Some of the largest companies have had some difficulties securing land because of rising demand, and analysts with Citigroup see a healthy rebound ahead.
Homebuilder stocks improved modestly Monday following an upbeat industry sentiment report. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday showed that, for the first time in seven years, most U.S. homebuilders are optimistic about home sales.
NEW YORK, June 17- A majority of U.S. homebuilders view conditions for new construction as favorable for the first time since the housing crisis began seven years ago, in one of the strongest signs yet that the U.S. housing recovery is on track.
*Netflix, DreamWorks shares jump after deal on programs. *Terex tumbles after outlook, Time Warner falls on downgrade.
NEW YORK, June 17- Sentiment among U.S. homebuilders surged in June, rising above a key milestone for the first time since the start of the housing crisis seven years ago in a vote of confidence for the sector's recovery.
NEW YORK, May 22- U.S. stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest U.S. The minutes followed comments from Chairman Ben Bernanke, who said the Fed could decide to scale back the pace of bond purchases at one of the "next few meetings" if the economic recovery looked set to maintain forward momentum.
NEW YORK, May 22- U.S. stocks fell on Wednesday with a selloff accelerating in late afternoon trade, after minutes from the latest U.S. The minutes followed comments from Chairman Ben Bernanke who said the Fed could decide to scale back the pace of bond purchases at one of the "next few meetings" if the economic recovery looked set to maintain forward momentum.
*Saks rallies on report it could sell itself. NEW YORK, May 22- U.S. stocks rose on Wednesday, giving up some gains after an initial rally, after Federal Reserve Chairman Ben Bernanke said the central bank needed to see further signs of traction in the economy before it tapered its economic stimulus efforts.
May 22- Luxury homebuilder Toll Brothers Inc reported stronger-than-expected results on higher average selling prices and booked its highest quarterly orders in seven years, sending its shares up 7 percent.
*Saks rallies on report it could sell itself. NEW YORK, May 22- U.S. stocks edged higher at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.
*Saks rallies on report it could sell itself. NEW YORK, May 22- U.S. stocks were set to rise at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.
U.S. stock market futures indicated a higher opening on Wednesday, ahead of a closely-watched speech by Fed Chair Ben Bernanke.
*Saks rallies on report it is mulling sale. NEW YORK, May 22- U.S. stock index futures edged up in thin trading Wednesday, ahead of highly anticipated Congressional testimony by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."