Tag Archives: Wall Street

PulteGroup To Redeem $328 Mln In Near-Term Notes – Wall Street Journal

Posted on November 17, 2010 by admin

PulteGroup To Redeem $328 Mln In Near-Term NotesWall Street JournalPulte has lowered its outstanding debt by about $2.8 billion the past two years, saving $180 million in annual interest costs, Chief Financial Officer Roger …PulteGroup to Redeem $328 Million in … Continue reading →

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EARNINGS PREVIEW: US Home Builders Had Slow Summer – Wall Street Journal

Posted on October 22, 2010 by admin

EARNINGS PREVIEW: US Home Builders Had Slow SummerWall Street JournalTAKING THE PULSE: US home builders' multiyear slump dragged on in the third quarter as buyers continued snapping up … and more » read more

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PulteGroup Receives 20% More Tenders Than Sought For Buyback – Wall Street Journal

Posted on October 21, 2010 by admin

PulteGroup Receives 20% More Tenders Than Sought For BuybackWall Street JournalPulte, which merged with competitor Centex a year ago, has seen recent strength, with revenue and orders climbing from depressed year-earlier levels. … and more » read more

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Sector Snap: Housing stocks rise – BusinessWeek

Posted on September 27, 2010 by admin

Sector Snap: Housing stocks riseBusinessWeekHomebuilder shares rose Friday after one of the major homebuilders reported its fiscal third-quarter loss narrowed, beating Wall Street's expectations. … and more » read more

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Hedge Funds Can’t Always Save Home Builders – Wall Street Journal (blog)

Posted on September 9, 2010 by admin

Hedge Funds Can't Always Save Home BuildersWall Street Journal (blog)Dozens of home builders—mostly small, privately-owned companies—have lost business or gone under because of the housing bust. … read more

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SEC Concludes KB Home Probe Without Action – Wall Street Journal

Posted on September 2, 2010 by admin

SEC Concludes KB Home Probe Without ActionWall Street JournalThe Los Angeles-based company, one of the nation's largest residential home builders, said it received a SEC letter disclosing the recommendation but …KB Home Announces Conclusion of SEC InvestigationMarketWatch (press release)KB Home … Continue reading →

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House Money: Bets on Beazer – Wall Street Journal

Posted on August 26, 2010 by admin

House Money: Bets on BeazerWall Street JournalOne of the companies in focus was Beazer Homes USA, whose shares have fallen by nearly a half since May. Traders scooped up more than 4000 $5 November call … and more » read more

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Farewell, faux chateau – San Francisco Chronicle (blog)

Posted on August 24, 2010 by admin

San Francisco Chronicle (blog) Farewell, faux chateauSan Francisco Chronicle (blog)The Wall Street Journal reported that one of the largest manufacturers of such houses, KB Home, "cut its earnings outlook for the year, citing declining … read more

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Builder KB Home Treasurer Masuda To Resign – Wall Street Journal

Posted on August 24, 2010 by admin

Builder KB Home Treasurer Masuda To ResignWall Street JournalNEW YORK (Dow Jones)–Builder KB Home (KBH) said Wednesday that Treasurer Kelly Masuda will resign effective Aug. 18. …KB Home shares slip after treasurer resignsMarketWatchTiconderoga Securities Maintains a 'Buy' on KB Home … Continue reading →

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Home-Resale Fees Under Attack – Wall Street Journal

Posted on July 31, 2010 by admin

Home-Resale Fees Under AttackWall Street JournalBetween 2001 and 2006, home-builder Lennar Corp. built fees into the sale of 13000 homes in California. Lennar has used the proceeds to add $3.8 milllon to … and more » read more

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