Thursday | Bloomberg
New U.S. Home Sales Rose to Second-Highest Level Since 2008
Sales of new U.S. homes climbed in April to the second-highest level in almost five years as lower borrowing costs and job gains drew more buyers into the market.
Homebuilder Confidence in U.S. Climbs on Improving Outlook
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates .
INTERVIEW: Information Builders' Michael Corcoran
Video with CMO of the business intelligence software company, who talks about what's new in BI, the biggest mistakes people make and why some CIOs resist the technology Which is why two senior executives of Information Builders came to our office recently to talk about business intelligence applications and why organizations need them.
The Sobering Link Between Student Debt and Housing
The housing market has been steadily improving, lifting the stocks of homebuilders like Beazer Homes , Hovnanian , and PulteGroup to heights not seen since the mortgage crisis.
Jackpotpennystocks.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:- KB Home shares gained 4.98% to $23.21.The company, on April 22, released its sixth annual Sustainability Report, available exclusively at ... (more)
PulteGroup's Buy Rating Reaffirmed at TheStreet
's stock had its "buy" rating reaffirmed by research analysts at TheStreet in a report released on Monday, AnalystRatingsNetwork.com reports.
Noteworthy ETF Inflows: ITB, LEN, DHI, PHM
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Dow Jones U.S. Home Construction Index Fund where we have detected an approximate $53.9 million dollar inflow - that's a 2.4% increase week over week in outstanding units .
PulteGroup PT Raised to $16.00
A number of other firms have also recently commented on PHM. Analysts at S&P Equity Research raised their price target on shares of PulteGroup from $15.00 to $17.00 in a research note to investors on Friday.
D.R. Horton Profit More Than Doubles on Rising Home Sales
D.R. Horton Inc., the largest U.S. homebuilder by volume, said its fiscal second-quarter profit more than doubled as demand for new houses climbed in a recovering market.
Is The Housing Recovery About To Come To An End?
The housing market has been phenomenal, leading the way up along with financials from the depths of the market all the way up to where we stand today, near a record high for both the S&P 500 and the Dow Jones.
PulteGroup (PHM) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
PulteGroup announced its earnings results on Thursday. The company reported $0.21 earnings per share for the quarter, beating the analysts' consensus estimate of $0.15 by $0.06, Stock Ratings Network reports.
PulteGroup earnings exceed predictions as housing recovery accelerates
Inc., the largest U.S. home builder by revenue, reported first-quarter earnings that beat analyst estimates as an accelerating housing recovery fueled sales and led to higher prices.
Homebuilder PulteGroup reports increase in earnings
Bloomfield Hills-based homebuilder PulteGroup reported earnings of $82 million, or 21 cents a share, for its first quarter, compared to a loss of $12 million, or 3 cents a share, for the same period a year earlier.