Mixed Outlook for Retail Building Products Amid Coronavirus

The Building Products – Retail industry comprises U.S. home improvement retailers, manufactures of industrial and construction materials and distributors of wallboard and ceilings systems. Some of the industry participants also offer products and services for home decoration, repair and remodeling, and in-home delivery and installation services.

The industry players provide a wide array of products, ranging from cement or concrete foundation materials to roofing boards and shingles. The companies also sell lumber, insulation materials, drywall, plumbing fixtures, hard-surface flooring, lawn and garden, and decor products. Some players also deal in threaded fastener products, and manufactured and natural stone tiles. The industry players cater to professional homebuilders, sub-contractors, remodelers and consumers.

Let’s take a look at the industry’s three major themes:

  • The industry’s prospects remain closely tied to U.S. housing market conditions, and repair and remodeling (R&R) activity. The bleak near-term prospects of the housing market amid coronavirus-induced high unemployment and
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Home improvement projects to calm your mind.

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Spending time at home leads to noticing all the things you want to change. And maybe you should switch some things up: Did you know pursuing a mini-makeover can actually benefit your mental health? “A great way to manage stress when life is uncertain and scary is to take on a new project,” says Jennifer Hochman, Psy.D., a licensed clinical psychologist specializing in treating anxiety disorders. “It allows us to create new goals to focus on and gives us a feeling of accomplishment when tasks are complete.”

Especially if you have a lot of time on your hands, zeroing in sell your house fast jacksonville on a task can re-energize you. “It gives you a sense

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Moderna Stabilizes in Premarket, Lowe’s Soars on Strong Q1

By Geoffrey Smith 

Investing.com — Stocks in focus in premarket trade on Wednesday. Please refresh for updates.

Moderna (NASDAQ:MRNA) stock was down 0.7%, paring earlier losses, after the healthcare news site Stat warned that the company still needs to provide much more data before it can be confident that its experimental Covid-19 drug will work. Moderna placed nearly $1.4 billion in new stock at $76 apiece on Tuesday, with underwriter Morgan Stanley (NYSE:MS) also having a $200 million greenshoe option. Lowe’s Companies (NYSE:LOW) stock rose 5.7% after its quarterly numbers showed U.S. consumers leaning heavily on the home improvement store during lockdowns.  Earnings per share were nearly one-third above consensus at Enforced leisure time at home appears to have called the bluff of husbands who have been swearing for years that they’ll “get around to doing that some day soon.” Target (NYSE:TGT) stock rose 1.4% after it, too, reported strong

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Edited Transcript of USX earnings conference call or presentation 30-Apr-20 12:30pm GMT

Chattanooga May 7, 2020 (Thomson StreetEvents) — Edited Transcript of US Xpress Enterprises Inc earnings conference call or presentation Thursday, April 30, 2020 at 12:30:00pm GMT

U.S. Xpress Enterprises, Inc. – SVP of Corporate Finance & IR

* Eric A. Peterson

U.S. Xpress Enterprises, Inc. – CFO & Treasurer

U.S. Xpress Enterprises, Inc. – President, CEO & Director

* Scott H. Group

Good morning, ladies and gentlemen, and welcome to the U.S. Xpress First Quarter 2020 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to turn the call over to Mr. Brian Baubach, Senior Vice President, Corporate Finance. Please go ahead, sir.

Thank you, operator, and good morning, everyone. We appreciate your participation in our first quarter 2020 earnings call. With me here today are Eric Fuller, President and Chief Executive Officer; and Eric Peterson, Chief Financial Officer. As a reminder, … Read More

7 Ways to Enjoy the Outdoors at Home

In this current moment when many of us are staying home, one of the best remedies to help alleviate some of the stress is to head outside and get some fresh air – preferably at least six feet or more away from your neighbor. If you’re lucky enough to have an outdoor space, whether you have a sprawling backyard or a smidgen of a patio, make the most of it with these seven ideas for improving your outdoor area.

Curate an outdoor lounge space

Had to cancel a beach vacation you planned for spring break or summer? Set up an outdoor lounge space on your patio or in the yard to give your outdoor space a tropical feel. You can either scour the internet for lounge chairs, chaise lounges, hammocks and outdoor sectionals, or create your own, like a one-of-a-kind outdoor lounge bed. All you need to complete this project

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Texas to lift some virus-linked restrictions, restart business in phases: governor

HOUSTON (Reuters) – Texas will allow its coronavirus stay-at-home order to expire and begin re-opening businesses including restaurants and retail stores in phases beginning on Friday, state Governor Greg Abbott said.

The first business reopenings will require safe practices including limiting the number of people allowed into stores, movie theaters and malls to 25% of their licensed capacity, Abbott said on Monday. A second phase of openings could begin two weeks later.

“We want to reopen as quickly and as safely as we can,” said Abbott, citing the use of capacity limits that match those now in use at grocery and home improvement stores in the state.

The second phase of the openings will depend on the status of the outbreak in Texas over coming days. If infection rates continue to decline, the state could allow up to 50% capacity limits on May 18.

The state’s number of new infections

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