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Homebuilders Continue to Suffer

Homebuilder D.R. Horton, Inc.’s (NYSE: DHI) second quarter results sent ripples throughout the sector Tuesday, driving major competitors Pulte Homes, Inc (NYSE: PHM), Lennar Corporation (NYSE: LEN), and The Ryland Group, Inc. (NYSE: RYL) down in midday trading.
Texas-based D.R. Horton, famous for its slogan “America’s Builder,” reported a second quarter Tuesday with almost no […]

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21May2008 | Justin Kuepper | 0 comments | Continued