Daily Stocks News » PHM

PulteGroup Shares Climb on Q3 Results

Warren Paige — Thu, 24 Oct 2013 19:27:47 +0000

Shares of PulteGroup Inc. (NYSE: PHM) gained sharply on Thursday after the homebuilder reported better-than-expected fiscal third quarter results. Higher selling prices and increased number of closing helped drive up the revenue even as new orders fell. For the latest period, average selling prices climbed 11% to $310,000. Home-building cost of revenue rose 18%. Home [...]

Major Movers on July 25; OKE, CROX, FB, DHI, PHM, BIDU

Warren Paige — Thu, 25 Jul 2013 21:19:13 +0000

Tulsa, Oklahoma-based diversified energy company, ONEOK Inc. (NYSE: OKE) today announced that its Board of Directors authorized the management to pursue a plan to separate the company’s natural gas distribution business into a standalone publicly traded company.

Under the proposed plan, OKE shareholders would retain their current shares in the company’s common stock and [...]

Homebuilders’ Shares Rally after Bernanke’s Dovish Remarks (DHI, KBH, TOL, SPF, LEN, PHM)

Warren Paige — Fri, 12 Jul 2013 07:57:25 +0000

Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks.

While addressing a group of economists at the National Bureau of Economic Research,the Fed Chairman on Wednesday said that the bank still believes the need for continuing with its accommodating policy for foreseeable future. Bernanke said [...]