All Posts Tagged With: "MAS"
(AMAT) Housing and Inflation in the Spotlight – Earnings Preview
Earnings Preview 2/10/12
Earnings season will be still going on this next week. 422 firms are scheduled to report, and 50 of those are members of the S&P 500. By the end of the week we will be over...
(AAPL) Company News for December 30, 2011 – Corporate Summary
• A report in DigiTimes said, in January, tech giant Apple (NASDAQ:AAPL) could unveil two of its new next generation iPad at iworld
• Online company Amazon.com (NASDAQ:
3Jan2012 | vitalstocks | 0 comments | Continued(DHI) U.S. Housing Starts Slip Less Than Expected
We got some fairly good news on the housing front this morning. Housing Starts fell in September to a seasonally-adjusted annual rate of 628,000 from 630,000 in August, a drop of 0.3%. But the number was much better than the expected level of 603,000. However,...
(EQR) Used Home Prices Stabilize in July
In July, home prices were mixed on a seasonally adjusted basis. The Case-Schiller Composite 10 City index (C-10) fell a slight 0.12% on a seasonally adjusted basis, and is down 3.77% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10)...
(DHI) U.S. New Home Sales Move Down Slightly
New Home Sales in August fell by 2.3% from July to a rate of 295,000. Relative to a year ago, sales are up 6.1%.
While the year-over-year rebound is more than welcome, it is still a very dismal rate of new home sales. However, there was an upward revision to the July...
(SA) U.S. Housing Prices Mixed in June
In June, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose a slight 0.04% on a seasonally adjusted basis, and is down 3.85% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) edged down by 0.06% on the month...
(MAS) Masco Corporation – Bear of the Day
Masco Corporation (MAS) is highly dependent on the U.S. housing industry. Falling prices have made homes a less lucrative investment to buyers, which reduces demand for Masco products. Rising prices of raw...
(FO) Fortune Brands Splits in Two
The leading consumer brands company Fortune Brands Inc. (FO) announced that following the spin-off of its Home & Security business, the separated companies will trade under two different symbols as independent...
(MAS) Masco Corporation – Bear of the Day
Masco Corporation (MAS) is highly dependent on the U.S. housing industry. Falling prices have made homes a less lucrative investment to buyers, which reduces demand for Masco products. Rising prices of raw...
(EQR) U.S. Home Prices Mixed – Good News
In April, home prices were mixed. The Case-Schiller Composite 10 City index (C-10) rose an ever-so-slight 0.01% on a seasonally adjusted basis, and is down 3.04% from a year ago. The broader Composite 20 City index (which includes the cities in the C-10) fell by 0.09% on the...
(MAS) Masco Retains Underperform
We reiterate our Underperform recommendation on Masco Corporation (MAS), which manufactures, sells, and installs home improvement and building products.
The company earns 75-80% of revenues from the...
(MAS) Masco Corporation – Bear of the Day
Masco Corporation (MAS) is highly dependent on the U.S. housing industry. Falling prices have made homes a less lucrative investment to buyers, which reduces demand for Masco products. Rising prices of raw...
(DHI) Home Prices Still Falling
In February, home prices continued to slip, and the declines were widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.23% on a seasonally adjusted basis, and is down 2.60% from a year ago. The broader Composite 20 City index (which includes the cities in the...
(BA) Company News for April 28, 2011 – Corporate Summary
• Boeing (NYSE:BA) reported Q1 EPS of $0.78 today, above the Zacks Consensus Estimate of $0.70 per share. Revenues for the quarter fell 2% year-over-year to $14.91 billion, lower than the Zacks Consensus Estimate for...
(DHI) U.S. Home Prices Keep Falling
In January, home prices continued to slip, although the declines were less widespread than in recent months. The Case-Schiller Composite 10 City index (C-10) fell 0.22% on a seasonally adjusted basis, and is down 2.03% from a year ago. The broader Composite 20 City index (which...
