Beazer Homes lowers 2006 earnings forecast
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- Beazer Homes USA Inc. BZH.N on Thursday   lowered its earnings forecast for 2006 as net sales in July and   August fell and contract cancellations rose.
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Countrwide Financial, the biggest mortgage lender in the US, slashes its profit predictions for the full year.
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Auto accessories maker Directed Electronics  Inc.  cut its 2006 outlook citing  lower-than-anticipated sales of satellite radio receivers.
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(Corrects percent figure for stock drop in first paragraph)     CHICAGO  - Home builder Beazer Homes USA Inc  said on Friday it received "purported" default notices related to some senior notes from the bank that serves as trustee for the notes, sending shares down as much as 13 percent.
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Wal-Mart, the world&#39;s largest retailer, has lowered its November growth forecast amid concerns that fuel costs may slow down Christmas retail sales.
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SAN FRANCISCO (CBS.MW) -- Pulte Homes shares dropped nearly 8 percent Tuesday morning, after the home builder lowered its earnings outlook for this year.
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Lennar Corp. , the No. 3 U.S.  homebuilder, on Friday cut its third-quarter profit forecast  due to a deteriorating housing market, sending its shares down  nearly 3 percent in premarket trading.
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Luxury home builder Toll Brothers   on Thursday reported sharply lower quarterly net  income, hurt by a downturn in the U.S. housing market.
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The leading realty trade group on Wednesday cut its 2007 forecast for U.S. home sales and prices, saying both would slide this year with sales hitting a five-year low.
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The manufacturer said earnings fell 54 percent from a year-ago period which included its former health-care and electronics units. Adjusted profit topped Wall Street expectations by a wide margin.
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Toymaker Hasbro Inc. HAS.N said on  Wednesday its full-year net revenue would drop and forecast  earnings well below Wall Street expectations, citing a tough  retail environment and disappointing performance domestically.
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Home Depot Inc.  on Tuesday forecast a deeper profit drop for 2007, citing weakness in the U.S. housing market.
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MINNEAPOLIS, June 19 -- Best Buy, the nation's largest consumer electronics retailer, lowered its 2008 profit estimate Tuesday, blaming a softening economy that's steering shoppers away from high-margin items like flat-screen TVs.
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STOCKHOLM  - Electrolux AB, the world's biggest maker of household appliances, said Wednesday that its profit outlook for the rest of 2004 would be lower than forecast, in part because of rising prices for raw materials like steel and extreme competition with other white-goods manufacturers.
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Luxury home builder Toll Brothers  on Thursday reported sharply lower quarterly net income, hurt by a downturn in the U.S. housing market.
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Lennar Corp. LEN.N, the No. 3 U.S.   homebuilder, on Friday cut its third-quarter profit forecast,   citing a deteriorating housing market.
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Building and plumbing firm Wolseley sees profits fall after it is hit by the downturn in the US housing market.