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NEW YORK (MarketWatch) -- Commercial Metals Co. said Friday it expects to post a net loss of $1.50 to $1.60 a share for the fiscal second quarter ended Feb. 28. "This second quarter has been particularly difficult due to a combination of continued weak end-use demand in the nonresidential construction markets, unusually harsh winter conditions in the U.S. and Europe, and rapidly rising ferrous scrap prices which have outpaced finished goods prices," said Chairman and Chief Executive Murray McClean. The estimated loss from continuing operations is forecast to be in the range of $130 million to $140 million, and includes $60 million in after-tax, one-time charges. Analysts polled by FactSet were expecting a net loss of $32.3 million, on average. Shares of Commercial Metals were up three cents to $17.

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Major indexes show some movement early, trading up on retail data.

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Start-up Bloom Energy unveiled devices it claims can generate electrical power at a subsidized price that undercuts utilities, while cutting emissions significantly.

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Maruti Suzuki India, India's largest car maker by sales, said its recall of up to 106,000 A-Star small cars includes about 30,000 hatchbacks supplied to Nissan Motor.

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Maruti Suzuki India said it will recall more than 100,000 units of its A-Star small cars to replace a defective fuel tank.

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Maruti Suzuki India said it will recall more than 100,000 units of its A-Star small cars to replace a defective fuel tank.

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KKR and TPG Capital are close to a deal to pay more than $1 billion for Morgan Stanley's stake in China International Capital Corp.

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The EPA will delay subjecting large greenhouse gas emitters such as power plants and crude refiners to new regulations until 2011.

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