3:45pm ET
Investing
The 52-Week Low Club
Lennar (LEN), Hovnanian (HOV), and Beazer Homes (BZH). Forget the stock price. Each has lost about 50% of its market value of the last year. Journal Register (JRC) Newspaper chain. Down to…
LEN Coverage Page 22
7:40am ET
Investing
Morning Research Calls 7/2/2007
SIA says that May semiconductor sales rose 2.4% from the same month last year. Piper Jaffray upgrades Packeteer (PKTR) Lehman starts Take Two (TTWO) at Underweight Credit Suisse reaffrims Outperform on Staples…
3:17pm ET
Investing
Blackstone (BX) Leads The 52-Week Low Club
Blackstone (BX) Investors still worry about slowing private equity and tax issues. Shares fall to $28.75 from post-IPO high of $38. American Home Mtg (AHM) Forecasts second quarter loss on delinquent mortagages.…
3:06pm ET
Investing
Blackstone (BX) Joins The 52-Week Low Club
Blackstone (BX) It did just go public, but it should be doing better than this. $30.32, down from $38. W Hldg (WHI) Bank holding company says one of its asset-backed loans is…
6:59am ET
Investing
Pre-Market Stock News (June 26, 2007)
(BEXP) Brigham Exploration increased natural gas production guidance from 42-45MCF to 44-46MCF.(BLK) Blackrock will acquire the fund of funds business of Quellos for up to $1.7 Billion.(BSC) Bear Stearns has report in…
3:39pm ET
Housing
Earnings Preview: Lennar (June 2007) (LEN, XHB, ITB)
Lennar Corp. (LEN-NYSE) reports earnings on Tuesday. The company is expected to post a sharp drop-off after the company had already withdrawn guidance. FirstCall has estimates at $0.05 EPS on very wide…
2:54pm ET
Housing
Short Sellers Boost Bet Against Homebuilders (June 2007)
Stock Tickers: XHB, DHI, LEN, PHM, CTX, TOL, NVR, KBH, MDC, RYL, SPF, BZH, HOV This can’t be a shock considering ‘how great’ the housing market is and how many new homes…
8:32am ET
Investing
May Short Interest in Homebuilders Up (XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYL)
Stock Tickers: XHB, KBH, DHI, PHM, CTX, NVR, MDC, HOV, BZH, LEN, TOL, RYL The short interest for MAY 2007 is out. We noticed an increase in the number of shares in…