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PulteGroup Inc

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  • Pulte Slashes Job Amid Housing Slump Friday, 1 Jun 2007 | 3:26 PM ET

    Facing a grim housing market, Pulte Homes  said Tuesday that it is cutting about 16% of its work force, or about 1,900 jobs, as part of a restructuring.

  • Pulte To Cut 16% of Work Force Amid Weak Housing Market Wednesday, 30 May 2007 | 7:18 AM ET

    Facing a grim housing market, Pulte Homes  said Tuesday that it is cutting about 16% of its work force, or about 1,900 jobs, as part of a restructuring.

  • Pulte Posts Quarter Loss, Meritage Earns a Profit Wednesday, 25 Apr 2007 | 9:43 PM ET

    Pulte Homes, the second-largest U.S. home builder, on Wednesday posted a quarterly net loss, chiefly because of charges related to impairments and the lower value of land in the sagging U.S. housing market.

  • CNBC's Domm: Today's Agenda in the Markets Wednesday, 25 Apr 2007 | 8:59 AM ET

    Stocks are set to move higher at the opening, with the Dow heading straight for the 13,000 mark. European shares are higher, as the rising euro closes in on its all-time high against the dollar. Overnight, Asian stocks were lower, with Tokyo stocks falling on worries about the U.S. consumer after yesterday's weak housing data and consumer confidence number. Japanese automakers' shares were dented in the selling.

  • New Homes, New Questions Friday, 20 Apr 2007 | 5:00 PM ET

    Builders remain cautious and buyers continue to be hesitant, but investors may want to make a move.

  • Expect "Massive Foreclosures," Fund Manager Says Friday, 30 Mar 2007 | 11:53 AM ET
    Paul Krugman

    In the wake of a Charlotte Observer report about one area's unusually high foreclosure rate, Beazer Homes USA said it has received a grand jury subpoena from the U.S. Attorney's Office, which is probing its mortgage origination business. A unique case? Not according to CGM Capital Management's Kenneth Heebner, who says the negative impact of fast and loose lending policy has "only begun."

  • Republican presidential candidate, former U.S. Sen. Rick Santorum speaks to supporters as his daughter, Elizabeth (L), and wife, Karen (R), look on February 7, 2012 at the St. Charles Convention Center in St. Charles, Missouri.

    Is the housing sector doing better than consumers think -- or are some contrarian market boosters guilty of "cherry picking"? An economist and a CEO debated the question, on "Morning Call."

  • Watch for Housing Rebound In Second Half Monday, 5 Mar 2007 | 5:02 PM ET

    Housing is highly cyclical, and stocks in the sector often hit bottom a year before the fundamentals turn sour. A Citigroup analyst says cancellations of new home orders are down and expects the residential housing sector to turn around in the second half of 2007.

  • Housing Has Nowhere To Go But Up -- Or Down Thursday, 22 Feb 2007 | 3:54 PM ET

    Toll Brothers today said its first-quarter profit plunged 67% compared with last year; the luxury-home builder's CEO, Robert Toll, said there are still too many soft markets. Which raises the question: Has the bottom come at last? Two analysts called it two different ways on "Power Lunch."

  • U.S Housing Stocks: Recommendations For 2007 Wednesday, 27 Dec 2006 | 10:59 AM ET

    The U.S. housing market has certainly gone through a rough patch lately--but there is some good news on stronger home sales--as we've reported. The Commerce Department says new U.S. home sales rose 3.4% in November. Analysts were looking for a gain of 1-2%.  But new home sales are still down from a year ago by 15.3%. So--are there any good stock recommendations out there? 

  • Leading Indicators Monday, 18 Dec 2006 | 2:17 PM ET
    NAHB

    Last week the Secretary of the Treasury, Hank Paulson, was asked if the residential real estate market had bottomed.  He refused to answer the question.  But as we approach the New Year, that is arguably the biggest question in real estate.  The spring season is right around the corner, traditionally the busiest for buying and selling, and many believe it will tell the true story of the state of the market.

  • Stocks fell after trading in a narrow range all day while investors waited for Friday’s jobs report, the last key economic indicator before next week's Federal Reserve meeting.

  • U.S. Stocks Falter in Late Trading Wednesday, 6 Dec 2006 | 3:40 PM ET

    A late look at stocks shows the Dow trading in a narrow 31-point range. Volume was light as well. Software, autos and gold were all under pressure. Homebuilders were trading up though on an increase in mortgage applications – which was boosted by the lowest mortgage rates in a year.

  • Baby Boomers Creating Stay-At-Home Biz Monday, 4 Dec 2006 | 2:15 PM ET

    Baby boomers who don’t want to retire to a distant locale (some place warmer or cheaper) may be causing a long-term drag on the U.S. housing sector – and the economy. According to a survey done by Home Depot – 89% of older Americans want to stay in their present houses for as long as possible. But companies like Home Depot are seeing a business opportunity in reaching out to boomers who want to stay put.

  • New-Home Sales Lower Than Forecast Wednesday, 29 Nov 2006 | 12:45 PM ET

    Sales of new homes fell in October by the largest amount in three months, a fresh sign of the slowdown in the once-hot housing sector.