25.04.2013 - Housing market sprouting spring blossoms: CEOs
An ongoing rebound in the new home market is leading to better sales of building materials like roofing as well as new appliances, two CEOs told CNBC. "We had a great quarter in roofing," Owens Corning CEO Michael Thaman told CNBC's "Street Signs" on Wednesday. "We're seeing insulation, despite the fact that it's losing money, move back into profitability. And we think composites will begin to turn the corner in the second quarter and improve in the second half."..............................................Full Article: Source
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