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Stock Market & Financial Investment News

News For TOL;LEN;KBH;WY;HOV;DHI;PHM;NVR;BZH;MDC;RYL;SPF From The Last 14 Days
Check below for free stories on TOL;LEN;KBH;WY;HOV;DHI;PHM;NVR;BZH;MDC;RYL;SPF the last two weeks.
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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
18:37 EDTWYWeyerhaeuser announces plans to move headquarters to Seattle
Weyerhaeuser announced it will move its headquarters from Federal Way, Wash., to 200 Occidental Avenue in Seattle, Wash. The move will occur in mid to late 2016 when construction of the new building is complete. "There are two main drivers for this decision, which we made after thorough analysis of various options for the location of our headquarters," said Doyle R. Simons, president and CEO. "First, our 430-acre campus in Federal Way is costly and too large for our needs. Second, moving our headquarters to Seattle will give us access to a larger talent pool to meet future recruiting needs, not just in this region, but from across the country." The company will divest the land and buildings it owns in Federal Way, Wash.
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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August 18, 2014
08:36 EDTWYTRI Pointe Homes acquires 649 lots for seven new communities
TRI Pointe (TPH) announced the acquisition of 649 lots for seven new communities in markets across the country, expanding its presence in California, Nevada, Washington state and Virginia. This comes on the heels of TRI Pointe’s $2.8B merger with Weyerhaeuser’s (WY) home-building subsidiary, Weyerhaeuser Real Estate.
August 15, 2014
09:32 EDTBZHBeazer Homes upgraded to Neutral from Sell at Citigroup
Citigroup upgraded Beazer Homes to Neutral based on valuation.
August 14, 2014
17:27 EDTRYLAppaloosa gives quarterly update on stakes
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07:43 EDTPHMPulteGroup thesis remains intact, says UBS
UBS said they are increasingly confident in their long term thesis on PulteGroup following meetings with management. The firm noted the company's limited inventory, a loosening in underwriting, and low supply in the Midwest market where there is limited competition for Pulte. UBS has a Buy rating with a price target of $25 on shares of PulteGroup.
August 13, 2014
20:02 EDTWYWeyerhaeuser increases dividend 32%, announces $700M share buyback program
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