Tag Archives: housing market

Soaring stocks and the reasons why (EK, TXT, KBH)

In this report: Textron (NYSE:TXT), Eastman Kodak (NYSE:EK) and KB Homes (NYSE:KBH).

Textron (NYSE:TXT) shares are trading significantly higher today after it was reported that the company could be spinning off some of its businesses. Reuters released an article citing …

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Lennar Corp. up after revenue smashes analyst expectations in 4Q

Lennar Corp. (NYSE:LEN) is trading over 2 percent higher today after the company reported higher revenue in the fourth quarter as it delivered more homes. Higher expenses dragged net income 5 percent lower during the three month period but Lennar …

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What the fuss Visa, Beazer Homes and Powerwave Technologies?

In this report: Beazer Homes (NYSE:BZH), Visa (NYSE:V) and Powerwave Technologies (NASDAQ:PWAV).

Beazer Homes (NYSE:BZH) is trading over 2.4 percent higher today following a report released by the Commerce Department that said Homebuilders began work on a seasonally adjusted 658,000 …

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What the Fuss MGM, Plutegroup and Ralph Lauren?

In this report: MGM Resorts (NYSE:MGM), PluteGroup (NYSE:PHM) and Polo Ralph Lauren Corp. (NYSE:RL).

MGM Resorts (NYSE:MGM) traded nearly 5 percent higher today before dropping back to its current stock price of $11.08 a share. The rally came after an …

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‘Project new BAC’ underway as Bank of America cuts 30,000 jobs

Bank of America (NYSE:BAC) has announced that they will cut around 30,000 jobs over the next few years in an attempt to cut its costs by about $5 billion a year. The nation largest bank is on a mission to …

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Zillow jumps 5 percent after analyst’s initiate coverage

Zillow Inc. is trading more than 5 percent higher today after analysts at Citigroup (NYSE:C) rolled out its rating on the company with a ‘Buy’ status.

Mark Mahaney, analyst at Citigroup Global Markets, put a $36 per share price target …

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