(NEW YORK)In a July 1 story about a JP Morgan analyst note on homebuilders, The Associated Press erroneously reported two of analyst Michael Rehaut's statements.READ MORE
(NEW YORK)JP Morgan analyst Michael Rehaut said downward pressure on housing stocks is likely to persist because of higher interest rates, less help with down payments and declining company ...READ MORE
(WASHINGTON)A government report due Tuesday is forecast to show that construction activity fell 0.5 percent in May, as pain in the housing sector continued to outweigh gains in other parts of ...READ MORE
(NEW YORK)KB Home shares continued to decline Monday after several analysts cut their earnings targets for the troubled homebuilder. KB dropped 79 cents to $16.93 Monday. The stock fell shar...READ MORE
Among the stock activity stories for Monday, June 30, from AP Financial News: NEW YORK (AP)--KB Home shares continued to decline Monday after several analysts cut their earnings ta...READ MORE
Oil near $143 on view dollar will keep falling NEW YORK (AP)--Oil futures climbed to a new record near $143 a barrel Friday as the dollar weakened against the euro, confirming expe...READ MORE
(LOS ANGELES)KB Home's latest quarterly results capped a week of discouraging trends for the homebuilding sector Friday. The Los Angeles-based builder reported a larger second-quarter loss ...READ MORE