Search Results for: LKEN
It is never good news when a home-builder sells a big portion of its real estate. Lennar (LEN) sold 11,000 home sites for $525 million. A company controlled by Morgan Stanley (MS) will take control...
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Three websites would be closed permanently and fined $575,000 by the Federal Trade Commission for illegally selling cosmetic contact lenses.
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CNBC is reporting that Bank of America (BAC) CEO Ken Lewis will step down by the end of the year.There have been a number of reports in the past that he would leave the bankThe bank confirmed media...
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Today we got to see Ken Heebner of CGM Funds for a quick interview on CNBC. For those of you who follow Mr. Heebner, you already know that he is deemed by most as a far better trend spotter and...
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Ken Heebner of the CGM Focus Fund (CGMFX) has made a game-changing move in his portfolio. In a CNBC interview with Erin Burnett, Heenber was asked about his positions in two key stocks in the...
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As the financial crisis spreads quickly from Wall St. to other industries, two large home building projected have received default notices. The problems involve developments in Las Vegas where house...
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When CEOs of major Wall Street banks came to Washington to testify before the House Financial Services Committee, they discussed cryptocurrencies and the potential involvement of banks with digital...
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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 The company is expected to post a sharp drop-off after the company had already withdrawn guidance.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...
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Westinghouse Solar, Inc. (NASDAQ: WEST), also called Akeena Solar, is getting a major boost this morning due to a supply contract for Lennar Corporation (NYSE: LEN). The designer and manufacturer...
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The National Association of Homebuilders (NAHB)/Wells Fargo housing market index rose 1 point in October, to 41, the highest index reading since June 2006. An index reading below 50 indicates that...
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Ken Lewis, head of Bank of America (BAC), may be the most reviled financial executive in the United States. He bought Merrill Lynch when it was hemorrhaging money. He let big bonuses to Merrill...
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The Commerce Department has just shown a report that new home sales for the month of September turned south. This may increase the call for that first time home buyer $8,000.00 tax credit, but it...
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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 home...
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