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Mortgage Applications Decrease in April 27th MBA Weekly Survey

Mortgage applications decreased 8.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (“MBA”) Weekly Mortgage Applications Survey for the week ending April 22, 2022. The Market Composite Index, a measure of mortgage loan application volume, decreased 8.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted […]

Canfor Implementing Plan to Achieve Net-Zero Carbon Emissions by 2050

Building on our comprehensive sustainability strategy announced in October 2021, Canfor Corporation (“Canfor”) is announcing the implementation of a comprehensive plan to achieve net-zero carbon emissions by 2050. To achieve net-zero, Canfor has developed near term science-based targets that include reducing the carbon emissions from pulp and wood products operations, which are defined as Scope […]

Blue Book Members: Use Automatic Updating Service for Alerts

Last week, we discussed how easy it is for Members to set up a Watchdog Group within Blue Book Online Services (“BBOS”). Now, let’s find out how you can use the Automatic Updating Service Watchdog Group, to monitor your key accounts and receive alerts. Every Blue Book Online user has an Automatic Update Service (AUS) […]

NVR, Inc. Announces First Quarter Results

NVR, Inc., one of the nation’s largest homebuilding and mortgage banking companies, announced net income for its first quarter ended March 31, 2022 of $426.1 million, or $116.56 per diluted share. Net income and diluted earnings per share for the first quarter ended March 31, 2022 increased 71% and 84%, respectively, when compared to 2021 […]

Graphic Packaging Holding Company Reports Strong First Quarter 2022 Results

Graphic Packaging Holding Company, (the “Company”), a leading provider of sustainable fiber-based packaging solutions to food, beverage, foodservice, and other consumer products companies, today reported Net Income for first quarter 2022 of $107 million, or $0.35 per share, based upon 309.7 million weighted average diluted shares. This compares to first quarter 2021 Net Income of […]

Allegion Reports First-Quarter 2022 Financial Results, Raises Full-Year 2022 Revenue Outlook, Reaffirms Full-Year 2022 EPS Outlook

First-quarter 2022 net earnings per share (EPS) of $1.05, compared with 2021 EPS of $1.18; First-quarter 2022 adjusted EPS of $1.07, down 10.8 percent compared with 2021 adjusted EPS of $1.20 First-quarter 2022 revenues of $723.6 million, up 4.2 percent on a reported basis and up 6.4 percent on an organic basis First-quarter 2022 operating margin of 16.2 percent, compared […]

L&W Supply Acquires DWS Building Supply

L&W Supply Corporation, a leading distributor of top-quality building materials and specialty products in the United States, announced today that it has acquired the assets of DWS Building Supply with two locations in El Paso, Texas, and one in Las Cruces, New Mexico. By acquiring DWS Building Supply, L&W Supply will increase its team of […]