By Helen Chernikoff NEW YORK, Nov 5 (Reuters) - An Arizona senator lost the presidency on Nov. 4, but the southwestern state's homebuilding industry won, defeating a ballot initiative billed by supporters as a 'Homeowner Bill...
Shares of Pulte Homes Inc. fell Monday after a Citigroup analyst downgraded the homebuilder to a "Hold" from a "Buy." In a client note, analyst Josh Levin said he downgraded the Bloomfield Hills, Mich.-based builder because it...
Shares of large U.S. homebuilders were lower Monday, as investors reacted to two Wall Street analyst reports and new construction data that showed a less-than-expected drop in overall construction in September, but the 30th...
Construction spending in the U.S. fell by a smaller-than-expected amount in September as a rebound in nonresidential activity helped offset further weakness in home building. The Commerce Department on Monday reported that...
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UPGRADES: JP Morgan upgrades Wal-Mart (NYSE: WMT) from Neutral to Overweight, citing valuation. The firm also said the company's image is turning more favorable. Deutsche Bank and Baird upgrade Biogen (Nasdaq: BIIB) to Buy and...
StreetInsider.com Morning MoversVeraSun Energy (NYSE: VSE) 58% LOWER; The ethanol producer announced the Company and 24 of its subsidiaries have filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code...
by: SA Editor Judy Weil November 03, 2008 | about stocks: SA Editor Judy Weil About this author: Smaller homebuilders are folding at a rapid pace as they are unable to compete with foreclosures, lack of demand and tightwad...
by: SA Editor Judy Weil November 03, 2008 | about stocks: SA Editor Judy Weil About this author: For some time now, friction has been building between the major, public homebuilders and the National Association of Homebuilders....
October 31, 2008 | By Eric Fox The earnings report from homebuilder Centex (NYSE:CTX) delivered the usual doom-and-gloom outlook, along with a surprise prediction by CEO Timothy Eller that the housing market has the elements of...