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 recent housing…
Earnings season is supposed to be over. Guess again. This coming week is going to feel like the earnings floodgates are open and the companies reporting have market-moving and sector-moving abilities. Monday…
Boston Scientific (NYSE: BSX) lost ground after it disclosed that its short-term CEO, Ray Elliott, would leave. Elliott joined the firm two years ago to engineer a turnaround which never happened. Yahoo!…
Homebuilder PulteGroup Inc. (NYSE: PHM) employed more than 13,000 people at the end of 2005. The company now employs less than 4,800, and that number is set to fall again, but as…
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…
Home Depot Inc. (NYSE: HD) may not have a great housing market to boost its shares, but the company has decided to take an unusual approach to returning capital to shareholders. The…
Lennar (NYSE: LEN) received a large amount of bad press after it was disclosed that an outsider had been accused of insider trading in the company’s shares Alcatel Lucent’s (NYSE: ALU) image…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AFLAC Inc. (NYSE: AFL) Reiterated Buy and $83 target at BofA/ML.…
Spring is traditionally the best season for new home builders. In 12 of the past 14 years, sales of new homes peaked in March or April. If 2011 is going to live…
The Mortgage Bankers Association publishes a summary of mortgage applications every week, and as a barometer of home sales it adds some color to the official reports from the government. For last…
A second homebuilder has reported fourth quarter and full-year earnings that handily beat very low expectations. Lennar Corp. (NYSE: LEN) reported this morning that it had quarterly EPS of $0.17 on revenue…
Homebuilder KB Home (NYSE: KBH) posted a surprise EPS gain of $0.23 for its fourth quarter of 2010 ended in November. Analysts had expected an EPS loss of -$0.17. The company’s revenue…
Today’s disappointing report on unemployment from the US Labor Department sent stock futures down sharply this morning. Along with that slide may have gone some glimmers of hope for US homebuilders. A…
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 stocks on the move this Monday morning for active traders. Stocks we are tracking are Apple Inc. (NASDAQ: AAPL), Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Expedia Inc. (NASDAQ: EXPE), Lennar…
