US Homebuilder Stocks Surge, But Will It Last?
One of the best-performing sectors this year was also one of the hardest hit by the recession: homebuilders, whose stocks have outpaced the broader market with a modest rebound in home prices and increased demand for properties, but much of recovery has unevenly benefited the luxury sector.
Roland Li Sep 12, 2012
Is US Housing Getting Better? Homebuilders Think So
U.S. homebuilder stocks rose Monday after a report indicated that more builders viewed the housing market favorably in June, with confidence hitting the highest level since May 2007.
Roland Li Jun 18, 2012
Construction Spending in December Rose 1.5 Percent, Beating Estimates
Boosted by non-residential developments, builders increased their December 2011 spending at a rate higher than economists had expected. The gain confirmed previously observed trends about the ongoing economic recovery in the U.S., which has seen better than expected progress in industry while still facing a soft residential housing market.
Eleazar David Meléndez Feb 01, 2012
Top After Market NYSE Gainers (RIG, ELX, BKI, PVA, IVN, BAS, NWL, HDY, MHR, DHI)
The top aftermarket NYSE gainers Thursday were: Transocean, Emulex, Buckeye Technologies, Penn Virginia, Ivanhoe Mines, Basic Energy Services, Newell Rubbermaid, HyperDynamics, Magnum Hunter Resources and D.R. Horton.
Satya Nagendra Padala Jan 27, 2012
U.S. Homebuilder Stocks Rise as Lennar's Orders Jump 20%
Stocks of major U.S. homebuilders rose on Wednesday after Lennar Corp. reported a 20 percent increase in home orders in the fourth quarter.
Roland Li Jan 11, 2012
Big Investors Betting We've Hit Bottom on Housing: WSJ
A Wall Street Journal article making the rounds this morning notes some big investors have turned bullish on the housing market in the past quarter. Among the big names mentioned are hedge funds run by SAC Capital Advisors LP, Blackstone Group LP and Goldman Sachs Group.
Eleazar David Meléndez Dec 29, 2011
Homebuilder D.R. Horton Reports Profit on Increased Home Sales
Texas-based homebuilder D.R. Horton Inc. reported net income of $35.7 million, or 11 cents per share, in the fiscal fourth quarter ending Sept. 30, up from a net loss of $8.9 million, or 3 cents per share, in 2010.
Roland Li Nov 11, 2011
US stocks decline to 2011 lows amid Japan nuclear fears
U.S. stocks declined to 2011 lows on Wednesday as worsening crisis at Japan nuclear reactor and weaker-than-expected housing data weighed on the sentiment.
Satya Nagendra Padala Mar 17, 2011