Stock Blog Hub » Real Estate Development

(AXR) U.S. Home Builders Rated by ValuEngine.com

valuengine — Thu, 15 Sep 2011 17:58:50 +0000

The housing market continues to struggle as news today indicates that new-home sales fell during July to the lowest level in five months. Sales decreased by 0.7% on a monthly basis to a seasonally adjusted annual rate of 298,000. This is the worst number since February. Sales figures for June were also revised downward to a bigger decline–2.9% [...]

(AXR) U.S. Home Builders Rated by ValuEngine.com

(DHI) Double Dip in Housing is Official – ValuEngine.com Chief Market Strategist Suttmeier

valuengine — Wed, 01 Jun 2011 15:50:37 +0000

The latest Case-Shiller data–released today, confirms that housing prices in the U.S. are suffering from a double dip. Home prices fell 4.2% in the first quarter of 2011 and have a hit a new post-bubble low. To make matters worse, 60% of the component cities in the Case-Shiller index posted new lows in March. Only [...]

(DHI) Double Dip in Housing is Official – ValuEngine.com Chief Market Strategist Suttmeier

(AXR) Home Sales Take Another Dive – ValuEngine Ratings for Home Builders Show Duress

valuengine — Wed, 23 Mar 2011 22:00:39 +0000

We had poor home sales data last week–new housing starts came in at their lowest levels since 1974. Today, we got even more. New home sales fell yet again and came in at a new record low. The US Commerce Department–which has been keeping this data set almost 50 years, reports that on a seasonally-adjusted [...]

(AXR) Home Sales Take Another Dive – ValuEngine Ratings for Home Builders Show Duress

(JOE) The St. Joe Company Warning Report Lowers Loss Significantly

vitalstocks — Thu, 03 Mar 2011 15:25:21 +0000

The St. Joe Company (JOE), a publicly held real estate company, reported a net loss of $2.7 million or $0.03 per share in the fourth quarter of 2010 compared with a net loss of $58.7 million or $0.64 per share in the year-earlier quarter. Excluding non-recurring items, net gain during fourth quarter 2010 was $0.09 [...]

(JOE) The St. Joe Company Warning Report Lowers Loss Significantly

(IRS) UBS AG to Learn of End of IRS Tax Probe

vitalstocks — Mon, 30 Aug 2010 04:04:58 +0000

The Internal Revenue Service (IRS) is planning to retire the tax probe against UBS AG (UBS). This decision of IRS follows the Swiss government’s assurance that it is about to deliver the details of the American account holders of UBS AG, who are alleged to have evaded American taxes. Earlier in June, the Swiss parliament [...]

(IRS) UBS AG to Learn of End of IRS Tax Probe

(JOE) St. Joe Company Opens New Florida Airport

vitalstocks — Tue, 25 May 2010 22:18:28 +0000

The St. Joe Company (JOE), a publicly-held operationally diversified real estate company, has recently announced the opening of the Northwest Florida Beaches International Airport, the first new international airport opened in the U.S. since the 2001 terrorist attack. The airport, built on 4,000 acres of land donated by St. Joe, has commenced service with flights [...]

(JOE) St. Joe Company Opens New Florida Airport

(JOE) St. Joe Company Reports Quarterly Loss

vitalstocks — Thu, 25 Feb 2010 23:24:37 +0000

The St. Joe Company (JOE), a publicly held operationally diverse real estate company, reported a net loss of $59.3 million or 65 cents per share in the fourth quarter of 2009 compared to a net loss of $27.9 million or 31 cents per share in the year-earlier quarter. For full year 2009, St. Joe reported [...]

(JOE) St. Joe Company Reports Quarterly Loss

(JOE) St. Joe Company Inks Deal with CB Richard Ellis Group

vitalstocks — Wed, 27 Jan 2010 18:41:05 +0000

The St. Joe Company (JOE), a publicly-held operationally diversified real estate company, has inked a deal with CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate firm, to sell or lease over 1,000 acres of its land adjacent to the new Northwest Florida Beaches International Airport for commercial development. St. Joe is [...]

(JOE) St. Joe Company Inks Deal with CB Richard Ellis Group

(INTU) Internal Revenue Service Plans to Regulate Tax Preparers

vitalstocks — Fri, 08 Jan 2010 20:31:28 +0000

The Internal Revenue Service (IRS) plans to regulate the U.S tax preparers from the 2011 tax season. This includes mandatory registration, competency testing and continuing education requirements for tax preparers. Tax preparers, such as H&R Block Inc. (HRB) and Jackson Hewitt Tax Service Inc. (JTX) may need to satisfy these requirements. According to the IRS, [...]

(INTU) Internal Revenue Service Plans to Regulate Tax Preparers

(JOE) The St. Joe Company Sells Non-Strategic Assets

vitalstocks — Wed, 30 Dec 2009 22:40:18 +0000

The St. Joe Company (JOE), a publicly held operationally diversified real estate company, recently sold St. Johns Golf & Country Club, an 18-hole daily fee course, clubhouse and maintenance facility, for $2.4 million. The asset was sold to Billy Casper Golf Management, a Northern Virginia golf management company that manages over 100 golf courses across [...]

(JOE) The St. Joe Company Sells Non-Strategic Assets

(JOE) The St. Joe Company Augments Their Credit Facility

vitalstocks — Sun, 27 Dec 2009 22:49:03 +0000

The St. Joe Company (JOE), a publicly held operationally diversified real estate company, has recently increased its credit facility from $100 million to $125 million. The credit facility is scheduled to mature in Sep 2012. The increase in the credit facility was made possible by a $25 million loan commitment by Deutsche Bank Ag (DB), [...]

(JOE) The St. Joe Company Augments Their Credit Facility

(JOE) The St. Joe Company – Bear of the Day

vitalstocks — Tue, 22 Dec 2009 19:02:17 +0000

The St. Joe Company (JOE) is one of the largest real estate developers in Florida, which has been hit hard by the downturn in the U.S. housing industry. Large price declines have led to significantly high levels of inventory and operations have deteriorated rapidly. St. Joe has also recorded huge asset impairment charges related to [...]

(JOE) The St. Joe Company – Bear of the Day

($JOE) The St. Joe Company – Bear of the Day

vitalstocks — Mon, 14 Dec 2009 18:21:47 +0000

($JOE) The St. Joe Company – Bear of the Day

(JOE) St. Joe Company Sells Perico Island Asset

vitalstocks — Thu, 08 Oct 2009 19:47:09 +0000

The St. Joe Company (JOE), a publicly held operationally diverse real estate company, has recently sold its property in Perico Island, Florida for about $8 million to Minto Communities LLC, the U.S. subsidiary of the Canadian real estate company Minto Group Inc. St. Joe had earlier halted work on the 684-unit residential condo project on [...]

(JOE) St. Joe Company Sells Perico Island Asset