Home improvement and housing are finally positioned to take off this year, Jeffrey Lorberbaum tells CNBC.» Read More
NEW YORK, Feb 20- The Dow and S&P 500 ended at record highs on Friday while the Nasdaq notched an eighth straight day of gains after Greek and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months. The agreement removes the immediate risk of Greece running out of money next month and possibly being forced...
NEW YORK, Feb 20- U.S. stocks rose on Friday in a relief rally after Greece and euro zone finance ministers reached a deal to extend heavily indebted Greece's financial rescue by four months. News of the agreement, which removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area, lifted U.S. indexes...
CALHOUN, Ga. _ Mohawk Industries Inc. on Thursday reported fourth-quarter net income of $146.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.22 per share. Mohawk Industries shares have climbed 11 percent since the beginning of the year, while the Standard& Poor's 500 index has risen almost 2 percent.
The uncertainty bodes especially ill for Masonite International Corp, Armstrong World Industries Inc, Mohawk Industries Inc and Masco Corp, which get nearly a fifth of their revenues from Europe. Fortune Brands Home& Security Inc, Norcraft Cos Inc and PGT Inc have relatively lower exposure to Europe, where new home sales this year have slowed in major markets,...
You can’t turn around without hearing the S&P 500 printed 2,000, again, making another record. Can stocks possibly go higher?
Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.
Stocks closed out April with a bang and many watchers believe this is not the year to sell in May.
Construction material costs have been rising so fast it's hard to keep pace, Mohawk CEO Jeffrey Lorberbaum tells CNBC.
Why are stocks advancing with such poor US data? Though not all indices are up, the S&P 500 has a good shot at posting three up weeks.
Even if Thursday's economic data comes up punk, markets may just write it off to bad weather.
Next week will be busy. There is considerable interest in the Fed's very large POMO operation on Thursday.
Up 28% ytd, Goldman Sachs just told clients to rotate out of this stock. Cramer says, ‘don’t listen.’
The traders kicked off a big week of CNBC's "Fast Money" by addressing increasingly mainstream concerns of a bubble in the equity markets.
Friday's midday movers:
The "Fast Money" traders share their final trades of the day.
"Fast Money" trader Jon Najarian spots some unusual activity with Mohawk Industries.
With rising interest rates and market uncertainty on the Federal Reserve, investors should avoid homebuilder stocks, two market pros told CNBC.
Bullish investors piled into home builders and related stocks on Friday, triggering a flurry of upside option activity.
The economy may have added as many as 200,000 jobs in July amid the backdrop of a pickup in manufacturing activity and fewer layoffs.
Check out which companies are making headlines after the bell Thursday: