Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Carl Reichardt of Wells Fargo. Carl Reichardt - Wells Fargo I had a question about mothballing the 8,700 lots. I’m just trying to get a sense of what scenario would have to unfold for those lots...
Hovnanian Enterprises Inc. (NYSE: HOV) said that a tax law change will result in a tax benefit in the first two quarters of 2010. Shares of the homebuilder rose 36 cents to close at $4.40....
Once again we see another disguised bailout. Remember that Obama said the bailouts were over, instead they just disguise them.
On Nov. 6, President Obama signed the Worker, Homeownership and Business Assistance Act of 2009 into law, extending unemployment benefits by 20 weeks and renewing the first-time homebuyer tax credit until next April.[More...]
For the most part, the big banks have now reported earnings. And there’s a lot to digest. But when we’re done with today’s discussion, I believe we’ll have a strong handle on a big opportunity for small cap investors.
So bear with me as we set the stage…
Wednesday morning Morgan Stanley (MS) reported ...
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