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MBA Mortgage Applications Decrease 2.7% from Last Week
Wednesday, March 28, 2012 - 8:07am | 462The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 2.7% versus the prior week. This is essentially bearish for the U.S. housing market. MBA Mortgage Applications measures the change in the...
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New Home Sales Rise Less than Expected
Friday, March 23, 2012 - 9:17am | 499New Home Sales measures the number of new single-family homes that were sold during the prior month; this report is somewhat strongly correlated to Existing Home Sales. (NYSE: XHB) The Survey states that 313 thousand new single-family homes were sold in February. This is lower than the 325...
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MBA Mortgage Applications Decrease 7.4% from Last Week
Wednesday, March 21, 2012 - 7:10am | 469The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 7.4% versus the prior week. This is essentially bearish for the U.S. housing market. (NYSE: XHB) MBA Mortgage Applications measures the...
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Building Permits Signal Recovering Housing Market
Tuesday, March 20, 2012 - 8:06am | 475Building Permits tracks the change in government issued new building permits from the prior month. Housing starts tracks the change in the number of new residential buildings that began construction during the month. Both signal to the health of the US housing market. Larger-than-expected...
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MBA Mortgage Applications Decrease 2.4% from Last Week
Wednesday, March 14, 2012 - 6:24am | 459The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 2.4% versus the prior week. This is essentially bearish for the U.S. housing market. MBA Mortgage Applications measures the change in the...
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LP Adjusts Year End 2011 Results; After Adj, Net Loss was $181.3M from $170.7M Prior Reported
Monday, February 27, 2012 - 8:43am | 143Louisiana-Pacific Corporation (NYSE: LPX) reported today that it has adjusted its 2011 results to reflect a non-cash impairment charge related to its investment in its U.S. Greenfiber joint venture due to information received after the release of earnings. On Feb. 24, 2012, LP was notified that...
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New Home Sales Rise More than Expected
Friday, February 24, 2012 - 10:44am | 474New Home Sales measures the number of new single-family homes that were sold during the prior month; this report is somewhat strongly correlated to Existing Home Sales. The Survey states that 321 thousand new single-family homes were sold in January. This is lower/higher than the 315 thousand...
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Existing Home Sales Rise 4.57M, Less than Expected
Wednesday, February 22, 2012 - 10:17am | 536Existing Home Sales measures the change of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a strong indicator of overall economic strength. The Survey states that 4.57 million existing residential...
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MBA Mortgage Applications Decrease 4.5% from Last Week
Wednesday, February 22, 2012 - 10:03am | 456The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 4.5% versus the prior week. This is essentially bearish for the U.S. housing market. MBA Mortgage Applications measures the change in the...
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UPDATE: UBS Investment Research Downgrades Louisiana-Pacific
Wednesday, February 8, 2012 - 1:42pm | 98UBS Investment Research lowers its rating on Louisiana-Pacific (NYSE: LPX) to Sell from Neutral and lowers its price target by $1 to 7.50 as it lowers estimates on more conservative outlook following wide 4Q loss. UBS Investment Research notes, "We fear that given current weak industry...
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UPDATE: DA Davidson Downgrades Louisiana-Pacific to Neutral
Wednesday, February 8, 2012 - 11:14am | 106DA Davidson lowers its rating on Louisiana-Pacific (NYSE: LPX) to Neutral from Buy on unlikely profitability for the company in 2012. DA Davidson says, "With a return to profitability not foreseen before 2014, book value and cash should continue to erode – prompting us to cut our target from $11....
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MBA Mortgage Applications Increase 7.5%
Wednesday, February 8, 2012 - 8:11am | 456The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey increased 7.5% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...
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Earnings Scheduled For February 7
Tuesday, February 7, 2012 - 3:59am | 537Harman International Industries Inc (NYSE: HAR) is expected to post its Q2 earnings at $0.78 per share on revenue of $1.08 billion. Gartner Inc (NYSE: IT) is estimated to post its Q4 EPS at $0.47 on revenue of $427.61 million. The Coca-Cola Company (NYSE: KO) is projected to report its Q4...
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MBA Mortgage Applications Decrease 2.9% from Last Week
Wednesday, February 1, 2012 - 7:51am | 457The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 2.9% versus the prior week. This is essentially bearish for the U.S. housing market. MBA Mortgage Applications measures the change in the...
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MBA Mortgage Applications Decrease 5% from Last Week
Wednesday, January 25, 2012 - 9:53am | 457The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 5% versus the prior week. This is essentially bearish for the U.S. housing market. MBA Mortgage Applications measures the change in the...