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US stocks tick higher as Fed decision approaches; homebuilders rise as construction increases

2015-12-16 19:18:24| Telecom - Topix.net

Stocks are edging higher Wednesday, led by utilities and telecommunications companies. Investors expect the Federal Reserve to raise interest rates this afternoon, which would be a vote of confidence in the U.S. economy.

Tags: construction higher decision rise

 

Bull and Bear ETFs Debut in Biotech, Oil and Homebuilders

2015-06-24 10:03:23| Biotech - Topix.net

Adding an extra layer of leverage to what is already on the market, ProShares , the world's biggest provider of leveraged and inverse ETFs, launched a triple-leveraged and a triple-inversed exchange-traded fund for the biotechnology sector, and double-leveraged and double inversed funds for the homebuilding and oil and gas exploration sectors. Let's be clear.

Tags: oil bear bull debut

 
 

Homebuilders Standard Pacific, Ryland Group agree to merger

2015-06-15 04:37:49| Auto Dealers - Topix.net

Standard Pacific Corp. and Ryland Group Inc. have agreed to merge in an all-stock transaction that will create a single homebuilder with operations in 17 states. The two California-based homebuilders said late Sunday that their boards of directors have unanimously agreed to go forward with "a merger of equals" that would form a company with an equity market capitalization of about $5.2 billion.

Tags: group standard agree pacific

 

Foodie buyers targeted by homebuilders as agrihoods blossom

2015-03-06 00:45:36| IT Services - Topix.net

American homebuilders have a long history of bulldozing farms to make way for new housing. Now developers are starting farms to sell homes.

Tags: buyers targeted blossom foodie

 

Look Beyond Homebuilders As Housing Sentiment Stays Strong

2014-12-19 02:17:28| Industrial Machines - Topix.net

On Monday, the National Association Of Home Builders/Wells Fargo's gauge of homebuilder sentiment unexpectedly slipped in November. But it stayed near a nine-year high as the housing market continues to recover gradually.

Tags: strong housing stays sentiment

 

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