Some of Wednesday's midday movers:» Read More
*S&P/Case-Shiller home price index up 0.8 pct in December. *Toll Brothers', Home Depot's results cloud housing outlook. Feb 25- U.S. home price gains slowed in December, according to a closely watched housing survey on Tuesday that underscored a loss of momentum in the housing recovery, while consumer confidence drifted lower this month.
Feb 25- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a fall in quarterly orders for the first time in three years as a severe winter deterred buyers.
While the major indexes rallied on Monday, most people failed to notice the poor close.
Some of the names on the move ahead of the open.
Feb 25- Toll Brothers Inc, the largest U.S. luxury homebuilder, reported a 52 percent jump in quarterly revenue as it sold more houses at higher prices in a recovering housing market. Net income jumped to $45.6 million, or 25 cents per share from $4.4 million, or 3 cents per share.
Feb 25- Toll Brothers Inc, the largest luxury U.S. homebuilder, reported a more than 10- fold jump in quarterly profit as the U.S. housing market recovers. Revenue soared 52 percent to $643.7 million in the first quarter ended Jan. 31. Net income rose to $45.6 million, or 25 cents per share from $4.4 million, or 3 cents per share, a year earlier.
Two big retailers' earnings, home price data and consumer confidence could swing market focus back to the economy Tuesday.
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*Net income jumps 86 pct to $123.2 mln. Jan 28- Homebuilder D.R. Horton Inc's sales pace picked up in January ahead of what it said would be a "very strong" spring selling season as Americans become more comfortable with higher mortgage rates in a stabilizing U.S. economy.
Jan 28- D.R. Horton Inc, the largest U.S. homebuilder, reported a rise in orders for the quarter ended December and said its sales pace picked up this month as stabilizing mortgage rates and signs of an economic recovery spur housing demand.
Some of Friday's midday movers:
The combined company will own about 56,000 apartment units in 239 properties in southern and northern California and Seattle. Southern California offers an opportunity for real estate companies as a slowdown is expected in northern California and Seattle, he said.
Some of Wednesday's midday movers:
The Fed put is still very much alive. That, bulls argue, will be a major underpinning for stocks in 2014.
U.S. stocksfell on Tuesday, with the S&P 500 retreating from a record close.
Has the housing market run too far too fast? Douglas Yearley, Toll Brothers CEO, discusses the state of the housing market and consumers fear that they are buying into another bubble.
The S&P 500 hit an historic closing high yesterday, despite complaints that the tape was "boring."