Pending home sales (contracts signed, but not yet closed) fell in April, continuing a consecutive 16-month year-over-year decline. It's a poor kick-off to the year's prime home-buying season.
Source: ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending sales of existing homes in August. The pending home sales index fell 1.6% from a downwardly...
Renren Inc. (NYSE: RENN) has been an absolutely brutal initial public offering.  Since “The Facebook of China” came public it has only had one real positive trading session of its nine trading...
The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes for May. The pending home sales index fell 4.2 points (down 3.7%) to 110.8 from a...
Japan’s Nikkei newspaper has reported that Exxon Mobil Corporation (NYSE:XOM) has reach an agreement to sell about 1.5 billion cubic meters/year of natural gas from the Sakhalin-1 project to...
If you are an investor or a buyer in the market for a new home or if you are a homebuilder, there may be some good news after waves and waves of bad news and then “less-bad news.”  The...
Pending home sales rise 1.5% month over month in December with higher priced home sales up 10%. Low inventory of lower priced homes continue to be an obstacle for first-time buyers.
J.C. Penney posted quarterly results that will keep its shares in penny stock territory, perhaps permanently.
Renren Inc. (NYSE: RENN), often called “The Facebook of China,” has finally priced its initial public offering.  Due to the restated growth targets of last week and then due to the head of the...
The National Association of Realtors (NAR) this morning released its data on pending home sales in July. The index rose from 99.3 in June to a two-year high of 101.7. Compared with July of 2011, the...
Assume for the the time being that the housing crisis will last well into 2011, that foreclosures will rise, and the number of underwater mortgages will not improve from the current 11 million level....
The National Association of Realtors pending home sales index has now risen for six of the past seven months.
Source: ThinkstockThe National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes for June. The pending home sales index fell 1.8% to 110.3. Prior to...
SIRUS XM Radio Inc. (NASDAQ: SIRI) issued a statement after the close showing how the company is taking tiny steps to trim its debt balances.  Every penny of debt it can shed helps its overall...
It might seem fitting to wonder whether J.C. Penney or Sears ultimately will fail first, but first one of these two fallen retail giants will end up a classic penny stock first.