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Photo by Spencer Platt/Getty ImagesThe stock market is up Friday, with the Dow Jones Industrial Average up 0.33%, the Nasdaq up 0.59% and the S&P 500 up 0.43%. Today’s winners include a...
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KB Home (NYSE: KBH) this morning reported fiscal third-quarter 2013 earnings per share (EPS) of $0.04 on revenue of $424.5 million. In the same period a year ago, the homebuilder reported a net loss...
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The three major U.S. stock indexes opened lower this morning following mostly weak reports on European PMI (more coverage here). The reading on U.S. PMI was unchanged from last month (more coverage...
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Hovnanian Enterprises Inc. (NYSE: HOV) may have been the hardest hit of all the publicly traded homebuilders since the housing market collapse began in 2007. The share price dipped below a dollar...
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This is not exactly a packed week for earnings like you would see in earnings season, but we still have many key earnings reports. We have provided previews for the following: Carnival Corporation...
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Share prices for homebuilders’ stocks began rising at the beginning of the year and all but two of the homebuilders we looked at in our value search have doubled share prices in the past 12 months....
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Positive signals continue to issue forth for US home builders. The National Association of Homebuilders (NAHB)/Wells Fargo housing market index rose 2 points in August, to 37, the highest index...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Allscripts Healthcare Solutions (NASDAQ: MDRX) raised to...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall S. research calls this Monday morning. Biogen Idec Inc. (NASDAQ: BIIB) started as Outperform at Leerink...
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Signs of a recovery in the US housing market are everywhere. The National Association of Homebuilders/Wells Fargo housing market index is just the latest signal. The index rose 6 points in July, to...
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The three major US stock indexes opened sharply higher this morning after a report from Brussels that the EU had agreed to proposal for bailing out the Eurozone’s banks (our coverage here). The...
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The signals are multiplying that a recovery in home construction is taking place. Earlier this week the S&P Case-Shiller housing price index showed a gain for the first time in seven months. The...
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The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end with no...
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Homebuilder Lennar Corp. (NYSE: LEN) reported second quarter earnings today that handily beat both EPS and revenue estimates. Excluding a one-time tax gain, the company posted EPS of $0.21 compared...
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Hopes for a recovery in homebuilding have picked up recently, primarily as a result of pent-up demand for new household formation. All those college grads who moved back in with their parents are...
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