M.D.C. Holdings is a homebuilding company that operates through two segments: homebuilding, and financial services. Co.'s homebuilding segment builds and sells homes under the name...
Question-and-Answer SessionOperator Okay. Thank you. Operator Instructions. And our first question will come from Michael Rehaut with JPMorgan. Please go ahead. Michael Rehaut - JPMorgan Hi, thanks. Good morning, everyone. Gary Reece Hi, Mike. Michael Rehaut - JPMorgan First off, great working with you, Gary, and I look forward...
Question-and-Answer Session Operator Operator Instructions We do have a question from Michael Rehaut - JP Morgan. Analyst for Michael Rehaut – JP Morgan Couple questions on the order pricing it looks like it actually increased sequentially to about $295,000 from $250,000. Is that primarily due to...
Question-and-Answer SessionOperator Thank you. We will now begin the question-and-answer session. We ask that everyone limit themselves to one question and one follow-up question to allow us others the opportunity to speak. Operator Instructions Our first question will come from Dan Oppenheim from Banc of America Securities. Please go...
Question-and-Answer SessionOperator [Operator instructions]. Our first question comes from Michael Rehaut of J.P. Morgan. Michael Rehaut - J.P. Morgan Hi, thanks. Good morning. Larry A. Mizel - Chairman and Chief Executive Officer Hi, Mike. Michael Rehaut - J.P. Morgan First question relates...
Question-and-Answer SessionOperator Thank you. [Operator Instructions] Our first question will come from the line of Michael Rehaut of JP Morgan. Please go ahead. Michael Rehaut - J.P. Morgan Hi, thanks, good morning everyone. Paris G. Reece III - Executive Vice President and Chief Financial Officer...
FP Trading Desk submits: New and existing home prices in the United States will likely deteriorate by up to 15% over the coming months, says Citi Investment Research analyst Josh Levin, and near-term liquidity will continue to drive valuations of homebuilder stocks.The result, Mr. Levin said in a note...
Hickey and Walters Bespoke submit: For traders with a more short-term time horizon, we have compiled a list of the S&P 1500 stocks trading above $25 per share that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over...
Mebane Faber submits: Are the top value hedge funds going to beat the market every quarter, or just outperform when the market is going up? Maybe we should ask Will Ferrell, errr, I mean Robert Goulet: by Mebane Faber
Teeka Tiwari submits: The pain in housing continues unabated. Fannie FNM and Freddie FRE are knee deep in the muck and are tightening lending standards at the absolute wrong time in the cycle. Even with explicit government guarantees these guys are wrapped in a cloak of fear and doubt. One...
DENVER, Sept. 29 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. will release its 2008 third quarter earnings before market open on Friday, October 31, 2008 and will host a teleconference the same day at 10:00 am ET. The live teleconference will be available by calling 866-816-5116 and entering passcode 66669329....
- Cash flow from operations of $91.6 million - Quarter-end cash of $1.30 billion; no borrowings on homebuilding line of credit - Ending cash and available borrowing capacity of $2.03 billion - Pre-tax loss of $101.5 million; includes asset impairments of $88.3 million ...
DENVER, July 28 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. today announced that its board of directors has declared a regular quarterly cash dividend of twenty-five cents ($.25) per share on the Company's common stock. The dividend will be paid on Tuesday, August 26, 2008 to shareowners of record...
BETHESDA, Md. -- The Calvert Social Index Committee ("Index Committee") met on June 18th to review and approve changes to the Calvert Social Index[R]. The Index Committee meets quarterly to review the component companies of the Index for corporate actions (i.e., spin-offs, mergers and acquisitions, bankruptcy) and...
First California Financial Group, Inc.(NASDAQ: FCAL) ("First California") reported today that at its recentannual meeting shareholders reelected all 10 directors. They are RichardD. Aldridge, Donald E. Benson, John W. Birchfield, Joseph N. Cohen, RobertE. Gipson, W. Douglas Hile, Antoinette T. Hubenette, M.D., C. G. Kum, SybleR. Roberts...
DENVER, May 16 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. announced today it will broadcast a presentation being made at the Seventh Annual JMP Securities Research Conference on Monday, May 19th, at 10:30 a.m. PDT. The presentation can be heard live and will be available for replay by entering the...
Like Pigs at a Trough, Corporate Homebuilders Line Up Before Congress Seeking Multi-Billion Dollar Taxpayer Handouts for Crisis They Helped Create Union's Pension Fund Also Opposing Company's Executive Compensation Proposal LIUNA - the Laborers' International Union of North America - will continue its "Pigs at the...
DENVER, March 3 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. announced today it will broadcast a presentation being made at the Citigroup 2008 Global Industrial Manufacturing Conference on Wednesday, March 5th, at 11:15 a.m. EST. The presentation can be heard live and will be available for replay by entering...
M2 PRESSWIRE-27 February 2008-MarketMinute: Progressive Following on MDC Holdings IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:27022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a...
DENVER, Feb. 26 /PRNewswire-FirstCall/ -- M.D.C. Holdings, Inc. today announced that Paris G. Reece III will be retiring as the Company's Executive Vice President, Chief Financial Officer and Principal Accounting Officer effective at the close of business on June 30, 2008. A search is underway for his...
M2 PRESSWIRE-21 February 2008-NYSENEWS: Progressive Following on MDC Holdings IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:21022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a...
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