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Stock Market & Financial Investment News

News Breaks
January 31, 2013
06:41 EDTPHMPulteGroup authorizes additional $250M per year investment in land development
"We now look ahead to 2013 with expectations for a continued rebound in U.S. housing driven by record low interest rates, higher rent vs. own costs, rising home prices and sharply lower overall housing inventory. Given this expectation, and consistent with our focus on improving long-term returns, we have authorized an additional $250M per year of investment in land and related development in 2013 and 2014. This incremental investment, which will raise planned land spend for each year to approximately $1.2B, will be made using the same disciplined capital investment process we established 18 months ago. The incremental investment is expected to provide additional land resources for use primarily in 2014 and beyond." said Richard J. Dugas, Jr., chairman, president and CEO of PulteGroup.
News For PHM From The Last 14 Days
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December 12, 2014
07:43 EDTPHMPulteGroup remains a Key Call, says UBS
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December 10, 2014
07:26 EDTPHMPulteGroup price target raised to $26 from $23 at Susquehanna
Susquehanna raised its price target on PulteGroup to reflect the company's current return profile, which has done better than its historic average. Susquehanna reiterated its Positive rating on PulteGroup shares.
December 8, 2014
14:30 EDTPHMPulteGroup December volatility elevated into investor day
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December 5, 2014
11:42 EDTPHMPulteGroup to host investor day
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