November 20, 2012 at 20:12 PM EST
Valspar, Housing Stocks Rise But Recovery Seen Weaker
Housing-related stocks rallied Tuesday on upbeat earnings and construction reports, but Federal Reserve Chairman Ben Bernanke warned the recovery may not be as potent as previous ones. Housing starts rose to an annualized rate of 894,000 last month, up 3.6% from September and the best since July 2008. It also topped analysts' estimates despite the late-month ravages of Superstorm Sandy. New construction of single-family homes actually
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