Hovnanian Enterprises
Latest Hovnanian Enterprises News
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U.S. stocks decline; euro dives on Greece turmoil
giving home builder stocks a strong boost. Home builders rallied, including KB Home kbh , Lennar Corp. len and Hovnanian Enterprises hov . In early trading, stocks were helped by a report of growth in retail sales for April and a survey by the
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U.S. wavers; euro dives on Greece turmoil
has risen for seven of the past eight months. Home builders rallied. KB Home kbh and Lennar Corp. rose 4%, Hovnanian Enterprises hov 5%. Stocks were also helped by a report of growth in retail sales for April and a survey by the New York Fed
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Home builders and investors both see signs of a turn
last six months." The stock market was first to pick up the idea that the housing market is turning. Shares of Hovnanian Enterprises , a Red Bank, N.J.-based builder, have led the charge since summer. The caveat, though, is that the
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Stocks Fall as Fed Delivers Mixed Economic Outlook
fell 16 percent after reporting a larger loss and lower revenue than analysts had expected. And home builder Hovnanian Enterprises Inc. lost nearly 12 percent after it reported a large second-quarter loss late Tuesday. The yield on the 10
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Hovnanian Enterprises' Loss Grew in Fiscal 2Q
Hovnanian Enterprises Inc. said Tuesday that its loss more than doubled in its fiscal second quarter, as the homebuilder sold fewer homes and booked
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Business Highlights
kingpin Saudi Arabia to push prices downward. ——— Hovnanian Enterprises ' loss grew in fiscal 2Q LOS ANGELES (AP) — Hovnanian Enterprises Inc. says its loss more than doubled in its fiscal second quarter, as home
News
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Business Events Scheduled for Tuesday
survey for April, 10 a.m. WASHINGTON — Federal Reserve releases consumer credit data for April, 3 p.m. Hovnanian Enterprises Inc. releases quarterly financial results. PARIS — France hosts G-20 conference on nuclear safety.
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Business Events Scheduled for the Coming Week
consumer credit data for April, 3 p.m. WASHINGTON — Senate Finance Committee hearing on deficit reduction. Hovnanian Enterprises Inc. releases quarterly financial results. PARIS — France hosts G-20 conference on nuclear safety. WEDNESDAY
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Business Events Scheduled for Wednesday
Committee on the international financial system, 10 a.m. DETROIT — Automakers release vehicle sales for May. Hovnanian Enterprises Inc. releases quarterly financial results. TOKYO — International inspectors deliver report to the Japanese
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Business Events Scheduled for the Coming Week
MONDAY, May 30 Stock and bond markets closed for Memorial Day. TUESDAY, May 31 NEW YORK — Standard & Poor's releases S&P/Case-Shiller index of home prices for March and the first quarter, 9 a.m. WASHINGTON — The Conference Board releases the Consumer Confidence Index for May, 10 a.m. BERLIN —
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Corporate Boards Gone Wild
His 2008 board pay: $1,314,418. That includes four directorships: Intuit, which pays him $374,888; Hovnanian Enterprises , $409,007; Tenet Healthcare, $404,046; and United Technologies, $126,477. If he could change only
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Home builder index posts third straight monthly rise
Builders' stocks jumped Wednesday afternoon following the release of the report. Shares of Beazer Homes USA bzh and Hovnanian Enterprises hov , were each up about 10% to lead the sector. Despite job losses and other impacts from the recession, new
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Strong economic reports leave investors unfazed
shrank to the lowest level since April 2007. If supply is decreasing, builders may need to ramp up production. Hovnanian Enterprises rose 43 cents, or 9.4%, to $5.00, tacking on to its 6.5% jump the day before. Lennar rose 61 cents
