All Posts Tagged With: "DHI"
(BZH) Stock Market News for December 30, 2011 – Market News
Better housing data and a drop in four-week moving average of initial claims joined hands to guide the benchmarks higher yesterday, providing investors another hope that S&P 500 might just end 2011 on a positive note. With yesterday’s gains, the Dow washed out the losses...
3Jan2012 | vitalstocks | 0 comments | Continued(BONT) Stock Market News for December 28, 2011 – Market News
Markets opted to take a pause after a recent rally, as mixed economic data and a session featuring light volumes meant benchmarks ended Tuesday’s session on a flat note. Given the Christmas overhang, consolidated volumes remained substantively low, and final minutes’ movement...
29Dec2011 | vitalstocks | 0 comments | Continued(XHB) Stock Market News for December 20, 2011 – Market News
Benchmarks moved into the red zone on Monday after European debt crisis escalated following dismal comments by European Central Bank head Mario Draghi. Adding to the gloom was a Wall Street Journal report that suggested the Federal Reserve had accepted new standards that require...
20Dec2011 | vitalstocks | 0 comments | Continued(TOL) Toll Brothers Takes Over CamWest
Toll Brothers Inc. (TOL) recently announced that it has acquired CamWest Development LLC. The company did not disclose the financial terms of the deal but stated that it will start reaping benefits from the acquisition in the upcoming year. CamWest is considered as one of the...
23Nov2011 | 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, the September numbers...
21Nov2011 | vitalstocks | 0 comments | Continued(DHI) Weakness Prevails in U.S. Housing
The weaknesses prevailing in the housing and construction industry in the U.S. have once again come to the fore as the National Association of Home Builders lowered its September outlook. Poor employment growth, increased availability of foreclosed homes, strict mortgage lending...
6Oct2011 | vitalstocks | 0 comments | Continued(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)...
28Sep2011 | vitalstocks | 0 comments | Continued(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 numbers...
27Sep2011 | vitalstocks | 0 comments | Continued(DHI) U.S. Housing Starts Down – Permits Up
Housing Starts fell in August to a seasonally adjusted annual rate of 571,000 from 601,000 in July, a decrease of 5.0%. However, the July numbers were revised lower from 604,000, so it is possible to see the decrease as 34,000, or 5.5%. The number was also slightly below the...
21Sep2011 | vitalstocks | 0 comments | Continued(AXR) U.S. Home Builders Rated by ValuEngine.com
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...
15Sep2011 | valuengine | Comments Off | Continued(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...
1Sep2011 | vitalstocks | 0 comments | Continued(TOL) Toll Brothers Misses Profit Estimate
Toll Brothers Inc. (TOL) reported a net income of $42.1 million or 25 cents per share during the third quarter of fiscal 2011 compared with a net income of $27.3 million or 16 cents per share in the year-ago quarter. Reported income in the 2011 quarter included a tax benefit...
26Aug2011 | vitalstocks | 0 comments | Continued(DHI) U.S. New Home Sales Still Awful
New Home Sales in May fell by 1.0% from May, to a rate of 312,000. Relative to a year ago, sales are up 1.6%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Also, there was a downward revision to the May numbers of 4,000 to 315,000....
31Jul2011 | vitalstocks | 0 comments | Continued(CVX) Stock Market News for July 29, 2011 – Market News
Momentum from positive economic reports in the morning session were washed out on Thursday afternoon, as investors remained apprehensive ahead of the key vote in Congress on the debt-ceiling issue. Finally, just before the closing bell, markets lost all their gains to drop modestly...
29Jul2011 | vitalstocks | 0 comments | Continued(DD) U.S. Posts Needed Positive Labor Market Report
The debt ceiling debate continues to monopolize headlines, even as a barrage of earnings reports and a surprisingly positive labor market reading try to gain the market’s attention. Weekly Jobless Claims numbers dropped by a bigger-than-expected level, which if sustained...
28Jul2011 | vitalstocks | 0 comments | Continued(DD) July 28: Positive Labor Market Report – Economic Highlights
The debt ceiling debate continues to monopolize headlines, even as a barrage of earnings reports and a surprisingly positive labor market reading try to gain the market’s attention. Weekly Jobless Claims numbers dropped by a bigger-than-expected level, which if sustained...
