Thursday, September 10, 2009

Financial Indicators Point To A Recovering B&L Market

It would seem that the action in this short week of trading is focusing (at least somewhat) on the building materials market. Overall, the building materials index rose 4.6% as tracked by the S&P Market Tracker.

The idea that some building materials companies are attempting to "reinvent" themselves in this troubled economy is poising them to make substantial gains in a recovering economy. Investors seem to like this trend and are either investing in these companies or at least they're not selling them any more.

Another indicator seems to be the acquisition markets. Even though Cadbury managed to hold off the buy-out bid by Kraft, investor like to see the robustness of the attempt.

To read more: http://www.forbes.com/feeds/ap/2009/09/08/business-telecommunications-no-b-us-building-materials-sector-snap_6858937.html

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