MDC Holdings Inc
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Check out which companies are making headlines after the bell Wednesday: » Read More |
The nation's home builders continue to feel much better about their industry. » Read More |
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According to the Commerce Department, new-home sales increased 2.3 percent in April from March to a seasonally adjusted annual rate of 454,000. That's only slightly below January's pace of 458,000, which was the fastest since July 2008. _ KB Home, up 87 cents, or 3.8 percent, to $23.91. _ Hovnanian Enterprises Inc., up 20 cents, or 3.4 percent, to $6.14.
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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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Shares in the major private hospital groups extended losses on news of the probe, with Life Healthcare dropping the most, trading down over 3 percent to 37.12 rand, its biggest decline in nearly five months.
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CAPE TOWN, May 7- South African competition authorities will launch an investigation into the private healthcare industry, where early evidence showed high prices and market distortions, Economic Development Minister Ebrahim Patel said on Tuesday.
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May 3- MDC Holdings Inc:. *Credit Suisse raises target price to $39 from $37; rating neutral. Reuters Station users, click. 1568.
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PT Media Nusantara Citra Tbk.
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Check out which companies are making headlines after the bell Wednesday:
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The nation's home builders continue to feel much better about their industry.