June 27, 2013 | Daily Business Review
KB Home Reports Narrower Quarterly Loss, Revenue IncreaseKB Home, the best-performing U.S. home-builder stock this year, reported a narrower loss for its fiscal second quarter as revenue and selling prices jumped.
By Bloomberg News
2 minute read
March 21, 2013 | Daily Business Review
Home prices climb 6.5% through JanuaryU.S. home prices rose 6.5 percent in the year through January, the biggest jump since 2006, as values surged on the West Coast and in the area including Nevada and Arizona.
By Bloomberg News
2 minute read
January 10, 2011 | Daily Business Review
Fiat raises Chrysler stake to 25% after target is metFiat SpA raised its stake in Chrysler Group LLC to 25 percent after the U.S. automaker met the first performance-related target in Chief Executive Officer Sergio Marchionne's five-year turnaround plan.
By Bloomberg News
4 minute read
September 11, 2012 | Daily Business Review
Mortgage-seizure backer says taking delinquent debt in programSan Francisco-based Mortgage Resolution Partners is seeking to profit by providing services to local governments that use their so-called eminent domain powers to force sales of home loans packaged into securities without federal backing.
By Bloomberg News
3 minute read
March 19, 2013 | Daily Business Review
AMR, US Air leaders defend deal criticized as bad for fliersThe proposed merger between AMR Corp.'s American Airlines and US Airways Group would increase fares, reduce service to smaller communities and make it more difficult for low-cost carriers to compete, two consumer advocates said in testimony for a Senate hearing.
By Bloomberg News
2 minute read
August 30, 2012 | Daily Business Review
New York AG probing energy-drink makersThe New York attorney general is investigating PepsiCo Inc., and two other energy-drink makers over their marketing practices.
By Bloomberg News
1 minute read
July 23, 2012 | Daily Business Review
Schlumberger profit rises on oil growth beyond North AmericaOilfield-services provider Schlumberger said net income climbed to $1.4 billion from $1.1 billion a year earlier, as customers increased their quest for crude outside the U.S. and Canada onshore market.
By Bloomberg News
2 minute read
August 09, 2012 | Daily Business Review
SEC tightens automated-trading rulesThe Securities and Exchange Commission is writing new rules in the wake of Knight Capital Group's $440 million trading loss Aug. 1 that almost put it out of business.
By Bloomberg News
2 minute read
December 13, 2012 | Daily Business Review
Mortgage rates drop with 30-year at near-record 3.32%U.S. mortgage rates fell, decreasing borrowing costs after more Americans applied for home loans.
By Bloomberg News
2 minute read
July 08, 2013 | Daily Business Review
Toyota Camry, Honda Civic Inventories Rise, RBC SaysToyota's Camry and Honda's Civic, the top-selling mid-size and compact cars in the United States, face risk of reduced production as inventories of the models rise, an RBC Capital Markets report said.
By Bloomberg News
2 minute read
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