Pultegroup Inc
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Consumer Discretionary : Household Durables | Mid Cap Blend
Company profile

PulteGroup, Inc. is a homebuilder in the United States. The Company's segments include Homebuilding and Financial Services. Its Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land. Its Financial Services operations consist principally of mortgage banking and title operations. The Company conducts its financial services business, through Pulte Mortgage LLC (Pulte Mortgage) and other subsidiaries. Pulte Mortgage arranges financing through the origination of mortgage loans. The Company's subsidiaries are engaged in the homebuilding business. It offers a product line to meet the needs of homebuyers in its focused markets. Through its brands, which include Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, the Company offers a range of home designs, including single-family detached, townhouses, condominiums and duplexes.

Day's Change
-2.41 (-5.32%)
B/A Size
Day's High
Day's Low
(Heavy Day)

Today's volume of 4,339,547 shares is on pace to be much greater than PHM's 10-day average volume of 2,504,498 shares.


Dow edges higher early Wednesday as Wall Street parses bank earnings

9:38 am ET October 14, 2020 (MarketWatch)

U.S. stocks early Wednesday inched higher, as investors digested corporate quarterly results from the nation's largest banks for a second day. Goldman Sachs (GS)reported quarterly results that were much better than expected but results from Bank of America (BAC), Wells Fargo (WFC) and PNC Financial (PNC) were lackluster. The Dow Jones Industrial Average rose 0.1% at 28,724, the S&P 500 index gained less than 0.1% at 3,515, while the Nasdaq Composite Index advanced 0.1% at 11,880. Investors remain focused on a lack of progress on additional stimulus from Congress, with talks stalled. Fears about the spread of the coronavirus in the U.S. and elsewhere in the world also has given some bulls reason for caution. Still stocks remain mostly within reach of new highs as expectations grow for a postelection stimulus plan that could inject more juice into the economy if Democratic challenger and former Vice President Joe Biden wins the presidency and the Democrats also gain a majority in Congress.

-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 14, 2020 09:38 ET (13:38 GMT)

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