Hints and tips:
...Homebuilders Lennar and DR Horton rose by more than 2 per cent, reflecting optimism that a continued decline in inflation will bring about looser monetary policy....
...South Korea is not alone in confronting a “baby bust” (“S Korean workers wooed with $75,000 baby bonus”, Report, April 2)....
...In “Volts from the blue” (HTSI, June 17), X Shore 1’s “electric set-up” must produce 125 kilowatts not kilowatt hours to get to its 30-knot speed. (125kWh tells you nothing about delivery of power, ie how...
...The S&P 500 was up 0.3 per cent....
...Shares in DR Horton, Lennar and NVR, which Berkshire disclosed it owned this week, have risen about a third apiece this year, far outpacing the S&P 500 stock index....
...According to S&P Global, in the first nine months of 2023 global private equity investments had an aggregate value of $365.3bn, a decline of 44 per cent year over year....
...Compare that with the S&P 500’s 17 per cent rise. Valuations, too, are relatively pricey. Lennar trades on 12 times forward earnings and DR Horton at 11 times — both the highest since autumn 2020....
...Pulte has been one of the best- performing stocks in the S&P 500. Never pick stocks, even in a stupid stockpicking contest, on the basis of superficial research....
...RBI’s 33 per cent ebitda margin is a third less than McDonald’s, according to S&P Global Market Intelligence....
...The S&P Homebuilders Select Industry index is down 25 per cent so far this year, outpacing losses on the S&P 500 index....
...companies (Mosaic, Diamondback) homebuilders (Pulte, Lennar, DR Horton); communication networks (AT&T, Verizon, Dish); carmakers (GM, Ford); memory chipmakers (Micron, Western Digital); and some out-of-favour...
...The Russell growth index is up 17 per cent from the low, beating the S&P’s 13 per cent and the Russell value’s 9....
...The sales frenzy stoked a 14.6 per cent year-on-year gain in home prices in April, according to the S&P Corelogic Case-Shiller index....
...Markets: US futures markets implied the tech-heavy Nasdaq 100 index would open 1.5 per cent higher, while the S&P 500 is poised to open 0.8 per cent higher....
...Flats made up 68 per cent of sales in the year to date, with an average price of £683,345, below that of 2019’s £694,632, according to LonRes, which tracks the prime London market....
...The S&P 500 was up. It was not, there was an issue in the, in the financial environment. The issue was with regulators....
...The S&P Homebuilders Select Industry index fell 5.6 per cent on Monday as hopes of a vaccine-fuelled economic rebound sent the 10-year Treasury yield to a near seven-month high....
...The great hedge fund debate Back in 2008 Warren Buffett made a $1m bet that the S&P 500 index would outperform a basket of hedge funds over the course of a decade....
...Transactions worth $11.3bn involving China-based companies have been agreed but not yet completed, the Dealogic figures show, including the merger of the Canadian chain Tim Hortons’ Chinese business with...
...Lex zoomed in on two housebuilders — Taylor Wimpey in the UK and DR Horton in the US. These companies are in good shape....
...The four largest homebuilders in the S&P 500 — DR Horton, Lennar, NVR and PulteGroup — all hit record highs this month, placing them among a rare number of companies in the index that have matched the market...
...The S&P Homebuilders Select Industry Index is up 17 per cent this year and touched a new peak this week....
...“This virus . . . hasn’t been in our population for long enough for us to know what it does in immunological terms,” WHO spokeswoman Margaret Harris told BBC Radio 4’s Today programme....
...Shares in major homebuilders were down on Wednesday, while the broader S&P 500 rose 0.3 per cent. PulteGroup fell more than 3 per cent. Toll Brothers and DR Horton were down 2 per cent....
...US scientists are working with China to investigate Covid-19’s origins. Bill Gates told the FT that his foundation would give its “total attention” to Covid-19....
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