Centex PHM
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New Morningstar Analyst Report - Eagle Materials, Inc.
… products for residential and commercial construction. The company was founded as a subsidiary of Centex Corp in 1963, operated as a public company under Centex Construction Products since 1994, and then spun-off to form Eagle Materials in 2004. The …
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Morningstar Analyst Report - PulteGroup Inc
… conditions.The 2009 merger with Centex that roughly doubled Pulte's size ..... adult buyers through its respective Centex , Pulte, and Del Webb brands. The ..... as many of them arrived with the Centex merger. Pulte's approximate 52 …
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XHB Analysis: No Compelling Reason to Buy or Short Pulte Homes
… Pulte Mortgage LLC. The company acquired Centex Corp in August of 2009 in an all stock deal worth $1.3 billion, and Centex is now a wholly owned subsidiary of Pulte. Adding Centex to Pulte's other brands of Pulte Homes …
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Homebuilding Outlook: Improved Balance Sheets
… 207 41,629 0.5x 0.6x Total figures for 2006 include CTX . Stockholder’s Equity From its 2006 peak of almost $42 billion ..... 40 222 2,214 Total 23,469 69,913 573 3,008 28,561 Centex included in Pulte’s 2006 inventory level. The End to Big Impairments …
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Housing Outlook Part II: Home Closings
… Average 7,272 7,737 7,453 10,962 17,123 24,378 Total 87,266 92,840 89,440 131,545 205,476 *330,039 * Centex contribution included in 2006 total. Since the tax credit’s expiration, new home sales have, unsurprisingly, trended …
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Pulte Posts 3Q Results
… million that include a write-off of $655 million of Centex -related goodwill reflect poorly on the firm's capital ..... policies while confirming our concerns about overpaying for Centex . This announcement illustrates that Pulte still has major …
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Pulte Posts 2Q Results
… overhead expenses, yet closings doubled because of the inclusion of Centex business that wasn't there in the year-ago period. This is impressive ..... that will be usable because of restrictions on the use of legacy Centex deferred tax assets.
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New Credit Rating: PulteGroup
… leading to a very poor Solvency Score . Pulte merged with Centex in August 2009 near the market's bottom to create what ..... community business , Pulte's move - up home business , and Centex 's entry - level homes business . Pulte has one of the …
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Pulte Reports 1Q Results
… offset by a 4 % increase in delivery price ( relative to a pro forma price of last year ) . Orders were up 145 % , but when Centex orders are included in the year - ago period , the combined company's orders were down 26 % . This is not necessarily …
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Pulte Reports 4Q Results
… parts due to its integration of the Centex acquisition closed last August. Once ..... billion in goodwill created in the Centex acquisition last August. The driver ..... confirmation that it did indeed overpay for Centex . We had initially thought Pulte made …