
The Employees Provident Fund (EPF) increased its shareholding in Oriental Holdings Bhd ( OHB ) to 9.26 percent as at May 11 from its lowest holdings level of 6.29 percent on March 14, according to filings with Bursa Malaysia.
March 22 - Overview -- The overall market for better-positioned U.S. homebuilders appears to be stabilizing, but it is currently uncertain whether Orleans Homebuilders Inc. will be able to...
* EADS Astrium wins separate contract to adapt Ariane 5 rocket (Fixes typo in second paragraph)
BRUSSELS, Feb 1 (Reuters) - The European Union's executive will award Germany's OHB Technology a contract on Thursday to build eight satellites for the bloc's Galileo navigation system, EU sources with knowledge of the decision said.
On Wednesday , bankrupt homebuilder Orleans Homebuilders announced that it had struck a deal with NVR NVR for an initial stalking - horse bid for substantially all of the assets of the
windfall. Builders that stand to benefit most from the legislation are those with the stressed balance sheets, such as Orleans OHB , Beazer BZH, and to a lesser extent Hovnanian HOV. Investors should expect a large increase in tangible book values almost
We're still a bit concerned about the prospects of the more levered builders such as Beazer BZH, Hovnanian HOV, Orleans OHB , and to a lesser extent, Standard Pacific SPF. We won't be immediately adjusting any fair values as a result of the debt
its inventory/equity and sales ratios. In fact, out of our public-builder universe of 16 firms, only Orleans Homebuilders OHB and WCI Communities WCI have higher net debt/sales ratios, and only D.R. Horton DHI, Toll Brothers TOL
WCI WCI has $449 million out (as of the third quarter), Standard Pacific SPF has $90 million yet to repay, and Orleans OHB has $419 million drawn presently. Of the three, we still may be a bit aggressive on Orleans, and we are putting the stock
longer period of inactivity could also push above-average-risk Beazer Homes BZH and speculative-rated Orleans Homebuilders OHB over the edge. Well-prepared builders such as NVR NVR, M.D.C. Holdings MDC, KB Home KBH, Ryland RYL