Analyst Research on Fastenal and MDU Resources -- Doubts Still Persist in the General Building Materials Industry
August 04 2010 - 9:33AM
Marketwired
www.stockcall.com/ offers investors comprehensive research on the
general building materials industry and has completed analytical
research on
Fastenal Co. (NASDAQ: FAST)
and MDU Resources Group Inc. (NYSE: MDU).
Register with us today at www.stockcall.com/ to have free access to
these researches.
Raw steel, diesel and lumber prices have all fallen recently
with wallboard expected to join the decline soon. These low
material costs have lowered the producer price index of finished
buildings to a negative value, in other words buildings are proving
cheaper to construct than they were a year ago. However, the
reluctance of banks to finance construction projects remains an
obstacle for growth in the building materials industry.
www.stockcall.com/ is an online platform where investors doing
their due-diligence on the general building materials industry can
have easy and free access to our analyst research and opinions on
Fastenal Co. and MDU Resources Group Inc.; all investors need to do
is register for a complimentary membership at
https://stockcall.com/development/stockcall/page.php?name=register.html
Stimulus packages have been helpful in maintaining employment
levels and keeping construction afloat but, the industry fears that
stimulus will expire before demand recovers in the private, state
and local areas. Thus the building materials and construction
industries are lobbying for federal investment into infrastructure
programs like roads, transit and water. Register now at
https://stockcall.com/development/stockcall/page.php?name=register.html
to have free access to our reports on the general building
materials industry.
The general building materials industry hopes to have seen a
rebound in July spurred by lower raw material prices increasing
construction projects. Companies are also looking to diversify the
applications of their products to help deal with the effects of the
recession. Visit www.stockcall.com/ to see how companies in this
industry have grown over the past years and how they are expected
to perform in the future.
Taking a quick look at earnings posted so far, Fastenal Co. took
the Wall Street by surprise a few weeks back by beating estimates
with profits at $69.2 million. Conversely, MDU Resources Group Inc.
saw a 11.4% drop in its second-quarter earnings as compared to the
same quarter last year, a decline pinned on the underperformance
its construction materials and contracting business segment.
Investors looking for complimentary research on Fastenal Co. and MDU Resources Group
Inc. are welcome to sign up at
www.stockcall.com/FAST040810.pdf or www.stockcall.com/MDU040810.pdf
for our new report.
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