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A second homebuilder has reported fourth quarter and full-year earnings that handily beat very low expectations. Lennar Corp. (NYSE: LEN) reported this morning that it had quarterly EPS of $0.17 on...
Homebuilder KB Home (NYSE: KBH) posted a surprise EPS gain of $0.23 for its fourth quarter of 2010 ended in November. Analysts had expected an EPS loss of -$0.17. The company’s revenue fell by -33%...
Today’s disappointing report on unemployment from the US Labor Department sent stock futures down sharply this morning.  Along with that slide may have gone some glimmers of hope for US...
We are seeing a new round of 52-week lows this Monday with some basic themes from education to food to homebuilders.  Some of those tracked hitting 52-week lows are Apollo Group Inc. (NASDAQ: APOL),...
These are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes this morning: Anheuser-Busch InBev (NYSE: BUD) Started as Buy at Jefferies....
Sometimes logic can’t be used when trading economic data and stocks.  The National Association Of Realtors report shows a drop of about 27% this morning for July’s existing home sales fell to a...
Mergers are headed the way of smaller homebuilders.  That is the take from Citi.  The firm is looking at several companies in the sector and it featured Beazer Homes USA Inc. (NYSE: BZH), Meritage...
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: ADC Telecommunications Inc. (NASDAQ: ADCT) Cut to Hold at Jefferies....
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research early this Tuesday: Active Power Inc. (NASDAQ: ACPW) Started as Overweight at Thomas Weisel....
These are this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research notes this morning: Apartment Investment & Management Co. (NYSE: AIV) Raised to Sector...
Bank of America/Merrill Lynch has initiated coverage of the homebuilder sector this morning.  Technically this is a resumption of coverage.  While some are positive calls, there are still some...
We won’t bother telling you about the homebuilder merger this morning, because we already covered it once.  But in a down and out sector, you will see that traders are looking to see if there will...
You probably already figured that the increase in existing home sales was due to foreclosure, pre-foreclosure, and other distressed sales.  Today, Ryland Group Inc. (NYSE: RYL) had an interesting...
Today was another ugly day on Wall Street as sellers are winning over the conviction that the rumors that the bear was dead might be grossly exaggerated.  You’ll probably recognize many chip...
These are ten of the analyst calls we are focusing on this Thursday morning: Archer-Daniels (NYSE: ADM) cut to Hold at Citigroup. ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies....