CRH News

DUBLIN / ACCESSWIRE / January 2, 2020 / CRH plc is pleased to confirm that, as announced on 26 September 2019, Mr. Richie Boucher became Chairman of the CRH Board on 1 January 2020, succeeding Mr. N. Hartery ...

DUBLIN / ACCESSWIRE / February 28, 2020 / 2019 Full Year Results This document contains inside information Key Highlights Financial ·€4.2bn EBITDA, +25% ahead of 2018 (+7% LFL) ·€28.3bn sales, +6% ahead ...

Moody's Investors Service, ("Moody's") has today downgraded the corporate family rating (CFR) of the Dutch building materials distributor BME Group Holding B.V. (BME) to B3 from B2 and the probability of default rating (PDR) has been downgraded to B3-PD from B2-PD. Concurrently, the instrument rating on E700 million 1st lien senior secured term loan B (TLB), E280 million 1st lien senior secured term loan A (TLA) and E195 million 1st lien senior secured revolving credit facility (RCF) was downgraded to B2 from B1 while the rating on E218 million 2nd lien senior secured TLB was downgraded to Caa2 from Caa1.

Hedge fund behemoth Bridgewater has shown its hand in Europe with roughly $15 billion in bets against companies on the continent and in Great Britain, filings reviewed by Reuters show. The world's biggest hedge fund manager's short positions amount to more than $5.3 billion in France and $4.7 billion in Germany, while in Spain its shorts add up to almost $1.4 billion and $821 million in three Italian companies. Hedge funds engage in the practice of 'shorting' by borrowing a stock from an institutional investor, such as a pension plan, and selling it back at a profit when the price drops.

CRH plc (CRH) stock may be a good choice for value-oriented investors right now from multiple angles.

DUBLIN, IRELAND / ACCESSWIRE / February 28, 2020 / CRH plc, the leading building materials business in the world, announces that, as part of the Board's renewal process, Patrick Kennedy and Henk Rottinghuis ...

Broadly encouraging business conditions and improving Irish wages have also been pivotal in shaping up this economy.

DUBLIN / ACCESSWIRE / April 9, 2020 / As announced on 28 February, CRH plc, the global building materials group, has decided to change its reporting currency to US Dollar effective from 1 January 2020. ...

The current health emergency caused by the global spread of COVID-19 has significant implications for the economies and construction markets in which we operate, and we are following the advice and direction of the World Health Organization (WHO) as well as government and public health authorities across our markets. CRH continues to actively monitor the rapidly evolving situation and an extensive range of business continuity measures are in place across our operations globally. In an effort to slow the spread of the virus, governments around the world have implemented various restrictions on public gatherings, the movement of people and certain business activities.

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CRH (CRH) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018 as investors first worried over the possible ramifications of rising interest rates and the escalation of the trade war with China. The hedge funds and institutional investors we track […]

Strategic buyouts and new product launches bode well for Armstrong World (AWI).

The Zacks Analyst Blog Highlights: CRH, Grafton Group, Johnson Controls International and Ryanair

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

Higher demand in construction end-markets served helps United Rentals (URI) to post strong Q4 earnings and revenues. Yet, higher costs and expenses ail margin growth.

CRH completes latest phase of Share Buyback Programme DUBLIN / ACCESSWIRE / March 13, 2020 / CRH plc, the global building materials group, is pleased to announce that it has completed the latest phase ...

Re: 2019 Annual Report and Form 20-F, Notice of Annual General Meeting and Form of Proxy (the 'Documents') DUBLIN / ACCESSWIRE / March 6, 2020 / The 2019 Annual Report and Form 20-F, the Notice of the ...

Gibraltar's (ROCK) latest acquisition will strengthen its foothold in the horticultural markets.

DUBLIN / ACCESSWIRE / January 7, 2020 / CRH plc, the global building materials group, is pleased to announce that it has completed the latest phase of its share buyback programme, returning a further €240 ...