Some of the news over the past few days that we found interesting:
Report: UnitedHealth nears $1.5B acquisition
On Tuesday, July 27, 2010 National Business News - Local Business News | bizjournals reported that:
UnitedHealth Group Inc. is nearing a $1.5 billion acquisition of Executive Health Resources Inc., according to a report from Bloomberg Businessweek. (UNH) ....Read More By Visiting National Business News - Local Business News | bizjournals
U.S. housing market is more dynamic than first appears
On Tuesday, July 27, 2010 Reed Construction Data:News : US reported that:
To all appearances, the U.S. housing market is moving sideways. That is what several recent data releases suggest. June new home sales increased to 330,000 units from their cyclical low point of only 267,000 units the month before. However, this still left them at the same depressed level where they have been for most of the past year and a half. Meanwhile, the number of unsold single-family homes dropped another notch to set a new all-time low in June. Appearances aside, however, some dynamic changes in U.S. housing demand are underway.....Read More By Visiting Reed Construction Data:News : US
Construction Starts Stable in June
On Monday, July 26, 2010 Reed Construction Data:News : US reported that:
June construction starts increased 4.7% from the previous month. This is approximately stable activity after discounting for the usual small seasonal gain and allowing for a cut in residential starts when the June estimate is released by the Census Bureau.....Read More By Visiting Reed Construction Data:News : US
Construction industry drops 16 percent
On Monday, July 26, 2010 Construction News reported that:
Employment in Colorado's construction sector has dropped 16 percent in the last 12 months, to 111,800 in May, and 34 percent from its peak of 169,500 in June 2006.....Read More By Visiting Construction News