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Hovnanian Enterprises

Jobs Report Highlights Light Week Ahead

The February jobs report is out next Friday and should prove the highlight of an otherwise light week for economic data.Quarterly earnings reports are winding down with a handful of bellwether companies, not least home construction firm Hovnanian Enterprises (NYSE:HOV), which is scheduled to report on Wednesday.The January jobs report was a disappointment – the headline unemployment rate rose slightly to 7.9% from 7.8% and the economy added just 157,000 jobs, according to the Department of Labor.The number of jobs added fell in a now-familiar range of between 150,000 and 160,000, the same range seen through most of 2012.Economists believe that number will have to climb well above 200,000 if the U.S. is to make a lasting dent in the unemployment rate. That's important because the Federal Reserve has essentially tied its fiscal policy to that rate, vowing not to tighten its loose fiscal policies until the rate falls below 6.5%. Keeping interest rates at historically low levels risks runa...

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  1. Housing Market Still Suffering Despite Low Prices, Mortgage Rates

    S&P/Case-Shiller Index Co-author Robert Shiller on the outlook for the housing market.

  2. Housing Continues to Bounce Along the Bottom

    Hovnanian Enterprises CEO Ara Hovnanian on the challenges still facing the housing industry.

  3. Ara Hovnanian on How to Boost the Housing Market

    Hovnanian Enterprises CEO Ara Hovnanian on why the mortgage qualification process must be addressed to improve the housing market.

  4. Is Your Mortgage Deduction at Risk?

    Hovnanian Enterprises CEO Ara Hovnanian on the impact on the housing industry of ending the mortgage tax deduction.

  5. Hovnanian Enterprises CEO on the Outlook for Housing

    Hovnanian Enterprises CEO Ara Hovnanian on why there will be a steady and gradual recovery for new home construction.

  6. Hovnanian To Offer $50 Million In Stock, 3M Units, To Refinance Debt

    Hovnanian Enterprises Inc. (HOV) detailed plans to offer $50 million of the home builder's Class A shares, 3 million tangible equity units and senior unsecured notes...

  7. Hovnanian on Green Homes

    Hovnanian Enterprises CEO Ara Hovnanian on the government’s home-energy program and the state of the housing market.

  8. Hovnanian: Unemployment Driving Housing Market

    Hovnanian Enterprises CEO Ara Hovnanian argues unemployment, not taxes, is the biggest factor affecting the housing rebound.

  9. Hovnanian posts narrower quarterly loss

    NEW YORK (Reuters) - Homebuilder Hovnanian Enterprises Inc reported a narrower quarterly loss Wednesday, but missed analyst estimates as weak consumer confidence hur...

  10. Week Ahead: It's the Jobs, Silly

    Investors will be looking at the August jobs figures for signs of a healthier economy. They are likely to be disappointed.The jobless rate for August, which will be ...

  11. Christie on Unions, Education

    New Jersey Governor Chris Christie on his relationship with unions and his plan for the state’s education system.

  12. Hovnanian Enterprises 2Q Results Mixed

    Hovnanian Enterprises Inc. (HOV) saw a narrower-than-expected second-quarter loss, but revenue came in below the Street’s expectations.The home-builder reported a fi...

  1. Hovnanian: We Can’t Build Homes Fast Enough

    Hovnanian Enterprises CEO Ara Hovnanian discusses why he is raising prices of his homes.

  2. Hovnanian CEO on the Housing Market Recovery

    Hovnanian Enterprises CEO Ara Hovnanian on the state of the housing market.

  3. Back in the Black: Hovnanian Posts Surprise 3Q Profit

    Buoyed by a new home market it believes has bottomed, home builder Hovnanian Enterprises (NYSE:HOV) revealed a surprise fiscal third-quarter profit on Thursday thank...

  4. Should Investors Remain in Equities Despite the Risks?

    Knight Capital Managing Director Peter Kenny and Trading Advantage President Larry Levin on the outlook for the markets.

  5. Hovnanian CEO: We’ve Passed the Bottom of Housing Market

    Hovnanian Enterprises CEO Ara Hovnanian on the outlook for real estate.

  6. Housing Sector Down on Missed Earnings and Data

    Shares of homebuilders fell Friday after a bellwether company, KB Homes (NYSE: KBH), reported disappointing quarterly earnings and a key monthly housing gauge dipped...

  7. Home Builders Seeing Brighter Future

    Home builder confidence is rising, hitting its highest level in four years and raising optimism that the worst housing crisis in decades might have scraped bottom.A ...

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