Imagine how the world has changed when it comes to homebuilders. From boom to a massive boom, and then to bust. The bust was bad enough that many investors are probably surprised…
Jobs are expected to be at a nine-month high in February. (Reuters) Chrysler hopes to refinance its debt ahead of an IPO (Reuters) Banks which mishandled mortgage paperwork have been approached by…
Just last week the Mortgage Bankers Association, MBA, released its forecast for mortgage rates and numbers for the rest of 2010 and 2011. The association expect 30-year mortgages to fall through the…
There are many active stocks this morning with big price changes for active traders and day traders to look over. We are monitoring shares of AngloGold Ashanti Ltd. (NYSE: AU), Arena Pharmaceuticals,…
Sometimes logic can’t be used when trading economic data and stocks. The National Association Of Realtors report shows a drop of about 27% this morning for July’s existing home sales fell to…
Mergers are headed the way of smaller homebuilders. That is the take from Citi. The firm is looking at several companies in the sector and it featured Beazer Homes USA Inc. (NYSE:…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street firms: Beazer Homes (NYSE: BZH) Raised to Buy at UBS. BP plc (NYSE: BP)…
MarketWatch: Shanghai closed down 2% and Europe is weak MarketWatch: The euro hit a four year low against the dollar. Reuters: BP plc (NYSE; BP) says it is making progress with the…
Perhaps one way to get a read on where housing construction in the US is headed is to look at the companies who supply the lumber that goes into new construction. Louisiana-Pacific…
Many stocks are on the move this morning, and not all from earnings. The top day trader and active trader alerts are in American Capital, Ltd. (NASDAQ: ACAS), Beazer Homes USA Inc.…
Hewlett-Packard (NYSE: HPQ) sold off on news of trouble in Europe. The region is critical to the tech company’s sales. Citigroup (NYSE: C) shares also lost ground. There are concerns about how…
The secondary floodgates are reopening it seems. That’s a bull market for you. We have shares or units reacting against many such filings today. Those companies include Arena Pharmaceuticals, Inc. (NASDAQ: ARNA),…
There are many pre-market movers this morning, and most are still from earnings but not all… Those on the move this morning include Beazer Homes USA, Inc. (NYSE: BZH), BHP Billiton Ltd.…
We have many after-hours movers. Some are earnings related, and some are not. Movers in the after-hours session include Beazer Homes USA, Inc. (NYSE: BZH), BP plc (NYSE: BP), Federal Signal Corporation…
Bank of America/Merrill Lynch has initiated coverage of the homebuilder sector this morning. Technically this is a resumption of coverage. While some are positive calls, there are still some cautious undertones here…
