Stocks fall after weak earnings, economic reports The stock market put its big rally on hold Tuesday after disappointing earnings and economic reports reminded investors of the obstacles still facing the economy. Read more on AP via Yahoo! News
Tag Archives: weak
S&P downgrades KB Home on weak housing recovery
S&P downgrades KB Home on weak housing recovery SAN FRANCISCO (MarketWatch) — Standard & Poor’s said Friday it downgraded the corporate credit rating on KB Home to B+ from BB- given a weak rebound in the housing market. S&P, however, raised KB Home’s ratings outlook to stable from negative. “Our rating on KB Home reflects [...]
Lower prices and sales plunge reflect weak housing market
Lower prices and sales plunge reflect weak housing market Auckland’s residential property market is weak, economists say, with the city’s largest estate agency saying sale numbers and prices are down on this time last year.Barfoot & Thompson said the June total of 665 sales was 16 per… Read more on The New Zealand Herald
Housing Market May Not Be That Weak, Shiller Says: Tom Keene
Housing Market May Not Be That Weak, Shiller Says: Tom Keene The U.S. housing market may not be as weak as Robert Shiller, co-creator of the S&P/Case-Shiller home price index, described it earlier this month. Read more on BusinessWeek
Kansas City housing market continued its weak performance in February
Kansas City housing market continued its weak performance in February Mar. 17–The Kansas City housing market continued its weak performance in February, with the average price of a home down 3 percent and sales activity sluggish despite a federal incentive program. Read more on Builder Magazine