Word: marche
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Homebuilding stocks have been on a tear, climbing 168% on average from their trough in March, outpacing the S&P 500's 57% rise during the same period, says Barclays Capital analyst Megan Talbott McGrath, who tracks eight major builders. If Hovnanian Enterprises, whose stock has soared 645% from its trough, is excluded, builders have rallied 89% on average since March, she says...
Despite the rally, homebuilding stocks remain far off their July 2005 highs. They lost more than 80% of their value on average from July 2005 to their trough in March 2009, noted Keefe Bruyette & Woods analyst Bose George...
...appropriately did not address the more racist criticisms that arose over one of Dartmouth's most widely circulated e-mail updates soon after he was named president in early March, including...
...Resistance Project has announced a Sept. 24 march on the downtown summit site, the David L. Lawrence Convention Center, as well as scattered actions by smaller groups on Sept. 25. Resistance has kept its numbers and the makeup of its alliance a secret; it has also kept mum about the specific actions that are planned for Friday's big protest. Unlike the 11 other organizations (led by the Thomas Merton Center?s Anti-War Committee, Three Rivers Climate Convergence and the local chapter of Codepink) hitting the streets, the Resistance Project has actively avoided applying for a city permit...
...High-end residential real estate around the world has been hit hard by the recession. Prices for luxury flats in London are still a fifth lower than they were in March 2008. But confidence in Hong Kong's luxury market, driven by surprisingly strong economic growth in China, is recovering quickly. Just last week a penthouse apartment located in a new tower built not far from the Cullinan in Hong Kong's Kowloon district sold for $3.16 million. That may not sound like much for an upscale address, but the apartment has just 590 sq. ft. of useable space - meaning...