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PulteGroup Inc


  • Domino's and Dunkin' Brands are big market movers Thursday, 23 Apr 2015 | 5:37 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Domino's Pizza Inc., up $9.43 to $109.23. PulteGroup Inc, down $1.72 to $19.97.

  • Shares of PulteGroup Inc. and Meritage Homes Corp. were hit particularly hard after they reported disappointing first-quarter results Thursday. PulteGroup's stock shed $1.52, or 7 percent, to $20.17 in afternoon trading. Elsewhere, shares of Beazer Homes USA Inc. fell 47 cents, or 2.5 percent, to $17.68.

  • *Pepsi, P&G, 3 M blame strong dollar for missing estimates. *Texas Instruments slump pulls down chipmakers. Both Brent and U.S. crude futures rose more than 3 percent on heightened concerns over the security of Middle East supplies as a civil war escalated in Yemen.

  • April 23- PulteGroup Inc reported a surprise slide in quarterly profit after home sales fell 28 percent in the pricey U.S. PulteGroup sold only 248 homes in the Northeast where it usually claims the highest average selling price. In 2014, when PulteGroup's countrywide average price stood at $329,000, it commanded $452,000 on average in the NorthEast.

  • AT&T gained 3 percent Thursday after the company said it expects bigger savings from its proposed purchase of satellite TV company DirecTV. PulteGroup sank 8 percent after reporting income that was well below what analysts were expecting. The price of crude oil rose $1.98 to $58.10 a barrel in New York.

  • *Pepsi, P&G, 3 M blame strong dollar for missing estimates. Business activity slowed more than expected in the euro zone this month while manufacturing in Asia's top two economies hit the brakes, suggesting the global recovery path is less clear than policymakers are predicting. The fall in European stock markets and the weaker PMI numbers across the board had...

  • US stocks open slightly lower on disappointing earnings Thursday, 23 Apr 2015 | 9:41 AM ET

    NEW YORK— U.S. stocks are opening slightly lower following disappointing earnings news from a major homebuilder and other companies. PulteGroup sank 9 percent in early trading Thursday, the most in the Standard& Poor's 500 index, after reporting quarterly income that was well below what Wall Street analysts were expecting. Railroad operator Union Pacific and...

  • US STOCKS-Wall St to open lower on weak data, earnings Thursday, 23 Apr 2015 | 9:16 AM ET

    *Pepsi, P&G, 3 M blame strong dollar for missing estimates. April 23- U.S. stocks were set to open lower on Thursday weighed by soft data out of Europe and China, while companies such as Procter& Gamble and 3 M joined others in issuing disappointing forecasts. The fall in European stock markets and the weaker PMI numbers across the board dragged futures lower on Wall...

  • PulteGroup profit falls 27 pct as it sells fewer homes Thursday, 23 Apr 2015 | 8:37 AM ET

    April 23- PulteGroup Inc reported a surprise 27 percent fall in quarterly profit as it sold fewer homes due to construction delays, sending its shares down 8 percent in premarket trading. PulteGroup's sales fell 2 percent to 3,365 homes in the first quarter ended March 31, while average selling price rose at the slowest rate in more than three years.

  • PulteGroup misses Street 1Q forecasts Thursday, 23 Apr 2015 | 6:42 AM ET

    ATLANTA— PulteGroup Inc. on Thursday reported first-quarter profit of $55 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. PulteGroup shares have increased 1 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 2 percent.

  • These companies are the real earnings bellwethers Wednesday, 15 Apr 2015 | 8:00 AM ET
    Traders gather at the post that trades IBM on the floor of the New York Stock Exchange, October 20, 2014.

    Investors long looked to Alcoa and Intel as earnings bellwethers, but that view is outdated. These companies are the best read on earnings.

  • Early movers: COST, WBA, AA, ZNGA, PHM & more Thursday, 9 Apr 2015 | 8:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • Housing supply dogs a recovering Detroit Thursday, 2 Apr 2015 | 12:43 PM ET
    Skyline of Detroit

    Detroit's housing scene is making a comeback but a shortage of inventory is holding back the recovery.

  • Lennar Corp, Toll Brothers Inc and KB Home, among the top six builders, together reported an average 19 percent increase in orders in the latest quarter, up from 3.3 percent in the same period last year. Lennar, the No.2 U.S. homebuilder after D.R. Horton Inc, said on Thursday it expected single-family housing starts and permits to rebound "shortly".

  • Builders offer assurance after Lumber Liquidators scare Thursday, 12 Mar 2015 | 10:35 AM ET
    New home sales construction

    The nation's largest home builders have been quick to check and recheck their flooring lines after Lumber Liquidators mess.

  • Here’s what to buy on market’s latest Fed tantrum Tuesday, 10 Mar 2015 | 12:48 PM ET
    Ben Bernanke and Janet Yellen during a Fed meeting in December 2013.

    Remember the infamous "taper tantrum" of 2013? You should.

  • Sticker shock stalls downsizing boomers Friday, 27 Feb 2015 | 2:13 PM ET
    A house for sale in Sarasota, Florida

    Baby boomers looking to downsize from suburban homes are finding condos near more urban areas to be way too pricey. So they are staying put.

  • Yellen keeps the markets calm Tuesday, 24 Feb 2015 | 5:46 PM ET
    Janet Yellen

    The regular session saw a fairly broad rally, even as Janet Yellen talked about rates.

  • Midday movers: Boeing, Kate Spade, Viacom & more Thursday, 29 Jan 2015 | 1:18 PM ET
    NYSE New York Stock Exchange Wall Street

    Some of Thursday's midday movers:

  • Pending home sales drop more than expected Thursday, 29 Jan 2015 | 9:59 AM ET
    Pending home sales

    A monthly index from the National Association of Realtors measuring signed contracts to buy existing homes fell 3.7 percent last month.