Friday Dec 11 | Vail Daily
Denver homebuilders seeing signs of a turnaround
Though it's a far cry from the boom times of just a few years ago, Denver builders are starting to see demand increasing for new homes, especially among first-time buyers.
Credit Suisse upgrades builders; stocks rise
Analyst Dan Oppenheim lifted M.D.C. Holdings to neutral from underperform and increased his price target to $29 from $26 "based on better valuation, and a strong balance sheet with limited risk of impairments, along with the potential for land acquisitions." KB Home was boosted to outperform from neutral on the expectation the company will receive ...
Weekly Guru Bargains Highlights: MDC, FICO, EAT, IDTI, WFR
Last weeka TMs top five guru bargain stocks were M.D.C. Holdings Inc, Fair Isaac Corp, Brinker International Inc, Integrated Device Technology Inc, MEMC and Electronic Materials Inc.
Arnold Van Den Berg Top Purchases: CMCSK, CRUS, FTO, MDC, MXWL
All News and Columns >>>> GuruFocus, November 25, 2009) Value Investing Guru Arnold Van Den Berg deserves our special attention.
Homebuilders Get Turn At Government Trough
The recently passed tax bill gives homebuilders a strong boost in the form of tax breaks in the latest example of government aid to industry.
Earnings Preview: Beazer Homes to post 4Q results
Homebuilder Beazer Homes USA Inc. reports earnings for its fiscal fourth quarter on Tuesday.
Pulte Homes posts $361.4M loss for Q3
Pulte Homes Inc. lost $361.4 million in the third quarter, but with the acquisition of Centex Corp., the homebuilder increased sales by more than a third.
Health care businesses at risk in House overhaul 10/30/2009 1:25am Details on health care bills in House, Senate 10/30/2009 1:52am House Democratic leaders have presented a new health overhaul bill that melds legislation passed by three committees over the summer and makes a series of changes to accommodate lawmakers' concerns.
MDC's improved Q3 attributed to tax credit
Homebuilder MDC Holdings Inc. attributed a smaller loss in the third quarter partly to selling smaller, more affordable homes that attract buyers taking advantage of the federal government's first-time homebuyer tax credit.
Dominion Resources Net Up; ITT Corp Net Drops
Dominion Resources, Inc third quarter revenues fell 16.5% to $3.65 billion and net income rose 17% to $594 million or $1.0 a share.
Earnings Watch: Updates, advisories and surprises
J.P. Morgan home-builder analyst Michael Rehaut in a research note Friday said while he was "encouraged" by the improvement in M.D.C. Holdings Inc.'s /quotes/comstock/13*!mdc /quotes/nls/mdc third-quarter home orders, he noted the "easy" comparisons with the year-ago figures and the company "aggressively" marketing the new homebuyer tax credit.
Home Builder M.D.C. Reports Smaller Loss
M.D.C. Holdings Inc. Friday said its third-quarter net loss narrowed to $32 million, or 69 cents a share, from $118 million, or $2.55 a share, in the third quarter of 2008.
The Ratings Game: J.P. Morgan turns positive on home-builder sector
J.P. Morgan analyst Michael Rehaut on Friday lifted his view on the home-builder sector to positive from negative, saying the housing market has made it through the worst of the correction.
Before the Bell: Palm, KB Home and Procter & Gamble in focus
U.S. stock futures edged higher Friday as investors continued to place bets on an improving economy despite caution from smart-phone maker Palm.
Indications: U.S. stock futures waver, Palm slips
U.S. stock futures wavered between gains and losses Friday as Palm's cautious outlook was met by continued buying for some stocks sensitive to the economic recovery.
MDC Holdings lowers credit-line commitment
Denver homebuilder MDC Holdings Inc. has lowered the total commitment of a revolving credit line to $100 million from $800 million because it no longer needs the higher amount to fund its building activities.
Signature Properties has been trying since 2005 to sell 4,000 finished lots in its Fiddyment Farm community, a former pasture and pistachio orchard northeast of Sacramento.
RothmanResearch.com Stock Review for BWA, DUK, FNB, IO, BLC and MDC
On this day, we have begun tracking the following companies as they have shown remarkable correction in recent days, you can access these free reports with a number of other reviews by signing up for your complimentary membership at: http://www.rothmanresearch.com/ Companies been researched today are: BorgWarner Inc.
Pending Sales of Existing Homes in U.S. Surge 3.6%, More Than Estimated
The number of contracts to buy previously owned homes in the U.S. rose in June for a fifth straight month and exceeded economistsa forecasts, as lower prices and mortgage rates attracted buyers.
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American Electric Power opened Friday at $31.37 per share on trading volume of 2,880,000 shares.
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