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Centex

Movers: Goldman Sachs, Morgan Stanley, Citigroup, Wachovia, Wells Fargo, GE

Goldman Sachs Group - General Electric posts $0.43, vs. $0.54 a year ago, third quarter EPS as 33% decline in profit at its Capital Finance unit offsets 11% revenue rise. Posts $0.45 third quarter EPS from continuing...

Movers & Shakers: Friday's biggest gaining and declining stocks

AIG, Centex, Citi, Collectors Universe, Ford, Infosys TEL AVIV (MarketWatch) -- Asyst Technologies Inc., the Fremont, Calif., provider of automation solutions to producers of computer chips and flat-panel displays, said talks...

Centex suspends quarterly dividend on economic conditions

SAN FRANCISCO (MarketWatch) -- Home builder Centex Corp. said late Thursday its board suspended the company's quarterly dividend of 4 cents because of economic conditions. Centex said it "will continue to weigh alternatives for...

Credit Markets See a Few, Tentative Signs of Thaw

NEW YORK (AP) -- The squeezed credit markets saw just a few hints of easing on Wednesday after the Federal Reserve slashed the target fed funds rate by a half-point to 1.5 percent. The Fed also reduced its emergency lending...

Credit markets see a few, tentative signs of thaw

Credit markets see a few, tentative signs of thaw : The squeezed credit markets saw just a few hints of easing on Wednesday after the Federal Reserve slashed the target fed funds rate by a half-point to 1.5 percent. And raising...

Moodys downgrades all of Centex Corp.s ratings (at bizjournals.com)

Ratings agency Moody’s Investors Service said Wednesday it has downgraded all of Centex Corp.’s ratings. Dallas-based Centex (NYSE: CTX), which is one of several major national homebuilders suffering through a credit crunch and...

Centex sells assets of CTX Builders Supply (at bizjournals.com)

has sold the assets of its CTX Builders Supply, which manufactures panels, roof and floor trusses, to ProBuild Holdings. Terms of the sale were not disclosed. Dallas-based Centex (NYSE: CTX) previously recognized ProBuild as...

Home builder shares edge up after Lennar dividend cut

NEW YORK, Oct 8 (Reuters) - Major home builders' stocks were trading slightly higher on Wednesday, swept up in a market surge after coordinated rate cuts by the Federal Reserve and other global central banks. The Dow Jones U.S....

Dallas stocks still experiencing significant drops (at bizjournals.com)

The Dow Jones Industrial Average fell more than 508.39 points Tuesday, remaining below 10,000. Dallas stocks also continued to feel the pressure of a less-than-stable stock market. Airline stocks remained down, with Fort...

Sector Snap: Homebuilders down as markets tumble

Major homebuilders' stocks were down Monday, swept up in an overall market sell-off as investors worried that the Bush administration's $700 billion rescue plan won't work fast enough to unfreeze credit markets.

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