05.09.08
BEACON ROOFING REPORTS NEGATIVE 2.3% EBIT/SALES IN Q1 Mission Viejo, CA - Beacon Roofing Supply (NYSE: BECN) reported an operating loss of $6.94 million on sales of $304.251 [more]

05.09.08
LAFARGE GYPSUM REPORTS NEGATIVE 31% EBIT/SALES Q1 '08 Lafarge Repots Negative 31% EBIT/Sales for North American Gypsum During Jan-March '08 Quarter

Mission Viejo, CA - [more]

05.08.08
ANOTHER HOMEBUILDER FACING MAJOR LIQUIDITY ISSUES Bonita Springs, FL - Home builder WCI Communities Inc (NYSE: WCI) faces the risk of bankruptcy due to its deteriorating [more]

05.08.08
BLUELINX REPORTS NEGATIVE 1% EBIT/SALES FOR 1ST QTR '08 Mission Viejo, CA - Earlier this month Distributor BlueLinx Holdings (MYSE: BXC)reported $7.8 million operating loss on [more]

05.08.08
BUILDER HOVANIAN SEEKING EQUITY INFUSION Hovnanian Enterprises prices follow-on stock offering Hovnanian Enterprises prices 14 million follow-on stock offering [more]

05.08.08
OWENS CORNING EBIT/SALES DROPS TO 4.3% IN FIRST QTR '08 Owens Corning's Insulating Systems EBIT/Sales Drops to 4.3% in Q1 '08 from 12.1% During Q4 '07 Primarily Due to Declinin [more]

05.06.08
D.R. HORTON REPORTS RECORD $1.31 BILLION LOSS D.R. Horton Reports Record $1.31 Billion Loss as Housing Slump Worsens

D.R. Horton Inc. reported a record loss as [more]

05.06.08
EAGLE REPORTS 5.2% POSITIVE EBIT/SALES IN BAD MARKET Mission Viejo, CA - Eagle's (American Gypsum wallboard plus paperboard)positive $4.9 million EBIT before extraordinary p [more]

05.05.08
HOVNANIAN REPORTS IMPROVED CASH & LOWER CANCELATIONS Hovnanian Enterprises Reports Preliminary Operating Results for the Second Quarter of Fiscal 2008, Increases 2008 Cash F [more]

05.02.08
ARMSTRONG REPORTS 16.6% EBIT/SALES AND EXPECTED SLOWING Mission Viejo, CA - Withing Armstrong World Industries (NYSE: AWI) latest results announcement they reported 16.6% EBIT/ [more]

05.02.08
CARAUSTAR REPORTS SLIGHT PROFIT - MKT CAP $45M Wallboard Paper Supplier Caraustar Moves to Slight Profit in First Quarter with Total Market Capitalization of Approxima [more]

05.02.08
UNEMPLOYMENT DROPS TO 5% - CONST LOSES ANOTHER 61m JOBS Economy Shed Jobs in April But Pace of Decline Slows

Washington DC - U.S. employment fell a fourth straight month [more]

05.01.08
CENTEX LOSS WIDENS TO $908M W/LAND&INVENTORY WRITE DOWN New York, NY - Centex Corp (CTX), the No. 4 U.S. home builder, said on Wednesday its fiscal fourth-quarter loss widened [more]

05.01.08
CONSTRUCTION SPENDING DECLINES 1.1% IN MARCH Washington DC - US construction spending was down again in March, but only after across-the-board revisions by the Comme [more]

05.01.08
HOME DEPOT TO CLOSE 15 UNDERPERFORMING STORES Atlanta, GA - It's been 4 1/2 years since former Home Depot Chief Executive Bob Nardelli's bold prediction that the home [more]

05.01.08
STEEL FRAMING PRICE INCREASES MAY EXTEND INTO 3RD QTR Mission Viejo, CA - While increasing steel framing costs were clearly expected through the first half of 2008 (see Gypsu [more]

05.01.08
TREND TOWARD SMALLER HOMES EXPECTED TO CONTINUE In Addition to Facing the Current Declines in New Housing Starts the Residential Construction Industry Should Anticipate [more]

05.01.08
WALLBOARD DEMAND DOWN 13%-14% IN FIRST QTR 2008 Mission Viejo, CA - Gypsum wallboard demand of 6.785 billion square feet in the United States during the January-March 2 [more]

04.30.08
FED CUTS INTEREST RATE 1/4% - SIGNALS RATE PAUSE AHEAD Washington DC - The Federal Reserve delivered its seventh interest rate cut since the credit crisis began last July but [more]

04.30.08
M I HOMES POST $26M LOSS WITH BUSINESS DOWN ABOUT 1/3 M/I Homes posts loss for 1Q on ailing housing market

New York, NY - M/I Homes Inc. (NYSE: MHO)lost money in the fi [more]

04.29.08
CASH GAP PARALYZES IOWA'S REGENCY HOMES Des Moines, IA - Iowa's largest home builder, Regency Cos. of Des Moines, has laid off the entire staff of its home buil [more]

04.29.08
HOME PRICES DECLINE 12.7% IN TOP 20 METRO MARKETS Washington DC - U.S. consumer confidence continued to weaken in April, the fourth straight month of declines, according [more]

04.29.08
MASCO INSTALLATION SERVICES DROPS TO SMALL LOSS IN Q1 Mission Viejo, CA - Within Masco's first quarter 2008 results announcement it was reported that their Installation Servi [more]

04.29.08
NEW RESIDENTIAL RECOVERY POSSIBLE IN SPRING 2010 Excess Supply of Homes to Sell, Increasing Foreclosures, Concern about Jobs and Expectations of Further Declines in Home [more]

04.27.08
CONSUMER CONFIDENCE PLUNGES 9.9% TO 26 YEAR LOW U.S. Consumer Confidence Falls in April to its lowest level since March 1982

Washington DC - The Reuters/Universit [more]

04.26.08
CHGO BUILDER KIMBALL HILL HOMES FILES BANKRUPTCY Chicago, IL - Rolling Meadows-based Kimball Hill Inc. filed for bankruptcy protection Wednesday but said it will use $60 [more]

04.24.08
MDC LOSS OF $73 MILLION DEEPER THAN EXPECTED MDC Holdings loss deeper than expected

Denver, CO - U.S. home builder MDC Holdings Inc (MDC.N: Quote, Profile, Res [more]

04.24.08
NEW HOME SALES FALL 8.5% TO LOWEST LEVEL IN 17 YEARS New-Home Sales Fall to Low Last Seen in Early 1990s

The worst days of the housing slump may lie ahead. Buyers van [more]

04.23.08
PULTE HOMES LOSS WIDENS TO $696M WITH WRITE DOWNS Bloomfield Hills, MI - Pulte Homes announced today financial results for its first quarter ended March 31, 2008. For the [more]

04.23.08
RYLAND HOMES CLOSINGS DOWN 33%, NEW ORDERS DOWN 28% Cash balance of $213.3 million as of March 31, 2008;

Net debt-to-total capital ratio was 36.4 percent at March 31, [more]

View News Archives