest showing the biggest reduction Pending home sales retracted 5.5% in December – following four consecutive months […]
Wabash Announces Fourth Quarter and Full Year 2024 Results
Wabash, a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, reported results for the quarter and full year ended December 31, 2024. For the fourth quarter of 2024, net sales were $416.8 million. Operating income was $3.6 million, or 0.9% of sales. Net loss attributable to common stockholders was $1.0 million, […]
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 24, 2025. This week’s results include an adjustment for the Martin Luther King holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.0 percent on […]