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Stock Market & Financial Investment News

News Breaks
December 12, 2011
09:06 EDTNX
theflyonthewall.com: Quanex sees 2012 home starts and window shipments flat
Stagnant R&R demand and new home starts, high levels of homes available for sale, and a tight credit market will continue to create a difficult housing environment, the company said. The company currently expects calendar year 2012 home starts and U.S. window shipments to be flat at 600,000 and 38M units, respectively. Quanex, however, remains positive on the long term prospects of its residential and commercial markets and will continue to invest in its future, the company said. :theflyonthewall.com



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