Content about Wall Street Journal

January 27, 2014

The Lumber Dealers Association of Connecticut honored their 2013 Lumber Person of the Year, Robert A. Kelly, at their 2013 Annual Banquet in November.

Kelly says it was a Wall Street Journal ad, promoting a lumberyard for sale, that first inspired him to join the industry and leave his government job during the Watergate era.

"Immediately, I had a vision of a horse-drawn wagon delivering rough-hewn beams to the docks and thought, 'That's for me,'" he told the LDAC.

December 13, 2013

The Home Depot's focus is moving from building new brick-and-mortar stores and toward building its online business in fiscal 2014. The move, among other things, will mean same-day shipping for its customers.

December 19, 2012

The shooting tragedy in Newtown, Conn., has prompted a call for stricter gun control laws, and Larry Stone, former president and chief operating officer at Lowe’s, weighed in on the debate in a Dec. 19 interview with the Wall Street Journal. 

December 18, 2012

A Chinese bank funding two huge Lennar Corp. housing developments has attached a condition to the loan, according to an article in the Wall Street Journal: Lennar must work with a Chinese state-owned contractor.

November 29, 2012

A Chinese investment company listed on the NYSE has launched the first of several planned multi-family developments in the United States, according to an article in the Wall Street Journal.

October 22, 2012

An Oct.

September 27, 2012

As the 2012 Pro Dealer Industry Summit (PDIS) prepares to convene in Savannah, Ga., the nation’s housing market sits on the precipice of a long-overdue recovery. The LBM industry has watched and waited, knowing that the bottom would eventually arrive. Recognizing — and responding to — that turning point will be the subject of several seminars and presentations on Oct. 25 to 26.

September 4, 2012

Daikin Industries,  a small presence in the U.S. air-conditioning market, has purchased Goodman Global for $3.7 billion, putting the Japanese firm just ahead of Carrier in the global HVAC business, according to an article in the Wall Street Journal.

Daikin is buying Goodman from a private equity firm named Hellman & Friedman, which paid $2.7 billion, plus the assumption of debt, to take the company private in 2007, the newspaper reported.

August 15, 2012

Wells Fargo is opening a new division that will focus on lending to regional and mid-sized builders, according to an Aug. 15 article in the Wall Street Journal. The loans are expected to finance small projects ($10 to $15 million) up to large corporate loans that can surpass hundreds of millions of dollars.

August 1, 2012

An opinion piece in today’s Wall Street Journal by Sen. Jim DeMint (R-S.C.) has prompted the Retail Industry Leaders Association (RILA) to issue a point-by-point refutation of the essay, entitled “No Internet Taxation without Representation.” 

August 1, 2012

An opinion piece in today’s Wall Street Journal by Sen. Jim DeMint (R-S.C.) has prompted the Retail Industry Leaders Association (RILA) to issue a point-by-point refutation of the essay, entitled “No Internet Taxation without Representation.” 

July 16, 2012

The battle over online purchasing and sales tax might be winding to a close as more Republican governors are dropping their opposition to a mandatory state tax on Internet sales. The turning point may have been in May, when New Jersey Gov. Chris Christie cut a deal with Amazon.com: Residents of New Jersey would pay a 7% sales tax on Amazon.com purchases, and the nation’s largest e-tailer would build two distribution centers in the state.

July 16, 2012

The battle over online purchasing and sales tax might be winding to a close as more Republican governors are dropping their opposition to a mandatory state tax on Internet sales. The turning point may have been in May, when New Jersey Gov. Chris Christie cut a deal with Amazon.com: Residents of New Jersey would pay a 7% sales tax on Amazon.com purchases, and the nation’s largest e-tailer would build two distribution centers in the state.

June 13, 2012

Stanley Black & Decker, the tools giant that made a splash with a blockbuster merger two years ago, is now attempting to sell a unit of its tool empire, according to an article in the Wall Street Journal.

The unit on the block includes Baldwin, Price Pfister and Kwikset brands, making builders hardware, door locks, bath fixtures and other home products. 

January 16, 2012

Transcripts unsealed from a May 2006 meeting of the Federal Reserve indicate some concern about the housing bubble and the use of “exotic” mortgages by home buyers, according to a Jan. 13 article in the Wall Street Journal. But Fed Chairman Ben Bernanke described the slowdown of the housing market “a healthy thing” and an “orderly decline” that posed little threat to the U.S. economy.

December 13, 2011

After a failed attempt at a merger, Martin Marietta Materials has launched a hostile $4.8 billion offer for its rival Vulcan Materials Co., according to the Wall Street Journal. The deal combines the two largest suppliers of construction aggregates -- one of the chief ingredients of concrete -- in the nation.

September 19, 2011

A probe of the hiring and wage practices of some of the nation’s largest home builders has widened to include the Internal Revenue Services and labor officials from nearly a dozen states, according to an article in the Wall Street Journal. 

September 15, 2011

Sears Holdings is looking for other retail outlets to sell its Kenmore-branded appliances, the Wall Street Journal reported. According to a LinkedIn job posting, Sears is searching for a chief marketing officer for its appliance line who will promote appliance purchases through “external groups” such as Costco. 

September 9, 2011

The federal government has begun an in-depth investigation of possible wage infractions in the residential construction industry, according to an article in the Wall Street Journal. 

August 31, 2011

Home-building businesses may be at risk for consolidation if home sales don’t pick up soon, according to an analysis by the Wall Street Journal.

June 27, 2011

An analysis published by the Wall Street Journal showed that the nation’s 10 largest mortgage lenders denied 26.8% of loan applications in 2010, an increase from 23.5% in 2009. 

June 15, 2011

Scotts Miracle-Gro, its sales hurting from the pullback in big-box expansion, is looking into new sources of revenues for its lawn and garden products. One of them, according to CEO Jim Hagedorn, is medical marijuana. 

“I want to target the pot market,” Hagedorn told the Wall Street Journal in an interview published June 14. “There’s no good reason we haven’t.”

May 18, 2011

The European Commission has launched an antitrust investigation of the world’s largest shipping lines over possible price fixing, according to an article in the Wall Street Journal. 

April 11, 2011

In an effort to recapture lost customers, Walmart will launch a promotional “It’s Back” merchandise campaign next month, according to an article in the Wall Street Journal. 

© 2014 Home Channel News. All Rights Reserved.