Contrarian Stock Market Investing News - Featuring Bargain Stocks » EICFF http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Mon, 10 May 2010 15:10:45 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Global Investing Roundups Wednesday, September 24th, 2008 http://www.contrarianprofits.com/articles/global-investing-roundups-wednesday-september-24th-2008/5696 http://www.contrarianprofits.com/articles/global-investing-roundups-wednesday-september-24th-2008/5696#comments Wed, 24 Sep 2008 14:42:18 +0000 William Patalon III http://www.contrarianprofits.com/articles/global-investing-roundups-wednesday-september-24th-2008/5696 Home Prices Still Dropping; Chrysler Chases GM; Oil Slides Back; Lennar Loss Beats Estimates; Kullman to Helm DuPont; ImClone Plays Hard to Get; France and Britain Nuclear Match?

  • Nationwide home prices fell a record 5.3% in July compared with a year ago, the Federal Housing Finance Agency said yesterday (Tuesday). Prices were down 0.6% from June on a seasonally adjusted basis, and are now at October 2005 levels.
  • Oil prices pulled back…
]]> Home Prices Still Dropping; Chrysler Chases GM; Oil Slides Back; Lennar Loss Beats Estimates; Kullman to Helm DuPont; ImClone Plays Hard to Get; France and Britain Nuclear Match?

  • Nationwide home prices fell a record 5.3% in July compared with a year ago, the Federal Housing Finance Agency said yesterday (Tuesday). Prices were down 0.6% from June on a seasonally adjusted basis, and are now at October 2005 levels.
  • Oil prices pulled back more than 2% yesterday (Tuesday) after Monday’s record setting rally. Light, sweet crude for November delivery fell $2.76 to settle at $106.61 on the New York Mercantile Exchange, after as low as $104.05 earlier in the day. The contract jumped $6.62 to settle at $109.37 on Monday.
  • Lennar Corp. (LEN) yesterday (Tuesday) reported a loss of $89 million, or 56 cents per share, compared with a loss of $513.9 million, or $3.25 per share, a year ago. The loss was less than the 63 cents per share expected, according to Reuters Estimates. Lennar’s revenue plunged 53% to $1.11 billion in the quarter, beating estimates of $1.07 billion.
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