GO
Loading...

KB Home

More

  • The guys (and gal) go behind the headlines and give you the traders take on the Palm/MOTO disaster... the Blackstone $4 billion IPO... the EU open skies... and more. Find out where they see fast money.

  • KB Home, the 5th largest U.S. home builder, said quarterly net profit fell 84%, reflecting the sharp decline in the U.S. housing market.

  • It's Time for the Lightning Round! Wednesday, 21 Mar 2007 | 9:07 PM ET

    For Cramer, there is only one alternative energy play, one home builder worthy of recommending and one big loser in oil.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • The Department of Justice has launched a probe into the handling of stock options at KB Home, one of the nation's largest homebuilders, although it is not targeting the company directly, KB Home said.

  • Housing Has Nowhere To Go But Up -- Or Down Thursday, 22 Feb 2007 | 3:54 PM ET

    Toll Brothers today said its first-quarter profit plunged 67% compared with last year; the luxury-home builder's CEO, Robert Toll, said there are still too many soft markets. Which raises the question: Has the bottom come at last? Two analysts called it two different ways on "Power Lunch."

  • "It's more company-specific news items than anything else," Tony Dwyer, equity market strategist at FTN Midwest Securities, said in an interview with  CNBC.com. "You had a very near-term oversold market, you've had a back-and-forth tape over the last few days,  so today evens it out."

  • KB Home Posts Narrower-Than-Expected Quarterly Loss Tuesday, 13 Feb 2007 | 3:49 PM ET

    KB Home reported a net loss of $49.6 million, or 64 cents a share, for the fiscal fourth quarter ended Nov. 30, compared with net income of $304.4 million, or $3.44 a share, a year earlier.

  • KB Earnings Tell it All Tuesday, 13 Feb 2007 | 3:18 PM ET
    KB Home

    A bright spot in today’s earnings report from KB Home, one of the nation’s largest home builders: prices on their homes are coming down this quarter. While the company posted some nasty earnings for the fiscal fourth quarter and is showing a 48% cancellation rate, that fact bodes well for the usually busy spring season.

  • Stocks End with Slight Gain as Tech Takes Focus Tuesday, 6 Feb 2007 | 6:03 PM ET

    Stocks inched their way to a positive close after a sharp reversal in oil eased selling pressure and a late buying spree broke out in internet stocks.

  • KB Home  said Friday the Securities and Exchange Commission has launched a formal investigation into the homebuilder's stock-option granting practices.

  • Gov't Probes: "Knee Jerk React" or Kick in the Pants? Friday, 26 Jan 2007 | 11:54 AM ET

    KB Home is joining what's becoming a long list of companies caught up in the stock back dating issue. The home builder announced that it's under formal investigation by the SEC for improper stock option practices. The company CEO Bruce Karatz resigned (or retired) last fall over the backdating issue. Right now--more than two hundred companies are under a similar microscope (including computer giant Apple).

  • Stocks Hit by Broad Selloff After Bond Yields Surge Thursday, 25 Jan 2007 | 5:32 PM ET

    Stocks suffered their biggest pullback in two months as a disappointing bond auction and a lackluster report on sales of existing homes halted the market's two-day rally.

  • CNBC's Olick: Housing Building Its Way Back Up? Thursday, 18 Jan 2007 | 2:44 PM ET

    Today's U.S. housing numbers that we've been reporting have some very good news--and some not so good news (seems most economic reports out lately are a double edged sword). First--the housing starts for multi-family homes are up 42% in the month of December (the largest jump since April of 2005.) Great, right? Well hold on. CNBC's Diana Olick reported from a KB Home site in Florida--that the celebration might be premature.

  • Lennar, one of the nation's largest home builders, reported a sharp fourth-quarter loss  after writing down the value of its property investments amid a weakening housing market.

  • Strategist’s Cure For Condo Glut: Casinos, Offices Tuesday, 16 Jan 2007 | 3:07 PM ET

    A soft landing is still a landing – and CGM Realty Fund’s Kenneth Heebner is preparing to roll with it. He serves as portfolio manager at the fund, which has been warily watching the real estate market’s more moribund developments – such as the sudden glut in unsold condominiums in cities like New York, Boston and Washington, DC.

  • Housing Market Woes Take Toll On Centex And KB Home Tuesday, 16 Jan 2007 | 2:29 PM ET

    Home builders Centex  and KB Home said on Tuesday they would take charges to reduce their land positions in a sign the weakest U.S. housing market in decades may not yet have bottomed.

  • CNBC'S Domm: A Real "News Feast" Next Week Friday, 5 Jan 2007 | 9:43 PM ET

    Financial markets will have plenty of news to feast on in the coming week although the markets generated enough headlines on their own in the first days of January with just a few big stories to chew on. The second week of January is quite busy. We're looking forward to some of the most important and newsy industry conferences of the year, plus the start of earnings season, an important Fed speech, and some fresh economic data.

  • During the final week of the year, CNBC spoke with analysts to get their top picks for 2007.  Large cap names and private equity were winners in 2006, and many analysts are expecting more of the same next year. But look for some picks that may be surprising as well.

  • Strong Sales Report Sends Home Builder Shares Higher Wednesday, 27 Dec 2006 | 12:18 PM ET

    Shares of home builders each gained more than 1%, with the overall Dow Jones Home Construction index gaining 10 points, or 1.4%, to 729.58. The index has lost 21% this year, and is down about 35% from its high in July 2005.

  • U.S Housing Stocks: Recommendations For 2007 Wednesday, 27 Dec 2006 | 10:59 AM ET

    The U.S. housing market has certainly gone through a rough patch lately--but there is some good news on stronger home sales--as we've reported. The Commerce Department says new U.S. home sales rose 3.4% in November. Analysts were looking for a gain of 1-2%.  But new home sales are still down from a year ago by 15.3%. So--are there any good stock recommendations out there?