Hopes for a recovery in homebuilding have picked up recently, primarily as a result of pent-up demand for new household formation. All those college grads who moved back in with their parents…
The housing market is supposed to be doing better and the lack of a new recession is supposed to have helped to put in a floor under what had been consistently falling…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday (Friday the 13th). Apple Inc. (NASDAQ: AAPL) Reiterated Buy and Raised Target…
Markets opened slightly higher this morning but have been wobbling around the neutral line for the whole day. This morning’s report on the decline of housing prices (our coverage here) and the…
This morning’s report on the S&P Case-Shiller housing price index indicated that housing prices continue to fall in the US (our coverage here). Shortly before the January data was released, homebuilder Lennar…
Lennar Corp. (NYSE: LEN), one of the country’s largest homebuilders, today reported earnings for its first fiscal quarter ended February 29th. The company reported EPS of $0.08 on total revenue of $724…
Paul Ausick Markets opened about higher this morning following a flat close in Asia and a bit of enthusiasm in Europe following a manufacturing survey from Germany (our coverage here). Then Fed Chairman Ben…
Earnings season is all but over and only the tail end of the quarterly and off-calendar reporting outfits are still reporting earnings. Still, the coming week does have several key earnings reports…
US equities opened higher this morning following the report on a US non-farm payroll gain of 227,000 jobs (more coverage here). In Europe, the Greek debt swap deal went off smoothly, but…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Arch Coal, Inc. (NYSE: ACI) Cut to Market Perform at BMO. Cabela’s, Inc.…
D.R. Horton, Inc. (NYSE: DHI) rarely makes a splash on the most active option contracts. So when you see a contract volume of 70,186 contracts traded in the April 2012 $14.00 Put…
Of all the big US homebuilders, Hovnanian Enterprises Inc. (NYSE: HOV) has been one of the most troubled. But the company’s first fiscal quarter earnings report might represent a small step in…
Homebuilders have been on the mend and the fresh strength in the economic data on jobs and services is only going to help that. Still, when is a great move just too…
Jon C. Ogg The National Association of Home Builders/Wells Fargo Housing Market Index rose 4 points, to 25, in December. That’s the highest index reading since June 2007, and the fourth consecutive monthly increase in…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. American Express Co. (NYSE: AXP) Reiterated Buy with $60…
