Orleans Homebuilders is engaged in the marketing, development and building of single-family homes, townhouses and condominiums to serve various types of homebuyers, including move-up, luxury,...
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...
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...
BENSALEM, Pa., Sept. 17 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. announced on September 15, 2008 that it had received an extension of the limited waiver received on May 9, 2008 from its lenders under the Company's Amended and Restated Revolving Credit Agreement (the "Credit Facility"). The effect of...
BENSALEM, Pa., May 14 /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...
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, Pa., May 12 /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., May 7 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. will hold a conference call on Monday, May 12, 2008 at 10:00 AM EDT to discuss results for the fiscal third quarter 2008. You may listen to the conference call and view the Company's slide presentation over the...
BENSALEM, Pa., March 14 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. announced today that Michael T. Vesey, President and Chief Operating Officer, adopted a personal stock trading plan in February 2008, pursuant to, and intended to comply with, Rule 10b5-1 under the Securities Exchange Act of 1934. Under...
BENSALEM, Pa., March 3 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. announced that it has declared a quarterly cash dividend of $0.02 per share on the Company's outstanding common stock. The cash dividend will be payable March 28, 2008 to shareholders of record at the close of business on...
BENSALEM, Pa., Feb. 22 /PRNewswire-FirstCall/ -- Jeffrey P. Orleans, Chairman and Chief Executive Officer, and Garry P. Herdler, Executive Vice President and Chief Financial Officer, of Orleans Homebuilders, Inc. , will participate at the Wachovia Annual Homebuilding & Building Products Conference on Thursday, February 28, 2008 at 11:00 AM...
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,...
Think of two of the biggest challenges facing any CFOs out there, and you might think of the housing industry and the Hurricane Katrina-ravaged New Orleans. Those are precisely the CFOs that Executive Editor Ellen Heffes interviewed for this issue's cover story: the ...
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...
Members of the National Black Caucus of Local Elected Officials (NBC-LEO) helped build homes in hurricane-ravaged areas of Biloxi, Miss., while attending the NBC-LEO Annual Summer Conference. More than 50 NBC-LEO members, in conjunction with the East Biloxi Coordination Relief...
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...
Articles 2007-08-10
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