Only one of them even remotely relates to the crisis, Ian McCarthy and Beazer Homes.
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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.
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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.
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.
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).
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.
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).
Homebuilders like Lennar and Beazer are trying to fix homes as fast as they can and thus halt further suits before they are filed.
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