International Business News - KBH http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif When the U.S. housing market hit the skids, homebuilders like KB Home that thrived by offering large homes and expensive amenities began to rethink their home designs with an eye toward making smaller, less costly homes. http://www.ibtimes.com/data/articleimgs/149372-small-homes.jpg http://www.ibtimes.com/articles/20081010/homebuilders-say-less-is-more-with-new-homes.htm http://www.ibtimes.com/articles/20081010/homebuilders-say-less-is-more-with-new-homes.htm Fri, 10 Oct 2008 17:33:25 EDT Housing stocks rose Wednesday after an industry group reported an unexpected rise in August pending homes sales, even as the broader market turned sour on concerns that concerted monetary policy may not be enough to stave off a deep global recession. http://www.ibtimes.com/articles/20081008/sector-snap-homebuilders-rise.htm Wed, 08 Oct 2008 11:20:21 EDT Major homebuilders' stocks were down Monday, swept up in an overall market sell-off as investors worried that the Bush administration's $700 billion rescue plan won't work fast enough to unfreeze credit markets. http://www.ibtimes.com/articles/20081006/sector-snap-homebuilders-down-as-markets-tumble.htm Mon, 06 Oct 2008 13:45:39 EDT The federal government's $700 billion bailout of the financial industry could help homebuilders and mortgage lenders, but is unlikely to bring fast relief to anybody trying to buy or sell a house anytime soon. http://www.ibtimes.com/articles/20081003/bailout-not-a-panacea-for-housing-market.htm Fri, 03 Oct 2008 18:15:46 EDT Major homebuilders' stocks were mostly down Friday after lawmakers in the House voted to pass the government's proposed $700 billion financial bailout package and President Bush signed the measure into law. http://www.ibtimes.com/articles/20081003/sector-snap-homebuilders-mostly-down.htm Fri, 03 Oct 2008 15:25:17 EDT Despite a deepening housing slump and a lingering credit crisis, stocks for several major U.S. homebuilders managed to post surprising gains in the third quarter. http://www.ibtimes.com/articles/20080930/homebuilders-shares-end-3q-higher.htm Tue, 30 Sep 2008 17:52:35 EDT The recession in the U.S. housing market is expected to be deeper, longer and scarier if lawmakers continue to be deadlocked in their effort to pass a $700 billion bailout of the financial industry. http://www.ibtimes.com/articles/20080929/bailouts-failure-bad-news-for-housing-market.htm Mon, 29 Sep 2008 18:16:07 EDT Major homebuilders' stocks fell sharply Monday amid an overall drop on Wall Street after lawmakers in the House failed to pass the government's proposed $700 billion financial bailout package. http://www.ibtimes.com/articles/20080929/sector-snap-homebuilders-down.htm Mon, 29 Sep 2008 15:08:57 EDT Frank sees bailout agreement by Sunday WASHINGTON (AP)--The Bush administration and Congress anxiously revived negotiations Friday on a $700 billion financial bailout, one day after the largest bank collapse in U.S. history provided a brutal reminder of the risks of failure. http://www.ibtimes.com/articles/20080926/business-highlights.htm Fri, 26 Sep 2008 21:12:12 EDT Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080926/wamu-rim-jpmorgan-ge-among-big-movers.htm Fri, 26 Sep 2008 17:42:16 EDT Among the earnings stories for Friday, Sept. 26, from AP Financial News: PORTLAND, Ore. (AP)--American Greetings Corp. said Friday that second-quarter profit dropped 73 percent on lower margins and higher costs as the greeting card company invested in products to drive sales growth. http://www.ibtimes.com/articles/20080926/earnings-roundup-american-greetings-azz.htm Fri, 26 Sep 2008 18:27:07 EDT Among the earnings stories for Friday, Sept. 26, from AP Financial News: LOS ANGELES (AP)--KB Home said Friday its third-quarter loss quadrupled from a year-ago period which was helped by hefty gains on the homebuilder's now-discontinued French operations. Results missed Wall Street expectations as cost-cutting measures failed to offset excessive inventories and lower revenue. http://www.ibtimes.com/articles/20080926/earnings-roundup-kb-home-american-greetings.htm Fri, 26 Sep 2008 10:27:29 EDT KB Home, one of the nation's largest home builders, said Friday its third-quarter loss quadrupled from the year-ago period, missing Wall Street's expectations as revenue plunged by 56 percent amid falling sales and home prices. http://www.ibtimes.com/articles/20080926/kb-home-3q-loss-widens-as-housing-slump-drags-on.htm Fri, 26 Sep 2008 17:28:55 EDT Homebuilder KB Home reports earnings for its fiscal third quarter on Friday. The following is a summary of key developments and analyst commentary related to the period. http://www.ibtimes.com/articles/20080925/earnings-preview-kb-home.htm Thu, 25 Sep 2008 17:07:36 EDT Major business events and economic events scheduled for Friday: WASHINGTON--The Commerce Department releases second-quarter gross domestic product, 8:30 a.m. http://www.ibtimes.com/articles/20080925/calendar-of-major-business-events-friday.htm Thu, 25 Sep 2008 14:44:12 EDT Lennar Corp., one of the nation's largest homebuilders, said Tuesday that its sales in the third quarter plunged more than 50 percent and it does not expect the housing market to improve "for some time to come." http://www.ibtimes.com/data/articleimgs/136669-lennar.jpg http://www.ibtimes.com/articles/20080923/lennar-loss-narrows-revenue-drops.htm http://www.ibtimes.com/articles/20080923/lennar-loss-narrows-revenue-drops.htm Tue, 23 Sep 2008 18:00:40 EDT Homebuilder shares fell sharply Monday, giving back much of the gains registered in Friday's overall market run-up, as investors reassessed the chances that the government's bailout plan will invigorate the housing sector. http://www.ibtimes.com/articles/20080922/sector-snap-homebuilders-slide-on-bailout-worries.htm Mon, 22 Sep 2008 12:58:07 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): MONDAY, Sept. 22 http://www.ibtimes.com/articles/20080919/business-events-and-economic-reports-scheduled.htm Fri, 19 Sep 2008 15:27:08 EDT Shares of major homebuilders soared Thursday as the government prepared plans to buy up mortgage-related debt that has plummeted in value over the past year. http://www.ibtimes.com/articles/20080919/shares-of-homebuilders-rise-on-govt-intervention.htm Fri, 19 Sep 2008 10:22:34 EDT Shares of most major homebuilders rose Tuesday afternoon after Federal Reserve policy makers left a key interest rate unchanged and an index showed industry executives' sentiment improving. http://www.ibtimes.com/articles/20080916/shares-of-builders-rise-after-fed-holds-rates-firm.htm Tue, 16 Sep 2008 15:30:54 EDT