UK-based building materials company Wolseley PLC on Wednesday said its commercial and industrial markets will continue to deteriorate in the short term, even though residential markets are starting to stabilize.
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Wolseley says some markets continue to deteriorate
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Pound extends declines after UK retail sales fall in May
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Weak demand dampens business confidence:
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Builder confidence declines in January
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Steel prices bottomed out, will stabilise:
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Aussie sharemarket expected to continue slide
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John Lewis to maintain marketing spend despite drop in profits
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Tomkins: 'some global markets have stabilised'
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Property sales will continue to fall
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Global economic turmoil continues to impact on vehicle sales
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Industrialists warn of slowdown
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Homebuilders see slight improvement in market conditions
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Prices of raw materials will remain strong
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UK housing market drifted
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Manufacturing growth may slow
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Regional commercial property market 'is patchy'
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Further downgrades may lie ahead: