A Lennar Veteran Dares to Build Again
BusinessWeek
Haddad has some deep-pocketed backers: They include his former employer, Miami-based homebuilder Lennar (LEN), as well as tech billionaire Michael S. Dell and Ross Perot Jr., son of the Texas mogul and two-time Presidential candidate. …

Homebuilder ads highlight pitfalls of foreclosures
BusinessWeek
Major homebuilders have embarked on aggressive marketing campaigns they hope will help them compete with thousands of foreclosed homes flooding the market in cities like Phoenix. The companies are using warnings about unknown repairs, …
Homebuilder Ads Highlight Pitfalls of ForeclosuresABC News

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KB Home CEO gets $6.1 million in 2010 compensation
BusinessWeek
KB Home CEO Jeffrey Mezger received a pay package valued at $6.1 million in fiscal 2010, down 17 percent from fiscal 2009. That's according to an Associated Press analysis of data filed by the homebuilder with regulators. …
KB Home CEO Gets $6.1 Million in 2010 CompensationABC News
KB Home CEO gets $6.1 million in 2010 compensationBismarck Tribune

all 92 news articles »

Carnival, Pulte, Janus, Nvidia: US Equity Movers
BusinessWeek
Pulte Group Inc. (PHM US) declined 7.5 percent to $7.20. DR Horton Inc. (DHI US) dropped 5.7 percent to $12.07. USG Corp. (USG US), a building materials producer, sank 9.8 percent to $16.90. Alibaba.com Ltd. (ALBCF US) slumped 13 percent, …

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Sector roundup: Homebuilders, Airlines
BusinessWeek
Shares in homebuilders tumbled following the release of a report showing home prices have declined across many major US cities to their lowest levels since the housing downturn began. — Shares of two major cruise-ship operators plunged more than 6 …

Carnival, Pulte, Janus, Kraft, Nvidia: US Equity Movers
BusinessWeek
Pulte Group Inc. (PHM US) declined 7.1 percent to $7.23. DR Horton Inc. (DHI US) dropped 6.5 percent to $11.98. Alibaba.com Ltd. (ALBCF US) slumped 13 percent to $1.94 after sinking as much as 14 percent, the most intraday since October 2008. …

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KB Home warns it could be forced to pay $180M
BusinessWeek
KB Home said Friday it could potentially be ordered to pay $180 million plus legal fees as a result of a ruling in a bankruptcy case involving a …
Las Vegas Project Weighs on KB HomeWall Street Journal
UPDATE 1-KB Home may have to repay $180 mln South Edge loanReuters
JPMorgan Wins Trustee in KB Home Vegas ProjectLos Angeles Business Journal
Morningstar.com -Automated Trader
all 37 news articles »

Ryland Group slides to a loss in 4th quarter
BusinessWeek
Homebuilders like Ryland have been struggling through the worst housing downturn in decades. New home sales have declined for five years in a row. …

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Summary Box: Homebuilders' outlook still negative
BusinessWeek
By AP HOLDING STEADY: A key gauge of US homebuilders' confidence remained unchanged in January, reflecting many builders' pessimism over the prospects for …

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