pending home sales posts
FeedPosted Mar 28th 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, Earnings Reports, Nokia Corp. (NOK), Alcatel-LucentADS (ALU), Currency

U.S. stock futures are slightly higher this morning, as investors await economic data. Futures on the
Dow Jones Industrial Average gained 12 points to 12,182, while futures on the S&P 500 index rose 1.3 points to 1,311.30. Nasdaq 100 futures climbed 6.75 points to 2,323.75.
U.S. stocks closed higher on Friday, with the
Dow Jones industrial average gaining 50 points to 12,221, the Standard & Poor's 500 Index rising 4 points to 1,314 and the Nasdaq Composite Index climbing 7 points to 2,743.
Continue reading Futures Up as Investors Await Home Sales, Personal Income Data
Posted Mar 27th 2011 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Family Dollar Stores (FDO), Economic Data
The calendar quarter winds down this week and quarterly reports are due from Apollo Group (APOL), CarMax (KMX), Global Payments (GPN), Krispy Kreme (KKD), Lennar (LEN) and McCormick (MKC). But analysts surveyed by Thomson Reuters have high hopes for results from fertilizer and animal feed maker Mosaic (MOS), apparel maker Phillips Van Heusen (PVH) and discount retailer Family Dollar (FDO). So here's a look at what they anticipate from these three companies.
Mosaic
During its fiscal second quarter, Cargill agreed to distribute its stake in Mosaic, and Mosaic also said it would redeem senior notes. Analysts anticipate that the Minnesota-based potash producer will report per-share earnings of $1.07, a jump of 53.3% from the same quarter of last year. Mosaic also is expected to post revenue of $2.4 billion for the three months that ended in February. That's a 35.9% rise from a year earlier.
Continue reading Week in Preview: Mosaic, Family Dollar Earnings and March Unemployment Rate
Posted Jan 23rd 2011 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Microsoft (MSFT), McDonald's (MCD), Caterpillar (CAT), American Express (AXP), Chevron Corp (CVX), Economic Data, United Technologies (UTX), Federal Reserve, General Dynamics Corp (GD)
With earnings season in full swing, the FOMC meeting on interest rates, the GDP estimate, and housing numbers due out, the coming week is shaping up to be a busy one. So here's a peek at what's on the economic calendar.
Monday
Quarterly reports from American Express (AXP) and McDonald's (MCD) will highlight Monday. Amgen (AMGN), CSX (CSX), Halliburton (HAL) and Texas Instruments (TXN) are also expected to report strong earnings results.
Continue reading Week in Preview: GDP, FOMC Meeting, Housing Data and Lots of Earnings
Posted Aug 29th 2010 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Economic Data
Investors nervous about the possibly stalled economic recovery -- or worse, the beginning of the latter phase of a double-dip recession -- were not pleased with last week's housing numbers. Things were perhaps ameliorated somewhat by durable goods order numbers and a revised GDP that weren't as bad as expected, but that didn't stop the Dow from dipping below 10,000 later in the week, before fighting its way back above the benchmark to end the week, thanks largely to Fed chair Bernanke's comments on Friday.
Though the end of August is usually quiet, this week lots more economic data are due out, including more housing numbers: The Case-Shiller Home Price Index for June on Tuesday, construction spending numbers for July on Wednesday, and NAR's pending home sales for July on Thursday. There's not expected to be much to get excited about in these numbers.
Continue reading The Week in Preview: Employment, Housing, Manufacturing, Earnings Expectations
Posted May 4th 2010 5:00PM by Connie Madon (RSS feed)
Filed under: Analyst Reports, Forecasts, Good news, Aetna Inc (AET), Economic Data, Housing
Pending home sales rose 21.1% in March over 2009 numbers. The big driver was the expiration of the first time home buyer credit. Contracts had to be signed by the end of March to qualify. Nevertheless, these numbers are encouraging.
The National Association of Realtors' (NAT)' index stood at 102.9, up 5.3% It should be noted that pending sales lead existing sales by one to two months.
Separately, the Commerce Department released their numbers on manufactured goods. Excluding defense, factory orders were up 1.3%. Non defense capital goods, excluding aircraft were up 4.5%
Continue reading Pending Home Sales Surge 21.1% in March
Posted Feb 3rd 2009 4:30PM by Michael Fowlkes (RSS feed)
Filed under: Major Movement, Earnings Reports, Good news, Market Matters, Money and Finance Today, D.R.Horton (DHI), Economic Data, Housing, Financial Crisis

The troubled housing market got a bit of good news today, as the National Association of Realtors stated that
pending home sales rose during the month of December.
According to today's report, pending home sales increased by 6.3% in December, coming off an all-time low that it set in November. The news comes as potential home buyers are starting to show interest in deeply-discounted homes.
Continue reading Pending home sales rise in December, according to NAR
Posted Mar 6th 2008 12:29PM by Joseph Lazzaro (RSS feed)
Filed under: Forecasts, Economic Data, Housing

U.S. pending homes sales were flat in January 2008, the National Associations of Realtors announced Thursday,
in a statement, with the association also forecasting a gradual housing sector recovery in the second half of 2008.
Economists surveyed by
Bloomberg News had forecast that January 2008 pending sales would fall 1%.
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in January 2008, held at a stable level of 85.9, unchanged from December 2007, but was 19.6% below the January 2007 reading of 106.8,
the NAR said.
Regional statsBy region, the January 2008 Pending Home Sales Index was as follows: Northeast, down 4.1%; South, down 6.1%; West, up 13.0%; and Midwest, up 0.6%.
Continue reading U.S. pending home sales unchanged in January, better than expected
Posted Feb 7th 2008 1:30PM by Joseph Lazzaro (RSS feed)
Filed under: Bad News, Housing, Recession

Sales of previously-owned homes fell for the second consecutive month in December 2007, signaling that the nation's worst housing slump in more than 20 years is no where near recovery stage.
The National Association of Realtors' index of signed purchase agreements decreased 1.5% to 85.9 in December 2007, the group said Thursday,
in a statement. Economists had expected the index to fall about 1% in December. The index fell a revised 3% in November 2007, a downward revision.
Another sobering housing statEconomist Glen Langan told BloggingStocks there's no way one can sugarcoat Thursday's housing sector statistic.
Continue reading Pending home sales fall 1.5% in December, signaling housing slump continues
Posted Jan 8th 2008 12:25PM by Joseph Lazzaro (RSS feed)
Filed under: Forecasts, Bad News, Economic Data, Housing
Sales contracts of previously-owned homes plunged -2.6% in November 2007, a stat that suggests the contraction in the housing sector will persist in the immediate months ahead.
The National Association of Realtors announced that the pending home index, which tabulates contracts signed for homes but not closed, fell 2.6% in November 2007. Economists had expected a 0.7% decline in November 2007. The index rose in September 2007 and October 2007.
Further, the index declined 19.2% during the previous 12 months. The index declined in 3 regions: -13% in the Northeast, -4.1% in the Midwest, -2.1% in the West, but increased +2.3% in the South.
Continue reading Pending home sales plunge 2.6% in November