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The LBM Daily Newsletter: September 02, 2010.
THE DAILY BUZZ
 
US Construction Spending Report Out
 
The Commerce Department reported Wednesday that US Construction spending has fallen to its lowest rate in 10 years. The spending rate dropped 1.0% to $805.2 billion. A previously reported gain of 0.1 percent for June was revised to show a 0.8 percent fall instead.



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THE DAILY MARKET REPORT
 
Futures and Options
 
ContractCloseChangeVolumeOpen Int
Sept 2010204.90+.40343203.10
Nov 2010207.00+.30494205.00
Jan 2011226.10+.6026224.60
Mar 2011242.40UNCH2240.00
 

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WIDMAN'S FORECASTING
 
Widman's Market Report
 
Following a rough bout over the previous two weeks, stock markets managed a slight uptick yesterday. The Toronto-based S&P/TSX netted 18.31 points, closing at 11,913.86 on gains in mining stocks and balancing losses in energy stocks. In New York, the Dow Jones inched up 4.99 points to 10,014.72.

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TODAY'S NEWS
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INTERNATIONAL  >
There are 3 new articles in this category today.
Danish Company Acquires Sawmill in Estonia
Cambodia - State Fees on Timber Rile Top Companies
Australia: Anger Over Govt. 'tardiness' to Approve Softwood Mill
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FINANCIAL  >
There are 2 new articles in this category today.
Weyerhaeuser Pays $5.6 Billion Special Dividend
Hovnanian Posts Narrower Quarterly Loss
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ENVIRO & LEGISLATION  >
There are 6 new articles in this category today.
PA's First Long-term Forest Assessment Finds Challenges Ahead
Canada - NDP Plans hike on Forestry Stumpage Fees
Canada - N.B. Liberals Promise Help for Forestry
 
INDUSTRY NEWS  >
There are 5 new articles in this category today.
U.S. Hardwood Log Exports Show Increase
BC Canada - Some Good Shipping News
UC200 Composites Used in Dimensional Lumber Sector
 
ECON & HOUSING  >
There is 1 new articles in this category today.
US - July construction Spending Tumbles to 10-year Low
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