Company: Beazer Homes USA, Inc.

(Reuters) - Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his firm to start his own buy-to-rent housing fund.

(Reuters) - Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his firm to start his own buy-to-rent housing fund.

(Reuters) - Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his firm to start his own buy-to-rent housing fund.

NEW YORK (Reuters) - Big U.S. hedge fund managers showed a lot for love for financial stocks in the first quarter of this year, regulatory filings reveal.

Beazer Homes USA Inc. said Wednesday that its fiscal second-quarter loss narrowed as it reduced costs and saw an increase in new orders and closings.

Stocks closed mixed Monday, with the Dow edging closer to the psychologically-important 13,000 level and the S&P 500 holding near its key 1,370 level, but gains were limited as the Nasdaq was dragged down by heavyweights such as Apple and Google.

Stocks abruptly turned mixed in the final seconds of trading Monday, with the Dow ending in negative territory, while the S&P 500 still managed to log its best close since June 2008. Still, the Dow and the S&P 500 are both on track to posting their best February since 1998.

Stocks climbed steadily to finish near their best levels Thursday as the euro erased its drop versus the greenback and after a handful of better-than-expected economic data.

But volume remained thin in the final week of trading for the year.