28Jul2011 | vitalstocks | 0 comments | Continued(DHI) U.S. Housing Starts and Building Permits Rise
Housing Starts rose in June to a seasonally-adjusted annual rate of 629,000 from 549,000 in May, an increase of 14.6%. However, the May numbers were revised lower from 560,000, so it is possible to see the increase as 69,000, or 12.3%. Relative to a year ago they are up 11.8%. Quite...
20Jul2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 29, 2011 – Market News
Markets moved significantly ahead on Tuesday, buoyed by optimism that the Greek debt-crisis was nearing a solution and positive economic data that suggested a surge in home prices for the first time in eight months. However, volumes remained tight, reflecting the underlying...
29Jun2011 | vitalstocks | 0 comments | Continued(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...
28Jun2011 | vitalstocks | 0 comments | Continued(TOL) U.S. Housing: Past and Future
I recently came across this piece written by Larry Kudlow, the host of two shows on CNBC. It is from June 20, 2005: “Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears...
28Jun2011 | vitalstocks | 0 comments | Continued(DHI) New Homes Sales Down Less than Expected
New Home Sales in May fell by 2.1% from April, to a rate of 319,000. Relative to a year ago, sales are up 13.5%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. Offsetting the decline was an upward revision to the April numbers of 3,000...
23Jun2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 23, 2011 – Market News
Markets ended their four-day winning streak, tumbling in the late session, as the Federal Reserve slashed its growth forecast and provided no indications of further economic stimulus. All the benchmarks dropped by around 0.7% during a thin trading session, and investors were...
23Jun2011 | vitalstocks | 0 comments | Continued(IMF) Stock Market News for June 22, 2011 – Market News
Markets ended in the green for the fourth consecutive day after Greece’s Prime Minister won a confidence vote which may help the nation avoid a sovereign debt default. While the technology and energy sectors chipped in to bolster the benchmarks, a smaller-than-expected decline...
22Jun2011 | vitalstocks | 0 comments | Continued(DHI) New Home Sales Report Up But Still Ugly
New Home Sales in April rose by 7.3% from April, to a rate of 323,000. Relative to a year ago, sales are down 23.1%. While the rebound is more than welcome, it is still a very dismal rate of New Home sales. In additional good news about the direction of new home sales, the March...
1Jun2011 | vitalstocks | 0 comments | Continued(DHI) Double Dip in Housing is Official – ValuEngine.com Chief Market Strategist Suttmeier
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...
1Jun2011 | valuengine | 0 comments | Continued(PCE) Stock Market News for May 31, 2011 – Market News
Investor sentiment was bolstered on Friday, as gas prices eased off and economic data struck a positive note. However, the modest gains ahead of the Memorial Day holiday were not strong enough to prevent a fourth consecutive week of losses for the indices. The Dow Jones Industrial...
31May2011 | vitalstocks | 0 comments | Continued(DHI) U.S. Existing Home Sales Up in April
The existing home sales in the U.S. rose in April, marking the second consecutive month of improvement in previously owned homes. Total purchases of existing houses stood at a seasonally-adjusted annual rate of 5.2 million, up 2% from a seasonally-adjusted annual rate of 5.1...
20May2011 | vitalstocks | 0 comments | Continued(CAG) Company News for May 2, 2011 – Corporate Summary
• Research firm Argus downgraded Flextronics International Ltd. (NASDAQ:FLEX) from “buy” to “hold” rating • Merck & Co. Inc.’s (NYSE:MRK) earnings per share (excluding special items) for the first quarter of 2011 came in at...
2May2011 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for May 2, 2011 – Market News
Investors were in an upbeat mood after the benchmarks had their best monthly performance in years and the markets had their best run in five weeks, ended with gains on Friday. Through the week, the indices were pushed higher by the Federal Reserve’s vow to keep interest rates...
2May2011 | vitalstocks | 0 comments | Continued(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 C-10)...
1May2011 | vitalstocks | 0 comments | Continued