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When you think of teen apparel you probably think of names like Gap , perhaps Victoria's Secret, or maybe even Ralph Lauren . Somehow retail continues to do an extremely impressive job of generating yields...SPY ) , both the broader stock market and
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KB Home filed a lawsuit in Manatee County court this week seeking financial damages from the subcontractors it hired to build the Willowbrook community to mitigate the cost of ongoing repairs there. The new litigation comes as the big national
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The latest numbers from local housing analysis firm SalesTraq show they're going to need it. The new-home market continued its frothy sales pace in the first quarter. Through March, closings were up 87.3 percent, to 1,590 units, and new permits
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There have been real estate downturns, painful recessions, even the criminal prosecution of its former chief executive. But things hardly looked darker for the home builder than they did in the tough years that followed the downturn in the real
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Three Months Ended February 28, 2013 Revenues increased 59% to $405.2 million from $254.6 million for the first quarter of 2012 as a result of an increase in the number of homes delivered and a higher average selling price. Compared to the year-
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In the process, it's become a cautionary tale for every Florida community that ties its economy to the appearance of new rooftops. "We were hit pretty hard," said homebuilder Charles Rinek. "It's going to take a while before everyone's smiling again."
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When Azusa Land Partners launched the development back in 2005, the region's housing market was roaring. Work on the 518- acre development began the following year with the construction of 120 homes. But things quickly soured as the nation began
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Big Problem With the 2012 Housing Recovery Don't let it get away!...The improvement in the housing sector was one of the success stories of 2012, bringing with it hopes of an improving economy and anticipation for all the construction jobs that would
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Bloomberg News December 21, 2012 KB Home 's stock fell the most in six months after the home builder reported order growth that analysts said was less than that of the company's competitors. The stock fell $1.06, or 6.4%, to close at $15.60 on
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According to the company's official press release announcing the results, net profit amounted to $7.7 million ($0.10 per diluted share), against 4Q 2011's $13.9 million, for a year-over-year decline of nearly 45%. Revenues, on the other hand, posted
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