Pulte Homes stock hit by warning
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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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House prices in the UK are heading for a crash, warn the world&#39;s money men. Soft landing, please, say Britain&#39;s estate agents.
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U.S. stocks fell on Thursday after a warning about U.S. subprime mortgage lending from Britain's HSBC  sparked a sell-off in financial stocks and investors worried that fallout from the housing slowdown may be far from over.
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Concerns about a slump in UK house prices may damage chances of selling Northern Rock, a report says.
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Pulte Homes Inc , the No. 3 U.S. home builder, posted a quarterly loss on Wednesday, on charges topping $1 billion and said orders fell 37 percent, reflecting the deteriorating U.S. housing market.
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Homebuilders are set for trouble  ahead, with next year's earnings from four of the leading  housing companies set to run lower than Wall Street expects,  according to a hedge fund manager quoted in the latest edition  of Barron's.
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There's an anxious face-off between sellers and buyers of homes as expectations of big profits fade
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Pulte Homes Inc , the No. 3  U.S. home builder, said on Wednesday its quarterly net loss  widened sharply as a deteriorating housing market led to  charges related to the lower value of land and inventory and a  tax-loss benefit.
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The company's stock is up on settlement news, but buyers should beware.
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As the housing boom continues, housing stocks are reporting record earnings. Neither is sustainable.
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The squeeze on home buyers' finances is highlighted by TUC and the Royal Institution of Chartered Surveyors reports.
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Contrarian investors who think now is the time to start buying beaten-down banking stocks could be in for a shock if they don't carefully review those companies' distressed home-equity loan portfolios.
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Should a dreadful first quarter keep you away from this stock?
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TORONTO (CP) - Shares in Molson Inc. came under pressure Friday as the market reacted to a profit warning issued Thursday night. Molson (TSX:MOL.
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Pulte Homes, the owner of Phoenix-based Del Webb, Tuesday announced a profit warning for the third quarter. Citing poor sales in Las Vegas, Pulte now expects third quarter earnings from continuing operations
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The hard-charging homebuilding stocks are making believers of some investors.
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Shares of Pulte Homes Inc. (PHM.N: Quote, Profile, Research) , the No. 2 US home builder, fell 6 percent on Tuesday, a day after it warned of lower-than-expected