Strong housing starts data and rising house prices bode well for stocks including Masco and Mohawk, an industry analyst said.» Read More
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Building materials supplier Masco this morning is parroting the downbeat comments of home builders recently. They're down 13 percent pre-open, on an earnings report that was below expectations.
Building products maker Masco cut its 2007 earnings forecast Friday, citing weaker-than-expected housing starts.
It's so sad to see families fighting over money. Luckily, Dr. Cramer is here to help.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.
Masco also announced that President and Chief Operating Officer Alan Barry, 64, would like to step down in early 2008 when he reaches the company's normal retirement age, the statement added.