Michigan
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Pulte and Centex Homes Losses Narrow
May 05, 2009Pulte Homes [stock PHM][/stock] just reported its Q109 loss narrowed to $514.8m, or $2.02 a share, compared to a loss of $696.1m, or $2.75 a share, from Q108. The quarterly loss includes $410.2m of pre-tax charges related to inventory impairments and other land-related charges. Despite the positive news — and dismissing the fact that current economic conditions mean narrowing losses are a good thing — revenue at the Michigan home builder fell by 3X and new orders also continue downward on a year-by-year basis.
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Firm Touts Web-based REO Offer Management Platform
Apr 28, 2009 -
Four Bank Failures Cost FDIC $700 Million
Apr 27, 2009 -
Jobless Claims Jump; Michigan an Exception
Apr 23, 2009 -
Company Touts Online REO Auction
Apr 21, 2009 -
Consumer Sentiment on the Rise: Report
Apr 17, 2009 -
Jobless Claims: A Bit of Good News?
Apr 16, 2009 -
Jobless Claims Dip: Report
Apr 09, 2009 -
Home Prices Post Surprise Gain in January
Mar 24, 2009 -
Mortgage Fraud at All-Time High: Report
Mar 16, 2009 -
Consumer Sentiment Index Rises In March: Report
Mar 13, 2009 -
Jobless Claims at 27-Year High
Feb 26, 2009