Tag Archives: Junk

S&P Downgrades Pulte, Cuts Hovnanian’s Outlook – Wall Street Journal

S&P Downgrades Pulte, Cuts Hovnanian's OutlookWall Street JournalThe one-notch cut of Pulte's ratings to BB- puts the company three steps into junk territory. The ratings outlook was revised to stable from negative. … and more » read more

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Time Bashes Homeownership, Buy Homebuilder Stocks – Forbes (blog)

Time Bashes Homeownership, Buy Homebuilder StocksForbes (blog)Then I saw that the WSJ's run down of the winners and losers in fixed income for the month of August and saw that the junk bonds of big homebuilders like … and more » … Continue reading

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Junk Bonds Sell With Weakest Creditor Protection Since 2007 – BusinessWeek

Junk Bonds Sell With Weakest Creditor Protection Since 2007BusinessWeekEven with housing starts hovering at their lowest levels on record, Beazer Homes USA Inc. managed to sell bonds this month on terms that allow it to add … and more » read … Continue reading

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