Rochester, NY 8/19/2009 11:58:10 PM
James Hardie Industries NV JHX - James Hardie Industries NV Recently Announces Climb on Toll Brothers Sales
James Hardie Industries NV JHX
The company announced that the biggest seller of home siding in the U.S. peer declared raised sales and Macquarie Group Ltd. upgraded the stock.
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“While there are still a number of issues to work through in the U.S. housing market, we believe that there are initial signs of stabilization,” Macphillamy wrote in a report today. “We believe that the business is better placed than its peers in terms of leverage to the eventual housing recovery in the U.S. housing market.”
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