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Stock Market & Financial Investment News

News Breaks
January 29, 2013
14:14 EDTBZH, RYL, NVR, KBH, TOL, MDC, LEN, PHM, SPF, DHIHomebuilders climb after D.R. Horton's results beat expectations
Several homebuilders are advancing after one of the companies in the space, D.R. Horton (DRI), reported stronger than expected results. D.R. Horton reported first quarter earnings per share of 20c, versus analysts' consensus estimate of 14c. The homebuilder's revenue also beat expectations, as its average sales price increased due to pricing power, geographic mix and larger homes being sold. Moreover, the company added that it expects to have a good Spring selling season. A number of upgrades of homebuilder companies by research firms may also be contributing to the strength in the sector. Compass Point upgraded Lennar (LEN) to Buy from Hold earlier today, while the same firm also raised its rating on Hovnanian (HOV) to Neutral from Sell and upgraded Standard Pacific (SPF) to Buy from Neutral. In mid-afternoon trading, Lennar climbed 1.46% to $42.52, Hovnanian advanced 3.20% to $6.12, Standard Pacific rose 1.93% to $8.45 and D.R. Horton jumped 10.14% to $23.47.
News For DHI;SPF;PHM;LEN;MDC;TOL;KBH;NVR;RYL;BZH From The Last 14 Days
Check below for free stories on DHI;SPF;PHM;LEN;MDC;TOL;KBH;NVR;RYL;BZH the last two weeks.
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September 2, 2014
10:02 EDTPHMOn The Fly: Analyst Downgrade Summary
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08:27 EDTPHMPulteGroup downgraded to Market Perform from Outperform at FBR Capital
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05:40 EDTPHMPulteGroup downgraded to Market Perform from Outperform at FBR Capital
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August 28, 2014
15:02 EDTTOLToll Brothers September weekly volatility elevated into Q3
Toll Brothers September weekly call option implied volatility is at 30, September is at 25, October and January is at 24; compared to its 26-week average of 27 according to Track Data, suggesting large near term price movement into its release of Q3 results on September 2.
11:54 EDTDHID.R. Horton management to meet with ISI Group
Meetings to be held in Canada September 3-4 hosted by ISI Group.
11:41 EDTBZHBeazer Homes management to meet with Sterne Agee
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August 27, 2014
07:28 EDTBZHBeazer Homes management to meet with UBS
Meetings to be held in Dallas/Houston on August 27 hosted by UBS.
August 26, 2014
07:49 EDTPHMPulteGroup offers best risk/reward among homebuilders, says UBS
UBS believes PulteGroup offers the best risk/reward among homebuilders, citing its significant leverage, benefits of recent land acquisition, management's focus on controlling risk and returning cash to shareholders, and valuation. The firm has a Buy rating with a $25 price target on PulteGroup.
07:46 EDTBZHBeazer Homes management to meet with UBS
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August 25, 2014
07:04 EDTPHMPulteGroup acquires Dominion Homes real estate assets
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