Homebuilders
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DR Horton rose$. 43 or 1.6 percent, to $27.23. Hovnanian Enterprises Inc. rose$. 15 or 2.6 percent, to $6.02. Lennar Corp. rose$. 88 or 2.0 percent, to $43.82.
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DR Horton rose$. 43 or 1.6 percent, to $27.23. Hovnanian Enterprises Inc. rose$. 15 or 2.6 percent, to $6.02. Lennar Corp. rose$. 88 or 2.0 percent, to $43.82.
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Ken Rosen, Rosen Consulting Group, and CNBC's Diana Olick discuss the first real signs of an apartment building boom.
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DR Horton rose$. 31 or 1.2 percent, to $27.11. Hovnanian Enterprises Inc. rose$. 13 or 2.2 percent, to $6.00. Lennar Corp. rose$. 88 or 2.0 percent, to $43.82.
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DR Horton rose$. 41 or 1.5 percent, to $27.21. Hovnanian Enterprises Inc. rose$. 15 or 2.6 percent, to $6.02. Lennar Corp. rose$. 69 or 1.6 percent, to $43.63.
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DR Horton fell$. 63 or 2.3 percent, to $26.80. Hovnanian Enterprises Inc. fell$. 12 or 2.0 percent, to $5.87. Pulte Homes Inc. fell$. 63 or 2.6 percent, to $23.35.
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Among the sector activity stories for Thursday, May 16, from AP Business News:. _ Shares of three beer and bourbon makers rose after upgrades by an analyst who wrote that they should benefit from demand trends and other factors.
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MONTERREY, Mexico, May 16- Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term.
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NEW YORK-- Shares of homebuilders tumbled Thursday on a report that U.S. builders broke ground on fewer homes in April, but analysts said the drop could be looked at as a buying opportunity. According to the Commerce Department, builders started construction at a seasonally adjusted annual rate of 853,000, a 16.5 percent drop from the March pace of 1.02 million.
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DR Horton fell$. 90 or 3.3 percent, to $26.53. Hovnanian Enterprises Inc. fell$. 23 or 3.8 percent, to $5.76. Lennar Corp. fell $1.21 or 2.8 percent, to $42.49.
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DR Horton fell$. 11 or. 4 percent, to $27.32. Hovnanian Enterprises Inc. fell$. 14 or 2.3 percent, to $5.85. Lennar Corp. fell$. 47 or 1.1 percent, to $43.23.
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WASHINGTON, May 16- Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high, but applications to build new homes shows the housing sector could still contribute to the strengthening economic recovery.
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WASHINGTON-- Builders likely broke ground at a slightly slower pace in April but activity was expected to remain close to the 1- million mark. The Commerce Department will release the report at 8:30 a.m. EDT Thursday.
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DR Horton fell$. 17 or. 6 percent, to $27.43. Hovnanian Enterprises Inc. fell$. 13 or 2.1 percent, to $5.99. Lennar Corp. fell$. 18 or. 4 percent, to $43.70.
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DR Horton rose$. 12 or. 4 percent, to $27.72. Hovnanian Enterprises Inc. fell$. 03 or. 5 percent, to $6.09. Lennar Corp. rose$. 14 or. 3 percent, to $44.02.
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RALEIGH, N.C.-- A bill rolling back energy-efficiency standards for commercial builders has passed the North Carolina House. John Torbett of Stanley said his bill helps encourage commercial development and reuse of vacant buildings because the codes drive up costs.
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DR Horton fell$. 01 or. 1 percent, to $27.59. Hovnanian Enterprises Inc. rose$. 02 or. 3 percent, to $6.14. Lennar Corp. rose$. 24 or. 5 percent, to $44.12.
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CNBC's Rick Santelli reports the latest data on housing from the National Association of Home Builders.
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DR Horton rose$. 25 or. 9 percent, to $27.60. Hovnanian Enterprises Inc. rose$. 03 or. 5 percent, to $6.12. Lennar Corp. rose$. 64 or 1.5 percent, to $43.88.
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*Results at Brookfield, PDG, Gafisa, MRV disappoint. SAO PAULO, May 14- Profit at Cyrela SA outperformed rivals in the first quarter as Brazil's largest homebuilder cut expenses and boosted sales during a tough period for the sector.
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WESTLAKE VILLAGE, Calif.-- Ryland Group Inc.' s strong sales trends from the first three months of the year have continued into April, suggesting a healthy spring selling season for the homebuilder.