PulteGroup Inc
NYSE: PHM
$141.86
-$3.12 (-2.2%)
Closing Price on September 20, 2024
PHM Articles
Pulte Homes, Inc. (NYSE: PHM) is acquiring Centex Corporation (NYSE: CTX) in a stock-for-stock transaction valued at $3.1 billion, including $1.8 billion of net debt. The deal has been unanimously...
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This morning was a shocker on just how many analyst downgrades and very negative calls were out from Wall Street analysts. The sad part is this is only part of the onslaught that we are still...
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There are many C-Suite executive from Wall Street to main Street that didn’t exactly get their stock priorities right. Many company executives are getting margin calls and are being forced to...
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Champion Enterprises (CHB) Moody’s downgrade. Drops to $1.80 from 52-week high of $13.30. Belden (BDC) Net income falls and forecast drops. Falls to $13.48 from 52-week high of $59.48. Las Vegas...
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Credit Suisse has decided that something is a amiss in the housing sector this morning and cut the ratings on the group. They are listed below. DR Horton (DHI) Cut to Neutral. KB Home (KBH) Cut to...
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These are not all of the analyst calls out there but these are some of the calls we see having an impact on trading this Wednesday morning with more than two hours to the market open: Pulte Homes...
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The housing market in Brazil operates in a what which is beyond the wildest dreams of US homebuilders. The sector has very little leverage. A number of government programs help people obtain...
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It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply, that the current...
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Lehman Brothers has initiated coverage of some key homebuilders this morning: DR Horton (NYSE: DHI) started as Overweight. Hovnanian (NYSE: HOV) started as Underweight. KB Home (NYSE: KBH) started as...
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This morning, Banc of America has actually upgraded the homebuilder sector. This may be the first such round of upgrades from a brokerage firm across the board in what seems like forever. The...
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Everyone knew homebuilders would turn one day and when they turned it would be fast and in a flurry of buying volume. Much of this may attributed to short covering, but much is because the good old...
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Not many stocks are likely to double. Even well-run companies like Cisco Systems (NASDAQ:CSCO) are not likely to move 2x even with great results. The market caps are already too large and the law of...
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Everyone keeps predicting one or more of the large US Homebuilders is going to implode because of their overbuilding and inability to sell new units at their old highly profitable margins. Most of...
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We have already noted the Van der Moolen (NYSE:VDM) exit of all NYSE Specialist activities and we’ve already covered some of the other key stocks where Van der Moolen acts as a Specialist in the...
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Following is the short interest in stocks of major companies traded on the NYSE. Figures are as of October 15 and compare to numbers on September 28, 2007. Most of the large increases and total short...
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