National Labor Relations Board Dismisses Laborers' International Union of North America Charge Against Pulte Homes, Inc.
2010-03-11 06:27:50
Quote: NYSEPHMNews), announced today that the National LaborRelations Board (NLRB) for Region 28 has dismissed a charge filed by theLaborers’ International Union of North America (LiUNA) that allegedPulte Homes, Inc. violated the National Labor Relations Act.LiUNA alleged that Pulte interfered with its subcontractors’ employees’rights to join a union. The NLRB refused to issue a complaint in thematter, finding that “there is insufficient evidence to establish that[Pulte] has ...
Read articlePulte Homes' Presentation at Raymond James Annual Institutional Investor Conference to Be Webcast Live
2010-03-11 06:27:50
Quote: Press ReleaseSource: Pulte Homes, Inc.On Wednesday March 3, 2010, 3:41 pm ESTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Pulte Homes, Inc. (:- ), will present at the Raymond James 31Interested investors can access a live webcast of the Company’spresentation by logging onto Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’slargest home building companies with operations in 69 markets, 29 statesand the District of Columbia. The Company has an unmatched capacity to...
Read articleKansas City mixed-use project’s developers file for bankruptcy
2010-03-09 05:11:34
Quote: If that’s the case, the bank could force the partners to make a hefty principal paydown and/or put up considerable interest reserves, Snyder said.Even if the bank wanted to extend less onerous terms, Snyder added, “Hillcrest is under some federal pressures from the regulators that may not allow them to modify the loan.”A “cramdown,” legal slang for court-ordered approval of a debtor’s reorganization plan, “may be what the borrower thinks is their best op...
Read articleNational Labor Relations Board Dismisses Laborers' International Union of North America Charge Against Pulte Homes, Inc.
2010-03-09 05:11:33
Quote: NYSEPHMNews), announced today that the National LaborRelations Board (NLRB) for Region 28 has dismissed a charge filed by theLaborers’ International Union of North America (LiUNA) that allegedPulte Homes, Inc. violated the National Labor Relations Act.LiUNA alleged that Pulte interfered with its subcontractors’ employees’rights to join a union. The NLRB refused to issue a complaint in thematter, finding that “there is insufficient evidence to establish that[Pulte] has ...
Read articlePulte Homes restarts building in Davenport
2010-03-04 04:10:57
Quote: Pulte Homes resumed work on its La Cresta active-adult community in Davenport, now renamed Del Webb Orlando.The development, which originally opened in 2006 and then suspended operations last July to resolve issues with the land developer, expects to re-open early this summer, said a news release. Representatives from Pulte Homes were unavailable for further comment by press time.The project now has a revised construction plan that includes 830 homes and a $6 million amenity center that features...
Read articlePulte Homes' Presentation at Raymond James Annual Institutional Investor Conference to Be Webcast Live
2010-03-04 04:10:56
Quote: Press ReleaseSource: Pulte Homes, Inc.On Wednesday March 3, 2010, 3:41 pm ESTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Pulte Homes, Inc. (NYSE:- ), will present at the Raymond James 31Interested investors can access a live webcast of the Company’spresentation by logging onto Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’slargest home building companies with operations in 69 markets, 29 statesand the District of Columbia. The Company has an unmatched capacit...
Read articleALL BUSINESS: Big pay for CEOs turning consultants
2010-03-03 04:20:37
Quote: and Pulte Homes Inc., have also disclosed they'll be paying big money to former executives for little work.Consulting gigs have been a way of rewarding departing executives for years. It would be as if the Indianapolis Colts kept Peyton Manning on after he retires to give a few high-fives to his former teammates -- while collecting a hefty paycheck.Companies say consulting contracts allow them to tap their former leaders' experience, knowledge, credibility and more. Customers, clients and shareh...
