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April Housing Data Obliterates Expectations; Investors Buy In
Tuesday, May 19, 2015 - 8:52am | 342Read More...April housing data is out, and it obliterated consensus estimates. U.S. Housing Starts came in at 1.14 million versus the 1.01 million estimate -- a 20.2 percent month-over-month growth. Economists had expected single-digit growth. Building permits also grew 10.1 percent over the month,...
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KB Home Earnings Preview: A Surge in Q1 Revenue Expected
Thursday, March 22, 2012 - 7:05am | 919Read More...KB Home (NYSE: KBH) is scheduled to report first-quarter fiscal 2012 results tomorrow, March 23, before the markets open. The homebuilder reported a profit last quarter, ending a three-quarter string of losses, as well as a year-over-year revenue increase that broke a streak of three consecutive...
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DR Horton and Home Depot to Open Near 52-Week Highs
Monday, January 9, 2012 - 7:38am | 675Read More...The Dow and the S&P 500 both closed down less than 1% on Friday, but were higher than at the start of last week. Also on Friday, in a positive sign for the housing sector, homebuilder DR Horton (NYSE: DHI) and home-improvement retailer Home Depot (NYSE: HD) managed to reach 52-week highs -- of...
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Top Narrow Based Indexes for May 10 (SCGLY, MHO, NILSY)
Monday, May 10, 2010 - 2:24pm | 235Read More...The S&P 500 has started to swing along the 1150 line in recent movements. All the indices are posting broad and strong gains. Volume too has been high, with more than 1 billion shares traded so far on the NYSE. By 2:06 pm, the Dow Jones Industrial Average was up 332.84 points or 3.21%, to 10,...
