Posts with tag home builder stocks

It seems remarkable -- indeed, almost unbelievable. But the data tells the tale: U.S. homebuilder D.R. Horton reported a profit for the third consecutive quarter yesterday, due to increased home sales and cost cutting. Revenue grew 51 percent to $1.38 billion in most recent quarter as the company sold 6,308 new homes, a 60... Continue Reading »

Could the Gulf oil spill put a damper on homebuilder stocks? We simply don't know yet. That's basically what an analyst's report out of Citigroup says about the effect of BP's Deepwater Horizon oil spill on publicly traded builders, according to The Wall Street Journal. Those builders could potentially see shares decline... Continue Reading »