ADVFN - Advanced Financial Network.
HOME» NYSE » P » PHM Stock Price » PHM Stock News

Pulte Homes Share News

 Pulte Homes, Inc. Stock Price
PHM Stock Price
 Pulte Homes, Inc. Stock Chart
PHM Stock Chart
 Pulte Homes, Inc. Stock News
PHM Stock News
 Pulte Homes, Inc. Company Information
PHM Company Information
 Pulte Homes, Inc. Stock Trades
PHM Stock Trades

Pulte Returning More Control To Local Level

By Dawn Wotapka Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Builder PulteGroup (PHM) said Friday that is giving more control to its local markets, reversing an industrywide consolidation trend that followed the housing crash. "When our volumes were approaching 50,000 houses a year, national building plans, standardized specifications and standardized purchasing product lines were advantageous," Chief Executive Richard Dugas said in an earnings conference call. "At current volumes, it is making sense for us to push more of these activities down to the local market...We have given greater control back to our field operations to drive local house construction costs lower." The company, the nation's second-largest builder, is also winding down its plant-based operations in Phoenix, where low volumes had turned plant efficiencies into a "margin drag," Dugas said. "While having a changed course on previous strategies is frustrating, it's the right action to drive meaningful change and capture more significant savings," Dugas said. Earlier Friday, Pulte swung to a loss of $165.4 million, or 44 cents a share, compared with a loss of $116.9 million, or 31 cents, a year earlier. -By Dawn Wotapka, Dow Jones Newswires; 212-416-2193;

Stock News for Pulte Homes (PHM)
10/05/201511:21:18Current Report Filing (8-k)
09/28/201514:28:00PulteGroup's Third Quarter 2015 Earnings Release And Webcast...
09/09/201516:00:00PulteGroup Announces Quarterly Cash Dividend Of $0.08 Per Share
08/27/201510:00:00Single And Loving It: Packed Social Calendar Trumps Little Black...
08/23/201519:29:00Housing Stocks Offer a Ray of Hope
08/20/201510:18:29Statement of Changes in Beneficial Ownership (4)
08/19/201516:47:05Statement of Changes in Beneficial Ownership (4)
08/19/201516:23:13Statement of Changes in Beneficial Ownership (4)
07/28/201509:00:10D.R. Horton Profit Soars
07/23/201514:21:31Home Builder Pulte Tops Earnings Expectations--Update
07/23/201509:59:56Quarterly Report (10-q)
07/23/201508:30:09PulteGroup Tops Earnings Expectations
07/23/201507:43:18PulteGroup Tops Earnings Expectations, but Revenue Falls Short
07/23/201507:18:28Current Report Filing (8-k)
07/23/201506:30:00PulteGroup Reports Second Quarter 2015 Financial Results
06/30/201511:55:00Del Webb Communities Listed Among The Best Places To Live
06/30/201510:42:00Del Webb Communities Listed Among The Best Places To Live
06/29/201509:40:00PulteGroup's Second Quarter 2015 Earnings Release And Webcast...
06/25/201510:48:00Carolina Orchards by Del Webb To Be Charlotte Area's Second Active...
06/12/201510:21:52Annual Report of Employee Stock Plans (11-k)

Pulte Homes and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations