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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:28 EDTPHMPulteGroup downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded PulteGroup to Underweight with an $18 price target citing an expensive relative valuation and expectations for slowing margin expansion.
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July 24, 2014
06:40 EDTPHMPulteGroup reports Q2 backlog value $2.8B
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06:38 EDTPHMPulteGroup reports Q2 EPS 11c, may not compare to consensus 25c
Reports Q2 revenue $1.29B, consensus $1.33B. Q2 net income was $42M, or 11c per share, after pretax charges of $88M, or 14c per share, for insurance reserves and office relocation costs. Net income for the second quarter reflects $26M, or 7c per share, of income tax expense.

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