Tag Archives: wall street journal

Deutsche Bank Downgrades Mexican Homebuilder Geo To Hold – Wall Street Journal

Posted on February 22, 2011 by admin

Deutsche Bank Downgrades Mexican Homebuilder Geo To HoldWall Street JournalMEXICO CITY (Dow Jones)–Deutsche Bank downgraded the shares of Mexican homebuilder Corporacion Geo SAB (GEO.MX, CVGFY) to hold from buy Monday, saying it expects increased working capital needs to limit generation … Continue reading →

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Outgoing PulteGroup CFO Cregg Defends Decisions – Wall Street Journal (blog)

Posted on February 19, 2011 by admin

Outgoing PulteGroup CFO Cregg Defends DecisionsWall Street Journal (blog)After the news broke, he spoke to Developments, in which he defended Pulte's 2009 acquisition of Centex Corp. and praised what he called Pulte's “long-term” outlook on home building. Two weeks ago, … Continue reading →

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Brazil Stocks Rise On BRF, Credit-Card Companies, Homebuilders – Wall Street Journal

Posted on February 18, 2011 by admin

Brazil Stocks Rise On BRF, Credit-Card Companies, HomebuildersWall Street JournalSAO PAULO (Dow Jones)–Brazilian stocks gained Friday as homebuilders and credit-card payment processors jumped and BRF Brasil Foods climbed on reports Warren Buffett had bought shares of the company. The benchmark … Continue reading →

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Home Builders Find Georgia Peachy – Wall Street Journal

Posted on February 18, 2011 by admin

Home Builders Find Georgia PeachyWall Street JournalWatching different regions recover from the housing bust is like betting on a horse race. There is a temptation to put money on a few long shots. Nearly five years after the housing market … Continue reading →

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Real estate affordability sets record in Q4 – Inman.com

Posted on February 17, 2011 by admin

Washington Post Real estate affordability sets record in Q4Inman.comHome affordability rose to its highest level in 20 years in the fourth quarter of 2010, according to an index released by the National Association of Home Builders and Wells Fargo today. … Continue reading →

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Why Lacking Homebuilder Confidence Doesn’t Jive With Anecdotal Signs of Life – Seeking Alpha

Posted on February 16, 2011 by admin

MiamiHerald.com Why Lacking Homebuilder Confidence Doesn't Jive With Anecdotal Signs of LifeSeeking AlphaThe National Association of Home Builders (NAHB) issued its monthly Housing Market Index (HMI) for February. The HMI stuck at 16 for the fourth month in a row, … Continue reading →

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Home Prices Show Signs of Leveling Off – Nightly Business Report

Posted on February 16, 2011 by admin

Washington Post Home Prices Show Signs of Leveling OffNightly Business ReportStill, home builders remain pessimistic. The monthly survey by the National Association of Home Builders held steady in January at the same level it has been at for four months: … Continue reading →

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US Stocks Decline Modestly; Homebuilders Lag – Wall Street Journal

Posted on February 12, 2011 by admin

US Stocks Decline Modestly; Homebuilders LagWall Street JournalHome builders weakened after the Obama administration unveiled a proposal Friday for winding down mortgage giants Fannie Mae and Freddie Mac. … and more » read more

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Pulte 4Q Loss Widens As Revenue, Closings Decline – Wall Street Journal

Posted on February 11, 2011 by admin

MiamiHerald.com Pulte 4Q Loss Widens As Revenue, Closings DeclineWall Street Journal31, Pulte reported a loss of $165.4 million, or 44 cents a share, compared with a loss of $116.9 million, or 31 cents, a year earlier. …Pulte pretax loss narrowsReutersPulte … Continue reading →

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DR Horton Swings To 1Q Loss Amid Lower Revenue – Wall Street Journal

Posted on January 31, 2011 by admin

TheStreet.com DR Horton Swings To 1Q Loss Amid Lower RevenueWall Street Journal31, Texas-based DR Horton, one of the nation's largest home builders, reported a loss of $20.4 million, or 6 cents a share, against a year-earlier profit of …DR Horton … Continue reading →

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