Home Depot’s Gloomy 2007 Forecast
Home Depot (HD) obviously does not think the housing market is going anywhere good in 2007. In its forecast for the year, it says its own revenue will grow by zero to 2%. EPS…
Home Depot (HD) obviously does not think the housing market is going anywhere good in 2007. In its forecast for the year, it says its own revenue will grow by zero to 2%. EPS…
Gafisa SA, a Brazilian homebuilder, has filed for an IPO in the United States. Since it already trades on the Sao Paulo Stock Exchnage in Brazil, this isn’t exactly a 100% true IPO. The…
From Ticker Sense The November S&P/Case-Shiller Home Price numbers were released this week, so we have updated our historical composite chart accordingly. We also include the CME Futures prices that expire in February, May,…
Home Depot (HD-NYSE) announced more management changes, although traders probably won’t treat it with much event impact. Frank Fernandez, executive vice president, secretary and general counsel, AND Dennis Donovan, executive vice president, Human Resources,…
Stock Tickers: MSFT, CAT, AMGN, CELG Cramer on his Wall Street Confidential video segment on TheStreet.com is saying to Hold Your Fire. There are days where it’s easier to craft the thesis to sell…
Cramer said it is a good thing that Nardelli is gone from Home Depot (HD). He says Hallelujah. I couldn’t agree more personally. Cramer says you should Sell HD here up $2 and go…
At least some of the economists surveyed by The Wall Street Journal believe that problems in the housing industry will "abate" in 2007. Anecdotal information suggests otherwise. Big home builder Lennear (LEN) cuts its…
We are encouraging our readers to contribute predictions and ideas for 2007. Do you want to get a shot at making your own 2007 forecats,predictions, and a even get a shot at making your…
In the PART 3 of Cramer’s "EVEN MORE BULLISH ON THE DOW" Cramer noted several more companies in the DJIA 30. He did discuss Home Depot (HD-NYSE) and while he noted almost every dislike…
By Yaser Anwar, CSC of Equity Investment Ideas These days I’ve been educating myself about futures thanks to CME‘s wicked educational platform for newbies and thought readers might be interested in 3 questions I…
USG (USG-NYSE) issued a press release today stating that the company has made its final payment of $3.05 BILLION as part of the settlement for reorganization into that United States Gypsum Asbestos Personal Injury…
Hovnanian (HOV) ended up having killer numbers, sort of….their numbers got killed. If this is the bottom for the homebuilders, well you better look at the guidance for 2007 and do some forward multiple…
No one likes housing stocks. The market for existing and new homes is simply too poor. Hovnanian, Pulte, DH Horton, and Lennar are all down between 10% and more than 30% over the last…
From SINLetter The first raging housing bubble of this millennium has clearly deflated and the debate has now shifted to whether housing is nearing a bottom. A couple of months ago I got a…
After the National Association of Realtors and almost every economic forecaster in the world has said the housing in is a slump and will stay there, the home building industry has caught on. Executives…