Masco Corp.

Tuesday's market buoyed industry stocks, lifting MAS more than 5%, which released its earnings report today.

Masco Home Services has announced the launch of WellHome to provide home assessments and energy-efficient...

Masco Corp. has announced the promotion of Keith Allman to group president, responsible for Brasstech, Delta Faucet Co., Hansgrohe, Liberty Hardware, Masco Bath, Masco Canada and Mirolin Industries Corp. Most recently, Allman had been president of Delta Faucet Co., a position he took over in 2007. 

Masco (MAS) was among many stocks buoyed by the upsurge on Tuesday, posting gains of 4.11%.

MAS rose nearly 11% following the release of its quarterly earnings report.

Taylor, Mich.-based Masco Corp. reported third-quarter sales of $2 billion, up 3% from the same quarter last year. Masco's net income was $36 million for the quarter, compared with a net loss of $5 million in the third quarter of 2010.

CEO Tim Wadhams said the top line was lifted by "strong sales of plumbing-related products driven by share gains of our Hansgrohe and Delta brands, share gains in our Installation segment and foreign currency translation."

The 2011 International Builders’ Show returned to Orlando, Fla., in 2011 — it was held here in 2008 — and it was a lot easier to get a taxi this time around. The residential construction industry was fresh off a year only slightly better than the record low of 2009, and the show’s contraction reflected the industry’s health.

Trex Company has appointed Gerald Volas to its board of directors, effective March 1, 2014.

“Jerry’s extensive experience in all aspects of the home improvement sector and his in-depth understanding of leadership brands make him an excellent addition to our board," said Trex chairman, president and CEO Ronald Kaplan. "We look forward to his contributions as we work to further expand Trex’s industry-leading distribution presence, our best-in-class product platform and our branding presence.”