Pulte Homes is rushing to build more so-called active adult communities catering to baby boomers, many who still work full time.» Read More
Real estate giants gathered in New York City on Thursday for the Bank of America Homebuilder Conference. CNBC has the highlights from the conference.
Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.
Stocks declined, with General Motors dragging on the Dow amid news of another strike and Yahoo weighing on technology stocks.
Stocks mostly weaker today. Two factors: concern that the Fed's period of rate cuts is coming to an end (on this, commodities and commodity stocks are down, dollar is rallying); and the dismal new home sales number, at a 13 year low. No sign of a bottom here: unsold inventories remain at multi-decade highs...
Stocks closed higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker. Techs rallyied ahead of key earnings from Apple and Amazon.
Stocks ticked higher Wednesday, with Boeing landing the top-gainer spot on the Dow after a solid quarterly report from the jet maker. Techs rallyied ahead of key earnings from Apple and Amazon.
Homebuilders Ryland and Pulte are reporting tomorrow. Don't expect much. There will continue to be significant pricing pressure & writedowns. Here's the key for the homebuilders...
Investors will have seen enough corporate results by the end of the week to determine if the recent string of encouraging earnings was a real sign stocks can weather the credit crisis.
A reading of U.S. homebuilders' sentiment remained unchanged in April, just shy of its record low for the third consecutive month as the housing market failed to recover.
Why's Congress handing money to homebuilders that homeowners should get?
Thank goodness Q1 is over! Here's a summary of month-end and Q1 stats for stocks, commodities and currencies...
Homebuilder DR Horton tried to kill two birds with one stone this past weekend: unloading inventory and cleaning up the image of the housing market -- at least in a few towns in Southern California. The company held a first-come, first-served “Un-Auction."
Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.
I’m working on a story for TV today about which builders are in the deepest doo-doo after the Commerce Dept. reports single family permits down 6.2 percent in January. Permits are down 30 percent since the August credit freeze and down 57 percent from their peak in September of 2005.
Homebuilder stocks have staged a remarkable turnaround in 2008, despite a torrent of bad news, but the share prices of many are still closer to the floor than the roof.
Homebuilder Toll Brothers on Wednesday announced that it expects to post a 22 percent drop in first-quarter home-building revenue. The top U.S. luxury builder said home-building revenue was $842.7 million for the three months ended Jan. 31, down from $1.09 billion in the year-ago quarter. But one analyst hasn't given up hope.
To date 291 (just under 60%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Stocks closed with a big rally, led by beaten-down financial shares, but still ended one of the worst Januarys in years.
Shares of Pulte Homes surged to a 3-month high Thursday, as Wall Street cheered the third-largest homebuilder's improved liquidity position.
Futures dropped at 8:30 ET because jobless claims numbers higher than expected have somewhat hopes that the nonfarm payrolls report tomorrow will be stronger than expected. There are two noteworthy trends from companies announcing earnings: