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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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-home
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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
News
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Stocks gain after Bernanke, economic news
a lot of activity ... but not real legs." Shares of major homebuilders surged after the home price data. Hovnanian Enterprises . jumped more than 6%, adding 28 cents to $4.57, while Lennar rose 40 cents, or 2.8%, to $14.97
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Stocks cap best week in 4 months mixed; Dow up 7% for the week
months, beating economists' estimates. Building permits climbed 8.7%, also beating forecasts. Shares of Hovnanian Enterprises rose 8 cents, or 3.3%, to $2.53, while DR Horton rose 26 cents, or 2.7%, to $9.90. The market's
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Hints of stabilizing economy spark late stock rally
boosting its quarterly dividend by 10%, to 4 cents. Home builders rose after the report on builder sentiment. Hovnanian Enterprises jumped 21.4%, while Toll Brothers rose 2.7%. Intel pushed tech companies lower. The chipmaker's earnings
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Program to help home buyers with down payments nears end
to a sales promotion running for one of the builder's developments in Santa Clarita, Calif. Pulte Homes and Hovnanian Enterprises are both urging visitors to their websites to take advantage of the down payment assistance programs before they
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KB Home reports $255.9M loss, misses forecasts
measure closely watched by builders is the rate of cancelations for home orders. Several builders, including Hovnanian Enterprises , Toll Brothers, and Lennar, have reported lower cancellation rates in their most recently completed quarter
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Housing, inflation reports await investors this week
credit losses to hurt Morgan Stanley and Bear Stearns. In other earnings this week, Best Buy, home builder Hovnanian Enterprises and Palm report Tuesday; General Mills reports Wednesday; Discover Financial Services, ConAgra Foods and Research
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Home builders' foundations shift with shaky market
offer less expensive features. "We are reanalyzing every location we're in," said Ara Hovnanian, CEO of Hovnanian Enterprises . hov Last month, the company sold 2,100 homes in a three-day nationwide "deal of the century" sale with
