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Financial Time (Free subscription) | 06/08/2008
The largest US homebuilder reports a loss for the fifth quarter in a row, underlining that the market for new homes continues to deteriorate almost unabated
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Financial Time (Free subscription) | 06/08/2008
DR Horton, the largest US homebuilder, reported a larger-than-expected loss in its third quarter yesterday, hit by writedowns to the value of its land and homes and...
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The Washington Times (Free subscription) | 05/08/2008
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange:
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Reuters UK (Free subscription) | 01/07/2008
(Corrects spelling of analyst's first name to Vicki from Vicky)
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The Street (Free subscription) | 25/06/2008
The homebuilder is working down inventory, and the airline's shares seem to have priced in most of its negatives.
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The Dallas Business Journal (Free subscription) | 20/06/2008
Accounting firm KPMG is staying in downtown Fort Worth's Sundance Square, but moving from the D.R. Horton Tower to the Wells Fargo Tower.
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New Home Communities Blog (Free subscription) | 20/06/2008
By Story By Jane Mahoney For the Journal DR Horton, which bills itself as “America’s Builder,” is determined to provide innovative residential design for master-planned communities. The builder’s new Astante Villas community at Rio Rancho’s Cabezon Communities lets home buyers choose to live in ways different from the suburban norm of one house, one family, one yard. Instead, [...]
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Market Watch (Free subscription) | 16/06/2008
BOSTON (MarketWatch) -- Lehman Brothers analyst Megan Talbott McGrath in a research note Monday wrote some home builders could be in the process of renegotiating credit facilities, with D.R. Horton Inc. , Ryland Group Inc. and Pulte Homes Inc. the most likely candidates. "However, with no money drawn on these facilities and continued cash generation expected, we think there is little risk of the facilities...
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Business Wire (Free subscription) | 10/06/2008
CHICAGO--(BUSINESS WIRE)--The Sidewinder Report, the www.onn.tv daily
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Market Watch (Free subscription) | 10/06/2008
NEW YORK (MarketWatch) -- Fitch Ratings said Tuesday that it has downgraded the issuer default ratings for certain home builders, including D.R. Horton Inc. , which was changed to "BB+"; Centex Corp. , which was changed to "BB+"; Lennar Corp. , which was changed to "BBB-"; Pulte Homes , which was changed to "BBB-"; and Meritage Homes , which was changed to "B+". Fitch affirmed the IDRs of MDC Holdings...
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Business Wire (Free subscription) | 10/06/2008
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded D.R. Horton, Inc.'s (NYSE: DHI) Issuer Default Rating (IDR) and other outstanding debt ratings as follows:
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San Fransisco Chronicle (Free subscription) | 10/06/2008
Credit-rating agencies are betting that the housing downturn will deepen well into next year, dragging out home builders' woes. Fitch Ratings on Tuesday slashed its issuer default ratings for eight builders, bumping three - Ryland Group Inc., D.R. Horton and...
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Market Watch (Free subscription) | 09/06/2008
SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Monday lowered all of the ratings of KB Home and D.R. Horton Inc. because the homebuilders have started to generate quarterly losses before impairments and other charges. Moody's cut KB Home's and D.R. Horton's corporate family and senior unsecured notes ratings to Ba2 from Ba1, and their subordinated notes ratings to B1 from Ba2. The agency...
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Business Wire (Free subscription) | 04/06/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com releases the latest Analyst Interview. Today’s interview is with senior analyst Mario Ricchio, who discusses D.R.