PulteGroup Inc


  • PulteGroup beats Street 4Q forecasts Thursday, 29 Jan 2015 | 6:45 AM ET

    ATLANTA— PulteGroup Inc. on Thursday reported fourth-quarter profit of $217.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. PulteGroup shares have declined 4 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased roughly 3 percent.

  • Investors welcomed better-than-expected quarterly results from several companies, including Ford, Coach and Harley-Davidson. Benchmark U.S. crude oil rose 8 cents to close at $44.53 a barrel. "We've had a bit of a turnaround since the lows we saw earlier in the day," said Anastasia Amoroso, global market strategist at J.P.

  • Johnson& Johnson sank after reporting that a stronger dollar pinched the company's quarterly results. THE DOLLAR EFFECT: Johnson& Johnson, the maker of Tylenol, prescription drugs and joint replacements, turned in earnings that beat analysts' forecasts, yet it came up short for revenue, largely a result of a stronger dollar. D.R. Horton dropped $1.07, or 5 percent, to...

  • UPDATE 3-Lennar to Houston: We have a problem Thursday, 15 Jan 2015 | 1:33 PM ET

    Jan 15- Lennar Corp, the second-largest U.S. homebuilder by the number of homes sold, said it expects 2015 margins to be squeezed as falling oil prices hurt demand in Houston, a city heavily dependent on the energy sector. The warning overshadowed a 50 percent jump in quarterly profit and pushed Lennar's shares down as much as 9 percent. Houston accounted for about...

  • Midday movers: Credit Suisse, UBS, Citigroup & more Thursday, 15 Jan 2015 | 12:42 PM ET

    Some of Thursday's midday movers:

  • Jan 15- Lennar Corp, the second-largest U.S. homebuilder by the number of homes sold, reported its first fall in quarterly margins in three years and forecast a further drop in 2015 as costs rise. The warning overshadowed a 50 percent jump in quarterly profit and pushed Lennar's shares down as much as 4.3 percent in morning trading on Thursday.

  • Midday movers: Aetna, Ocwen Financial, GoPro & more Tuesday, 13 Jan 2015 | 1:13 PM ET

    Some of Tuesday's midday movers:

  • WASHINGTON, Jan 7- The Federal Housing Administration will reduce annual mortgage insurance premiums by 0.5 percentage point to 0.85 percent from 1.35 percent, the White House said on Wednesday. In a statement, the White House said the move was part of President Obama' s efforts "to expand responsible lending to creditworthy borrowers." The administration also...

  • Midday movers: Alkermes, Lennar, Radian Group & more Wednesday, 7 Jan 2015 | 1:00 PM ET

    Some of Wednesday's midday movers:

  • Behind the $50 million bet against home builders Tuesday, 30 Dec 2014 | 11:50 AM ET
    New home construction in Bethesda, Md.

    In a large options trade Monday, one trader bet housing stocks will collapse in the coming months.

  • Perfect economic mix set to boost housing next year Tuesday, 30 Dec 2014 | 7:00 AM ET
    A house for sale in Sarasota, Florida

    Next year is shaping up to be one of those rare times when strong economic growth is accompanied by low interest rates, the perfect mix for housing.

  • How low gas prices fuel the housing market Friday, 19 Dec 2014 | 1:01 PM ET
    A gas price sign is seen at a Phillips 66 station in Houston, Dec. 16, 2014.

    When it comes to housing, low gas prices not only help pad people's pocketbooks, but they are also boosting consumer confidence.

  • Home builder's new sweet spot: the 55-plus crowd Wednesday, 17 Dec 2014 | 12:39 PM ET
    Pulte Homes' Sun City "active adult" community in Georgia.

    Pulte Homes is rushing to build more so-called active adult communities catering to baby boomers, many who still work full time.

  • Pulte's 2015 housing strategy  Wednesday, 17 Dec 2014 | 10:17 AM ET

    CNBC's Diana Olick speaks to Richard Dugas, Pulte Group CEO, about the state of the housing market and Pulte's big bet on active adult communities.

  • These states- Texas, Florida, Arizona, Nevada, North and South Carolina, Georgia and California- accounted for about half of the total job growth in the 12 months to September, according to RBC Capital Markets. The shift bodes well for D.R. Horton Inc, the largest U.S. homebuilder, and rivals Lennar Corp and PulteGroup Inc, each of which gets a large part of its revenue...

  • Midday Movers: Dillard's, GoPro, Apple & more Thursday, 20 Nov 2014 | 12:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's midday movers:

  • Big upside likely in real estate stocks: Pros Tuesday, 11 Nov 2014 | 6:37 PM ET
    People walk by a sign in front of a Home Depot store in El Cerrito, Calif.

    Real estate stocks could offer the next leg up for the market, Triogem's Tim Seymour says.

  • U.S. homebuilders D.R. Horton Inc and Toll Brothers Inc reported jumps in orders this week at rates not seen since last year. "The buyers realize that they're never going to get this kind of low interest rate environment," said David Crowe, chief economist at the National Association of Home Builders. Wayne Wellington, a 47- year old inspector at the Broward County...

  • Midday movers: Merck & Co., GoPro, Blackberry & more Monday, 10 Nov 2014 | 12:57 PM ET

    Some of Monday's midday movers:

  • Your first trade for Thursday Wednesday, 29 Oct 2014 | 6:00 PM ET

    The "Fast Money" traders share their final trades of the day.