Posts Tagged ‘housing-starts’
Stocks are Lower on FedEx Warning and Weak Housing Data
Stocks slipped at the open on Wednesday as FedEx warned about higher costs, housing starts fell to a five-month low and new concerns surfaced over Spain’s fiscal problems. FedEx on Wednesday offered a conservative outlook for its new fiscal year even as strong exports from Asia led to healthy fourth-quarter results. The forecast for earnings of $4.40 Read the rest of this entry »
Kiplinger Letter April 16, 2010 (The Kiplinger Letter)
At last, for housing and related industries... The painful slide seems to have ended. After four years of declining construction and sales, they'll finally see an upturn in 2010...a start on recovery. But the suffering is far from over. Read the rest of this entry »