International Business News - TOL 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 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 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 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 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 Battered housing developers are a getting a bit more optimistic about their prospects for the next six months, an index of the sector's confidence showed Tuesday. http://www.ibtimes.com/articles/20080916/builder-sentiment-rises-from-record-low.htm Tue, 16 Sep 2008 13:00:11 EDT Homebuilders' shares tumbled Monday after the demise of Lehman Brothers Holdings Inc., the buyout of Merrill Lynch & Co. and the uncertain future of American International Group Inc. rocked Wall Street. http://www.ibtimes.com/articles/20080915/sector-snap-homebuilders-shares-fall.htm Mon, 15 Sep 2008 15:00:54 EDT Major homebuilders' stocks were trading lower Tuesday after an analyst lowered his rating on the sector and said the recent bailout of mortgage giants Fannie Mae and Freddie Mac will lower mortgage rates, but not by enough to spur sales. http://www.ibtimes.com/articles/20080909/sector-snap-homebuilders-fall-on-sector-downgrade.htm Tue, 09 Sep 2008 13:28:31 EDT Homebuilders continue to suffer declines in buyer traffic even as their stocks have rallied, said an analyst who downgraded several homebuilder stocks Tuesday. http://www.ibtimes.com/articles/20080909/ahead-of-the-bell-analyst-downgrades-homebuilders.htm Tue, 09 Sep 2008 08:59:34 EDT Major homebuilders' stocks were trading higher Monday, buoyed by the bailout of mortgage giants Fannie Mae and Freddie Mac. Atlanta-based Beazer Homes USA Inc. led the sector, adding 72 cents, or 9.2 percent, to $8.59 in afternoon trading. http://www.ibtimes.com/articles/20080908/sector-snap-homebuilders-up-on-mortgage-bailout.htm Mon, 08 Sep 2008 13:26:37 EDT The struggling housing market contributed to the rise in U.S. unemployment from July to August, with losses at construction firms coming in above the national rate. http://www.ibtimes.com/articles/20080905/struggling-housing-market-adds-to-us-unemployment.htm Fri, 05 Sep 2008 16:43:03 EDT A Lehman Brothers analyst on Friday reduced her fiscal fourth-quarter and full-year estimates for homebuilder Hovnanian Enterprises Inc. In a research note Friday, Megan Talbott McGrath estimated the Red Bank, N.J.-based builder will post losses of $1.70 per share in the fourth quarter and $3.38 per share for fiscal 2009. She previously forecast losses of $1.10 per share and $1.68 per share in the fourth quarter and full year, respectively. http://www.ibtimes.com/articles/20080905/analyst-reduces-fiscal-4q-estimates-for-hovnanian.htm Fri, 05 Sep 2008 16:11:44 EDT Homebuilding companies are unlikely to return to profitability until at least well into next year as the housing slump continues to squeeze the sector, an analyst said Friday. http://www.ibtimes.com/articles/20080905/sector-snap-analyst-sees-more-losses-for-builders.htm Fri, 05 Sep 2008 15:28:44 EDT Among the earnings stories for Thursday, Sept. 4, from AP Financial News: NEW YORK (AP)--Specialty retailer Ulta Salon, Cosmetics & Fragrance Inc. said Thursday that its fiscal second-quarter profit rose 67 percent as sales improved. http://www.ibtimes.com/articles/20080904/earnings-roundup-ulta-salon-take-two-interactive.htm Thu, 04 Sep 2008 18:46:34 EDT