(BOBE) U.S. Housing Starts Plunge Yet Again
Housing Starts plunged in February to a seasonally-adjusted annual rate of just 479,000 from 618,000 in January, a drop of 22.5%. As a small silver lining, the January numbers were revised higher from 596,000, so it is possible to see the decrease as 117,000, or “just”...
(DHI) U.S. Home Prices Fall Again in December – Case-Schiller
In December, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.36% on a seasonally adjusted basis, and is down 1.22% from a year ago. The broader Composite 20 City index (which includes the cities...
(MAS) Masco Fourth Quarter 2010 Earnings Report Posts Big Loss
Masco Corporation (MAS) reported a loss of 8 cents per share (excluding special items) in the fourth quarter of 2010 in sharp contrast to a profit of 5 cents per share (excluding special items) in the same...
(DHI) U.S. Housing Starts Fall in December 2010 – Permits Up
Housing Starts fell in December to a seasonally adjusted annual rate of just 529,000 from 553,000 in November, a fall of 4.3%. The November numbers were revised slightly lower from 555,000, so it is possible to see the decline as 26,000. Relative to a year ago they are down...
(DHI) Economic Update – October 2010 – U.S. Home Prices Still Falling
In October, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.93% on a seasonally adjusted basis and is up just 0.20% from a year ago. The broader Composite 20 City index (which includes the cities...
(DHI) Second Leg of Home Price Declines Underway
In September, home prices continued to slip, and the declines were very widespread. The Case-Schiller Composite 10 City index (C-10) fell 0.67% on a seasonally adjusted basis, and is up just 1.52% from a year ago. The broader Composite 20 City index (which includes the cities...
(DHI) U.S. Housing Starts Still Weak
In July, Housing Starts rose to a seasonally-adjusted annual rate of 546,000, an increase of 1.7% over the 537,000 rate in June. However, the June rate was revised down from 549,000 so, relative to where we thought we were yesterday, it is a decline of 0.5%....
(PCL) U.S. New Home Sales Rise in June
New Home Sales rose 23.6% in June from May to a seasonally adjusted annual rate of 330,000. However, the May total was revised down sharply from a rate of 300,000 to 267,000. Thus, relative to where we thought we were, the increase was more like 10%.
Relative to a year...
(LEN) U.S. New Home Sales Collapse
Everyone expected that New Home Sales would be weak, but not that weak. In May, new homes were selling at a seasonally-adjusted annual rate of 300,000, 32.7% below the 446,000 rate in April and even 18.3% below the very depressed...
(DHI) U.S. New Home Sales Impress! $$
New Home Sales jumped 14.8% in April to a seasonally adjusted annual rate of 504,000. That easily beat expectations for a rise to 425,000.
Well actually, after the revisions, that would not be a rise. The March numbers were revised sharply higher to...
(LPX) U.S. Housing Starts and Building Permits Rise
We got some good news and some bad news today. The good news is that both Housing Starts and Building Permits rose in March. The bad news is that both housing starts and building permits rose in March.
It is good news, since residential investment...
(DHI) Report on New U.S. Home Sales is Just Plain Ugly
New Home Sales dropped to an all time record low in February, down 2.2% on the month to a seasonally adjusted annual rate of 308,000. The one saving grace to the report was that the January numbers, which previously were the all-time record low, were revised...
(LEN) Investors and Homeowners Ask When Will Housing Come Back?
Yesterday we got news that New Home Sales had fallen to their second all-time record low (since the data started in 1963) in a row. With other areas of the economy clearly on the mend (at least for now) the question...
(DHI) National Association Of Homebuilder’s Index Drops
The National Association Of Homebuilders sentiment index fell to 15 in March from 17 in February. While the index is well off its record low of 8 set back in January 2009, it remains very depressed. The index is set up so any reading below 50 indicates contraction, and the...
(DHI) U.S. Housing Starts Slow
In February, Housing Starts fell to a seasonally adjusted annual rate of 575,000, a decline of 5.9% from the revised January level and just 0.2% above a year ago. While on first blush the data looks quite negative, there are many caveats.
First, while...