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Posts related to ‘ITB’

Lowe’s & Home Depot Diverge As Homebuilder Proxy (LOW, HD, XHB, ITB, DHI, PHM, PMI)

Posted: August 15, 2011 at 11:36 am

Lowe's Companies Inc. (NYSE: LOW) reported earnings on Monday morning ahead of the Tuesday report from The Home Depot, Inc. (NYSE: HD).  When you look at the Lowe's numbers and ...
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Counter-Take: Should Housing Really Be Recovering Yet? (ITB, XHB, KBH, HOV, DRI, LEN, TOL)

Posted: July 19, 2011 at 10:37 am

This week is starting to look a bit different for housing and homebuilders and it is a serious matter in considering that the news of the world and the less ...
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Funds Watch: Homebuilders’ ETFs Defy Gravity (XHB, ITB, PKB)

Posted: June 29, 2011 at 10:25 am

Over the last couple of week's, two of the best performing ETFs were the iShares Dow Jones US Home Construction ETF (NYSE: ITB), up more than 7%, and the SPDR ...
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IPO Watch: Housing Capital Raises… IPO-esque? (BZH, HOV, ITB)

Posted: April 8, 2011 at 1:32 pm

The dark side of investment banking beyond Initial Public Offerings usually revolves around secondary offerings and when companies raise capital via securities sales.  Generally speaking, these can offer investors a ...
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ETF Watch: Housing Resilience (XHB, ITB, PHM)

Posted: March 28, 2011 at 2:20 pm

The economic data on the housing front seems to have very little to cheer about.  Maybe there is some hope on pending sales today, but actual sale closings in existing ...
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Pulte Sets New Bar For Builders (PHM, XHB, ITB)

Posted: May 5, 2010 at 8:20 am

PulteGroup, Inc. (NYSE: PHM) is often thought of by many as the bogey of the US Homebuilding sector.  If so,  the company is giving a forecast that might mean profits ...
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New Home Sales Heading Wrong Way (XHB, ITB)

Posted: January 27, 2010 at 10:13 am

New home sales in December went back the wrong way, which was largely expected considering the data we had already seen from the housing sector in the last week.  The ...
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Lennar Saves Beazer, But Sets High Mark Tone (BZH, LEN, XHB, ITB, KBH)

Posted: January 7, 2010 at 9:52 am

Beazer Homes USA Inc. (NYSE: BZH) was weak earlier because of its proposed secondary offering that will add to dilution of shareholders.  This morning the company's secondary offering of 19,500,000 ...
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Moody’s Calls Bottom in Homebuilders, Sort Of (XHB, ITB, HOV)

Posted: December 17, 2009 at 10:46 am

Moody's Investors Service has raised the bias and outlook on the U.S. homebuilder sector this morning.  Its report was titled "U.S. Homebuilding Industry Shows Signs of Stability" and the ratings ...
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New Home Sales Highlight Softness (XHB, ITB, DHI, LEN)

Posted: October 28, 2009 at 10:26 am

The Commerce Department has just shown a report that new home sales for the month of September turned south.  This may increase the call for that first time home buyer ...
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Home Builders Already Cautious, Get More Cautious (XHB, ITB)

Posted: October 19, 2009 at 1:55 pm

The prior data out of the National Association of Home Builders had been improving for three consecutive months.  New data for October came out today showing that the index slipped.  ...
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Are Housing Gains A Sham? (XHB, ITB, URE, HD)

Posted: August 21, 2009 at 12:21 pm

This morning's July data for existing home sales, or used homes, posted another gain and this makes it the fourth consecutive month, according to the National Association of Realtors.  This ...
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Lower Housing Prices Generating Much Higher Sales (XHB, ITB)

Posted: July 27, 2009 at 9:14 am

The Commerce Department's data on new home sales did not just rise in June for a third straight month.  The new home sales rose sharply.  The headline number came in ...
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Homebuilders Look Less Depressed in Survey (XHB, ITB)Homebuilders Look Less Depressed in Survey (XHB, ITB)

Posted: July 16, 2009 at 12:24 pm

It looks like the NAHB survey of homebuilders are again feeling a bit "less-bad" than in recent surveys.  The survey for July shows a reading of 17, up from 15 ...
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Questionable Confidence Among Builders (XHB, ITB)

Posted: June 15, 2009 at 12:26 pm

The confidence among home builders looked like it was creeping higher, but the most recent data from the National Association of Home Builders showed a decrease in June.  This drop ...
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