Orleans Homebuilders and its subsidiaries market, develop and build single-family homes, townhomes and condominiums to serve various types of homebuyers, including move-up, luxury, empty nester,...
BENSALEM, Pa.--BUSINESS WIRE--May 19, 1998--Jeffrey P. Orleans, CEO of FPA Corp. Orleans, announced plans Tuesday to rename the company Orleans Homebuilders Inc. "Our family has been associated with quality homebuilding in the Delaware Valley for 80 years and I am proud to have the company bear our...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Carl Reichardt – Wachovia. Carl Reichardt – Wachovia You looked at the new line maturity date and the amount of standing now. How do you see your cash flows running out over the next five quarters or so, operations versus...
Question-and-Answer SessionOperator Operator Instructions. And your first question comes from the line Carl Reichardt. Please proceed. Carl Reichardt - Wachovia Capital Markets Good morning, guys. How are you? Jeffrey Orleans Hi Carl, how are you. Carl Reichardt - Wachovia Capital Markets Fine, thank you. I have a few a...
BENSALEM, Pa., Nov. 13 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. is a residential homebuilder with operations in Southeastern Pennsylvania; Central and Southern New Jersey; Orange County, New York; Charlotte, Raleigh and Greensboro, North Carolina; Richmond and Tidewater, Virginia; Chicago, Illinois; and Orlando, Florida. The Company's Charlotte, North Carolina...
BENSALEM, Pa., Nov. 11 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. will hold a conference call on Friday, November 14, 2008 at 10:00 AM EST to discuss results for the first quarter of fiscal year 2009. You may listen to the conference call and view the Company's slide presentation over...
BENSALEM, Pa., Oct. 21 /PRNewswire-FirstCall/ -- Consistent with the terms of the Second Amended and Restated Revolving Credit Loan Agreement announced on September 30, 2008 and as previously disclosed in its Annual Report on Form 10-K, Orleans Homebuilders, Inc. reiterates that it has suspended payments of quarterly cash...
Orleans Homebuilders Inc. yesterday reported a hefty loss for its third quarter, with orders for new homes down 40 percent and contract cancellations at a rate of 31 percent. The Bensalem company said it lost $55.7 million, or $3.01 a share, for the three months ended March 31 compared with...
Bensalem's Orleans Homebuilders Inc., a regional builder, yesterday reported deep losses for the second quarter, but its chief executive said the company "wasn't going broke." "The good news is we're not going out of business," chief executive Jeffrey Orleans said in a telephone interview. The company's stock price soared 17...
M2 PRESSWIRE-15 January 2008-The Maybach Review: Has added Orleans Homebuilders Inc. to their watch list.C1994-2008 M2 COMMUNICATIONS LTD RDATE:15012008 Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience....
Orleans Homebuilders Inc. said yesterday that it recorded a $55 million pretax charge on the sale of about 1,400 building lots, mostly in Florida, Illinois and Arizona, in nine separate deals for $32 million. The Bensalem company said the sale, which reduced the number of lots it owns and controls...
So you think your job is hard? Consider how you'd fare if you were CFO of a storied homebuilding company that for the first time in its 57-year history has seen earnings declines for the past five quarters--with no end in sight. Consider, too, if you were...
HouseRaising, Inc. (OTCBB: HRAI), a customhomebuilder and managed service provider to the custom homebuildingindustry, announced today that Katonya B. Riley has been named generalmanager of its Gulf Coast operations. As general manager of its Gulf Coast region, Ms. Riley will be responsiblefor supervising the day-to-day operations in Mississippi and Louisiana,including...
HouseRaising Inc. will play host to a public meeting to discuss Gentilly rebuilding progress from 6 to 8 p.m. Thursday at the company's New Orleans Design Center, 4030 Canal St. Speakers will include City Councilwoman Cynthia Hedge-Morrell, who will give an update on planning for Gentilly; Yolanda...
Reflective of the housing industry's continuing problems, Orleans Homebuilders Inc., Bensalem, said yesterday that it had moved to a loss of $11.3 million, or 61 cents a share, for its fourth quarter, compared with a year-earlier profit of $27.0 million, or $1.44 a share. For the quarter that ended...
HouseRaising, Inc.(OTCBB: HRAI), a managed service provider to the custom homebuildingindustry, is hosting a Grand Opening of its Design Center from 11:00 a.m.until 2:00 p.m. Saturday, August 11, at 4030 Canal Street, New Orleans, LA. The Grand Opening celebration will include music from local Treme BrassBand, food from Mid-City area...
HouseRaising, Inc. (OTCBB: HRAI), a managedservice provider to the custom homebuilding industry, today announced theformation of a partnership, through a combination of operations, withKatonya B. Riley to renovate and build custom homes in the New Orleansarea. Katonya Riley has been a builder for ten years and has her own businessrenovating...
M2 PRESSWIRE-29 March 2007-bellwetherreport.com: Investor Alert for Shareholders of Orleans Homebuilders, Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:29032007 Orleans Homebuilders OHB prefers the City of Brotherly Love to Bourbon Street. OHB and its subsidiaries build communities of single-family homes (with average costs...
HouseRaising Inc., a Charlotte, N.C.-based company that acts as general manager for custom homebuilders, said it is partnering with Baton Rouge homebuilder Edward Jackson to build and renovate homes in south Louisiana and Mississippi. Publicly traded HouseRaising, which last year opened an office in New Orleans, has...
Orleans Homebuilders Inc. lowered its earnings forecast for the fiscal year that ends in June to a range of 25 cents to 45 cents a share. Previously, the Bensalem homebuilder forecast earnings of $1.50 to $1.65 a share. The change is a sign of the housing industry's slump,...
A Charlotte, N.C.-based company that acts as general manager for custom homebuilders has announced a partnership with Covington homebuilders John and Ellie Schroder. The partnership between HouseRaising Inc. and the Schroders will build and renovate custom homes in the New Orleans area, officials said today. ...