This Month’s Biggest Index Losers: Home Furnishing Retailers, Homebuilders, and Surety and Title Insurance StocksGeothermal, Brazil, And Chinese Travel Stocks
Heavy losses were sustained in three Tickerspy indexes over the last 30-day period. This month’s biggest index losers are in home furnishing retailers, homebuilders, and surety and title insurance stocks. Home furnishing retailer stocks are down 22.9% in the past month.…
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Home furnishing retailer stocks are down 22.9% in the past month. The worst performing stocks in the sector are Kirkland’s Inc., (NASDAQ: KIRK) down 23.8%, Pier 1 Imports Inc., (NYSE: PIR) down 23.4%, and Haverty Furniture Companies Inc., (NYSE: HVT) down 21.5%.
Homebuilder stocks are down 18.7% in the past month. The worst performing stocks in the sector are Hovnanian Enterprises Inc., (NYSE: HOV) down 37%, Brookfield Homes Corp., (NYSE: BHS) down 30.1%, and Standard Pacific Corp., (NYSE: SPF) down 21.9%.
Surety and title insurance stocks are down 18.8% in the past month. The worst performing stocks in the sector are Ambac Financial Group, Inc. (NYSE: ABK) down 44.8%, PMI Group Inc., (NYSE: PMI) down 34.3%, and First American Financial Corporation, (NYSE: FAF) down 32.2%.
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
