Meritage Homes is a designer and builder of single-family attached and detached homes in the southern and western U.S. Co. primarily operates in three regions:...
Question-and-Answer SessionOperator Operator Instructions Our first question comes from David Goldberg - UBS. David Goldberg - UBS My question was really about the decision to move towards the entry level buyer. And what I’m trying to get an idea of is in the current land position that...
Question-and-Answer Session Operator Operator instructions Your first question comes form the line of Robert Manowitz with UBS. Robert Manowitz – UBS Hi, good morning. On the fourth quarter conference call you gave some color on the first quarter take downs. And I was wondering at this...
Question-and-Answer Session Operator Your first question comes from the line of David Goldberg - UBS. David Goldberg - UBS If you could maybe start by talking about how comfortable you are with the liquidity position that your land bankers have and just give some general ideas of...
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...
Bill Cara submits: As I see it, the Euro looks to be headed to a test of 1.38, which would be the time to move back into precious metals with at least a partial position. There is support for the euro at 1.40. The Cdn Dollar looks to be...
NEW YORK -- Fitch Ratings has taken the following rating actions on Meritage Mortgage Corp. asset-backed certificates. Affirmations total $172.1 million and downgrades total $14.3 million. In addition, approximately $17.9 million is placed on Rating Watch Negative. Break Loss percentages BL and Loss Coverage Ratios LCR for...
NEW YORK -- Fitch Ratings will be holding a conference call this morning at 11 a.m. ET to discuss its latest round of rating actions on U.S. homebuilders and what factors precipitated the rating actions. Managing Director and call leader Bob Curran will also be...
NEW YORK -- Fitch Ratings will be holding a conference call this Thursday morning, Aug. 30, at 11 a.m. ET to discuss its latest round of rating actions on U.S. homebuilders and what factors precipitated the rating actions. Managing Director and call leader Bob Curran...
M2 PRESSWIRE-22 August 2007-BUYINS.NET: CUK, DIL, MTH, NFI, SPC, LCUT Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading DaysC1994-2007 M2 COMMUNICATIONS LTD RDATE:22082007 BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and...
M2 PRESSWIRE-6 August 2007-BUYINS.NET: CUK, DIL, HOS, MTH, NFI, SPC Have Been Added To Naked Short List TodayC1994-2007 M2 COMMUNICATIONS LTD RDATE:06082007 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short...
An Orange County Business Journal Special Report OC Money Subtle Spillover of Subprime Tightening But Money's Still Flowing is it harder for businesses, I developers and homebuyers to get a loan in the wake of the subprime mortgage meltdown? The answer is mixed depending...
SAN FRANCISCO -- JMP Group Inc. (NYSE: JMP), a growth-oriented investment banking and asset management firm, announced today that its broker-dealer subsidiary, JMP Securities LLC, will host its Sixth Annual JMP Securities Research Conference from May 21 through May 23, 2007, at The Ritz-Carlton, San Francisco. ...
M2 PRESSWIRE-27 April 2007-FINANCIALS: Meritage Homes Corp Expects to Beat EstimatesC1994-2007 M2 COMMUNICATIONS LTD RDATE:27042007 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 ...
M2 PRESSWIRE-26 April 2007-Large Cap News: In- Depth Research on Meritage Homes CorpC1994-2007 M2 COMMUNICATIONS LTD RDATE:26042007 In- Depth Research on Meritage Homes Corp (NYSE:MTH) Meritage Homes Corporation engages in the design and building of single-family attached and detached...
NEW YORK -- Fitch Ratings has taken the following rating actions on Meritage Mortgage Loan Trust's series 2004-1 and series 2004-2: Series 2004-1 --Class M-1 affirmed at 'AA'; --Class M-2 affirmed at 'AA-'; --Class M-3 affirmed at 'A+'; ...
NEW YORK -- Fitch Ratings has taken various actions on following classes of Meritage Mortgage Loan Trust issue, series 2004-1: -- Class M-1 affirmed at 'AA'; -- Class M-2 affirmed at 'AA-'; -- Class M-3 affirmed at 'A+'; --...
NEW YORK -- Although the Rating Outlook remains generally Stable in the U.S. homebuilding industry, higher ratings are unlikely and, in some cases, may even tread down in 2007 if the economy softens, according to Fitch Ratings. The larger public homebuilders, from a debt-holder perspective,...
M2 PRESSWIRE-30 November 2006-Blue Chip News: Meritage Homes CorpAdded to Bellwether Watch ListC1994-2006 M2 COMMUNICATIONS LTD RDATE:30112006 Meritage Homes Corp. (NYSE:MTH) Added to Bellwether Watch List Meritage Homes builds homes worthy of merit. The company annually builds about 9,400...
M2 PRESSWIRE-11 October 2006-bellwetherreport.com: The Bellwetherreport.com Issues an Awareness for Meritage Homes Corp.C1994-2006 M2 COMMUNICATIONS LTD RDATE:11102006 The Bellwether Report Takes Notice of Meritage Homes Corp. (Nyse:MTH) Meritage Homes builds homes worthy of merit. The company annually ...
NEW YORK -- FORTUNE announced today its 16th annual list of the 100 Fastest-Growing Companies. Topping the ranking is Vaalco Energy of Houston, an exploration and production company that saw profits soar at an astonishing rate of 147% annually over the past three years, while its stock...