Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.69 percent. “This week, mortgage rates decreased to their lowest level in over a month,” said Sam Khater, Freddie Mac’s Chief Economist. “Despite just a modest drop in rates, consumers clearly have responded as purchase demand has noticeably improved. […]
Hooker Furnishings Reports Third Quarter Results Impacted By Multiple Charges
Hooker Furnishings Corporation (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, reported its fiscal 2025 third quarter operating results for the period beginning July 29 and ending October 27, 2024. Fiscal 2025 Third Quarter Overview Management Commentary “Despite the charges recorded in Q3 and […]
GMS Reports Second Quarter Fiscal 2025 Results
Continued Resilience in Wallboard Pricing Offset by Softening End Market Demand, Year-Over-Year Steel Price Deflation and Hurricane-Related Impacts Share Repurchase Authorization Renewed GMS Inc., a leading North American specialty building products distributor, reported financial results for the fiscal second quarter ended October 31, 2024. Second Quarter Fiscal 2025 Highlights (Comparisons are to the second quarter of […]
Kodiak Building Partners Acquires Liberty Doors and Windows, Strengthens Colorado Market Presence
Kodiak Building Partners, a leading building materials distribution company, announced the acquisition of Colorado-based Liberty Doors and Windows, a premier provider of high-quality doors, windows and millwork. This strategic partnership strengthens Kodiak’s position in the fast-growing Colorado market while preserving Liberty’s long-standing legacy of serving southern Colorado and the Mountain Region. Established in 1986, Liberty […]
Sonoco Completes Acquisition of Eviosys
Creates a Global Leader in Metal Food and Aerosol Can Manufacturing Advances Sonoco’s Portfolio Transformation Strategy Sonoco Products Company (“Sonoco” or the “Company”), a global leader in high-value sustainable packaging, announced the close of its acquisition of Eviosys, Europe’s leading food cans, ends and closures manufacturer, from KPS Capital Partners, LP (“KPS”). The transaction advances […]
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 29, 2024. This week’s results include an adjustment for the Thanksgiving holiday. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8 percent on a seasonally adjusted […]
FIFA Welcomes The Home Depot as Official Home Improvement Retail Supporter for FIFA World Cup 26™ in North America
The Home Depot to welcome the tournament to its backyard as an official tournament supporter Retailer will offer stadium and FIFA Fan Festival™ activations, supplier collaborations and hospitality, while engaging associates with volunteer opportunities The 2026 edition is set to be the most inclusive FIFA World Cup™ ever, featuring 48 nations and 104 matches across Canada, Mexico and the USA – […]
Paving the Way: Northern Super League Unveils Canadian Tire Corporation as Founding Partner to Kickstart New Era in Women’s Soccer
Landmark multi-year, multi-million-dollar partnership to support all six Northern Super League clubs Home Field Advantage program to enhance athlete experience both on and off the field ahead of inaugural Northern Super League season The Northern Super League, Canada’s first professional women’s soccer league, proudly announces Canadian Tire Corporation as a Founding Partner ahead of its inaugural season in April 2025. […]
Greif, Inc. Issues Fourth Quarter and Fiscal Year 2024 Earnings Release
Corrected fourth quarter 2024 net income, excluding adjustments, revised to $65.5 million and 2024 Class A diluted earnings per share, excluding adjustments, revised to $1.13 Greif, Inc., a world leader in industrial packaging products and services, announced fourth quarter and fiscal 2024 results. Fiscal Fourth Quarter 2024 Financial Highlights: (all results compared to the fourth quarter 2023 unless otherwise noted) Fiscal Year Results […]
US Lumber Brokers Expands Footprint in Texas as TimberTech’s Newest Stocking Dealer
US Lumber Brokers is proud to announce its latest partnership with TimberTech, becoming the newest stocking dealer in the Texas market. This strategic collaboration marks a significant milestone in US Lumber Brokers’ mission to expand its footprint and enhance its product offerings across the state. As a leading provider of high-quality lumber and building materials, […]