Read articlePulte Homes Underscores Its Commitment to Corporate Governance with Public Report Disclosing Political Spending
2010-03-03 04:20:37
Quote: The company also willimplement board oversight of its political spending.Pulte Homes is adopting comprehensive reporting of its soft moneycontributions and payments to trade associations and other tax-exemptorganizations used for political purposes. In implementing these steps,Pulte Homes joins a growing list of Fortune 500 companies that areadopting similar programs.“Good corporate governance practices are important to Pulte Homes,†saidRichard J. Dugas, Jr., President and CEO of Pu...
Read articlePulte Homes (PHM) Is Stock To Watch In 2010: Largest Homebuilder Has Tons To Gain From Economic Upswing
2010-03-03 04:20:34
Quote: Pulte Homes (PHM) is the stock we are focusing on. Although if homebuilding revives, experience suggests most of the group will do well. Pulte is one of the largest homebuilders. We don't expect any improvement in business this year. However, we do expect that towards the end of the year, expectations of improvement in 2011 will begin to draw buyers into the stock. We are probably early, but we think that 2011 will be a much better year for the homebuilders.Another stock that we have been buildi...
Read articlePulte Homes Underscores Its Commitment to Corporate Governance with Public Report Disclosing Political Spending
2010-03-01 08:28:34
Quote: The company also willimplement board oversight of its political spending.Pulte Homes is adopting comprehensive reporting of its soft moneycontributions and payments to trade associations and other tax-exemptorganizations used for political purposes. In implementing these steps,Pulte Homes joins a growing list of Fortune 500 companies that areadopting similar programs.“Good corporate governance practices are important to Pulte Homes,†saidRichard J. Dugas, Jr., President and CEO of Pu...
Read articleALL BUSINESS: Big pay for CEOs turning consultants
2010-03-01 08:28:33
Quote: and Pulte Homes Inc., have also disclosed they'll be paying big money to former executives for little work.Consulting gigs have been a way of rewarding departing executives for years. It would be as if the Indianapolis Colts kept Peyton Manning on after he retires to give a few high-fives to his former teammates -- while collecting a hefty paycheck.Companies say consulting contracts allow them to tap their former leaders' experience, knowledge, credibility and more. Customers, clients and shareh...
Read articleBuilders Fumble After Home Sales Fall
2010-02-25 05:06:09
Keywords: U.S. Markets, U.S. Equities, Home Sales, Home Builders, Housing, Toll Brothers
Quote: HortonDHInewspeople) lost 48 cents, or 3.8%, to $12.09; Pulte HomesPHMnewspeople) slid 41 cents, of 3.7%, to $10.56; and LennarLENnewspeople) dropped 82 cents, or 5%, to $15.46. The SPDR S&P Homebuilders ETFXHBnewspeople), which also counts housing-related retailers like Home DepotHDnewspeople), Lowe'sLOWnewspeople) and Bed Bath and BeyondBBBYnewspeople) among its holdings, was 1.1% lower.......
Read articleDrop In Home Sales Batters Builders
2010-02-25 05:06:08
Keywords: U.S. Markets, U.S. Equities, Toll Brothers, Housing, Home builders, Home sales, Consumer spending
Quote: HortonDHInewspeople) lost 33 cents, or 2.6%, to $12.24; Pulte HomesPHMnewspeople) slid 25 cents, or 2.3%, to $10.72; and LennarLENnewspeople) dropped 11 cents, or 7%, to $16.16. The SPDR S&P Homebuilders ETFXHBnewspeople), which also counts housing-related retailers like Home DepotHDnewspeople), Lowe'sLOWnewspeople) and Bed Bath and BeyondBBBYnewspeople) among its holdings, was 0.5% lower.......
