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Stock Market & Financial Investment News

News Breaks
August 25, 2014
07:04 EDTPHMPulteGroup acquires Dominion Homes real estate assets
PulteGroup announced that it has acquired the real estate assets of Dominion Homes. Financial terms for the transaction were not disclosed. The acquired Dominion assets, which serve entry-level and move-up buyers, include 27 open communities in Columbus, 11 open communities in Louisville and three open communities in Lexington. The company said, "We expect this transaction to be accretive to earnings and overall returns on invested capital, while recording little, if any, goodwill."
News For PHM From The Last 14 Days
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September 15, 2014
14:18 EDTPHMPulteGroup names Manish Shrivastava as Chief Marketing Officer
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September 9, 2014
10:25 EDTPHMGundlach sees homebuilder stocks continuing to disappoint
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10:10 EDTPHMOn the Fly: Analyst Upgrade Summary
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05:46 EDTPHMPulteGroup upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded PulteGroup to Neutral citing valuation and raised its price target for shares to $22 from $19.

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