Only one of them even remotely relates to the crisis, Ian McCarthy and Beazer Homes.
FORBES: CNBC's Cramer Spits Into Wind On Clawbacks Of Fraudulent Bonuses
In Friday trading, Beazer Homes USA, Inc. shares are currently trading flat on the day.
So far the reported figures, particularly from builders including Pulte, Beazer Homes USA and D.
FORBES: With Apple Absent, Market Starts 2013 With A Big January
Toll Brothers (TOL) and Beazer Homes (BZH) were among the homebuilders trading higher on the news today.
Homebuilders were leading the decline in equities Friday after Beazer Homes announced it received purported notices of default.
Even longtime dogs like Hovnanian and Beazer Homes USA have recently shot to 52-week highs in the past month.
September's distressed issuers included Beazer Homes USA, which was deeply embroiled in the housing bubble, and Blockbuster, a video-rental firm.
Homebuilders like Lennar and Beazer are trying to fix homes as fast as they can and thus halt further suits before they are filed.
Entering in the stock symbols of ten of the largest homebuilders including Brookfield Homes (NYSE: BHS), Beazer Homes USA (NYSE: BZH), D.
One of the heroes in recent weeks is the 10-bagger, Beazer Homes, which has flown from a quarter a share up to about three bucks.
Homebuilders were leading the decline in equities Friday after Beazer Homes (nyse: BZH - news - people ) announced it received purported notices of default.
Shares in Beazer Homes took a particular beating this week, down nearly 10% after the sacking of the company's chief accounting officer amid news of a federal inquiry into possible securities law violations.
"Unfortunately it is quite common and has been a historical problem for many years, mainly in towns and city centres and some other areas, " said Kevin Beazer, South West regional secretary for the union.
However, the iShares Dow Jones U.S. Home Construction Index Fund (NYSE: ITB) holds seven of the ten homebuilders, excluding Beazer Homes, Brookfield Homes, and Hovnanian, and these seven holdings aggregately make up more than 41% of the ETF.
The findings are consistent with headlines implicating companies around the globe in a wide range of wrongdoing, including electronics giant Siemens (bribery), York International, now part of Johnson Controls (foreign corrupt practices), Beazer Homes (accounting irregularities) and Biomet (kickbacks to doctors).
We noted, however, the sustained level of trading interest in Beazer's January '08 option call series, with the buying of some 5, 965 lots midweek in the January '08 call at the 30.0 strike, as well as healthy interest in the 25.0 January straddle.
Shares in Beazer Homes (nyse: BZH - news - people ) took a particular beating this week, down nearly 10% after the sacking of the company's chief accounting officer amid news of a federal inquiry into possible securities law violations.
This indicates to us that many traders have a bankable hunch that Beazer calls are worth scooping up at the reduced premium offered by the current degree of scandal, and that volatility plays and bull interest are still alive and well in the early '08 series.
The findings are consistent with headlines implicating companies around the globe in a wide range of wrongdoing, including electronics giant Siemens (nyse: SI - news - people ) (bribery), York International, now part of Johnson Controls (nyse: JCI - news - people ) (foreign corrupt practices), Beazer Homes (nyse: BZH - news - people ) (accounting irregularities) and Biomet (kickbacks to doctors).
应用推荐