Read articleUpdate: Pulte Homes' Presentation at Wells Fargo Securities Housing and Building Products Conference to Be Webcast at 1:50 p.m. Mountain Time
2010-02-24 07:31:09
Quote: Press ReleaseSource: Pulte Homes, Inc.On Tuesday February 23, 2010, 3:06 pm ESTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Pulte Homes, Inc. (NYSE:- Interested investors can access a live webcast of the Company’spresentation by logging onto Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’slargest home building companies with operations in 69 markets, 29 statesand the District of Columbia. The Company has an unmatched capacity tomeet the needs of all buyer segme...
Read articleClass Action Lawsuit Against Pulte Homes, Inc. Dismissed With Prejudice
2010-02-23 10:23:22
Quote: BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--On February 18, 2010, the United States District Court for the NorthernDistrict of California dismissed with prejudice a putative class actionlawsuit filed against Pulte Homes, Inc., Pulte Home Corporation andPulte Mortgage LLC. The lawsuit alleged, among other things, that Pulteengaged in misconduct that contributed to the mortgage crisis.The suit drew from reports issued by the Laborer’s International Unionof North America (“LiUNAâ€) ...
Read articleUPDATE - Lennar terminates $1.1 billion credit facility
2010-02-23 10:23:22
Keywords: Construction and engineering (industry),United States of America,Loans,Debt,Building Materials,Real estate (industry),U.S. corporate debt,Credit Market News,Corporate debt,Company News item,Economic news, EC, business/financial pages,
Quote: 1 homebuilder Pulte Homes Inc (PHM.N) and luxury
builder Toll Brothers Inc (TOL.N) are the only national
builders to maintain significant bank lines, said corporate
bond analyst Vicki Bryan of Gimme Credit. "They (Lennar) have enough cash to make it through, so it's
time to lose the restraints of their credit agreements," she
said. Lennar was not immediately available for comment. Shares of Lennar were down 0.4 percent at $17.24 in early
New York Stock Exchange trading.(Reporting by Helen Cherni...
Read articleHagens Berman Response to Court's Decision in Pulte Homes Lawsuit
2010-02-23 10:23:21
Quote: Press ReleaseSource: Hagens Berman Sobol ShapiroOn Monday February 22, 2010, 7:00 pm EST“We strongly disagree with the District Court for the NorthernDistrict of California’s decision to dismiss the class-action lawsuitfiled against Pulte Homes (NYSE: - Hagens Berman Sobol Shapiro is a nationally recognized class-action andcomplex-litigation law firm based in Seattle with offices in SanFrancisco, Chicago, Boston, Los Angeles and Phoenix. Among recentsuccesses, HBSS negotiated a $300...
Read articleCourt Denies Laborers' International Union of North America (LiUNA) Motion to Dismiss Lawsuit Filed by Pulte Homes of St. Louis (formerly The Jones Company Homes, LLC)
2010-02-23 10:23:20
Quote: LOUIS--(BUSINESS WIRE)--Pulte Homes of St. Louis (formerly The Jones Company Homes, LLC)announced today that The United States District Court for the EasternDistrict of Missouri has denied a motion filed by the Laborers’International Union of North America (LiUNA) to dismiss the lawsuitfiled by the Company against the Union.Filed on December 1, 2009, the Company’s lawsuit alleges that LiUNA andits agents violated federal and state law when the Union barged into aprivate employee me...
Read articlePULTE HOMES INC/MI/ Files SEC form 10-K, Annual Report
2010-02-22 09:00:20
Quote: Read articlePulte Homes' Presentation at Wells Fargo Securities Housing and Building Products Conference to Be Webcast Live
2010-02-19 02:57:58
Quote: Press ReleaseSource: Pulte Homes, Inc.On Thursday February 18, 2010, 3:51 pm ESTBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--Pulte Homes, Inc. (NYSE:- Interested investors can access a live webcast of the Company’spresentation by logging onto Pulte Homes, Inc., based in Bloomfield Hills, Mich., is one of America’slargest home building companies with operations in 69 markets, 29 statesand the District of Columbia. The Company has an unmatched capacity tomeet the needs of all buyer segm...
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