ThinkstockLast Friday shares of Real Goods Solar Inc. (NASDAQ: RSOL) virtually doubled. Shares are up another 50% so far today and have been trading around $6 a share after posting a new…
ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in February rose 0.8% to 4.98 million from an upwardly revised total of 4.94 million…
U.S. equity markets opened higher this morning and maintained the upside, anticipating that today’s FOMC statement would not provoke any surprises. And the markets were not surprised (more coverage here). In Europe,…
ThinkstockLennar Corp. (NYSE: LEN) reported fiscal first-quarter results before markets opened this morning. The home builder reported quarterly diluted earnings per share (EPS) of $0.26 on revenues of $989.9 million. In the…
Paul Ausick U.S. equity markets opened higher this morning but worries about a resolution to the banking crisis in Cyprus soon took over and pushed shares down. In other parts of Europe, Spain’s bad…
ThinkstockBy now you are likely well aware that the housing crisis is not just over. The housing market is undersupplied and many markets are experiencing huge booms in their pricing. Many economists preach…
ThinkstockFollowing about 10 months of mostly steady improvement in share prices, growth has flattened out a little in the homebuilders’ stocks. Upbeat reports on the state of the housing market, historically low…
Jon OggThese are this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Outperform at CLSA and maintained Outperform and target raised…
ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with supply. Doomsday…
ThinkstockLast month we wrote about the huge rally in the homebuilding stocks since the lows of the stock market in March of 2009. Stocks that were written off for dead like Lennar…
U.S. equity markets opened lower this morning following an announcement from Germany that its economy had contracted by 0.5% in the fourth quarter (more coverage here). U.S. data was released on producer…
ThinkstockLennar Corp. (NYSE: LEN) reported fiscal fourth-quarter and full-year 2012 results before markets opened this morning. The homebuilder reported quarterly diluted earnings per share (EPS) of $0.56 on revenues of $1.35 billion.…
Paul Ausick U.S. equity markets opened mixed this morning, with the S&P 500 and the Nasdaq Composite both getting pushed lower on a report that Apple Inc. (NASDAQ: AAPL) has cut iPhone component orders…
Flickr, Images of MoneyThe resolution for the fiscal cliff remains elusive. The politicians hate each other too much to be rational. If one sector has a lot to lose as the country…
ThinkstockThe bad timing of Wall St. analysts is legendary. As the implosion of the subprime mortgage credit market mirrored the collapse in residential and commercial market real estate values in late 2008…
