Insider Selling at Toll Brothers Concerns Investors Sep 26, 2009
Virtually all of the builders, with the exception of NVR Inc., are expected to continue posting losses through 2010 and are not expected to report a significant rebound in earnings and home prices until 2011 or possibly 2012 at the earliest, says George. Also, the federal tax credit, if not extended, will expire on Nov. 30, which could slow the housing recovery further. (Time.com)
Lennar, Homebuilders Begin to Appeal After Pain Aug 17, 2009
They are NVR Inc. of Reston, Virginia, Pulte Homes Inc. of Bloomfield Hills, Michigan, Lennar Corp. of Miami, MDC Holdings Inc. of Denver, KB Home of Los Angeles, Centex Corp. of Dallas, and Ryland Group Inc. of Calabasas, California. The malt shop P/E is two for and Lennar, three for KB Home, Pulte and Ryland, five for MDC and DR Horton, and eight for NVR and Toll Brothers. (Bloomberg -- Columnists)
New US home sales jump 11% Jul 28, 2009
NVR Inc., the fourth-largest US homebuilder, said last week that new orders increased 2 per cent in the second quarter compared with a year earlier. The rate of cancellations fell to 14 per cent from 19 per cent in the second quarter of 2008 and 15 per cent in the first three months of this year. (Sydney Morning Herald -- Business)
Nasdaq up on Apple, Starbucks Jul 23, 2009
Search Type Choose a search type from the items below. By Ellis Mnyandu Ellis Mnyandu. (Yahoo News -- Press Releases)
THIS US HOMEBUILDER IS NOT A HOUSE OF CARDS Apr 14, 2009
NVR Inc., a Reston, Va. -based homebuilder, is making all the other companies in the whiny housing industry look pathetic. (New York Post -- Business)
ACPT Reports Results for 2008 Apr 1, 2009
March 30 /PRNewswire-FirstCall/ -- American Community Properties Trust ("ACPT" or the "Company"), (Amex: ), today announced results for the year and quarter ended December 31, 2008. For the year ended December 31, 2008, ACPT reported a net loss of $11,356,000, or $2. (PR Newswire)
