• The entrance to an unfinished phase in the Bent Creek development by Lennar in Ft. Pierce, Florida

    Homebuilder confidence improved slightly in November

    Builder confidence in the market for newly built, single-family homes improved a tad in November, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
  • Pulte posts narrower quarterly loss

    No. 1 U.S. homebuilder PulteGroup Inc posted a far narrower than expected quarterly loss on Wednesday and said it expects to record a profit for 2010 overall, as the housing market pulls out of a brutal downturn.
  • Pulte posts smaller quarterly loss

    Pulte Homes Inc , the biggest U.S. homebuilder, reported a smaller fourth-quarter net loss on Tuesday, helped by tax benefits.
  • Chrysler gets court OK on loan, seeks Fiat sale

    U.S. automaker Chrysler LLC won interim court approval on Monday to access a $4.5 billion bankruptcy loan from the U.S. and Canadian governments, pushing it further along toward its planned sale to Italy's Fiat SPA .
  • Chrysler seeks quick sale to Fiat; lenders object

    Chrysler asked the U.S. Bankruptcy Court on Monday for a swift hearing into its planned sale to Italy's Fiat SpA , eliciting immediate objections from some secured lenders.
  • Chrysler seeks quick sale to Fiat as lenders object

    Chrysler asked the U.S. Bankruptcy Court on Monday for a swift hearing into its planned sale to Italy's Fiat SpA, eliciting immediate objections from some secured lenders.
  • Pulte Homes to buy Centex in $1.3 bln stock deal - Update

    Wednesday, home builder Pulte Homes, Inc. announced a definitive agreement to buy rival Centex Corp. in a stock-for-stock deal valued at $3.1 billion, including $1.8 billion of net debt, which could create America's largest homebuilding company. Subject to shareholder approval and the satisfaction of customary closing conditions and regulatory approvals, Pulte and Centex expect to complete ...