Hints and tips:
...“Supply chain may be something where Barry needs support, but the fiscal side of things, what does the P&L actually look like? Barry is as good as they come.”...
..., Sydney; Ardeshir Dalal, Texas; Markos Komondouros, Athens Polymath 1,063: John Buxton, Chesterfield Crossword 16,407: J Welsh, London; VW Durham, Cumbria, England; Rowan McKittrick, London Polymath...
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...The organic growth decline is similar to 2009 but we assume a more muted margin impact of 200 b.p’s vs 300 b.p.s’ – this reflects WPP has anticipated the slowdown & the likely availability of some Government...
...A 34oz bottle of P&G’s Pantene Pro-V Shampoo & Conditioner was listed by 10 different sellers — nine of them third parties — on the shopping site....
...The National Association of Home Builders’s gauge rose to 65 in September, from 59 the month prior....
...Shares of Lennar rose 3 per cent to $44.89, PulteGroup increased 3 per cent to $21.21 and KB Home advanced 2 per cent to $12.42....
...KB Homes was up 3 per cent at $17.20 and Beazer Homes jumped 4 per cent to $18.01....
...(WSJ) The SEC “is seeking up to $750 million in sanctions from Texas entrepreneur Sam Wyly and the estate of his deceased brother, Charles Wyly....
...Alex Barron, analyst at the Housing Research Center in Texas, says acquisition activity has risen in the past six months, with DR Horton buying Alabama-based Breland Homes, and Ryland purchasing Trend Homes...
...The S&P 500 ticked up 0.4 per cent to close at 1,370.87 on Friday....
...Gamestop is the most heavily shorted company in the S&P 500, according to Data Explorers, with 30 per cent of shares sold short as of Wednesday....
...Financial stocks in the S&P 500 led the market lower, with bank shares down 1.8 per cent as the S&P 500 fell 0.7 per cent to 1,165.24....
...The S&P industrial index was down 0.6 per cent, although these losses were pared somewhat by L-3 Communications , which spiked 4.6 per cent to $86.21 after reports that investors were pushing the defence...
...The S&P 500 homebuilders index jumped 4.7 per cent, with Lennar surging 7.2 per cent to $16.88, DR Horton higher by 3.7 per cent to $10.92 and Pulte Groupadding 3.2 per cent to $6.75....
...Housebuilders advanced, with Lennar gaining 6.2 per cent to $14.67, DR Horton rising 4.3 per cent to $10.40 and Pulte boosted by 4.7 per cent to $8.30....
...KB Home dropped 0.2 per cent to $13.80, while Toll Brothers, the luxury homebuilder, lost 0.8 per cent to $18.82. But Pulte Homes, the country’s largest homebuilder, gained 1 per cent to $9.97....
...Share prices of larger US housebuilders have rallied 37 per cent in the past month, according to JPMorgan Chase, outperforming gains in the S&P 500 index....
...Housing stocks also fell on Tuesday after new data showed existing-home sales slowed more than expected in March. Pulte Homes lost 5.3 per cent to $13.82, while KB Home slid 3.5 per cent to $23.55....
...Argent Classic Convertible Arbitrage Fund L.P. v....
...Pulte Homes gained 11.9 per cent to $15.30 in spite of a $787.9m loss in the third quarter. Energy stocks enjoyed strong gains as oil prices soared to record highs above $92 a barrel....
...DR Horton, up 6.9 per cent at $12.77, Pulte Homes, up 8.7 per cent at $14.86, and Lennar, 7 per cent higher at $22.56, were among the best performers....
...The company said it would no longer make subprime loans that required no deposit or proof of income. Homebuilders suffered too, with Pulte Homes falling 5.1 per cent to stand at $25.99....
...“There are an awful lot of empty homes out there.”...
...KB Home fell 6.2 per cent to $40.53, while Pulte shed 3.6 per cent to $28.07. Toll Brothers dropped 2.6 per cent to $24.55....
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