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PulteGroup Inc

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  • *New home sales rise 0.2 percent in September. WASHINGTON, Oct 24- Sales of new U.S. single-family homes rose to a six-year high in September, but a sharp downward revision to August's sales pace indicated the housing recovery remains tentative. The Commerce Department said on Friday that sales increased 0.2 percent to a seasonally adjusted annual rate of...

  • Oct 23- PulteGroup Inc, the No.3 U.S. homebuilder, reported its smallest quarterly increase in home prices in almost two years, joining peers in suggesting that the steep rise in prices in the past couple of years has dampened demand. Shares of PulteGroup, which focuses on first-time home buyers, fell about 2.5 percent in early trading. "Builders are faced with...

  • Oct 23- PulteGroup Inc, the No. 3 U.S. homebuilder, reported a 4 percent rise in its quarterly revenue from home sales as the company raised prices for the twelfth straight quarter. PulteGroup has boosted revenue by charging more for homes even as it slows the rate at which it builds homes- a step it was forced to take due to a shortage of developed land.

  • PulteGroup revenue rises on higher home prices Thursday, 23 Oct 2014 | 6:53 AM ET

    Oct 23- PulteGroup Inc, the No. 3 U.S. homebuilder, reported a 4 percent rise in quarterly revenue from home sales as the company sold homes at higher prices. Average selling price rose 8 percent to $334,000 in the third quarter ended Sept. 30. Home sales revenue, which excludes land sale and financial services revenue, rose to $1.55 billion from $1.49 billion.

  • PulteGroup tops 3Q earnings expectations Thursday, 23 Oct 2014 | 6:49 AM ET

    ATLANTA— PulteGroup Inc. on Thursday reported third-quarter net income of $140.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. PulteGroup shares have fallen almost 6 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 4 percent.

  • Sector Snap: Housing stocks tick higher Wednesday, 15 Oct 2014 | 1:50 PM ET

    NEW YORK— Homebuilders were one of the few bright spots during a huge stock sell-off Wednesday, with hopes rising that a rush by investors into the bond market would drive mortgage rates lower. The 10- year Treasury note briefly fell below 2 percent for the first time since June 2013. —Shares of Beazer Homes USA Inc. rose 47 cents, or 2.9 percent, to $16.81.

  • Midday movers: Apple, Clorox, Yahoo & More Monday, 22 Sep 2014 | 1:03 PM ET

    Some of Monday's midday movers:

  • Are we building too many homes? Thursday, 18 Sep 2014 | 2:18 PM ET
    New homes under construction in California.

    With plenty of vacant homes, there’s just not enough demand to necessitate building more new homes. So why are they being built?

  • Midday movers: DuPont, Kellogg, Lennar, Nike & more Wednesday, 17 Sep 2014 | 12:53 PM ET

    Some of Wednesday's midday movers:

  • Early movers: HD, AAPL, MCD, DHI, RL, T, BA & more Tuesday, 9 Sep 2014 | 7:58 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Sept 3- Toll Brothers Inc is finally feeling the pinch as a steep rise in home prices discourages even the most affluent Americans from buying its luxury homes. "Even though Toll targets the high-end luxury buyer, pricing has been pushed so high already that at some point the buyer is going to walk away," Morningstar Inc analyst James Krapfel told Reuters.

  • Early movers: BKW, ANN, BBRY, ITMN, GS, SNE & more Monday, 25 Aug 2014 | 7:33 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Midday movers: Apple, Google, KB Home & more Tuesday, 19 Aug 2014 | 12:49 PM ET

    Some of Tuesday's midday movers:

  • *Dollar General offers to buy Family Dollar. NEW YORK, Aug 18- U.S. stocks surged on Monday, with the Nasdaq closing at a 14- year high as increasing homebuilder confidence and hopes for receding tensions in Russia gave investors reasons to make bigger bets on the equity market.

  • *Russia: Humanitarian convoy issue resolved, but no cease-fire. NEW YORK, Aug 18- U.S. stocks surged on Monday, with the Dow up roughly 1 percent and the Nasdaq at a 14- year high as increasing homebuilder confidence and hopes for receding tensions between Russia and Ukraine brightened investors' view of the outlook for equities.

  • Midday movers: Cummins, Dollar Tree, Zillow & More Monday, 28 Jul 2014 | 1:40 PM ET

    Some of Monday's midday movers:

  • These are the companies that are charging you more Monday, 28 Jul 2014 | 8:40 AM ET
    Chipotle

    Companies like Chipotle and Philip Morris have been discussing price hikes that would give bottom lines a whole new driver. USAT reports.

  • *D.R. Horton shares down 10 pct, PulteGroup down 3 pct. July 24- D.R. Horton Inc, the No.1 U.S. homebuilder, said it had to offer discounts in the third quarter to boost sales in Chicago, a particularly bleak spot in a weak U.S. housing market.

  • PulteGroup profit rises due to higher home prices Thursday, 24 Jul 2014 | 6:53 AM ET

    July 24- U.S. homebuilder PulteGroup Inc reported a 15 percent rise in quarterly profit as it sold homes at higher prices, but said orders fell 2.2 percent. Net income rose to $41.9 million, or 11 cents per share, in the second quarter ended June 30, from $36.4 million, or 9 cents per share, a year earlier.

  • Politics fade as earnings take over Friday, 18 Jul 2014 | 6:30 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.