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Stock Market & Financial Investment News

News Breaks
January 28, 2013
16:06 EDTBZHBeazer Homes reports backlog of $478.3M as of December 31, 2012
Total backlog as of December 31, 2012 from continuing operations: 1,817 homes with a sales value of $478.3M, compared to 1,307 homes with a sales value of $315.8M as of December 31, 201.1
News For BZH From The Last 14 Days
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January 13, 2015
12:48 EDTBZHOn The Fly: Midday Wrap
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11:50 EDTBZHKB Home comments hit shares of Homebuilders
Shares of companies in the Homebuilders space declined after KB Home (KBH) said on its earnings conference call that it will not meet its housing gross profit margin goal in 2015. KB cautioned that there is "still much work to do be done" to achieve its financial goals going forward. The homebuilder noted that as Q4 progressed, demand in some of its markets softened. It expects gross margins in Q1 to be down "significantly" from the year-ago period. Publicly traded companies in the space include Beazer Homes (BZH), D.R. Horton (DHI), Hovnanian (HOV), Lennar (LEN), M.D.C. Holdings (MDC), PulteGroup (PHM), Ryland Group (RYL) and Toll Brothers (TOL). The stocks moved lower following KB's comments.
11:44 EDTBZHHomebuilders decline after KB says won't hit 2015 housing margin goal
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