Tuesday, February 2, 2010

Pending Sales Up


Pending sales of previously owned U.S. homes increased 1 percent, as expected, in December. That helped lift home builders' shares. D.R. Horton (NYSE:DHI - News), one of the top five U.S. home builders, reported its first quarterly profit in almost three years and its stock jumped 11.1 percent to $13.23.
Source: Yahoo Finance.

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