International Business News - SPF 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 Construction of new homes plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived. http://www.ibtimes.com/articles/20081119/us-home-construction-sinks-to-new-record-low.htm Wed, 19 Nov 2008 13:34:58 EST A government report on new-home construction and building permit applications for October is forecast to show declines for the fourth straight month as the housing sector is pulled down by falling prices, weak demand and a probable recession. http://www.ibtimes.com/articles/20081119/ahead-of-the-bell-housing-starts.htm Wed, 19 Nov 2008 06:13:56 EST Homebuilder shares were broadly mixed Friday after industry data showed a surprising increase in sales of existing homes. A majority of major builders showed sharp moves, with Pulte Homes Inc. adding 5 percent and Standard Pacific Corp. down 9.5 percent. http://www.ibtimes.com/articles/20081024/housing-stocks-finish-mixed-as-sales-increase.htm Fri, 24 Oct 2008 17:29:30 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 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 As Wall Street reveled in risky debt earlier this decade, manufacturers like Caterpillar Inc. guarded their cash. Now, with credit markets so volatile, the party poopers seem in the best position to weather the crisis. http://www.ibtimes.com/articles/20080919/cash-hoarders-poised-to-weather-credit-turbulence.htm Fri, 19 Sep 2008 16:47:04 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 Homebuilder Standard Pacific Corp. said Tuesday its net new home orders from continuing operations in July and August fell 30 percent from the year-ago period, hurt by the prolonged housing slump. http://www.ibtimes.com/articles/20080916/housing-slump-hurts-standard-pacific-orders.htm Tue, 16 Sep 2008 09:38:37 EDT Standard Pacific Corp. sold $381 million in convertible preferred shares to equity firm MatlinPatterson Global Advisers LLC, the homebuilder said Monday. http://www.ibtimes.com/articles/20080630/standard-pacific-raises-capital-with-stock-sale.htm Mon, 30 Jun 2008 09:03:37 EDT Next week, investors will get updates on the struggling housing sector when the Department of Commerce reports data on new home sales for May, and the National Association of Realtors reports on existing home sales. http://www.ibtimes.com/articles/20080620/on-the-watch-hban-smod-hum.htm Fri, 20 Jun 2008 17:22:28 EDT Homebuilder Standard Pacific Corp. said Monday its net new home orders, excluding discontinued operations, for April and May fell 12 percent from the same period last year, blaming a tough housing market. http://www.ibtimes.com/articles/20080616/standard-pacific-april-and-may-home-orders-fall.htm Mon, 16 Jun 2008 17:59:09 EDT Investors returned from a long weekend Tuesday to news that homebuilder Standard Pacific Corp. received an equity investment worth more than $530 million from affiliates of private equity firm MatlinPatterson Global Advisers LLC. http://www.ibtimes.com/articles/20080530/hot-stocks-of-the-week-spf-key-kosn-mrvl.htm Fri, 30 May 2008 16:35:02 EDT Among the stock activity stories for Wednesday, May 28, from AP Financial News: NEW YORK (AP)--Shares of Standard Pacific Corp. continued to rise Wednesday, one day after the homebuilder said it received a more than $530 million equity investment. A UBS AG analyst called the infusion a "lifeline" for the company. http://www.ibtimes.com/articles/20080528/movers-roundup-standard-pacific-wms-industries.htm Wed, 28 May 2008 14:35:57 EDT Shares of Standard Pacific Corp. closed flat Wednesday, one day after the homebuilder said it received a more than $530 million equity investment. A UBS AG analyst called the infusion a "lifeline" for the company. http://www.ibtimes.com/articles/20080528/standard-pacific-up-after-equity-investment-news.htm Wed, 28 May 2008 17:56:28 EDT Among the sector activity stories for Tuesday, May 27, from AP Financial News: NEW YORK (AP)--Online retail stocks mostly rose Tuesday, with digital music retailer Napster Inc. regaining some ground lost last week after its fiscal fourth-quarter report. http://www.ibtimes.com/articles/20080527/sector-roundup-internet-homebuilders.htm Tue, 27 May 2008 14:39:57 EDT Standard Pacific Corp. shares surged more than 50 percent on Tuesday after it received an equity investment of $530 million from affiliates of a private equity firm, helping send the Standard & Poor's SmallCap 600 Index higher at midday. http://www.ibtimes.com/articles/20080527/s-p-smallcap-600-in-focus-spf-mnc.htm Tue, 27 May 2008 13:24:38 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080527/vodafone-yahoo-ubs-among-big-market-movers.htm Tue, 27 May 2008 16:27:09 EDT Shares of most homebuilders climbed Tuesday as data showed new home sales posted unexpected growth in April and Standard Pacific Corp. said it would receive a private equity investment of more than $530 million. http://www.ibtimes.com/articles/20080527/sector-snap-homebuilders-mostly-up-on-sales-data.htm Tue, 27 May 2008 11:55:44 EDT Homebuilder Standard Pacific Corp. said Tuesday it reached a deal to receive more than $530 million from affiliates of private equity firm MatlinPatterson Global Advisers LLC. http://www.ibtimes.com/articles/20080527/standard-pacific-receives-530-million-investment.htm Tue, 27 May 2008 08:39:06 EDT Housing stocks declined Wednesday after a trade group said mortgage applications fell last week and a ratings agency slashed one homebuilder's credit ratings to junk status. http://www.ibtimes.com/articles/20080521/sector-snap-housing-shares-fall-on-loan-volume.htm Wed, 21 May 2008 12:10:12 EDT