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And the hotel operator also raises forward guidance, adding to the bullish case for the stock.
Land impairment charges hit earnings and contribute to the bearish case for these stocks.
The pension fund is urging fellow shareholders to vote for a proposal to change the homebuilder's board.
Proposals for aid to homeowners sent shares in the real estate sector higher this week.
With shares plunging, investors are finally recognizing the risks plaguing the builder.
The unraveling of these off-balance-sheet deals looms as the next big hit to the bloodied sector.
The real-estate-focused mock portfolio surged this year after zeroing in on overvalued stocks.
The rate could quadruple to 4.2% next year, the agency says.
The Legg Mason fund guru says Citi needs a manager who will simplify, not overhaul.
Bad news from Freddie Mac and D.R. Horton gives fresh signals that the market is nearing disaster.
Bonds drop sharply as investors grow nervous about liquidity issues. Legg Mason unloads its stake.
Of all homebuilders, this one faces the biggest risk of bankruptcy.
Funds that invest in homebuilders took a beating, but REIT funds are sitting pretty.
Financials take a break and Standard Pacific clings to life. Nick Yulico weighs in on housing, plus Chris Edmonds on energy.
Standard Pacific falls on news the homebuilder will eliminate its quarterly dividend.
An academic formula predicts which companies are best positioned in the housing downturn.
The previously red-hot markets of California, Florida, Nevada and Arizona have the highest defaults.
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