|Day's Range||0.8400 - 0.8700|
Recent upbeat data shows the housing market is stabilizing. But behind the positive trend lies an alarming reality: right now there is more government-backed housing debt than at any other point in U.S. History and taxpayers are on the hook for most of the risk. Adrian Helfert, Westwood Director of Multi-asset Portfolios, joined Yahoo Finance's On The Move to discuss.
The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
Although declining mortgage rates are likely to have aided PulteGroup's (PHM) Q3 earnings, lower deliveries and higher costs are expected to have weighed on the top and bottom lines.
Examining PulteGroup, Inc.'s (NYSE:PHM) past track record of performance is a useful exercise for investors. It allows...
Homebuilding stocks leapt to higher ground in the third quarter, underpinned by the rapid collapse in bond yields. Lower mortgage rates have made buying first homes more affordable for the millennial generation, who have had prior applications denied by risk-averse lenders.
Keep an eye on Nike and AT&T;, Sierra Alpha Research President David Keller says, citing their relative strength amid stock market volatility.
Of all of the sectors and industries included in this list, homebuilder and construction-related companies had the toughest road to hoe, as evidenced by the 62% drop in the Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSE: NAIL) between September and December in 2018. Data as of Sept 23, 2019, Past performance is not indicative of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Pulte Homes acquired the Oak Tree Golf Club for $31 million with plans to redevelop it into homes. Blackwood Partners and Blackshore Partners, both managed by William M. Murphy in Plantation, sold the 139.2-acre golf course at 2400 Oak Tree Road, Oakland Park, to the national homebuilder (NYSE: PHM). The deal was brokered by F. Thomas Godart of Godart Florida Real Estate Investments.
"He who controls the money supply of a nation controls the nation," U.S. President James A. Garfield reportedly said. The role of the CFO has greater pressures on it than ever before, and it probably is not going to get any easier, the retired CFO of United Community Banks Inc. noted at Atlanta Business Chronicle's 2018 CFO of the Year awards. In May, Atlanta Business Chronicle recognized the 2019 CFO of the Year award winners.
The two-tower project will bring 850 jobs to Atlanta and maintain 2,2025 jobs already in the city. Officials have said it will complete in third-quarter 2021.
Is a recession near? That's the question S&P; 500 investors are asking themselves. But why worry when you can profit from recession-proof stocks?
After big price runs, leaders in an industry group show signs of wear and tear, as institutional selling intensifies. Don't ignore this key sell signal.
A study by online loan marketplace LendingTree found white Americans tend to own a disproportionately high number of homes relative to their overall population in U.S. metro areas.
PulteGroup, Inc. today announced that it will release its third quarter 2019 financial results before the market opens on Tuesday, October 22, 2019. The Company will hold a conference call to discuss its third quarter results that same day at 8:30 a.m.
Lennar's (LEN) land investment plan and dynamic pricing are likely to help it gain in the future. However, higher costs and incentives are risks.