|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||1.96 - 2.00|
|52 Week Range||1.66 - 3.41|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 31, 2018 - Jun 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.75|
Hovnanian Enterprises, Inc. (HOV) (the “Company”) announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc. (the “Issuer”), has amended certain terms of its previously announced private offer to exchange (the “Exchange Offer”) any and all of the Issuer’s $440.0 million outstanding 10.000% Senior Secured Notes due 2022 (the “Existing 2022 Notes”) and $400.0 million outstanding 10.500% Senior Secured Notes due 2024 (together with the Existing 2022 Notes, the “Existing Notes”) for the Issuer’s newly issued 3.0% Senior Notes due 2047 (the “New Notes”) and concurrent solicitation of consents with respect to the Existing 2022 Notes (the “Existing 2022 Notes Consent Solicitation”).
Lloyd Blankfein and Jon Gray, two of the most powerful figures on Wall Street, sat down for lunch last month, just as tensions between their firms were ratcheting up.
Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more and more Americans. The National Association ...
MATAWAN, N.J., April 13, 2018-- Hovnanian Enterprises, Inc. announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc., has amended certain terms of its previously announced private ...
Today, I will be analyzing Hovnanian Enterprises Inc’s (NYSE:HOV) recent ownership structure, an important but not-so-popular subject among individual investors. Ownership structure has been found to have an impact onRead More...
Hedge fund Solus Alternative Asset Management is considering an escalation in its battle with Blackstone Group LP over a homebuilder’s controversial debt refinancing.
MATAWAN, N.J., April 06, 2018-- Hovnanian Enterprises, Inc. announced today that its wholly-owned subsidiary, K. Hovnanian Enterprises, Inc., has commenced a private offer to eligible holders to exchange ...
NEW YORK, April 05, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Hovnanian Enterprises Inc (NYSE:HOV), a US$272.35M small-cap, is a retail company operating in an industry impacted by the digital transformation for all retail channels. Looking at trends for growth inRead More...
Credit default swap investors roiled by engineered defaults in the derivatives markets won’t get a fix just yet.
Hovnanian Enterprises Inc (NYSE:HOV), a consumer durables company based in United States, saw significant share price volatility over the past couple of months on the NYSE, rising to the highsRead More...
The golden era of GSO Capital Partners' elegant credit-default swap playbook may be drawing to a close. Market participants are edging towards action as GSO, the credit hedge fund within Blackstone Group (BX) defends itself against claims by fellow hedge fund Solus Alternative Asset Management that its manufactured CDS "trigger" was a “fraudulent and manipulative scheme.” GSO says the case is without merit. Quick background, as quick as possible with this gnarly story: CDS pay out if/when there is a "credit event" as ruled by the International Swaps and Derivatives Association, the industry group that governs the market.
Bennett Goodman, head of Blackstone Group LP's GSO Capital Partners unit, discusses his firm's controversial credit-default swap trade involving Hovnanian Enterprises Inc. and says he'd back an effort ...
Shares of Hovnanian Enterprises Inc. tumbled 3.9% in early trade Thursday, after the homebuilder reported a wider first-quarter loss and a sharp decline in revenue. The net loss for the quarter to Jan. ...
Apr.18 -- Bloomberg’s Ed Hammond discusses a lunch meeting between Goldman Sachs CEO Lloyd Blankfein and Blackstone President Jonathan Gray. They are said to have talked about a controversial trade involving credit-default swaps. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
Apr.11 -- Chris Pucillo, chief executive officer at Solus Alternative Asset Management, discusses the company's legal dispute with Blackstone's GSO unit. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Daybreak: Americas."
Mar.09 -- Bennett Goodman, head of Blackstone Group LP's GSO Capital Partners unit, discusses the high-yield bond market, creating a new portfolio-risk analytics business, and backing efforts to change the rules that enabled a controversial credit-default swap trade involving Hovnanian Enterprises. He speaks with Bloomberg's Erik Schatzker in New York.
Mar.09 -- Bennett Goodman, head of Blackstone Group LP's GSO Capital Partners unit, discusses his firm's controversial credit-default swap trade involving Hovnanian Enterprises Inc. and says he'd back an effort to change the rules that enabled it. He speaks with Bloomberg's Erik Schatzker in New York.